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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1505 E Cedar Cir in Brandon, SD is listed for $775,000 ($115 per sqft). Built in 1991, the home offers 6,728 sqft of living space on a 0.54 acres lot.

Agent Description

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.

Key Features

  • Built in 1991
  • 0.54 acre lot

Property Details

1 story
1991

Monthly Cost Estimate

$4,145/mo

20% down · 6.5% · 30 years

Principal$560
Interest$3,358
Insurance$226

Estimates only. Actual payments may vary.

Location

1505 E Cedar Cir

Brandon, SD 57005

Oak Park Addn to City of Brandon

Property Details

Flooring

VinylCarpet

Construction

Vinyl Siding

Heating

Forced AirNatural Gas

Cooling

Electric

Appliances

DishwasherDisposalMicrowaveRangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1505 E Cedar Cir is listed at $775,000 ($115/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.

Key features include: Built in 1991, 0.54 acre lot.

This property is listed by David Knudtson and can be reached at (605) 593-2763 or david@davidknudtson.com.

DK

David Knudtson

Agent at eXp Realty

(605) 593-2763

Listed by eXp Realty

MLS# 22601262· Source: listhub· Updated 43 days ago

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 E Cedar Cir, Brandon, SD 57005

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