1505 E Cedar Cir, Brandon, SD 57005
Local realty services provided by:CENTURY 21 Advantage
1505 E Cedar Cir,Brandon, SD 57005
$775,000
- - Beds
- - Baths
- 6,728 sq. ft.
- Multi-family
- Active
Listed by: david knudtson
Office: exp realty
MLS#:22601262
Source:SD_RASE
Price summary
- Price:$775,000
- Price per sq. ft.:$115.19
About this home
Stabilized, low-maintenance 4-unit townhome investment opportunity in Brandon. This fully leased property offers four spacious 3BR/2BA units (~1,600 SF each), each with attached single-stall garages and in-unit laundry hookups. All utilities are individually metered and tenant-paid, creating a simple, low-overhead operating structure ideal for investors seeking predictable cash flow.
Major capital improvements have already been completed, including roof replacement (2022), upgraded gutters (2024), HVAC replacement in one unit (2025), and multiple interior flooring upgrades. Property has been maintained with no shared interior hallways or common areas, reducing ongoing maintenance complexity.
Current rent structure reflects stabilized operations rather than speculative projections. Lease terms include scheduled annual increases. Located on a quiet cul-de-sac in the desirable Brandon community with strong demand for three-bedroom rental housing.
Turnkey, income-producing, and positioned for long-term stability ideal for owner-occupant or local investor seeking stabilized cash flow.
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Home facts
- Year built:1991
- Listing ID #:22601262
- Added:4 day(s) ago
- Updated:March 02, 2026 at 05:28 PM
Rooms and interior
- Living area:6,728 sq. ft.
Structure and exterior
- Year built:1991
- Building area:6,728 sq. ft.
- Lot area:0.54 Acres
Schools
- High school:Brandon Valley HS
- Middle school:Brandon Valley MS
- Elementary school:Brandon ES
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$115.19
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