South Dakota, SD Multifamily Homes & Duplexes for Sale

• 

  

  

  /13

  $216,900

  909 S Lloyd St, Aberdeen, SD 57401

  Turn Key! Great Solid Property Great Rental History! Firm 28 Hr Notice for Showings. This 3 Plex Has Great Tenants, Steel Siding, New Shingles, New Upstairs unit Heating, Newer poured concrete walk way. Worth a peek!

  Melanie Bobby Jency Realty Company

  909 S Lloyd St, Aberdeen, SD 57401
• 

  

  

  /31

  $219,000

  • 5 Beds

  636 Halley Ave, Rapid City, SD 57701

  Seller offer $10,000 credit to buyer and will consider carrying a 2nd! Great investment opportunity! Side by side duplex with a large lot. Updated roof, water heaters, furnance, sewer line, electric and plumbing. Great rental history with room to grow. Just needs a little cosmetic TLC!

  STEPHANIE HOLDINGHAUSEN SELLING 605 REALTY LLC

  636 Halley Ave, Rapid City, SD 57701
• 

  

  

  /40

  $36,750,000

  • 5 Beds

  4815 5th St Unit 4801- 4829 5th (165, Rapid City, SD 57701

  ATTENTION INVESTORS: 165 units with 72 garage stalls. 11 Buildings with 15 apartments per unit. 4 sets of garages each with 18 spaces. Garage spaces rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that rent for $900 per month. 6- 1 bedroom 1 bath apartments at 774 sq ft that rent for $1100 per month. 6 -2 bedrooms, 2 bath at 1013 sq ft renting for $1400. Appliances

  TJ Wojtanowicz BLACK HILLS REALTY

  4815 5th St Unit 4801- 4829 5th (165, Rapid City, SD 57701
• 

  

  

  /38

  $730,000

  • 6 Beds
  • 6 Baths
  • 3,796 Sq Ft

  711 &713 N Dakota Ave, Dell Rapids, SD 57022

  Welcome to your dream home in Dell Rapids—a brand-new, expertly built twin home with quality in every detail. The main level offers a spacious kitchen with modern cabinetry and a pantry, flowing into an open living and dining area. A half bath adds convenience, while a sliding glass door leads to the covered back patio. Upstairs, the spacious master suite features an oversized walk-in closet,

  Amanda Snyder Keller Williams Realty Sioux Falls

  711 &713 N Dakota Ave, Dell Rapids, SD 57022
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  /8

  $2,500,000

  • Studio
  • 27,465 Sq Ft

  320 N Western Ave, Sioux Falls, SD 57104

  Sandy Creek Apartments is a 24-unit multifamily community located in Central Sioux Falls, South Dakota. Built in 1997, the property consists of a single three-story building situated on a well-positioned 1.23-acre lot. The asset offers approximately 27,465 square feet of rentable space across a mix of one-, two-, and three-bedroom layouts—designed to support steady rental demand and long-term

  Brad Stearns 605 Real Estate LLC

  320 N Western Ave, Sioux Falls, SD 57104
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  /2

  $244,900

  503 N Main St, Aberdeen, SD 57401

  Well maintained 5 unit multifamily property with newer windows and vinyl siding.

  Jon Webb FIRST PREMIER REALTY, LLC

  503 N Main St, Aberdeen, SD 57401
• 

  

  /35

  $1,750,000

  • Studio

  200 Montana Ave, Lead, SD 57754

  Listed by Jeremy Kahler, KWBH, 605-381-7500. Great opportunity to add to your investment portfolio- 23 unit apartment complex in Lead, SD with consistent rental history and great potential to expand! *Based on projections and current rent amounts, occupancy to be about 96% *Property is all on one level, with zero-entry access for easy accessibility, and complies with most ADA requirements *This

  JEREMY KAHLER Keller Williams Realty Black Hills SP

  200 Montana Ave, Lead, SD 57754
• 

  

  /23

  $725,000

  • 7 Beds
  • 11 Baths
  • 5,194 Sq Ft

  405 & 409 S Walts Ave, Sioux Falls, SD 57104

  10 units total; 405- 5 plex , 407- duplex, and 409- TriPlex. Listing includes Two 2 bedroom units, Four 1 bedroom units and 4 studios. Many updates have been made in the units, common areas, and exterior. Great rental history with minimal vacancies and long term tenants. Coin operated laundry on site. Triplex and duplex have separate electric meters. Listing agent has ownership interest in

  Marty Gullickson Harr & Lemme Real Estate

  405 & 409 S Walts Ave, Sioux Falls, SD 57104
• 

  

  /16

  $199,900

  1502 S Grant St, Aberdeen, SD 57401

  Possible duplex or triplex with work, labor and improvements. Looking for a project or an adventure. Endless possibilities and potential. Plus 5 stalls of garage space to rent and/or lease. Plus 8 small storage units too.

