$695,000

502 E 4th St Canton, SD 57013

Estimated payment $4,574/month

Total Views 280
10 Beds
6 Baths
5,472 Sq Ft
$127 Price per Sq Ft

Highlights

  • Very Popular Property
  • Storage
  • Open Floorplan
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

Are you looking for a well cared for real estate investment? This one is for you. It is a fourplex unit with an additional single family unit right next to it. The spacious units all have been updated recently and all of the units have attached garages with their own utilities. The single family unit was just completed in 2021 and the 4 plex has new siding, new furnaces and central air in each unit, new flooring and paint, new concrete driveway and a steel roof. Each of the units in the 4 plex have 2 bedrooms, 1 bath and laundry hookups in each bathroom. The kitchens are very large, compared to most rental units with lots of cupboards and counter space. The master bathrooms have his and hers closets. There is a ton of storage in each unit and lots of windows for natural light. It also has its' own separate entrance with garage access to make it feel like your own home instead of communal living. The single family unit has 1152 square feet of living space and is slab on grade construction, so there aren't any steps. There are 2 bedrooms with a master suite including a bath with a 4' shower and huge walk-in closet. There is also the main bath with tub/shower combination. The living area flows from the living room to the dining room to the kitchen, that has an abundance of cabinets and stainless steel appliances. The laundry/mudroom is right of the kitchen and gives easy access to the double garage that is attached. You won't believe that you are in a rental once you are inside this home. The property is broker owned and has been 2016. This is the perfect property to start your rental portfolio or add to what you already own.

Listing Agent

John Schutte

Keller Williams Realty Sioux Falls

Keller Williams Realty Sioux Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,212

Year Built

  • Built in 1994

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 150x124

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Hardboard

Interior Spaces

  • 5,472 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Open Floorplan
  • Storage
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

  • Lawrence Elementary School - Canton School District 41-1
  • Canton Middle School
  • Canton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 200.14.09.015

Community Details

Overview

  • 5 Units
  • Rudolph Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,212

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Estimated Finished Sq Ft: 5472
  • Cross Street: Kimball Ave.
  • Inside City Limits: Yes
  • Legal Description: Lots 13, 14 & 15 - Block 9, Rudolph's Addn to Canton
  • Year Built: 1994
  • Misc Info: Separate Meters, Pet Restrictions, Individual Water Heater, Individual Heat and Air, Dead Bolt
  • Suffix: Street
  • Directions To Property: From the stop light in Canton, one block east and one block north
  • Elementary School: Lawrence Elementary School - Canton School District 41-1
  • Geo Longitude: -96.5871735183716
  • High School: Canton HS
  • Middle School: Canton MS
  • School District: Canton 41-1
  • Subdivision: Rudolph
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors: Carpet, Vinyl
  • Entrance: Private
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, All Units
  • Basement: Full
  • Price Per Sq Ft: 127.01
  • Number Of Stories: 2

Exterior Features

  • Exterior: Part Brick, Hard Board
  • Foundation: Block

Garage/Parking

  • Parking: Garage Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector

Condo/Co-op/Association

  • Unit Features: Carpets, Window Covering, Wash/Dry Hookups, Extra Storage, Living/Dining Rm, Kitchen/Dining Rm, All Units

Schools

  • School District: Canton 41-1
  • Elementary School: Lawrence Elementary School - Canton School District 41-1
  • Middle School: Canton MS
  • High School: Canton HS

Lot Info

  • Acres: 0.427
  • Geo Subdivision: SD
  • Lot Dimensions: 150X124
  • Lot Size Sq Ft: 18600

Rental Info

  • Type of Tenancy: Month to month, One Year Lease
  • Utility Included in Rent: Trash Collection

Tax Info

  • Assessor Parcel Number: 200.14.09.015
  • Taxes: 8212.18

Multi Family

  • Bathrooms Per Unit: 1
  • Bathrooms Varies By Unit: Yes
  • Bedrooms Per Unit: 2
  • Total Units: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,212 $568,036 $37,200 $530,836
2023 $9,435 $643,695 $37,200 $606,495
2022 $8,389 $598,290 $37,200 $561,090
2021 $8,527 $407,989 $37,200 $370,789
2020 $8,527 $408,010 $37,200 $370,810
2019 $7,330 $350,109 $14,400 $335,709
2018 $7,271 $350,109 $0 $0
2017 $6,881 $319,039 $0 $0
2016 $6,425 $305,253 $0 $0
2015 $5,960 $269,288 $0 $0
2014 $5,960 $269,288 $0 $0
2013 -- $269,288 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $695,000 -- $127 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22503972

REALTOR® Association of the Sioux Empire

APN: 200.14.09.015