This four-plex property located in Sturgis presents significant investment potential. It features four separate apartments, each consisting of two bedrooms and one bathroom, with a total area of 676 square feet per unit. Constructed in 1978, the property has maintained a zero vacancy rate for several years, indicating strong demand for rental units in the area. The washer and dryer facilities are managed through an off-site contracted service, and each apartment is equipped with its own water heater. The upstairs units offer small balconies adjacent to the dining and kitchen areas, adding to their appeal. Additionally, there is a large off-street parking lot available, providing ample space for tenants with multiple vehicles. With some renovations and improvements, there is a substantial opportunity to increase rental income significantly. The owner has kept the rents low on purpose to help his renters.
Sold for $390,600 on 04/21/25
$390,600
2350 S Baldwin St, Sturgis, SD 57785
8beds
--baths
3,432sqft
Quadruplex
Built in 1978
-- sqft lot
$389,800 Zestimate®
$114/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 04:08pm
Listed by:
Christle Beuckens,
Hegg Realtors, Deadwood
Bought with:
Krysti Schulz
The Real Estate Center of Sturgis
Source: Mount Rushmore Area AOR,MLS#: 83187

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Refrigerator, Electric Range Oven, Range Hood
Interior area
- Total structure area: 3,432
- Total interior livable area: 3,432 sqft
Property
Parking
- Parking features: Other (See Remarks)
Features
- Levels: Two
- Stories: 2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Block, Other
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Electric: Breaker
Community & neighborhood
Location
- Region: Sturgis
Other
Other facts
- Listing terms: Cash,New Loan