706 S 9th St Aberdeen, SD 57401
Estimated payment $1,206/month
About This Home
Investment Opportunity - Established 4-Unit Multifamily Property
Looking to expand your investment portfolio? This well-maintained 4-unit multifamily property offers immediate income potential with long-term tenants already in place. Recent updates include two brand-new furnaces installed in December 2023, providing added value and peace of mind for years to come.
Additional features include a storage shed located in the backyard, offering convenient extra storage for maintenance equipment or tenant use. With a solid rental history, established occupancy, and key mechanical updates already completed, this property is an excellent opportunity for both seasoned investors and those looking to enter the multifamily market.
Property Highlights:
• 4 income-producing rental units " Two new furnaces (December 2023)
" Backyard storage shed
" Strong investment potential
" Opportunity for immediate cash flow Don't miss your chance to own a turnkey multifamily property with dependable rental income and valuable recent improvements. Schedule your showing today! Need 24 hour notice for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,833
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 43x142
Interior Spaces
- 3-Story Property
- Furnished
Utilities
- Cooling System Mounted To A Wall/Window
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $14,334
- Gross Income $18,805
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,833 | $96,359 | $13,739 | $82,620 |
| 2024 | $1,787 | $89,195 | $12,212 | $76,983 |
| 2023 | $1,557 | $85,896 | $12,212 | $73,684 |
| 2022 | $1,527 | $72,699 | $12,212 | $60,487 |
| 2021 | $1,537 | $69,400 | $12,212 | $57,188 |
| 2020 | $1,521 | $69,156 | $12,212 | $56,944 |
| 2019 | $1,479 | $69,156 | $12,212 | $56,944 |
| 2018 | $1,422 | $65,990 | $10,750 | $55,240 |
| 2017 | -- | $65,990 | $10,750 | $55,240 |
| 2016 | -- | $65,990 | $10,750 | $55,240 |
| 2015 | -- | $65,990 | $10,750 | $55,240 |
| 2014 | -- | $65,990 | $10,750 | $55,240 |
| 2011 | -- | $56,695 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2026 06/12/26 | For Sale | $195,000 | -- | -- |
Source: Aberdeen Area Association of REALTORS®
MLS Number: 26-407
APN: 15539
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Ask me questions while you tour the home.