South Dakota, SD Multifamily Homes & Duplexes for Sale

• 

  

  

  /11

  $268,900

  • 4 Beds

  409 S Madison Ave, New Underwood, SD 57761

  Fantastic rental property!! Both units include 2 bedrooms 1 bath, with unit 1 access to attached single car garage. Both units recently updated. Cap rate is 8%.

  Diane Wilcox COLDWELL BANKER BLACK HILLS LEGACY

  409 S Madison Ave, New Underwood, SD 57761
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• 

  

  

  /39

  $320,000

  • 5 Beds
  • 3 Baths
  • 2,466 Sq Ft

  310 N van Eps Ave, Sioux Falls, SD 57103

  Lovely Triplex near Central Sioux Falls. Great Investment Opportunity! Washer and Dryer in lower level with storage area. Separate entrances and off street paved parking. Two bedroom unit on the main level and another 2 bedroom outside up the stairs to the upper unit. There is a basement 1 bedroom unit. Come live in one unit and rent out the rest, or just keep it fully rented out! Tenants pay

  Andrew Adam Adam Realty LLC

  310 N van Eps Ave, Sioux Falls, SD 57103
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  /65

  $3,500,000

  • 30,624 Sq Ft

  480 Jersey Ave NE, Huron, SD 57350

  *Buhl Apartments* 1075 4th St NE, 440 & 480 Jersey NE, Huron, SD 57350 + 11-50x150 Bare Lots Plenty of Room to build more apartments! - Full Occupancy Estimated Cap Rate 8.28%, Age 1995(1075), 1992(440), 1993(480), 31-2 bedroom & 5-1-bedroom apartments. Personal property included: 36 Ranges, 36 Refrigerators, 36 Dishwashers, 36 Garages & GDOs, 3 water softeners, all window coverings, 6-coin op

  Phelan Stahl Action Realty

  480 Jersey Ave NE, Huron, SD 57350
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  /26

  $308,000

  • Studio

  205 Ziebach St, Belle Fourche, SD 57717

  Versatile Duplex Just Minutes from the Beautiful Black Hills! Don’t miss this incredible opportunity to own a well-maintained duplex with a smart and functional layout—perfect for investors or owner-occupants! Located just minutes from the stunning Black Hills, this property offers both convenience and lifestyle. The main unit features 3 spacious bedrooms and 2 full baths, with a bright open

  Traci Nowowiejski eXp Realty

  205 Ziebach St, Belle Fourche, SD 57717
• 

  

  

  /5

  $269,000

  • Studio
  • 1,864 Sq Ft

  514 S Summit Ave, Sioux Falls, SD 57104

  Great investment opportunity. Great ROI opportunity. Gross rents per month $3,400. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. All units are occupied. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

  Terry Keller Market First Real Estate

  514 S Summit Ave, Sioux Falls, SD 57104
• 

  /2

  $1,200,000

  • 9 Beds
  • 11 Baths
  • 7,250 Sq Ft

  304 - 308 S Conklin Ave, Sioux Falls, SD 57103

  Conklin Apartments, located at 304–308 S. Conklin Ave in Sioux Falls, offers an excellent opportunity to acquire a 12-unit multifamily property in a strong rental market. Built in 1975, this Class B garden-style complex features a mix of one studio unit at 450 sq. ft., five one-bedroom units at 550 sq. ft., and six two-bedroom units at 675 sq. ft., for a total of 7,250 net rentable square feet

  Blake Bohner 605 Real Estate LLC

  304 - 308 S Conklin Ave, Sioux Falls, SD 57103
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  /66

  $325,000

  • 5 Beds
  • 4 Baths
  • 2,806 Sq Ft

  902 W 8th St Unit 3, Sioux Falls, SD 57104

  Investment Opportunity! Discover this triplex offering three spacious and separate units, each with its own private entrance. Perfect for investors or owner-occupants looking to generate rental income, this property features a solid rental history and excellent cash-flow potential. Units include a mix of 1- and 2-bedroom layouts, providing flexibility for a variety of tenants. Conveniently

  Stephanie Rodriguez Real Broker LLC

  902 W 8th St Unit 3, Sioux Falls, SD 57104
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  /28

  $399,900

  • Studio

  8 Baltimore St, Lead, SD 57754

  8 Baltimore Ave, Lead, SD – This recently remodeled duplex offers an excellent investment opportunity or the perfect live-in/rent-out option. Each unit features 3 spacious bedrooms, an updated full bath, large living areas, new appliances, modern floor coverings, and stylish updated fixtures. This historic property has been thoughtfully improved with new siding, asphalt shingles, windows, decks,

