$319,000
SOLD APR 30, 2025

308 8th Ave SE Aberdeen, SD 57401

-- Bed
-- Bath
-- Sq Ft
7,492 Sq Ft Lot

Recently Sold

4% Below List Price

7 Days on Market

About This Home

As of April 2025

5-plex with 4 stall detached garage! Well maintained and charming multi family property with 99% occupancy in the trailing 12 months! $4,100 in monthly revenue. Begin your investment journey by living in one unit and renting out the remaining 4 units, or add to your portfolio and rent out all 5 units. Don't miss your opportunity at a great cash flowing property. Boiler new in 2023!

Last Agent to Sell the Property

Danelle McMaster

Dakota Plains Real Estate & Development License #13173 Listed on: 03/19/2025

Last Buyer's Agent

Ashton Davis

Jency Realty Company License #20519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,588

Year Built

1910

Lot Details

0

Listing Details

  • Listing Member Name: Danelle McMaster
  • Listing Office Short Id: LuRe
  • Open House Office I D: 20210625225333596611000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: davis
  • Selling Office Short Id: jam
  • Street Sfx: Avenue
  • Misc Expense: 129.50
  • Building Style: 2+ Story
  • Total Operating Exp: 8609.34
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flood Plain: No

Garage/Parking

  • Garage Stall: 4
  • Garage Type: Detached

Utilities

  • Annual Garbage Expense: 477.84

Fee Information

  • Taxes: 3808.00

Lot Info

  • Lot Size: 60 x 125

Tax Info

  • Tax Year: 2024

Multi Family

  • Advertising Expense: 39.99
  • Gas Expense: 3,626.25
  • Insurance Expense: 2,687.50
  • Maintenance Expense: 1,648.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2006
Sold by
Johnson Joan L
Bought by
Lorenz James K and Lorenz Joann L
Current Estimated Value
$265,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
6.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $33,000 Future Advance Clause Open End Mortgage
Open $132,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $319,000 -4.5% --
03/27/2025 03/27/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $334,000 +32.0% --
05/25/2023 05/25/23 Sold $253,000 -15.7% --
04/16/2023 04/16/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $300,000 -14.0% --
01/26/2023 01/26/23 For Sale $349,000 -- --
Source: Aberdeen Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,588 $191,945 $15,000 $176,945
2023 $3,099 $184,362 $15,000 $169,362
2022 $3,026 $154,028 $15,000 $139,028
2021 $1,519 $146,445 $15,000 $131,445
2020 $3,088 $145,554 $15,000 $130,554
2019 $3,121 $145,554 $15,000 $130,554
2018 $3,006 $148,800 $14,100 $134,700
2017 -- $148,800 $14,100 $134,700
2016 -- $145,420 $10,720 $134,700
2015 -- $145,420 $10,720 $134,700
2014 -- $145,420 $10,720 $134,700
2011 -- $137,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danelle McMaster

    Seller's Agent in 2025

    Danelle McMaster

    Dakota Plains Real Estate & Development

    (605) 228-5494

    11 Total Sales

    Danelle McMaster
    Section Image
  • Ashton Davis

    Buyer's Agent in 2025

    Ashton Davis

    Jency Realty Company

    (605) 228-1067

    164 Total Sales

    Ashton Davis
    Section Image
  • Nancy Jark

    Seller's Agent in 2023

    Nancy Jark

    JARK REAL ESTATE

    (605) 380-2228

    182 Total Sales

    Nancy Jark
    Section Image
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Map

Source: Aberdeen Area Association of REALTORS®

MLS Number: 25-165

APN: 13532

South Dakota Brown County Aberdeen 57401

308 8th Ave SE, Aberdeen, SD

This home is located at 308 8th Ave SE, Aberdeen, SD 57401 and is currently priced at $319,000. This property was built in 1910. 308 8th Ave SE is a home located in Brown County with nearby schools including May Overby Elementary School, Simmons Middle School, and Central High School.

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