South Dakota, SD Multifamily Homes & Duplexes for Sale

• 

  

  

  /13

  $785,398

  • 8 Beds
  • 8 Baths
  • 5,070 Sq Ft

  3604 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

  3604 W 93rd St, Sioux Falls, SD 57108
• 

  

  

  /16

  $785,398

  • 10 Beds
  • 8 Baths
  • 5,070 Sq Ft

  3600 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

  3600 W 93rd St, Sioux Falls, SD 57108
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  /39

  $374,900

  • Studio
  • 1,966 Sq Ft

  227 N Spring Ave, Sioux Falls, SD 57104

  Historic Charm Meets Modern Living – Step into timeless elegance with this beautifully maintained triplex nestled in the heart of Sioux Falls. This classic property seamlessly blends historic character with modern updates, offering a unique investment or multi-family living opportunity in one of the city's most vibrant neighborhoods. Featuring a distinctive architectural style, each unit

  Jim Koch eXp Realty - SF Allen Team

  227 N Spring Ave, Sioux Falls, SD 57104
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  /2

  $324,000

  • 8 Beds
  • 4 Baths
  • 3,553 Sq Ft

  1203 E Cherry St, Vermillion, SD 57069

  2 adjacent homes zoned commercial. Excellent area for future development. easy to rent, close to USD campus. High traffic count and visibility. 1203 E Cherry is a nicely remodeled SFR. 1209 E Cherry is an updated SFR. 1203 and 1209, tenants pay all utils. 2. Prime location that pays for itself until you develop. 1203 can be $189500 separately. 1209 can be 185500 separately.

  Barbara Iacino Dakota Realty & Property Mgmt

  1203 E Cherry St, Vermillion, SD 57069
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  /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
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  /26

  $224,900

  • 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
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  /17

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,728 Sq Ft

  209 W 7th St, Redfield, SD 57469

  4 bedroom, 2 bath, family room

  Laurie Stahl Redfield Realty

  209 W 7th St, Redfield, SD 57469
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  /28

  $349,900

  • 5 Beds
  • 3 Baths
  • 2,559 Sq Ft

  817 W 15th St, Sioux Falls, SD 57104

  Don't miss this rare chance to own a fully occupied triplex in a highly sought-after central location! This well-maintained property offers strong, consistent cash flow and long-term investment stability. Each unit is tenant-occupied, generating immediate income from day one. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart addition with

  Mallory Kuiper Hegg, REALTORS

  817 W 15th St, Sioux Falls, SD 57104
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  /30

  $275,000

  • 3 Beds

  911 Haines Ave, Rapid City, SD 57701

  Don’t miss out on this solid up/down duplex with a lot to offer. Both units have been updated with fresh paint and new flooring, giving each space a clean, modern feel. The lower unit is a 1 bedroom, 1 bath setup—simple and efficient, great for a single renter or couple. Upstairs is a roomy 2 bedroom, 1 bath unit that feels bright and inviting, making it an easy choice for long-term tenants.

  THOMAS PATTON KELLER WILLIAMS REALTY BLACK HILLS

  911 Haines Ave, Rapid City, SD 57701
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  /70

  $420,000

  • 7 Beds
  • 7 Baths

  107 U S 20, Gordon, NE 69343

  Open for business while selling! This turn-key motel with attached apartment and on-site manager is ready for its new owner. Located within sight of the Highway 20 and Highway 27 intersection in Gordon, NE, you have great visibility for travelers. 14 rooms in the main part of the motel, 3 cabins with 2 rooms each, attached 3 bedroom/ 1 bath apartment, nice lobby area with attached storage/laundry

  Caitlin Williams NEBRASKA REALTY

  107 U S 20, Gordon, NE 69343
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  /21

  $449,000

  • Studio

  5400 Cedar St, Black Hawk, SD 57718

  Turnkey 4-unit multifamily in Black Hawk, SD — all 1 bed, 1 bath units This well-maintained property offers a strong rental history with a consistent 0–5% vacancy rate and reliable tenant retention. Located just minutes from Rapid City and Ellsworth AFB, it’s ideal for commuters and working professionals. Each unit has a private entrance, ample parking, and modern finishes where updated. Low

