$775,000

1505 E Cedar St Brandon, SD 57005

Estimated payment $4,697/month

-- Bed
-- Bath
6,728 Sq Ft
$115 Price per Sq Ft

Highlights

  • 0.54 Acre Lot
  • Forced Air Heating System
  • 1-Story Property
  • Brandon Elementary School Rated A
  • Carpet

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.

Listing Agent

David Knudtson

eXp Realty Listed on: 02/26/2026

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1991

Lot Details

  • 0.54 Acre Lot

Home Design

  • Block Foundation
  • Composition Roof

Interior Spaces

  • 6,728 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • Brandon Elementary School
  • Brandon Valley Middle School
  • Brandon Valley High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Oak Park Addn To City Of Brandon Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,456

Year Built

Built in 1991

Lot Details

0.54 Acres

Listing Details

  • Cross Street: S Yellowstone Dr
  • Year Built: 1991
  • Stories: 1
  • Elementary School: Brandon ES
  • High School: Brandon Valley HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.5373
  • Lot Size: 65 –85 –62 –177 -120 –63 -78
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 761522171
  • Subdivision Name: Oak Park Addn to City of Brandon
  • Directions: From Hwy 11 turn East on Cedar St, South on S yellowstone Dr, SW into cul-de-sak Cedar Cir.
  • Living Area: 6728.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Disposal, Microwave
  • Basement: Full
  • Owner Pays: Grounds Care, Snow Removal
  • Entry Location: Private
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public, Separate Meters

Schools

  • Junior High Dist: BrandonVal
  • Middle Or Junior School: Brandon Valley MS

Lot Info

  • Lot Size Sq Ft: 23405.0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8455.92

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 For Sale $775,000 -- $115 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22601262

REALTOR® Association of the Sioux Empire
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