  Crystal Wiles Battle Creek Agency

  8 Baltimore St, Lead, SD 57754
• 

  

  /18

  $1,125,000

  • Studio
  • 529 Sq Ft

  809 S Sherman Ave, Sioux Falls, SD 57104

  Attention investors! 14-plex all on one level complete with common area lobby and off-street parking! All units are 1 bed / 1 bath. No stairs in this mostly brick building. Enjoy the ease and efficiency of owning 14 ground-level apartments in one structure! Property is currently enrolled in HUD Section 8 Senior (62+) income assistance program and will be 100% occupied as of Sept 1st. HUD has

  Clay Wilhelm The Experience Real Estate

  809 S Sherman Ave, Sioux Falls, SD 57104
• 

  

  /25

  $179,500

  • 4 Beds
  • 2 Baths
  • 1,530 Sq Ft

  320 N Broadway St, Canton, SD 57013

  Discover an opportunity with this 2-story duplex—perfect for owner-occupants, investors, or multi-generational living. Each unit offers comfortable, independent living with its own private entrance and in-unit laundry. The main floor unit features 2 bedrooms and 1 full bathroom, an inviting living room, and a spacious eat-in kitchen—ideal for everyday living and entertaining. Residents of this

  Ron Weber Hegg, REALTORS

  320 N Broadway St, Canton, SD 57013
• 

  

  /31

  $474,900

  • Studio

  205 Upper Valley Rd, Spearfish, SD 57783

  Listed by Tashi Braun, Re/Max In The Hills, 605-641-3342. Fantastic investment opportunity or ideal for multi-generational living. This up/down duplex features two self contained units with separate entrances. The upper unit features three bedrooms and two bathrooms while the bottom unit, freshly updated, features two bedrooms and one bathroom. The upper unit enjoys abundant natural light while

  Tashi Braun RE/MAX In The Hills

  205 Upper Valley Rd, Spearfish, SD 57783
• 

  

  /54

  $850,000

  • 5,376 Sq Ft

  1101 S Lawler St, Mitchell, SD 57301

  Spectacular multi-family investment: newly-completely townhome four-plex. All 4 units are approx. 1,344 sq ft, 3-bdrms/2-bths w/ 15'x30' attached garages, spacious closets, separate utility meters, vinyl plank flooring, stainless steel appliances, window treatments, & private laundry in each unit. Seller has not started leasing units, giving a buyer flexibility to set rental rates.

  Brian Eliason Janklow Eliason Real Estate

  1101 S Lawler St, Mitchell, SD 57301
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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
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  /18

  $199,000

  • 2 Beds
  • 1 Bath
  • 1,182 Sq Ft

  20 S Indiana Ave, Platte, SD 57369

  ! CHARMING RANCH-STYLE HOME WITH ABUNDANT STORAGE ON A SPACIOUS LOT ! Welcome to this beautifully updated ranch-style home offering a warm and inviting flow from one end of the living space to the other. With 2 bedrooms and 1.5 bathrooms, this 1,182 sq ft home also features a functioning 972 sq ft basement-perfect for additional space, hobbies, or storage. Located on a generous 1/3 acre lot

  Brent Veurink Farmers National Company

  20 S Indiana Ave, Platte, SD 57369
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  /2

  $240,000

  403 S Madison Ave, Hartington, NE 68739

  5-unit apartment building located on a large lot in Hartington, NE. Great location with room to expand. All electric with central heating and air conditioning. Ideal set-up for owner occupancy with a nice rental income stream.

  Tim Kuchta Farm and Ranch Company

  403 S Madison Ave, Hartington, NE 68739
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  /26

  $120,000

  • 2,784 Sq Ft

  100 Grant Ave, Volin, SD 57072

  Opportunity awaits in Volin, SD. This 4-unit split-level apartment building sits on a 0.24-acre lot and includes four 1-bedroom, 1-bath units. All units are equipped with electric baseboard heat and window AC. A shared laundry room with coin-operated washer and dryer is included, as well as another area for coin-op laundry. There is a detached garage for added storage. While some units will

  Kerry Woehl The Move Group

  100 Grant Ave, Volin, SD 57072
• 

  

  /14

  $158,000

  211 N Lincoln St, Aberdeen, SD 57401

  Investor Alert! You are going to love this triplex! Great occupancy rate! The owner also improved the property for years to come by adding additional sump pump, additional water proofing and drain tile. Another recent round of renovations include new walls, carpet, sheetrock, exterior steps and landscaping. Upper level tenant is paying $425 a month, the main floor tenant is $788 and the lower

  Austin Stage A+ Realty, LLC

  211 N Lincoln St, Aberdeen, SD 57401
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  /11

  $350,000

  902 Main St, Webster, SD 57274

  If you are ready to make the jump into rentals, this could be the property! 2- 2 bedroom units and 1- 1 one bedroom unit. Fully occupied. New roof, windows, and siding. One garage stall per apartment is included.

