Bridgewater 4-Plex

150 W 10th Street , Bridgewater, SD 57319

Property Information

  • For Sale $200,000
  • Property Type Multi-Family
  • Property Size 2,803 SF
  • Units 4
  • Lot Size 0.53 Acre
  • Year Built 1995
  • Date Updated Oct 26, 2026

Description

Bridgewater 4-Plex presents a value-add multifamily investment opportunity with four units in a 2,803 SF building originally built in 1995. Currently 50% occupied, the property offers immediate upside with two vacant units available.

Highlights

  • 2026 Taxes $2,898
  • 4 total units, 2 vacant units
  • 4-Stall detached garage built in 2012
  • All units 1 bed 1 bath
  • Electric baseboard heat; Wall AC
  • Lot Size .53 AC (23,087 SF)
  • Low Income Housing Tax Credit (LIHTC) land-use restriction. Buyer to verify restriction status, term, and exit options with South Dakota Housing.
  • New metal roof with gutters in 2022
  • On-site coin-operated laundry
  • Tenant pays electricity
  • USDA Rural Development (Section 515) exit in progress
  • Water, sewer, and trash paid by owner

Contacts

Location

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