604 1st Ave, Brookings, SD, 57006
About This Home
Investors, this is what it sounds like when cash flows! This fourplex at 604 1st Avenue offers four spacious units, each featuring three bedrooms and one bathroom. Three of the four units have been updated, and new exterior siding is scheduled to be installed later this summer. Each unit currently rents for $900 per month, generating a total gross rental income of $3,600 per month. Continue renting all four units, or live in one while collecting income from the remaining three. Whether you're expanding your portfolio, exploring an owner-occupied investment, or purchasing your first multifamily property!
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1976
Type & Style
- Home type: SingleFamily
- Architectural style: Multi-Unit
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Interior Area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Features
- Stories: 1
Lot
- Lot size: 0.45 Acres
- Lot size dimensions: 100 x 194
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
- Winter Weather
- Cold Wave
- Ice Storm
- Strong Wind
- Tornado
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Brookings 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 | $2,781 | $33,372 |
| Home Insurance | $400 | $4,800 |
| Property Taxes | $508 | $6,096 |
| Electricity | $146 | $1,755 |
| Total | $3,835 | $46,020 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $550,000 |
View on Zillow