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34384301
34384302

8 Locations For Sale

TM
SD SD 11172
CINC Realty
Listed by CINC Realty
$2,311,000
7 days on market
Updated 7 days ago
Opportunity zone

7 Duplex's & 1 Triplex For Sale

Details
Property Type Retail, Multifamily
Units 17
Zoning Medium Density Residential
Ground Lease No

Turnkey 8‑Property Portfolio — 8.5% Cap Rate, Proven Cash Flow, Long Term Performance.

Marketing description

Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex—all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.

Investment highlights

  • Portfolio sale of 7 duplexes + 1 triplex in the Blaine/N. Maple neighborhoods, all clustered for efficient management and historically strong rent rolls.
  • 8.5% cap rate (T12) with long-term, stable performance; owner has relocated and maintenance manager retiring, creating a clean transition for new operations.
  • Flexible seller financing available; properties feature mixed layouts, garages, walkouts, coin‑op laundry, storage sheds, and fenced yards

Listing Contacts

TM
SD SD 11172
CINC Realty
Listed by CINC Realty

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Additional Information

Name
Tony Marshall
License
SD 11172
Brokerage
CINC Realty, LLC
Title
Responsible Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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