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Two-Story Triplex
New
For Sale
$275,000

201 N 1st Street, Aberdeen, SD 57401

Multi-Family, Aberdeen, SD

Property SizeContact for details
Lot Size0.16 Acres
Days on Market6

Property Features for 201 N 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Aberdeen - City
Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 6 BK 14 NORTH ABDN ADD
Tax Annual Amount 2298
Legal Description LT 6 BK 14 NORTH ABDN ADD

Building Details

Year built 1919
Listing Agency: JARK REAL ESTATE
Listed By: Hillary Goff · License #19886
Added: Sep 30 Last Checked: Oct 5 at 12:06PM
MLS# 26-687

Copyright © 2026 Aberdeen Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1919, this two-story triplex has apartments on both the first and second floors. New carpet has been installed throughout those apartments. The property is currently tenant-occupied and includes coin-operated laundry and off-street parking.

The parcel measures 0.16 acres in Aberdeen, South Dakota.

Key Highlights

  • Three‑unit residential property with two stories
  • New carpet throughout the first- and second‑floor apartments
  • Coin‑operated laundry on site

Property Analytics

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Current Use

Wells Fargo Private ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Building Supply Garden Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,250
Businesses Nearby

Demographics for 57401, SD

32,275
Population
15,016
Households
2.1
Avg Household Size
37
Median Age
35%
College-Educated
93%
High-School Grad
278.8 sq mi
ZIP Area
116
Density / Sq Mi
$68,183
Median Household Income
$40,562
Median Earnings
$787
Median Rent
$216,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Residents have access to coin-operated laundry and off-street parking.
Where is this triplex located?
The property is located at 201 N 1st Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three‑unit residential property with two stories; New carpet throughout the first- and second‑floor apartments; Coin‑operated laundry on site
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