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1008 4th St, Garretson, SD, 57030

--beds
--baths
3,920sqft
$385,000
$98price/sqft
$3,000/moest. monthly cost
$120,000/yrincome needed

About This Home

Don’t miss this fantastic 3-plex investment opportunity offering the perfect blend of strong rental potential and small-town charm! Situated on a beautifully treed lot with no backyard neighbors, this property provides a peaceful setting that tenants will appreciate. Built in 1973, the property has been well maintained and features a new roof installed within the past few years. Unit A is the largest of the three and features 3 bedrooms, 1½ bathrooms, an open-concept living space, and the property’s only attached single-stall garage, making it an especially desirable rental. Units B and C are mirror images of one another, each offering 2 bedrooms, 1 full bathroom, spacious living areas, private entrances, and baseboard heat for comfortable, low-maintenance living. Whether you’re looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained triplex is an excellent opportunity with features that appeal to a variety of tenants. Schedule your private showing today!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

5/10
Garretson Elementary - 02Grades PK-50.5 mi
8/10
4/10

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Range,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Full

Features

  • Flooring: Carpet,Vinyl,Laminate

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 3,920 sqft

Property

Details

  • Parcel number: 23331

Features

  • Stories: 2
  • Entry location: Private

Lot

  • Lot size: 0.35 Acres
  • Lot size dimensions: 116X130

Parking

  • Parking features: Attached

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Ice Storm
Winter Weather
Drought
Heat Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters in Minnehaha County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance $187$2,244
Property Taxes $568$6,816
Electricity $299$3,593
Total$3,000$36,000

Income You'd Need if You Spent...

35% on housing$102,857/yr
40% on housing$90,000/yr
45% on housing$80,000/yr

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.

Insurance Growth Rate5-year average: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 57030$153
Minnehaha County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 57030$152
Minnehaha County$179

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

DateEventPrice
2026-07-07Price change$385,000
2026-06-11Listed for sale$394,900
2025-02-04Sold$240,000

For Sale by Agent

AgentAnn M Den Boer
BrokerageBerkshire Hathaway HomeServices Midwest Realty - Sioux Falls

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