  Elizabeth Stoks A+ Realty, LLC

  902 Main St, Webster, SD 57274
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  /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
• 

  

  /31

  $239,000

  • 4 Beds
  • 2 Baths
  • 1,148 Sq Ft

  209 Lakeview Ave, Chamberlain, SD 57325

  Must see to appreciate the numerous updates, inside and out. What first appears to be a small home and yard, turns out to be just the opposite. Large eat-in kitchen with room to add on more cabinets and customize if desired. Three bedrooms on the main floor with a new bathroom in 2023. Basement has been finished very nicely with a bathroom walk-in shower, family room, storage, laundry and a

  Jeannine Hickey-Reuer Chamberlain Real Estate Professionals LLC

  209 Lakeview Ave, Chamberlain, SD 57325
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  /41

  $875,000

  • Studio

  901 4th Ave, Edgemont, SD 57735

  Rare opportunity to acquire an 8-unit multifamily property in Edgemont, fully composed of spacious 2-bed/1-bath apartments averaging over 780 sq ft each. The building totals 6,256 sq ft on a large 0.80-acre lot, offering both scale and potential for future expansion. Current occupancy is strong, with proven rental demand in the market. Several units have been updated, and all are individually

  Christy Lontine Superior Property Management, LLC

  901 4th Ave, Edgemont, SD 57735
• 

  

  /6

  $395,000

  • Studio

  701 5th Ave, Edgemont, SD 57735

  This fully occupied four-plex in Edgemont offers steady income and future upside. Each of the four 2-bedroom, 1-bath units features approximately 840 sq ft of living space. The property has been well-maintained, with strong tenant demand and consistent occupancy. Current rents are below market, presenting an excellent opportunity for a new owner to increase revenue with modest updates. Tenants

  Christy Lontine Superior Property Management, LLC

  701 5th Ave, Edgemont, SD 57735
• 

  

  /59

  $397,400

  • Studio
  • 2,178 Sq Ft

  3801 S Hawthorne Ave, Sioux Falls, SD 57105

  Very nice duplex in south central Sioux Falls. Each side has three bedrooms and two baths. The large detached garage provides sheltered off street parking. Nice floor plan with main floor living and three bedrooms on the upper level. Lots of possibilities here...live in one side and rent out the other or rent out both sides. Check this one out today!

  Zack Winter Keller Williams Realty Sioux Falls

  3801 S Hawthorne Ave, Sioux Falls, SD 57105
• 

  

  /29

  $212,000

  • Studio
  • 1,393 Sq Ft

  710 S Walts Ave, Sioux Falls, SD 57104

  Live in One, Rent the Other – Opportunity Awaits! Whether you're a savvy investor or a future homeowner looking to offset your mortgage, this versatile duplex near Sanford and USF checks all the boxes! Perfectly set up with separate utilities for each level, this property offers two fully functional living spaces under one roof. The main level features a spacious living and dining area, 2

  Nick Thompson Keller Williams Realty Sioux Falls

  710 S Walts Ave, Sioux Falls, SD 57104
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  /66

  $950,000

  • 4 Beds
  • 7 Baths
  • 9,342 Sq Ft

  101 N Main Ave, Hartford, SD 57033

  This historic mixed-use building in South Dakota, built with Sioux Quartz, offers a blend of commercial and residential space along with additional land. The ground floor boasts commercial areas with impressive 10' to 14' ceilings, beautiful wood floors, and abundant character. Currently divided into two vacant commercial units, they are ready for leasing. Access the second-floor loft through a

  David Shelton CENTURY 21 Advantage

  101 N Main Ave, Hartford, SD 57033
• 

  

  /8

  $665,000

  • 6 Beds

  410 1st St, Keystone, SD 57751

  HERE IS A RARE FIND!!! This 5plesx sits in the middle of old town Keystone. Each unit has been remodeled features a kitchenette, and furnished with all new furniture. This is your perfect opportunity to use as an VRBO/airbnb or long term rental. There is a detached 2 car garage with an upper area that could be used as another apartment or storage.