  Stacy Domogalski Berkshire Hathaway HomeServices Midwest Realty

  5400 Cedar St, Black Hawk, SD 57718
• 

  

  /23

  $275,000

  • 4 Beds
  • 2 Baths
  • 1,750 Sq Ft

  704 W Bailey St, Sioux Falls, SD 57104

  Investors take note! Here is a chance to own a property that has been remodeled but still has room to grow equity. House hack one side and rent out the other, or rent them both out. Each side is 2 bed 1 bath and been completely remodeled with new kitchens, bathrooms, flooring, paint, and light fixtures. Basement is unfinished and has room to add equity. An egress window is already put in

  James Kats Keller Williams Realty Sioux Falls

  704 W Bailey St, Sioux Falls, SD 57104
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  /18

  $115,000

  • Studio

  1835 University Ave Unit 1835 and 1835 1/2 UN, Hot Springs, SD 57747

  Listed by Elissa Erickson, KWBH, 605-877-4060. Calling investors- great opportunity for independent multi-family living- 2 homes on 1 city lot! *Both homes are ranch style layouts with just under 600sqft of living space *Back unit offers 1 bedroom, 1 bathroom, a corner kitchen with good cabinet space, eat in dining area, main floor laundry and a partially finished basement space to customize as

  Elissa Erickson Keller Williams Realty Black Hills SP

  1835 University Ave Unit 1835 and 1835 1/2 UN, Hot Springs, SD 57747
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  /19

  $194,900

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

  426 1st St NW, Watertown, SD 57201

  GREAT INCOME OPPORTUNITY 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
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  /40

  $799,000

  • 8 Beds

  735 N 8th St, Spearfish, SD 57783

  HUGE $50,000 PRICE IMPROVEMENT!! VERY MOTIVIATED SELLER! BEAUTIFUL AND UNIQUE VICTORIAN HOME FOR INVESTMENT PROPERTY OR MAKE IT YOUR HOME!! This unique property was built in 1900 and is currently used as a vacation rental. There are a total of 8 bdrms, 4.5 baths, with two separate living spaces. The main home has six bedrooms/3.5 baths; and the quaint and sunlit basement apartment has 2

  Elizabeth Frederick SOUTH DAKOTA PROPERTIES

  735 N 8th St, Spearfish, SD 57783
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  /42

  $340,000

  • Studio
  • 2,082 Sq Ft

  616 618 N Garfield Ave, Sioux Falls, SD 57104

  Don't miss this well-maintained duplex featuring two spacious 3-bedroom, 1-bath units—each with its own laundry & attached garage. Both units have been thoughtfully updated & are separately metered, allowing tenants to cover their own electricity & heat. The upper unit features sliding doors that open to a newer 12x12 deck (2022), all new vinyl flooring throughout (2025), new interior paint

  Brandyn Vetos Amy Stockberger Real Estate

  616 618 N Garfield Ave, Sioux Falls, SD 57104
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  /34

  $349,000

  • 4 Beds
  • 2 Baths
  • 2,399 Sq Ft

  3605 E 18th St, Sioux Falls, SD 57103

  Be sure to check out this East side duplex! Featuring two bedrooms and one bath in each unit, each with it's own single car garage! You'll love the large bedrooms and closet space, bright living rooms, and kitchens with plenty of room to cook, store, entertain and enjoy! Spacious layouts and private entrances along with each unit having their own fenced back yard space to enjoy. Each unit is

  Matt Leedom Cascade Real Estate

  3605 E 18th St, Sioux Falls, SD 57103
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  /29

  $235,000

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  1121 10th St, Hawarden, IA 51023

  Beautiful, well maintained ranch style home features a spacious 18x31 shed, partially insulated and equipped with 220 wiring - perfect for projects! The open basement offers a blank canvas for your personal design. Enjoy the newer landscaping, complete with a sidewalk and fire pit for serene evenings. A great opportunity to make this home yours!

