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Codington County SD Multifamily Homes & Duplexes for Sale

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  • /20

    $349,900

    • 6 Beds
    • 3 Baths
    • 1,510 Sq Ft

    612 E Kemp Ave, Watertown, SD 57201

    Investor Alert! Fully leased tri‑plex in the heart of Watertown generating $3,050/month in gross rents. Features (3) 2BR/1BA units, off-street parking, and a strong rental history. Solid condition with long-term tenants and stable cash flow. Priced at $349,900 with a 7%+ cap rate, this is a great turnkey opportunity just blocks from Uptown and Lake Area Tech.

    Lynn Morris THE REALTY TEAM

    612 E Kemp Ave, Watertown, SD 57201
  • /35

    $155,000

    • 1 Bed
    • 1 Bath
    • 2,280 Sq Ft

    315 5th St SE, Watertown, SD 57201

    Investor Special! Opportunity is knocking with this handyman special that's perfect for an investor seeking a rental property or a contractor looking for their next flip. This property is brimming with potential and ready for someone with vision to bring it back to life! Conveniently located between Highway 212 & downtown. This home has a private driveway & alley access for off-street parking.

    Dorette Clark PLATINUM REALTY, INC.

    315 5th St SE, Watertown, SD 57201
  • /18

    $519,900

    • 12 Beds
    • 4 Baths
    • 4,712 Sq Ft

    201 3rd St SE, Watertown, SD 57201

    Investor alert! this nice 4-plex in the center of Watertown is on the market!! These updated units have 3 bedrooms and one bath with separate entrances per unit and comes with a one stall detached garage. Mostly newer/updated windows,shingles, rubber roof in 2008, electrical panel, plumbing, 4 refrigerators, 4 stoves, with 3 unites renting for 900 a month and 4th unit is under going remodeling

    Jim Pieper JP REAL ESTATE

    201 3rd St SE, Watertown, SD 57201
  • /26

    $229,900

    • 3 Beds
    • 2.5 Baths
    • 1,777 Sq Ft

    721 E Kemp Ave, Watertown, SD 57201

    Versatile Duplex or Single-Family Home - Great Investment Opportunity!This unique property is currently configured as a duplex, offering a 2-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit—perfect for a variety of living or investment options. Whether you're an investor looking to generate rental income, or a homeowner seeking flexibility, this property fits the

    Melody Kerkvliet REAL ESTATE PROFESSIONALS

    721 E Kemp Ave, Watertown, SD 57201
  • /19

    $194,900

    • 5 Beds
    • 3 Baths
    • 2,152 Sq Ft

    426 1st St NW, Watertown, SD 57201

    MUST SEE THIS NICE THREE PLEX IN NW WATERTOWN. MANY NICE UPDATES DONE . NEW SHINGLES AND GUTTERS GIVE US A CALL FOR YOUR PRIVATE SHOWING

    LORIE SMITH ROBY, REALTORS

    426 1st St NW, Watertown, SD 57201
  • /17

    $399,900

    • 7 Beds
    • 3 Baths
    • 1,402 Sq Ft

    802 W Kemp Ave, Watertown, SD 57201

    This triplex is completely remodeled with, new roof, siding, wiring sheetrock, flooring, cabinets, appliances, to name a few. There are two units now rented the 3 bedroom upstairs rents for $1200 monthly plus they pay utilities, lower one bedroom rents for $800 monthly both in leases. The lower 3 bedroom unit can be rented out for $1200 a month or you can live there and rent out the other two to

    Jim Pieper JP REAL ESTATE

    802 W Kemp Ave, Watertown, SD 57201
  • /20

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft

    1327 Cherry Dr, Watertown, SD 57201

    Great twinhome with open floor plan in wonderful location. Many kitchen cabinets, huge pantry, finished heated garage, master bath, covered patio off dining room with privacy fences! Here is how to live the easy way

    Joy Nelson HAUGAN NELSON REALTY, INC

    1327 Cherry Dr, Watertown, SD 57201
  • /3

    $2,539,000

    • 36 Beds
    • 12 Baths
    • 15,280 Sq Ft

    908 Arrow Ave NE, Watertown, SD 57201

    12 unit apartment complex. All units have central air, washer/dryer, stove, fridge, & microwave furnished. All units are fully rented for June 2025-2026 at a rate of $1,350 monthly.*Owner is licensed real estate agent

    Mike Lawrence ACCESS REAL ESTATE

    908 Arrow Ave NE, Watertown, SD 57201
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