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

706 S 9th Street, Aberdeen, SD 57401

MULTI_FAMILY - Aberdeen, SD

Property SizeContact for details
Lot Size0.14 Acres
Days on Market49

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

Amenities

storage shed

Building Details

Year built 1910
Listing Agency: The Experience Real Estate
Listed By: Julie Fischbach
Added: Jul 2 Changed: Aug 18 Last Checked: Aug 19 at 8:06PM
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 Aberdeen property contains four rental units and is occupied by long-term tenants. The building dates to 1910 and sits on a 0.14-acre lot at 706 S 9th Street. Established occupancy and rental history are part of the current operating profile.

Two furnaces were installed in December 2023, updating the property’s mechanical systems. A storage shed in the backyard adds space for maintenance equipment or tenant use.

Key Highlights

  • Four income‑producing rental units
  • Long‑term tenants currently in place
  • Two furnaces installed in December 2023

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

Location Intelligence

Trade Area within ½ mile

283
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two furnaces were installed in December 2023, and a backyard shed provides additional storage.
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: Four income‑producing rental units; Long‑term tenants currently in place; Two furnaces installed in December 2023
More about this property
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