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    OFF-MARKET
    Residential income homes

    907 9Th Ave, Aberdeen, SD 57401

    0.14 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a well-maintained duplex located at 907 9th Ave SW in Aberdeen, South Dakota, 57401. The property sits on a 0.14-acre lot and boasts two units, currently operating at 100% occupancy, generating a substantial net operating income (NOI) of $13,717. Each unit is priced at $109,500, contributing to the overall asking price of $219,000. The property features individual furnaces and gas water heaters for each unit, ensuring efficient utility management. Tenants are responsible for their own gas and electric expenses. Detailed rent rolls are available for review upon presentation of pre-approval documentation. This duplex represents a compelling investment prospect with a strong track record of profitability and a desirable location in Aberdeen, Brown County. The property's high occupancy rate and manageable expenses make it an attractive option for investors seeking a stable and lucrative return. Contact us today to schedule a showing and explore this promising investment opportunity further.

    Property profile
    Verified
    Property type Residential income homes
    Lot 0.14 ac (6,098 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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