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Renovated Multi-Family Property in Custer
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437 Montgomery St, Custer, SD 57730

Thirteen-unit property near downtown Custer with renovation and furnished units.

Property SizeContact for details
Days on Market166

Property Features for 437 Montgomery St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1989
Buildings 3
Stories 2
Units 13
Listing Agency: Bender Commercial
Listed By: Alex Soundy · License #SD 18022
Source: Crexi
Added: Feb 26 Changed: Aug 10 Last Checked: Aug 9 at 2:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bender Commercial

Investment Insights

Based on property information with market context.

This multi-family property features thirteen units located in Custer, South Dakota, near downtown. The property consists of three buildings: two four-plexes and one five-plex. Significant capital improvements have been made, including updated plumbing, electrical systems, roofs, windows, and parking lot. The interiors have been completely renovated with new appliances, flooring, and fixtures. Four units are fully furnished and could be used as overnight rentals to increase revenue. The location provides convenient access to the Mickelson Trail, dining options, city parks, and Custer State Park.

Key Highlights

  • Completely renovated with updated plumbing, electrical, roofs, windows, parking lot and all new interiors including appliances, flooring and fixtures.
  • Excellent location near downtown Custer.
  • 13‑unit multi‑family property with a mix of 4‑plexes and a 5‑plex.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Carpet & Flooring Store

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

473
Businesses Nearby

Demographics for 57730, SD

5,219
Population
3,328
Households
1.6
Avg Household Size
57
Median Age
35%
College-Educated
95%
High-School Grad
516.2 sq mi
ZIP Area
10
Density / Sq Mi
$81,911
Median Household Income
$41,231
Median Earnings
$1,070
Median Rent
$324,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Thirteen-unit property near downtown Custer with renovation and furnished units.
Where is this apartment building located?
The property is located at 437 Montgomery St Custer, SD.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Completely renovated with updated plumbing, electrical, roofs, windows, parking lot and all new interiors including appliances, flooring and fixtures.; Excellent location near downtown Custer.; 13‑unit multi‑family property with a mix of 4‑plexes and a 5‑plex.
(605) 681-8351 Call to check price and availability
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