  Ivan Huenink Zomer Company

  1121 10th St, Hawarden, IA 51023
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  /19

  $274,900

  • 4 Beds
  • 2 Baths
  • 1,768 Sq Ft

  1309 S Gary Dr, Sioux Falls, SD 57103

  Great Duplex Investment Opportunity – 2 Bed / 1 Bath Per Unit! Don't miss this versatile upper and lower duplex, perfect for owner-occupants or investors! Each unit offers 2 bedrooms and 1 full bath, with comfortable living spaces. Recent updates include newer furnaces and central A/C in recent years, ensuring year-round comfort and efficiency. A detached 1-stall garage with a brand-new roof

  Mike Fedt Keller Williams Realty Sioux Falls

  1309 S Gary Dr, Sioux Falls, SD 57103
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  /20

  $275,000

  • 3 Beds

  831 Dilger Ave, Rapid City, SD 57701

  Listed By Tom Blain - Keller Williams Realty Black Hills - 605-716-1111 Investors,,,,,,take a LOOK. Price Reduced $30,000. Great opportunity for a Cash Buyer. Fantastic investment opportunity! This fully occupied 4-plex features four 1-bedroom, 1-bath units with strong rental history and excellent cash flow. Located near schools, shopping, and with easy access to downtown and I-90, this

  Tom Blain KELLER WILLIAMS REALTY BLACK HILLS

  831 Dilger Ave, Rapid City, SD 57701
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  /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
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  /18

  $6,800,000

  • 6 Beds

  426 & 434 E Fairmont Blvd, Rapid City, SD 57701

  81 unit apartment complex with a mixture of studio (24), 1 bed (27), 2 bed (24), a3 bed apartments (6), and 12 garages. Conveniently located in SE Rapid City just down the street from Monument Hospital and between two major thoroughfares HWY 16 and HWY 79. Robbinsdale Park complex is directly to the East of this property offering tenants numerous recreation opportunities as well. The property is

  Ed Dreyer RE/MAX ADVANTAGE

  426 & 434 E Fairmont Blvd, Rapid City, SD 57701
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  /37

  $659,000

  • 10 Beds
  • 6 Baths
  • 5,472 Sq Ft

  502 E 4th St, Canton, SD 57013

  Are you looking for a well cared for real estate investment? This one 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 air in

  John Schutte Keller Williams Realty Sioux Falls

  502 E 4th St, Canton, SD 57013
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  /24

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,960 Sq Ft

  513 Park Ave, Gregory, SD 57533

  Welcome to this beautifully maintained two-story residence which features an attached garage and showcases craftsman-style woodwork, flooring, and doors throughout. The modern kitchen is equipped with newer appliances, perfect for cooking in and entertaining.. On the main level, you'll find two sizable bedrooms and a updated bath and laundry, along with a welcoming living room and a spacious

  Kay Bolton South Central Realty

  513 Park Ave, Gregory, SD 57533
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  /18

  $329,900

  302 S Harrison St, Aberdeen, SD 57401

  Looking for an income property with space, style, and flexibility? This beautifully remodeled home has it all -- and then some! With three fully updated levels, a separate upstairs entrance, and upgrades from top to bottom, this property is a real estate mic drop. Step inside the main floor, where you'll find two bedrooms, a modern full bath, a spacious living room, an open dining area, and a

  Marnie Johnson Johnson & Johnson Real Estate

  302 S Harrison St, Aberdeen, SD 57401
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  /12

  $299,900

  123 N Lloyd St, Aberdeen, SD 57401

  Fully Renovated Duplex! Welcome to this stunning one-and-a-half story home that has been completely rebuilt from the studs up, inside and out, offering the perfect blend of modern design and functional living. Located on a corner lot, this beautifully updated property features 3 bedrooms and 2.5 baths above ground, showcasing craftsmanship and thoughtful updates throughout. Step inside to

