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502 E 4th St, 
Canton, SD 57013

$695,000


Bed


Bath


5,472

Sq Ft


Multi-Family

Active

Listed by

John Schutte

Keller Williams Realty Sioux Falls

605-275-0555

Last updated:

June 16, 2025, 02:24 PM

MLS#

22503972

Source:

SD RASE

About This Home

502 E 4th St

Are you looking for a well cared for real estate investment? This one is for you. It is a fourplex unit with an additional single family unit right next to it. The spacious units all have been updated recently and all of the units have attached garages with their own utilities. The single family unit was just completed in 2021 and the 4 plex has new siding, new furnaces and central air in each unit, new flooring and paint, new concrete driveway and a steel roof. Each of the units in the 4 plex have 2 bedrooms, 1 bath and laundry hookups in each bathroom. The kitchens are very large, compared to most rental units with lots of cupboards and counter space. The master bathrooms have his and hers closets. There is a ton of storage in each unit and lots of windows for natural light. It also has its' own separate entrance with garage access to make it feel like your own home instead of communal living. The single family unit has 1152 square feet of living space and is slab on grade construction, so there aren't any steps. There are 2 bedrooms with a master suite including a bath with a 4' shower and huge walk-in closet. There is also the main bath with tub/shower combination. The living area flows from the living room to the dining room to the kitchen, that has an abundance of cabinets and stainless steel appliances. The laundry/mudroom is right of the kitchen and gives easy access to the double garage that is attached. You won't believe that you are in a rental once you are inside this home. The property is broker owned and has been 2016. This is the perfect property to start your rental portfolio or add to what you already own.

Home Facts

Multi-Family

Built in 1994

Price Summary

695,000

$127 per Sq. Ft.

MLS #:

22503972

Last Updated:

June 16, 2025, 02:24 PM

Added:

20 day(s) ago


Rooms & Interior

Interior

Living Area:

5,472 Sq. Ft.


Structure

Structure

Building Area:

5,472 Sq. Ft.

Year Built:

1994


Lot

Lot Size (Sq. Ft):

18,600


Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$127 per Sq. Ft.

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