$390,000
$390,000
For more information regarding the value of a property, please contact us for a free consultation.
7,960 SqFt
SOLD DATE : 12/23/2021
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,960 sqft
Price per Sqft $48
Subdivision Valley Springs City
MLS Listing ID 22105509
Sold Date 12/23/21
Year Built 1938
Lot Size 1.965 Acres
Property Sub-Type Other
Property Description
Great investment opportunity that won't last long. This 9-plex is located in Valley Spring on the edge of town on a large lot with a lot of potential with the extra space. 8% cap rate with rents that haven't been raised in years. Property is very well taken care of and has had many updates to the property, including many new egress windows, drain tile, deck, water heaters, new exterior and interior paint, and many other updates that you will just have to come check out. Vacancy rates are very low in the city of Valley Springs.
Location
State SD
County Minnehaha
Area Sf70
Interior
Heating Propane
Flooring Carpet, Laminate, Tile, Vinyl
Exterior
Exterior Feature Stucco/Drivit
Roof Type Shingle Composition
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Valley Springs Es
Middle Schools Brandon Valley Ms
High Schools Brandon Valley Hs
School District Brandon Valley 49-2
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Bought with Non-Member Sales
Nearby Locations
GET MORE INFORMATION
REALTOR® | Lic# SD: 17872 | MN: 41027715