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Edgemont, SD 57735 901 4th Avenue

901 4th Avenue Edgemont, SD - Image 1901 4th Avenue Edgemont, SD - Image 2901 4th Avenue Edgemont, SD - Image 3
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Presented By: Superior Property Management, LLC
  • MLS# 85404
  • 07/23/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 8
  • SQFT • 6,256

Home Details

Rare opportunity to acquire an 8-unit multifamily property in Edgemont, fully composed of spacious 2-bed/1-bath apartments averaging over 780 sq ft each. The building totals 6,256 sq ft on a large 0.80-acre lot, offering both scale and potential for future expansion. Current occupancy is strong, with proven rental demand in the market. Several units have been updated, and all are individually metered for electric with separate water heaters. Current rents are below market, providing immediate upside for a new owner to raise income through modest updates and rent adjustments. Tenants are responsible for their own electric; owner covers water/sewer, taxes, and insurance. Ample parking is included on site. This property may be purchased individually or as a package with the neighboring 4-plex at 701 5th Ave, creating a rare 12-unit investment opportunity in a stable rental market.
Presented By: Superior Property Management, LLC

Interior Features for 901 4th Avenue

Other Interior Features

# of Units8

General for 901 4th Avenue

Agent First NameChristy
Agent Last NameLontine
AreaEdgemont
Auction Y/NNo
CityEdgemont
ClassMULTI-FAMILY
ConstructionFrame, Block
CoolingWall Evap.
CovenantsNo
DirectionsFrom US-18 (A Street), turn onto 4th Avenue. Property is located several blocks down on the left at 901 4th Ave.
HeatingElectric
Listing Agent2362
MiscellaneousSeparate Meters, Individual Water Heaters, Electric
ParkingCommon
Pets Allowed (Y/N)Yes
Rent Income47, 100/yr
RoofComposition
Sale/RentFor Sale
School DistrictEdgemont
Short SaleNo
StatusActive
StatusACTIVE
Status Detail0
StyleUp & Down
SubdivisionEdgemont
SystemsBreaker
TypeOther
Year Built1978

Exterior for 901 4th Avenue

SidingWood Siding

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $875,000
MLS#85404
List Date 07/23/2025
Property Type Multi-Family
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