1423 S 1st Street, Aberdeen, SD 57401
Local realty services provided by:CENTURY 21 Northern Advantage Real Estate
1423 S 1st Street,Aberdeen, SD 57401
$314,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jamie forrest, non member
Office: exp realty
MLS#:26-148
Source:SD_AAAR
Price summary
- Price:$314,900
About this home
Prime Investment Opportunity! Turnkey 5-Unit Multi-Family Building. This well-maintained 5-plex offers a rare combination of stability and value-add potential for the savvy investor. Located in a high-demand rental market, the property consists of five uniform units, each featuring a functional 1-bedroom, 1-bathroom layout.
A standout feature of this property is the inclusion of private garage space for every unit--a highly sought-after amenity that significantly boosts tenant retention and commands premium rental rates.
The current ownership has invested significantly in the property's infrastructure and aesthetics, ensuring a smoother transition for the next buyer. The property has undergone significant improvements to ensure long-term durability and immediate tenant appeal. Exterior maintenance was prioritized with the installation of brand-new gutters to protect the foundation and manage drainage effectively. Inside, the units have been revitalized through a comprehensive freshening up, including updated cabinetry and modern flooring in several apartments. Plumbing reliability was also a focus, with new kitchen faucets installed throughout the building and all drains professionally snaked to ensure peak performance. Fire extinguishers all updated and checked as well. Zero vacancies since current owner as owned. Seller is a licensed real estate agent....
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Home facts
- Year built:1940
- Listing ID #:26-148
- Added:49 day(s) ago
- Updated:May 06, 2026 at 02:50 PM
Structure and exterior
- Year built:1940
- Lot area:0.31 Acres
Finances and disclosures
- Price:$314,900
- Tax amount:$3,943
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