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Two-Unit Duplex with Large Main Floor
For Sale
$174,000

514 4th Avenue, Aberdeen, SD 57401

Multi-Family, Aberdeen, SD

Property SizeContact for details
Lot Size0.11 Acres
Days on Market56

Property Features for 514 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Aberdeen - City
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 1 PAUL FISHER ADD (W 50' LT 1-4 BK 32 HAGERTY & LLOYD ADD)
Tax Annual Amount 1773
Legal Description LT 1 PAUL FISHER ADD (W 50' LT 1-4 BK 32 HAGERTY & LLOYD ADD)

Building Details

Year built 1906
Listing Agency: Century 21 Northern Advantage
Listed By: Ashton Davis · License #SD20519
Added: Aug 11 Changed: Sep 8 Last Checked: Oct 5 at 11:06AM
MLS# 26-548

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.

This duplex in Aberdeen includes two residential units arranged across the main and upper levels. The main-floor residence is described as large, while the second unit occupies the upstairs portion of the property. Built in 1906, the building sits on a 0.11-acre lot at 514 4th Avenue. The property is offered for sale and may accommodate an owner-occupant arrangement or continued residential use, subject to the buyer’s plans and applicable requirements. Showings require at least 24 hours’ notice.

Key Highlights

  • Two‑unit duplex with separate main‑floor and upstairs residences
  • Large main‑floor unit
  • Built in 1906

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Tanning Salon Pet 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,048
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
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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?
Duplex - Two-level duplex featuring a spacious main-floor residence and a separate upstairs unit.
Where is this duplex located?
The property is located at 514 4th Avenue Aberdeen, SD.
What is the asking price?
The asking price for this property is $174,000.
What are key features of this property?
This property features: Two‑unit duplex with separate main‑floor and upstairs residences; Large main‑floor unit; Built in 1906
More about this property
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