  Craig Mickelson MICKELSON-REALTORS(r), INC

  1502 S Grant St, Aberdeen, SD 57401
• 

  

  /22

  $825,000

  • Studio

  201 E Nowlin St Unit 203, 205, 207, 209,, Rapid City, SD 57701

  Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 6-unit complex (three duplexes) offers an excellent opportunity. Each unit features 2 bedrooms, 1 bathroom, a stove, refrigerator, window air conditioner, gas water heater, and forced air heating. Washer and dryer hookups are also included in every unit. Some units have been upgraded with LVT

  Nicole Petrik Engel & Völkers

  201 E Nowlin St Unit 203, 205, 207, 209,, Rapid City, SD 57701
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  /24

  $1,120,000

  • Studio
  • 5,860 Sq Ft

  6801 W Gresford Place, Sioux Falls, SD 57106

  Discover an incredible income-generating opportunity with this well-maintained 4-unit multifamily property! This turnkey investment is perfect for both seasoned investors and those looking to build wealth through real estate. Each townhome has 3 spacious bedrooms on the same level, 2 and a half bathrooms, a 2 car attached garage, and in-unit washers and dryers. You'll have immediate cash flow, as

  Maggie Miller Hegg, REALTORS

  6801 W Gresford Place, Sioux Falls, SD 57106
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  /36

  $1,625,000

  • Studio

  123 E Nowlin St Unit 125,127,129,131,133,, Rapid City, SD 57701

  Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded

  Nicole Petrik Engel & Völkers

  123 E Nowlin St Unit 125,127,129,131,133,, Rapid City, SD 57701
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  /40

  $1,650,000

  • Studio

  603 N River St, Hot Springs, SD 57747

  Amazing business opportunity in this 32,000 sq ft charming historic multi use building in the heart of Hot Springs, SD. The grand hotel lobby will stun you with tall ceilings, hardwood floors, and a grand staircase. The pride of ownership shows throughout. Many opportunities include the stunning remodeled venue space that seats 254 guests with kitchen area & private bathroom access, 14 elegant

  Ariel Rudland West River Realty

  603 N River St, Hot Springs, SD 57747
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  /12

  $1,513,000

  • 3 Beds

  225 E Watertown St, Rapid City, SD 57701

  Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for

  Ed Dreyer RE/MAX ADVANTAGE

  225 E Watertown St, Rapid City, SD 57701
• 

  

  /29

  $345,000

  • Studio
  • 2,818 Sq Ft

  925 W 12th St, Sioux Falls, SD 57104

  Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer,

  Jackson Dorhout Alpine Commerical

  925 W 12th St, Sioux Falls, SD 57104
• 

  

  /21

  $659,000

  • Studio

  314 N 5th St, Spearfish, SD 57783

  For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled to include new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All

  Heath Gran Great Peaks Realty

  314 N 5th St, Spearfish, SD 57783
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  /17

  $450,000

  • Studio

  620 West Blvd, Rapid City, SD 57701

  Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended

  Shannon Brinker TRUE NORTH ASSET GROUP

  620 West Blvd, Rapid City, SD 57701
• 

  

  /13

  $225,000

  • 5 Beds

  920 Haines Ave, Rapid City, SD 57701

  Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. This triplex presents a fantastic investment opportunity with strong income potential. Each unit has a separate electric meter, while water and natural gas are shared, with tenants reimbursing the owner for water, sewer, and trash costs as follows: Main Floor 50%, Lower Level 25%, Upper Level 25%. Main Floor Unit: 2 bedrooms, 1

  RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

  920 Haines Ave, Rapid City, SD 57701
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  /46

  $389,000

  • Studio

  406 & 410 Jennings Ave, Hot Springs, SD 57747

  Prime Investment Opportunity or Multi-Generational Living in Hot Springs! Unlock the potential of this spacious duplex at 406 & 410 Jennings Avenue—perfect for investors or homeowners looking to offset their mortgage by renting out one unit! Conveniently located just a short walk to downtown Hot Springs, where you’ll find great dining, shopping, and entertainment. Both units feature beautiful

