Listing provided courtesy of Keller Williams Realty Sioux FallsMLS# 22604818MLS ProviderContact Information: [email protected]
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Are you looking for a well cared for real estate investment? This five unit complex is for you. It is a fourplex unit with an additional single family unit right next to it. The spacious units all have been updated recently and all of the units have attached garages with their own utilities. The single family unit was just completed in 2021 and the 4 plex has new siding, new furnaces and central air in each unit, new flooring and paint, new concrete driveway and a steel roof. Each of the units in the 4 plex have 2 bedrooms, 1 bath and laundry hookups in each bathroom. The kitchens are very large, compared to most rental units with lots of cupboards and counter space. The master bedrooms have his and hers closets. There is a ton of storage in each unit and lots of windows for natural light. It also has its' own separate entrance with garage access to make it feel like your own home instead of communal living. The single family unit has 1152 square feet of living space and is slab on grade construction, so there aren't any steps. There are 2 bedrooms with a master suite including a bath with a 4' shower and huge walk-in closet. There is also the main bath with tub/shower combination. The living area flows from the living room to the dining room to the kitchen, that has an abundance of cabinets and stainless steel appliances. The laundry/mudroom is right of the kitchen and gives easy access to the double garage that is attached. You won't believe that you are in a rental once you are inside this home. The property is broker owned and has been since 2016. This is the perfect property to start your rental portfolio or add to what you already own.

Source: Realtors Association of the Sioux Empire, INC, MLS#: 22604818

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  • Property Type
    Residential Income
  • Lot
    0.43 acres

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Pamela Hoefert

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 502 E 4th St


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: Realtors Association of the Sioux Empire, INC Added to Database
June 29, 2026