1505 E Cedar St Brandon, SD 57005
Estimated payment $4,899/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,456
Year Built
- Built in 1991
Lot Details
- 23,405 Sq Ft 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | Pending | -- | -- | -- |
| 04/05/2026 04/05/26 | For Sale | $775,000 | 0.0% | $115 / Sq Ft |
| 03/24/2026 03/24/26 | Pending | -- | -- | -- |
| 02/26/2026 02/26/26 | For Sale | $775,000 | -- | $115 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22601262
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Ask me questions while you tour the home.