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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

513 4th Ave, Brandon, SD 57005

Mixed unit layouts, month-to-month leases, off-street parking, and a double garage support flexible ownership options.

Property SizeContact for details
Days on Market143

Property Features for 513 4th Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 6
Listing Agency: Better Homes and Gardens Real Estate Beyond
Listed By: Matthew Wallum · License #20509
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:55PM

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 Better Homes and Gardens Real Estate Beyond

Investment Insights

Based on property information with market context.

This six-unit apartment property includes four two-bedroom, one-bath units, one one-bedroom, one-bath unit, and one studio. Five units are rented, and most leases are month to month. The interiors are well kept, while off-street tenant parking serves the building. An extra-large double garage adds additional functional space and may be rented separately.

The property is located at 513 4th Ave in Brandon, SD 57005. Its combination of varied apartment layouts, current occupancy, flexible lease terms, parking, and garage space creates a straightforward multifamily configuration for continued rental use or other ownership plans supported by the property’s existing layout.

Key Highlights

  • Six‑unit apartment property with four two‑bedroom, one‑bath units, one one‑bedroom, one‑bath unit, and one studio
  • Five of six units are rented
  • Most unit leases are month to month

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Bakery Plumbing Service (Bike/Boat/Book/etc) 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 57005, SD

12,619
Population
4,693
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
97%
High-School Grad
48.9 sq mi
ZIP Area
258
Density / Sq Mi
$108,689
Median Household Income
$53,429
Median Earnings
$985
Median Rent
$322,600
Median Home Value

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?
Apartment building - Mixed unit layouts, month-to-month leases, off-street parking, and a double garage support flexible ownership options.
Where is this apartment building located?
The property is located at 513 4th Ave Brandon, SD.
What are key features of this property?
This property features: Six‑unit apartment property with four two‑bedroom, one‑bath units, one one‑bedroom, one‑bath unit, and one studio; Five of six units are rented; Most unit leases are month to month
More about this property
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