1008 W 4th St, Garretson, SD, 57030
About This Home
Turnkey Triplex Investment Opportunity – Strong Cash Flow & Proven Rental History Don’t miss this exceptional opportunity to own a well-performing triplex with consistent income and long-term stability. This property generates $3,200/month in rental income and has maintained a 100% occupancy rate since 2020, making it a reliable addition to any investor’s portfolio. The building features three separate units, including: One spacious 3-bedroom, 1.5-bath unit with an attached garage Two well-sized 2-bedroom, 1 bath units Each unit is equipped with separate utilities, minimizing owner expenses and maximizing net returns. The property has a strong rental history with long-term tenants, reflecting both tenant satisfaction and solid management. With its steady cash flow, low vacancy history, and practical unit mix, this property is ideal for both seasoned investors and those looking to get started in real estate investing. Highlights: $3,200/month gross rental income 100% occupancy since 2020 Separate utilities for each unit Long-term tenant base Desirable unit mix with garage for added value Add this income-producing property to your portfolio and start earning from day one!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1973
Type & Style
- Home type: MultiFamily
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Interior Area
- Total interior livable area: 5,000 sqft
Property
Lot
- Lot size: 0.35 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Winter Weather
- Drought
- Heat Wave
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Minnehaha County and South Dakota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance | $195 | $2,340 |
| Property Taxes | $353 | $4,236 |
| Electricity | $381 | $4,583 |
| Total | $2,951 | $35,412 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-30 | Listed for sale | $400,000 |
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