  Marnie Johnson Johnson & Johnson Real Estate

  123 N Lloyd St, Aberdeen, SD 57401
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  /40

  $89,000

  • Studio

  414 2nd Ave, Edgemont, SD 57735

  Step into a home full of history and charm, nestled on Edgemont’s main street. Built in 1900, this unique residence offers 696 square feet of cozy living space on the main floor, featuring one bedroom, one bathroom, a welcoming living room, and a well-appointed kitchen. A distinctive house spire or turret adds a fairy-tale charm, making this home truly one-of-a-kind. Above, an independent studio

  Patricia Schultz Heartland Real Estate

  414 2nd Ave, Edgemont, SD 57735
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  /37

  $270,000

  • 3 Beds
  • 2.5 Baths
  • 1,344 Sq Ft

  510 W 14th St, Winner, SD 57580

  Check out this NEW listing! It boasts an amazing layout with an open kitchen, living room, and dining room! You'll love the three bedrooms and one and three-quarters baths on the main floor! The kitchen has a great layout, featuring a propane cookstove and stainless-steel appliances (new in 2023), including a refrigerator, dishwasher, and microwave! The kitchen has laminate countertops and

  Kay Bolton South Central Realty

  510 W 14th St, Winner, SD 57580
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  /35

  $625,000

  • 16 Beds
  • 8 Baths
  • 6,528 Sq Ft

  301 W Prospect Ave, Flandreau, SD 57028

  Investors, take note! This meticulously maintained 8-unit property is a rare opportunity to add a turnkey asset to your portfolio. With zero vacancies and a consistent history of proactive care, this building delivers dependable cash flow and tenant satisfaction. Major updates include new siding and windows in 2008, a durable steel metal roof installed in 2018, and a gas water heater replaced in

  Jacob Benedict Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  301 W Prospect Ave, Flandreau, SD 57028
• 

  

  /19

  $360,000

  • Studio
  • 3,632 Sq Ft

  207 W 14th St, Sioux Falls, SD 57104

  Unlock a rare investment opportunity with an impressive 9% cap rate in the heart of downtown Sioux Falls! This prime triplex offers exceptional income potential, situated just steps from top attractions, dining, and entertainment—ensuring steady tenant demand and consistent cash flow. Whether you're looking to build equity or maximize rental income, this property is a smart choice for savvy

  Amanda Nielsen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  207 W 14th St, Sioux Falls, SD 57104
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  /14

  $192,000

  • 4 Beds

  217 E Monroe St, Rapid City, SD 57701

  Great investment opportunity, up down duplex with separate entrances in the rear. Each unit has separate electric and gas. Owner pays the water, sewer and trash Main Floor Unit: 2 bedrooms, 1 bathroom, living room, and kitchen. Currently rented for $700/month. Lower-Level Unit: 2 bedroom, 1 bathroom, living room and kitchen Currently rented for $650.00/month Both units have common entrance at

  JOE MUTH COLDWELL BANKER BLACK HILLS LEGACY

  217 E Monroe St, Rapid City, SD 57701
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  /44

  $1,300,000

  • Studio

  1105 5th St, Sturgis, SD 57785

  The possibilities are endless. This property has fresh paint inside and out with all new flooring and window treatments. Each bedroom door has its own key and the bathrooms have received updates as well. This was previously operated as a 16 bed licensed Assisted Living and could easily be used as such once again. This could be an ideal Investment Property or a facility for Traveling Nurses,

  MARK WILLIAMS The Real Estate Center of Sturgis

  1105 5th St, Sturgis, SD 57785
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  /47

  $119,900

  • 5 Beds
  • 3 Baths
  • 2,432 Sq Ft

  120 SW 2nd St Unit 1 & 2, Wentworth, SD 57075

  Duplex located on a corner lot in the charming town of Wentworth. The property is conveniently situated between Brookings and Sioux Falls, with easy access to Madison. This property features two units with ample parking, including an attached single garage, creating a strong opportunity for rental income. The first unit comprises three bedrooms and two bathrooms, while the second unit includes

