1207 1St St Aberdeen, SD 57401
This exceptional investment opportunity presents a charming two-unit duplex located at 1207 S 1st St, Aberdeen, SD 57401, in Brown County. Built in 1925, this property boasts a 9.47% capitalization rate and a current Net Operating Income (NOI) of $12,297, making it an attractive addition to any portfolio. Currently operating at 100% occupancy, each unit is priced at $64,950, with an overall asking price of $129,900. The property features hardwood flooring, adding to its classic appeal. This duplex presents a unique opportunity for investors seeking immediate cash flow and potential for future appreciation. The property's location in Aberdeen, South Dakota offers a stable rental market. This is a turnkey investment ready for immediate income generation. The property's strong performance metrics and desirable features make it an ideal choice for both seasoned and new investors looking to expand their real estate holdings. Don't miss this chance to acquire a well-maintained, high-performing multifamily property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.