Investment Opportunity - Established 4-Unit Multifamily Property
Looking to expand your investment portfolio? This well-maintained 4-unit multifamily property offers immediate income potential with long-term tenants already in place. Recent updates include two brand-new furnaces installed in December 2023, providing added value and peace of mind for years to come.
Additional features include a storage shed located in the backyard, offering convenient extra storage for maintenance equipment or tenant use. With a solid rental history, established occupancy, and key mechanical updates already completed, this property is an excellent opportunity for both seasoned investors and those looking to enter the multifamily market.
Property Highlights:
• 4 income-producing rental units " Two new furnaces (December 2023)
" Backyard storage shed
" Strong investment potential
" Opportunity for immediate cash flow
Don't miss your chance to own a turnkey multifamily property with dependable rental income and valuable recent improvements. Schedule your showing today!
Need 24 hour notice for showings.
Under contract
$195,000
706 S 9th St, Aberdeen, SD 57401
4beds
4baths
--sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 20 days |
- 477 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Julie Fischbach 605-290-3046,
The Experience Real Estate
Source: Aberdeen MLS,MLS#: 26-407
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Property
Lot
- Size: 6,098 Square Feet
- Dimensions: 43 x 142
Details
- Parcel number: 15539
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1910
Community & HOA
Location
- Region: Aberdeen
Financial & listing details
- Tax assessed value: $96,359
- Annual tax amount: $1,833
- Date on market: 6/12/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,150/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Contingent | $195,000 |
Source: | ||
| 6/12/2026 | Listed for sale | $195,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,825 +2.1% | $96,359 +8% |
| 2024 | $1,787 +14.8% | $89,195 +3.8% |
| 2023 | $1,557 +1.9% | $85,896 +18.2% |
| 2022 | $1,527 -0.6% | $72,699 +4.8% |
| 2021 | $1,537 | $69,400 +0.4% |
| 2020 | -- | $69,156 |
| 2019 | $1,479 | $69,156 +4.8% |
| 2018 | -- | $65,990 |
| 2017 | -- | $65,990 |
| 2016 | -- | $65,990 |
| 2015 | -- | $65,990 |
| 2014 | -- | $65,990 +16.4% |
| 2011 | -- | $56,695 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 57401
Nearby schools
GreatSchools rating
- 4/10Lincoln Elementary - 08Grades: PK-5Distance: 0.2 mi
- 6/10Simmons Middle School - 03Grades: 6-8Distance: 0.6 mi
- 4/10Central High School - 01Grades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Dakota
- Brown County
- Aberdeen
- 57401
- 706 S 9th St