  Christine Heidebrink Mt. Rushmore Properties

  406 & 410 Jennings Ave, Hot Springs, SD 57747
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  /36

  $278,000

  112 S Arch St, Aberdeen, SD 57401

  This updated 6 unit apartment is ready for tenants! With new flooring, paint and appliances it has great income potential! Tenants pay utilities which equals better return on investment. 1 - 2 Bed, 1 Bath, Full kitchen 1 - 1 Bath efficiency (no kitchen) 1 - 1 Bath, efficiency, Full kitchen 3 - 1 Bed,1 Bath, Full Kitchen

  Erica Schaeffer FIRST PREMIER REALTY, LLC

  112 S Arch St, Aberdeen, SD 57401
• 

  

  /20

  $229,900

  • 5 Beds

  710 Haines Ave, Rapid City, SD 57701

  Well-maintained tri-plex close to downtown Rapid City, new roof and siding in 2020, new electrical meters to all three units and individual gas meters to all units, lots of off-street parking for the tenants, rents are under market and should be adjusted and a water fee should be applied, landlord replaced some windows and decking in 2023 so maintenance expenses were higher than usual, Lots of

  John Roberts THE REAL ESTATE GROUP, INC.

  710 Haines Ave, Rapid City, SD 57701
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  /6

  $374,000

  • 15 Beds
  • 6 Baths
  • 5,275 Sq Ft

  1203 E Cherry St, Vermillion, SD 57069

  2 adjacent houses , all with commercial zoning. 144 frontage and 180 depth. Excellent traffic count and visibility, close to USD campus. Across fom new bank and surrounded by lots of newer construction. Prime location that pays for itself till you are ready to develop. Excellent investment opportunity. 1203 and 1209 are recently remodeled. 1203 and 1209 tenants pay all utilities. can buy 1203

  Barbara Iacino Dakota Realty

  1203 E Cherry St, Vermillion, SD 57069
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  /27

  $245,000

  • 5 Beds
  • 2 Baths
  • 2,348 Sq Ft

  430 N Valentine St, Valentine, NE 69201

  PRICE REDUCED! Discover this well-maintained 5-bedroom, 2-bathroom residence offering 2,348 sq. ft. of living space, perfectly situated for family living. The house sits on its own lot, while the impressive 2-car detached garage - measuring 30x24 with a workshop area - occupies a separate lot, with alley access and tons of additional storage. Inside, the main floor features 3 bedrooms, 1

  Samantha Leonard Stracke Land & Realty

  430 N Valentine St, Valentine, NE 69201
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  /48

  $74,900

  • Studio
  • 4,536 Sq Ft

  250 Church St N, Canova, SD 57321

  Unfortunately the buyer's home did not sell so this historic 1922 Canova Hospital is back on the market! Bring your dreams and your contractors! A building with much potential that needs lots of TLC. A new roof was added and new underground electrical was brought to the building in 2023. The building has 9 numbered bedrooms on the upper floor and multiple multi-purpose rooms on the first

  Mary Leary Dakota Homes Realty, LLC

  250 Church St N, Canova, SD 57321
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  /17

  $1,490,000

  10 9th Ave SW, Aberdeen, SD 57401

  INVESTMENT Opportunity! 22 apt units Plus a Garage / Shop. Owner pays Water/Sewer/Garbage. Tenants pay their own Heat and Electric! The Apartment Units have been updated and the property has been well cared for!

  Melanie Bobby Jency Realty Company

  10 9th Ave SW, Aberdeen, SD 57401
• 

  

  /3

  $2,400,000

  19 7th Ave SE, Aberdeen, SD 57401

  Investors! This Apt building is one of my personal favorites in Aberdeen. Plenty of Parking, Great Location! 39 Unit Apartment Building with an elevator, Electrical was updated to meter heat to each unit. Roof in excellent condition and was completely redone in 2013. Tenants pay all utilities accept water sewer garbage.

