Fully Leased Eightplex
509 N 5th Street Beresford, SD 57004
For Sale
$700,000
Fully leased two-story eightplex with on-site common area laundry, four garage stalls, and recent exterior renovations.
Property Size7,258 SF
Price / SF$96.45
Days on Market77
Property Features for 509 N 5th Street
General Information
Standard status
Active
Size
7,258 SF
Property subtype
Multi-Family
Building Details
Year Built
1974
Listing Agency:
NAI Sioux Falls
(605) 403-0333
Listed By:
Marcus Benson
Source:
Commercialcafe
Added: May 14
Changed: Jul 21
Last Checked: Jul 22 at 3:25AM
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 NAI Sioux Falls
Investment Insights
Based on property information with market context.
This fully leased eightplex apartment complex includes eight units in a two-story configuration, offering shared common area laundry. The property includes four garage stalls, and it is currently operating at 100% occupancy. Built in 1974, the building has undergone recent renovations including a new roof, exterior paint, new common area flooring, and painted siding.
The complex is located just a mile east of Interstate 29 in a quiet residential area. It is within commuting distance to Sioux Falls and Vermillion, and it is surrounded by a mix of local and national businesses, including Subway, Hot Stuff Pizza, Cream & Sugar coffee shop, and Bertz Sports Bar and Grill, among others.
Owner pays water and sewage, while tenants pay electric.
The complex is located just a mile east of Interstate 29 in a quiet residential area. It is within commuting distance to Sioux Falls and Vermillion, and it is surrounded by a mix of local and national businesses, including Subway, Hot Stuff Pizza, Cream & Sugar coffee shop, and Bertz Sports Bar and Grill, among others.
Owner pays water and sewage, while tenants pay electric.
Key Highlights
- Fully leased eight‑plex (8 units) in a two‑story building totaling 7,258 SF
- 100% occupancy with APOD available; owner reports fully leased status
- Four garage stalls and on‑site common area laundry for residents
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased two-story eightplex with on-site common area laundry, four garage stalls, and recent exterior renovations.
Where is this apartment building located?
The property is located at 509 N 5th Street Beresford, SD.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully leased eight‑plex (8 units) in a two‑story building totaling 7,258 SF; 100% occupancy with APOD available; owner reports fully leased status; Four garage stalls and on‑site common area laundry for residents
