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1505 E Cedar Cir, 
Brandon, SD 57005

$775,000


Bed


Bath


6,728

Sq Ft


Multi-Family

Active

Listed by

David Knudtson

eXp Realty

david@davidknudtson.com

Last updated:

March 11, 2026, 02:29 PM

MLS#

22601262

Source:

SD RASE

About This Home

1505 E Cedar Cir

Stabilized, low-maintenance 4-unit townhome investment opportunity in Brandon. This fully leased property offers four spacious 3BR/2BA units (~1,600 SF each), each with attached single-stall garages and in-unit laundry hookups. All utilities are individually metered and tenant-paid, creating a simple, low-overhead operating structure ideal for investors seeking predictable cash flow. Major capital improvements have already been completed, including roof replacement (2022), upgraded gutters (2024), HVAC replacement in one unit (2025), and multiple interior flooring upgrades. Property has been maintained with no shared interior hallways or common areas, reducing ongoing maintenance complexity. Current rent structure reflects stabilized operations rather than speculative projections. Lease terms include scheduled annual increases. Located on a quiet cul-de-sac in the desirable Brandon community with strong demand for three-bedroom rental housing. Turnkey, income-producing, and positioned for long-term stability ideal for owner-occupant or local investor seeking stabilized cash flow.

Home Facts

Multi-Family

Built in 1991

Price Summary

775,000

$115 per Sq. Ft.

MLS #:

22601262

Last Updated:

March 11, 2026, 02:29 PM

Added:

20 day(s) ago


Rooms & Interior

Interior

Living Area:

6,728 Sq. Ft.


Structure

Structure

Building Area:

6,728 Sq. Ft.

Year Built:

1991


Lot

Lot Size (Sq. Ft):

23,404


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$115 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.