Lennox, SD Multifamily Homes & Duplexes for Sale

/49
$374,900
- 3,224 Sq Ft
723 W 2nd Ave, Lennox, SD 57039

Looking for a solid investment opportunity? This well-maintained 5-plex is located in Lennox, a welcoming small town with excellent amenities and an easy drive to Sioux Falls. The property has a strong rental history, with units consistently occupied.Each unit features its own private entrance, a comfortable living room, a kitchen and dining area complete with a refrigerator and electric

Stefanie Stockberger eXp Realty - Elevated Sioux Falls

723 W 2nd Ave, Lennox, SD 57039
/6
$250,000
- 2,428 Sq Ft
404 W 1st Ave, Lennox, SD 57039

Investor opportunity with solid rental history and strong income potential. This triplex offers 3 total units: a 3BR-1BA with an attached garage and basement, a 2BR-1BA, and a 1BR-1BA. Each unit has its own private entrance and washer and dryer, providing convenience and privacy for tenants. Located on a corner lot, the property also includes garbage, snow removal, and lawn care in the rent,

Bryan Anfinson Hegg, REALTORS

404 W 1st Ave, Lennox, SD 57039
/24
$299,900

$25K PRICE DROP
- 4,372 Sq Ft
511 -517 Main St S St, Lennox, SD 57039

Great 5 plex opportunity in Lennox SD. 4 units are 2 Bedroom/1 Bathroom units and one 1 bedroom loft at the rear of the buidling. Coin opperated laundry on site. 4 stall garage for potential added income (currently left open). Seprate Electrical per unit. Newer boiler in for heat.

Brandon Martens Better Homes and Gardens Real Estate Beyond

511 -517 Main St S St, Lennox, SD 57039
/75
$749,900

$25K PRICE DROP
- 6,216 Sq Ft
220 S Lincoln St, Lennox, SD 57039

Endless Possibilities in the Heart of Lennox! Welcome to 220 S Lincoln St.—a truly one-of-a-kind property offering unmatched flexibility for homeowners, investors, or entrepreneurs alike. Whether you’re looking for a spacious personal residence, an income-producing property, or a multi-gemerational living arrangement, this property delivers. BRAND NEW ROOF installed June 2026. With 9 bedrooms—all

Coby Vander Kooy Gateway Real Estate Advisors

220 S Lincoln St, Lennox, SD 57039

South Dakota Lincoln County

Why Live in Lennox

Lennox, located in Lincoln County, South Dakota, is a small city experiencing significant growth and development, particularly in housing. With a population of approximately 2,600, Lennox serves as a bedroom community for Sioux Falls, situated about 20 miles to the northeast. The city features a mix of older homes, including farmhouses and Craftsman styles, alongside new constructions such as townhomes, twin homes, and single-family homes primarily north of Boynton Avenue. Lennox's downtown area, centered around South Main Street, hosts essential amenities like Lennox City Hall, Sanford Health Lennox Clinic, and the South Dakota Country Music Hall of Fame, which includes a museum and the Opry House. Dining options include El Mariachi Mexican Restaurant and Chuck's Drive-In, while Sunshine Foods and Ace hardware store cater to everyday needs. Recreational features in Lennox include Westerman Park with its playground, skate park, and sports facilities, and West Evergreen Park offering sand volleyball courts. The Lennox Senior Center provides various enrichment programs. The city boasts highly rated schools, including Lennox Elementary School, LWC Intermediate, and Lennox Junior High School. Lennox High School, which shares a building with the junior high, recently underwent a $17-million expansion project. Community events such as the Old Fashioned Fourth of July Celebration and Park Drive After 5 foster a vibrant local culture. Lennox is walkable and bikeable, with accessible highways like State Route 17 and State Route 44 for travel beyond the city. Despite challenges like snow, mosquitoes, and occasional flooding, Lennox continues to thrive and attract new residents.

Learn more about living in Lennox

Home Prices in Lennox, SD

The median home sale price in Lennox, SD is $319,900, up 12% year-over-year. Homes in Lennox sell in 96 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price $319,900	Median Single Family Sale Price $349,800
Median Townhouse Sale Price $298,800	Median 2 Bedroom Sale Price $338,650
Average Price Per Sq Ft $242	Number of Homes for Sale 30
Last 12 months Home Sales 60	Months of Supply 6.00
Median List Price $334,900	Median Change From 1st List Price 0%
Median Home Sale Price YoY Change 12%

How to Buy a Home How to Finance a Home How to Sell a Home

In Lennox, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $250,000 to $749,900, there's a range to accomodate every budget. As of August, 2026 the median home price in Lennox is $334,900, while the average sale price is $306,125, offering insights into the local housing market. On average, multi-family homes spend 96 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lennox, SD.

Lennox Types of Homes for Sale

Lennox Real Estate

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Lennox Homes for Sale by Style

Lennox Ranch Style Homes for Sale

Multi-family Homes for Sale in Nearby Neighborhoods

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