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For sale by owner
  • $394,900

    1008 4th St, Garretson, SD 57030

    7beds
    4,500sqft
    : 
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    MultiFamily
    Built in 1973
    -- sqft lot
    $393,000 Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Attached garage
    Turnkey Triplex Investment Opportunity – Strong Cash Flow & Proven Rental History Don’t miss this exceptional opportunity to own a well-performing triplex with consistent income and long-term stability. This property generates $3,200/month in rental income and has maintained a 100% occupancy rate since 2020, making it a reliable addition to any investor’s portfolio. The building features three separate units, including: One spacious 3-bedroom, 1.5-bath unit with an attached garage Two well-sized 2-bedroom, 1 bath units Each unit is equipped with separate utilities, minimizing owner expenses and maximizing net returns. The property has a strong rental history with long-term tenants, reflecting both tenant satisfaction and solid management. With its steady cash flow, low vacancy history, and practical unit mix, this property is ideal for both seasoned investors and those looking to get started in real estate investing. Highlights: $3,200/month gross rental income 100% occupancy since 2020 Separate utilities for each unit Long-term tenant base Desirable unit mix with garage for added value Add this income-producing property to your portfolio and start earning from day one!
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    Listed by:

    Property Owner (605) 940-9525

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Basement: Finished
      Interior area
      • Total interior livable area: 4,500 sqft

      Property

      Parking
      • Parking features: Garage - Attached, Garage - Detached
      Features
      • Exterior features: Other
      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 23331

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Frame
      • Foundation: Concrete Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1973

      Community & HOA

      Location
      • Region: Garretson

      Financial & listing details

      • Price per square foot: $88/sqft
      • Tax assessed value: $206,300
      • Annual tax amount: $3,686
      • Date on market: 6/11/2026
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        Estimated market value

        $393,000

        $354,000 - $432,000

        $1,065/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$394,900+64.5%$88/sqft
        Source: Owner Report a problem
        2/4/2025Sold$240,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,686 +7.4%$206,300 +8.3%
        2024$3,433 -10.4%$190,500 -3.7%
        2023$3,831 +5%$197,800 -3.1%
        2022$3,648 +7.7%$204,200 +12.3%
        2021$3,386 -20%$181,800 -3.5%
        2020$4,232 -10.3%$188,400 -3.5%
        2018$4,720 +1.2%$195,230
        2017$4,665 -1.2%$195,230 +8.9%
        2016$4,720 +18.7%$179,313
        2015$3,977 -1.6%$179,313
        2014$4,040 +1.6%$179,313 -2.1%
        2013$3,978 $183,191
        2012$3,978 $183,191 +0%
        2011-- $183,190
        2010-- $183,190 +22.2%
        2009$3,082 $149,854
        2008-- $149,854 +7.5%
        2007-- $139,382

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 57030

          Getting around

          27 / 100
          Car-Dependent
          27 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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