Here's an opportunity you don't want to overlook! This 4 bed, 2 bath licensed duplex near the SDSU campus is ready for its next investor and ready to start producing income again. The leases recently ended in July 2026, and when fully occupied, this property brought in $2,250/month. The roof was replaced in 2023, the oversized detached garage is already divided with one stall per unit, and there have been plenty of updates throughout, including fresh paint and new flooring. Both units offer spacious living areas and good-sized bedrooms, with the main/lower-level unit featuring a full bath and the upper unit offering a large primary bedroom, second bedroom, living space, and ¾ bath. Whether you're adding to your portfolio or looking for your first investment property, this one is worth a look!
For sale
Price cut: $5K (9/28)
$244,900
1309 4th St, Brookings, SD 57006
4beds
2,265sqft
Duplex, Single Family Residence
Built in 1929
-- sqft lot
$240,100 Zestimate®
$108/sqft
$-- HOA
What's special
Fresh paintNew flooringPlenty of updates throughoutGood-sized bedroomsLarge primary bedroom
- 52 days
- 423
- 22
Zillow last checked:
Listing updated:
Listed by:
Jacob Gerber,
SoDak Realty
Source: East Central South Dakota BOR,MLS#: 26-534
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Interior area
- Total structure area: 2,265
- Total interior livable area: 2,265 sqft
Property
Features
- Stories: 2
Lot
- Size: 8,250 Square Feet
- Dimensions: 50 x 165
Details
- Parcel number: 405050010002400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
Condition
- Year built: 1929
Community & HOA
Location
- Region: Brookings
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $176,200
- Annual tax amount: $2,920
- Date on market: 8/14/2026
Estimated market value
$240,100
$228,000 - $252,000
$1,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $244,900-2%$108/sqft |
Source: East Central South Dakota BOR #26-534 Report a problem | ||
| 8/14/2026 | Listed for sale | $249,900+72.5%$110/sqft |
Source: East Central South Dakota BOR #26-534 Report a problem | ||
| 12/27/2021 | Listing removed | -- |
Source: Local MLS Report a problem | ||
| 11/12/2021 | Pending sale | $144,900$64/sqft |
Source: Local MLS #21-688 Report a problem | ||
| 11/8/2021 | Price change | $144,900-3.3%$64/sqft |
Source: Local MLS #21-688 Report a problem | ||
| 10/25/2021 | Price change | $149,900-4.8%$66/sqft |
Source: Local MLS #21-688 Report a problem | ||
| 10/4/2021 | Listed for sale | $157,500$70/sqft |
Source: Local MLS #21-688 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,747 -4.4% | $176,200 +10.7% |
| 2024 | $2,874 +1.3% | $159,200 +2.8% |
| 2023 | $2,837 +14.6% | $154,900 +3.5% |
| 2022 | $2,476 -12.1% | $149,600 +9.4% |
| 2021 | $2,818 +0.9% | $136,800 -9.6% |
| 2020 | $2,794 -0.4% | $151,300 |
| 2019 | $2,804 +8.2% | $151,300 |
| 2018 | $2,591 -3.6% | $151,300 +9.7% |
| 2017 | $2,687 +4% | $137,900 |
| 2016 | $2,584 | $137,900 +12.4% |
| 2010 | $2,584 | $122,700 |
Find assessor info on the county website
Monthly payment
Est. payment





