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.
For sale
$985,000
901 4th Ave, Edgemont, SD 57735
--beds
--baths
3,128sqft
Est.:
Multi Family
Built in 1978
-- sqft lot
$977,700 Zestimate®
$315/sqft
$-- HOA
What's special
Nearly an acre
- 4 days
- on Zillow |
- 22 |
- 1 |
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#: 85404

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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