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For sale
  • $985,000

    901 4th Ave, Edgemont, SD 57735

    --beds
    --baths
    3,128sqft
    : 
    Multi Family
    Built in 1978
    -- sqft lot
    $977,700 Zestimate®
    $315/sqft
    $-- HOA

    What's special

    Nearly an acre
    Well-maintained 8-unit multifamily property offering strong cash flow and long-term tenants. Each unit features 2 bedrooms and 1 bathroom, with most units recently updated. The property sits on nearly an acre and was previously home to two 8-plex buildings—currently, one side features a playground, but the lot holds potential for future development or expansion to increase rental income. Leases in place with staggered expirations: two units end 10/2025, one in 01/2026, and one in 03/2026, ensuring steady occupancy. Would consider a package deal with neighboring property at 701 5th Ave—a perfect opportunity to expand your investment portfolio in a stable rental market.
    4 days
    on Zillow
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    22
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 10:08am

    Listed by:

    Christy Lontine,

    Superior Property Management, LLC

    Source: Mount Rushmore Area AOR,MLS#: 85404MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 901 4th Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • Wall Evap.
    Appliances
    • Included: Refrigerator, Electric Range Oven, Microwave, Range Hood
    Features
    • Windows: Window Coverings (All)
    Interior area
    • Total structure area: 3,128
    • Total interior livable area: 3,128 sqft

    Property

    Parking
    • Parking features: Common
    Features
    • Entry location: Community Entrance,More than 1/Apartment
    Lot
    • Size: 0.8 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Frame, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1978

    Utilities & green energy

    • Electric: Breaker

    Community & HOA

    Community
    • Subdivision: Edgemont
    Location
    • Region: Edgemont

    Financial & listing details

    • Price per square foot: $315/sqft
    • Date on market: 7/23/2025
    • Lease term: Month To Month,12 Months,6 Months
    • Total actual rent: 5300
    • Electric utility on property: Yes
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