31711 469th Ave, Burbank, SD 57010
31711 469th Ave, Burbank, SD 57010
31711 469th Ave, Burbank, SD 57010
$360,000
Est. payment /mo
$360,000
Est.Price: ?

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4,752 SqFt
SOLD DATE : 03/30/2026

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type Four Plex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $75

Subdivision Other - Outside Jurisdiction

MLS Listing ID 22600726

Year Built 1920

Lot Size 1.000 Acres

Property Sub-Type Four Plex

Property Description

Excellent income-producing opportunity featuring a well-maintained 4-plex (two connected duplexes) situated on a full one-acre lot in a quiet rural setting just minutes from Highway 50. The property offers strong current cash flow of $3,950 per month when fully rented. With a short drive to USD this property has a strong history being fully occupied.
Additional area above the garage is a large unfinished loft, presenting a rare opportunity to possibly add an additional 4 income producing units to this property. The interior needs to be finished as the structure is there. There is room on the property to build additional garages or storage units as well. Opportunities are endless.

The property is surrounded by mature trees, providing privacy and space for outdoor amenities, including a bonfire area. Utilities are 100% tenant-paid, keeping operating expenses low. Three units are leased through May 2026, with one unit available for immediate occupancy or repositioning.

Located approximately five minutes from local conveniences and less than half a mile off Highway 50, this property combines rural charm with accessibility. Ideal for investors seeking a stable asset with value-add potential or an owner-occupant looking for a property that can help pay for itself.

Buyer is expected to conduct due diligence on any future expansion to obtain permits and approval from the proper authorities.

Location

State SD

County Other (out Of Jurisdiction)

Area Other

Interior

Heating Forced Air, Baseboard

Exterior

Exterior Feature Wood

Building

Sewer Septic

Schools

Elementary Schools Jolley Es

Middle Schools Vermillion Ms

High Schools Vermillion Hs

School District Vermillion

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Realtor Association of the Sioux Empire, Inc. (RASE)
LIsted by Keller Williams Realty Sioux Falls • Tim Berberich
Bought with Keller Williams Realty Sioux Falls

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Brandon Martens

Brandon Martens

Broker Owner / REALTOR® / Team Lead | License ID: 12821

+1(605) 261-9673

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