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Four-Unit Multifamily Property
For Sale
$195,000
Pending

706 S 9th Street, Aberdeen, SD 57401

MULTI_FAMILY - Aberdeen, SD

Lot Size0.14 Acres
Days on Market31

Property Features for 706 S 9th Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Aberdeen - City
Standard status Pending
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 3 Block 5 Garden Park Addn
Tax Annual Amount 1833
Legal Description Lot 3 Block 5 Garden Park Addn

Building Details

Year built 1910
Listing Agency: The Experience Real Estate
Listed By: Julie Fischbach
Added: Jul 2 Last Checked: Aug 1 at 7:06AM
MLS# 26-407

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 for-sale four-unit multifamily property is set up as four income-producing rental units. The building has been well maintained, with recent mechanical updates including two brand-new furnaces installed in December 2023. Additional on-site storage is available via a storage shed located in the backyard.

The property is located at 706 S 9th Street in Aberdeen, South Dakota, in Brown County. The listing information describes an established rental setup with long-term tenants currently in place.

For buyers looking for a small residential income asset, this configuration offers straightforward operation as a four-unit building with existing occupancy. With two new furnaces already installed and supplemental storage on site, the property may be a practical fit for an investor seeking to add units while having key mechanical work completed as part of the recent updates.

Key Highlights

  • 4‑unit multifamily property with 4 income‑producing rental units
  • Two brand‑new furnaces installed in December 2023
  • Year built: 1910

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Parking Lot & Garage Bakery Garden Center Restaurant

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

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

295
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Well-maintained 4-unit rental property with recent furnace replacements and a backyard storage shed.
Where is this quadplex located?
The property is located at 706 S 9th Street Aberdeen, SD.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 4‑unit multifamily property with 4 income‑producing rental units; Two brand‑new furnaces installed in December 2023; Year built: 1910
More about this property
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