  Diane Wilcox COLDWELL BANKER BLACK HILLS LEGACY

  410 1st St, Keystone, SD 57751
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  335 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  335 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  330 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  330 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  325 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  325 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  320 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  320 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  315 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  315 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 3 Baths
  • 4,366 Sq Ft

  310 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  310 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  301 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  301 Arianna Place, Tea, SD 57064
• 

  

  /32

  $720,000

  • Studio
  • 4,366 Sq Ft

  300 Arianna Place, Tea, SD 57064

  Discover this exceptional fourplex strategically located near Sioux Falls in Tea South Dakota, ideally suited for investors seeking stable cash flow and long-term growth potential. Each unit boasts 2 to 3 bedrooms, sleek finishes, washer and dryer, and private entrances to attract top tier tenants. This well-maintained property is a prime investment opportunity, perfect for seasoned investors or

  Nick Dieter eXp Realty

  300 Arianna Place, Tea, SD 57064
• 

  

  /19

  $250,000

  • 2 Beds

  239 Wright St Unit 239 WRIGHT ST and 23, Rapid City, SD 57701

  Rare opportunity with income potential or multi-unit flexibility! This .31-acre lot includes two separate homes—each with private laundry hookups, a refrigerator, and a stove/range. Both units feature newer water heaters and furnaces. Updated sewer line! 239 Wright St is a 754 sq ft, 2 bed, 1 bath home on a crawlspace with easy outside access. Features include an updated bathroom and several

  Amy Hook RE/MAX ADVANTAGE

  239 Wright St Unit 239 WRIGHT ST and 23, Rapid City, SD 57701
• 

  

  /14

  $655,000

  • 15 Beds
  • 8 Baths
  • 7,104 Sq Ft

  201 Wicker St, Gayville, SD 57031

  Cash flowing 8-plex in Gayville, SD. Great rental history and well-maintained. Take advantage of the new 100% Bonus Depreciation and add Wicker St to your portfolio. Buyer to verify all square footage of units. Property consists of 7 2-bedroom and 1 1-bedroom units. Currently the 1-bedroom is vacant.

  Michelle Maloney Maloney Real Estate

  201 Wicker St, Gayville, SD 57031
• 

  

  /34

  $187,500

  • 4 Beds
  • 2.5 Baths
  • 1,980 Sq Ft

  503 N Logan St, Spencer, NE 68777

  4 Bed | 2.5 Bath | 1,980± sq. ft. Welcome to 503 N Logan Street in Spencer - an impressive 1.5-story home offering 1,980± sq. ft. of living space on a spacious double corner lot. Nestled on the quiet north edge of town, this 4-bedroom, 2.5-bathroom home combines timeless charm with tasteful modern updates, just down the street from the city park, pool, and the Boyd County Fairgrounds. Step

  Kyle Connot Stracke Land & Realty

  503 N Logan St, Spencer, NE 68777
• 

  

  /14

  $225,000

  • 4 Beds
  • 6 Baths
  • 6,680 Sq Ft

  263 N Main St, Chadron, NE 69337

  Do not inquire through Contact Agent or Schedule a Tour. Contact listing agency directly for fastest response. Historic downtown building with prime location for sale. The building features 3 retail spaces, all currently rented with long-term tenants and leases in place. Upstairs are 3 remodeled apartments that have maintained 100% occupancy. Financial information available upon request must

  Jessica Brueckner Western View Real Estate

  263 N Main St, Chadron, NE 69337
• 

  

  /16

  $785,398

  • 8 Beds
  • 6 Baths
  • 5,144 Sq Ft

  3403 -3409 W 93rd St, Sioux Falls, SD 57108

  "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $3,141,592.00 (No, that’s not a typo. Yes, that’s pi (p) because this deal is just that sweet, and perfectly irrational, just like falling in love with real estate.) This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in

  Judd Lindquist Hegg, REALTORS

  3403 -3409 W 93rd St, Sioux Falls, SD 57108
• 

  

  /15

  $785,398

  • 8 Beds
  • 6 Baths
  • 4,460 Sq Ft

  3503 W 93rd St, Sioux Falls, SD 57108

  "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $3,141,592.00 (No, that’s not a typo. Yes, that’s pi (p) because this deal is just that sweet, and perfectly irrational, just like falling in love with real estate.) This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in

  Judd Lindquist Hegg, REALTORS

  3503 W 93rd St, Sioux Falls, SD 57108

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