#173909, PATTY SCHULTZ, Listing office: HEARTLAND REAL ESTATE
Property details
About 901 4th Ave
Well-maintained 8-unit multifamily property offering strong cash flow and long-term tenants. Each unit features 2 bedrooms and 1 bathroom, with most units recently updated. The property sits on nearly an acre and was previously home to two 8-plex buildings—currently, one side features a playground, but the lot holds potential for future development or expansion to increase rental income. Leases in place with staggered expirations: two units end 10/2025, one in 01/2026, and one in 03/2026, ensuring steady occupancy. Would consider a package deal with neighboring property at 701 5th Ave—a perfect opportunity to expand your investment portfolio in a stable rental market.
Highlights
Home typeMulti Family
HeatingElectric
StatusActive
(ACTIVE)
(ACTIVE)
CoolingEvaporative Cooling
Size3,128 sqft
Year built1978
MLS #85404
Summary
- Architectural Style: Up & Down
- Heating: Electric
- Cooling: Evaporative Cooling
- List Price: $985,000
- Price/SqFt: $314
- Annual Tax Amount: $4,622
- Tax Year: 2023
- Directions: From US-18 (A Street), turn onto 4th Avenue. Property is located several blocks down on the left at 901 4th Ave.
- Year Built: 1978
- Living Area: 3,128 SqFt
- MLS Number: 85404
- Office Name: Superior Property Management, LLC
- Office Phone: (307) 622-9559
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 10:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $208,806 | $4,622 |
| 2022 | $188,520 | $3,411 |
| 2021 | $121,360 | $3,421 |
| 2020 | $119,420 | $342 |
| 2019 | $119,420 | $4,384 |
| 2018 | $124,500 | $- |
| 2017 | $119,050 | $- |
History based on county public records data.
Nearby schools
4
Hot Springs Elementary - 02
Public District PK-5
19.6 mi
•240 N 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,750. Typical income of Edgemont, SD residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
38%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Cadillac
Oldsmobile
What do the neighbors listen to?
Classic Country
Oldies- Country
All data provided by Home Junction and Claritas
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#85403, Listing office: Superior Property Management, LLC
Frequently asked questions
About 901 4th Ave
The listing price of 901 4th Ave property is $985,000.
The property 901 4th Ave is a multi located in Edgemont, South Dakota, 57735.
Active Listing: 901 4th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 901 4th Ave are: Hot Springs Elementary - 02 (GreatSchools Rating 4/10), Edgemont Elementary - 03 (GreatSchools Rating 4/10), Hot Springs Middle School - 06 (GreatSchools Rating 6/10), Hot Springs High School - 01 (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $4,622 (source: MLS/based on county public records data).
The property 901 4th Ave is 3,128 SqFt (source: MLS/tax record).
The year of construction for 901 4th Ave is 1978.
This home is located at 901 4th Ave in Edgemont, SD and zip code 57735. This 3,128 square foot home was built in 1978. Features: 0 bathroom. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $985,000.
While more than 0 listings in Edgemont, SD in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between May and June 2025, Edgemont, SD real estate market has seen no change in the number of listings .
From Rocket Homes Real Estate and based on county public records data.