  Miranda Krumm Signature Realty Group LLC

  120 SW 2nd St Unit 1 & 2, Wentworth, SD 57075
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  /24

  $134,900

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  118 SW 2nd St Unit 1 & 2, Wentworth, SD 57075

  Discover this duplex located in the rural community of Wentworth. Ideally situated between Brookings and Sioux Falls, with convenient access to Madison, this property features two fully leased units with ample parking. Built in 2013, each unit includes two bedrooms, one bathroom, and laundry hookups. Both units are individually metered for electrical usage. During your visit, experience the

  Miranda Krumm Signature Realty Group LLC

  118 SW 2nd St Unit 1 & 2, Wentworth, SD 57075
• 

  

  /23

  $245,000

  • 4 Beds
  • 2 Baths
  • 1,142 Sq Ft

  116 N van Eps Ave, Sioux Falls, SD 57103

  This multifamily duplex offers a fantastic investment opportunity or the perfect setup for owner-occupied living. Each unit features 2 spacious bedrooms and 1 full bathroom, with private entrances that provide added privacy and convenience. The property includes paved parking for residents and guests, and a large shared backyard ideal for outdoor gatherings, gardening, or relaxing. Whether you're

  Matthew Fisher Keller Williams Realty Sioux Falls

  116 N van Eps Ave, Sioux Falls, SD 57103
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  /39

  $2,550,000

  • 5 Beds
  • 5 Baths
  • 12,200 Sq Ft

  1411 Rushmore Dr, Brandon, SD 57005

  Two exceptional 16 unit apartments with a 6.95% Cap Rate, located in the growing and highly desirable city of Brandon, SD. 1411 & 1413 E Rushmore Dr are single level buildings with zero step entry and are in excellent condition. Completed Building Analysis Reports are available upon request. NOTE: 1411 & 1413 must be purchased together. These properties are a favorable addition to your real

  Marcus Walgrave Hegg, REALTORS

  1411 Rushmore Dr, Brandon, SD 57005
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  /30

  $185,000

  • 4 Beds
  • 1 Bath
  • 1,695 Sq Ft

  1003 E State St, Atkinson, NE 68713

  4 Bed | 1 Bath | 1,695 sq. ft. Welcome to 1003 E State Street in Atkinson - a two-story home offering 1,695 square feet of living space, tucked away in a quiet neighborhood on the edge of town. Set on a large lot with a big backyard, this property provides plenty of room to enjoy both indoors and out. The front entry opens into a cozy porch area, leading you into a spacious living room. The

  Kyle Connot Stracke Land & Realty

  1003 E State St, Atkinson, NE 68713
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  /27

  $529,900

  • 3 Beds
  • 4 Baths
  • 2,256 Sq Ft

  1035 N Spring Ave, Sioux Falls, SD 57104

  Unique turnkey opportunity near Downtown Sioux Falls has everything you need to start your investment dreams. This 4 unit home comes fully furnished, highly maintained and has a great history of short and mid term rental. Currently an AirBNB and Furnished Finder Super Host, The Garden House (unit 1 - sleeps 6), Meeting Place (unit 2 - sleeps 4), Victorian (unit 3, studio - sleeps 2), and Loft

  Tony Ratchford Keller Williams Realty Sioux Falls

  1035 N Spring Ave, Sioux Falls, SD 57104
• 

  

  /26

  $870,000

  • Studio

  12634. A-D Robins Roost Rd, Hill City, SD 57745

  Welcome to 12634 Robins Roost Rd — a beautifully maintained 4-unit condominium property located just minutes from downtown Hill City. This turnkey investment features two spacious 3-bedroom, 2-bath units and two charming 2-bedroom, 1-bath units — each with its own attached garage, offering convenience and privacy for tenants or owners. Property can be purchased as individual condo’s or as all

  Gage Zieske Blair Allen Luxury Real Estate LLC

  12634. A-D Robins Roost Rd, Hill City, SD 57745
• 

  

  /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

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