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Canton, SD Multifamily Homes & Duplexes for Sale

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  • /21

    $175,000

    • 2,166 Sq Ft

    215 W 5th St, Canton, SD 57013

    Attention Investors! Income-Producing Tri-Plex Opportunity in Canton, SD! Expand your investment portfolio with this three-unit income property located in the community of Canton. Whether you're a seasoned investor or looking to purchase your first multifamily property, this tri-plex offers immediate rental income and long-term investment potential. This property features three separately metered

    Ron Weber Hegg, REALTORS

    215 W 5th St, Canton, SD 57013
  • /37

    $629,900

    $30K PRICE DROP
    • 5,472 Sq Ft

    502 E 4th St, Canton, SD 57013

    Are you looking for a well cared for real estate investment? This five unit complex 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

    John Schutte Keller Williams Realty Sioux Falls

    502 E 4th St, Canton, SD 57013

Why Live in Canton

Canton, South Dakota, founded in 1861, is a small community with a population of just over 3,000 people, located within the Sioux Falls metropolitan area. The town boasts a rich history, with a significant influx of Norwegian immigrants in its early years, contributing to its cultural fabric. Canton features a mix of midcentury homes, renovated vintage properties, and new developments, with architectural styles ranging from Craftsman and Traditional Folk to contemporary custom builds. The median home price is notably lower than the national average, making it an affordable option for homebuyers. The Canton Parks and Recreation Department maintains several green spaces, a public pool, athletic fields, and the Hiawatha Golf Club. Just 6 miles south, Newton Hills State Park offers hiking, biking, fishing, and horseback riding. The Canton School District serves local students, with Lawrence Elementary being a highly rated option. Downtown Canton is characterized by historic brick buildings housing specialty shops, cafés, and restaurants, such as Laurie's Café and Sioux Valley Grille. For larger shopping needs, residents often travel 19 miles to Sioux Falls. Annual events like the Sioux River Folk Festival and Christmas in Canton foster a strong sense of community. Major roads like Highway 18 and Route 11 provide convenient access to Sioux Falls, 24 miles away, and the Sioux Falls Regional Airport, 28 miles away.

Home Price Trends

Median Sale Price
$240,900
Median Single Family Sale Price
$240,000
Median 2 Bedroom Sale Price
$185,000
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$158
Number of Homes for Sale
14
Last 12 months Home Sales
39
Months of Supply
4.30
Median List Price
$254,200
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-7%
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