  Melanie Bobby Jency Realty Company

  19 7th Ave SE, Aberdeen, SD 57401
• 

  

  /35

  $550,000

  • Studio

  5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703

  Looking for a unique opportunity to have an income-generating property? Welcome to Corbin Drive! This property features 3 homes with 4 rentable units all on 1.72 acres and 2 separate lots. There are multiple opportunities with this sale: live in one unit and rent the others, rent all 4 units or buy and sell off 3 units. Current leases need 60 days notice to vacate. The house features 2 units with

  CIERRA VANDERPOL Black Hills SD Realty

  5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703
• 

  

  /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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  /29

  $750,000

  • 3,072 Sq Ft

  1515 E Capitol Ave, Pierre, SD 57501

  Now is your chance to own your own investment properties! These two apartment buildings are being sold as a package deal. Apartment 1515 has 3 units, and apartment 1511 has 2 (soon to be 3) units. They are located on the corner of Capitol and Harrison Avenue. Give your favorite realtor a call today to check them out.

  Morgan Finley Lee Real Estate

  1515 E Capitol Ave, Pierre, SD 57501
• 

  /2

  $579,000

  • 4 Beds

  303 Northern Lights Blvd E, Box Elder, SD 57719

  Welcome to 303 and 305 Northern Lights Blvd E! New duplex under construction with high quality materials at an affordable price. Excellent opportunity in the heart of the growing city of Box Elder, SD. All utilities separately metered. Built with thoughtful, functional design and long-term durability in mind. With stainless kitchen appliances included, natural gas furnaces, central air, granite

  Kelly Howie RE/MAX ADVANTAGE

  303 Northern Lights Blvd E, Box Elder, SD 57719
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  /50

  $315,000

  • 10 Beds
  • 3.5 Baths
  • 4,923 Sq Ft

  602 & 604 E 5th St, Chadron, NE 69337

  Do not inquire through Contact Agent or Schedule a Tour. Contact listing agency directly for fastest response. Expansive, three-unit property on a large corner lot. This property, conveniently located just one block from Chadron Public Schools, features 3 Separate units, all with their own private entrance. The front, Unit 1, is a loft-style property with 4 bedrooms, 1 bathroom, and an open

  Jessica Brueckner Western View Real Estate

  602 & 604 E 5th St, Chadron, NE 69337
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  /67

  $2,400,000

  • 32 Beds
  • 19,200 Sq Ft

  3500 W Hughes Place, Sioux Falls, SD 57108

  Discover this investment opportunity in Sioux Falls, SD. This assembled portfolio of twin homes, built in 2004 and owned by one owner, boasts a history of strong occupancy. The portfolio includes the following addresses: 3500 W. Hughes Place, 3502 W. Hughes Place, 3512 W. Hughes Place, 3514 W. Hughes Place, 3516 W. Hughes Place, 3518 W. Hughes Place, 3600 W. Hughes Place, and 3602 W. Hughes

  Jeff Brooks Brooks Commercial Real Estate

  3500 W Hughes Place, Sioux Falls, SD 57108
• 

  

  /11

  $275,000

  • 4 Beds

  1918 Ivy Ave, Rapid City, SD 57701

  Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

  LORI PAULSEN SAUSER BEST IN THE WEST REALTY

  1918 Ivy Ave, Rapid City, SD 57701
• 

  

  /17

  $275,000

  • 4 Beds

  1914 Ivy Ave, Rapid City, SD 57701

  Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

  LORI PAULSEN SAUSER BEST IN THE WEST REALTY

  1914 Ivy Ave, Rapid City, SD 57701
• 

  

  /17

  $275,000

  • 4 Beds

  1922 Ivy Ave, Rapid City, SD 57701

  Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

  LORI PAULSEN SAUSER BEST IN THE WEST REALTY

  1922 Ivy Ave, Rapid City, SD 57701
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  /20

  $3,799,000

  • Studio

  1931 Russell St, Spearfish, SD 57783

  For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living

  Heath Gran Great Peaks Realty

  1931 Russell St, Spearfish, SD 57783
• 

  

  /22

  $74,900

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  110 E Hwy 20, Cody, NE 01011

  This is the former location of the historic Cowboy Filling Station on the east side of Cody, NE along Highway 20. Situated on almost 3/4 of an acre is a 1,048sqft apartment building featuring a 1 bedroom/1 bath and a 2 bedroom/1 bath. The two-bedroom includes a refrigerator, stove, and stackable washer/dryer and new flooring has been recently installed throughout. The one-bedroom does not include

  Janelle Johnson Stracke Land & Realty

  110 E Hwy 20, Cody, NE 01011
• 

  

  /33

  $599,000

  • 4 Beds
  • 2 Baths
  • 2,960 Sq Ft

  362-364 Beaver Valley Rd, Chadron, NE 69337

  Do not inquire through Contact agent or Request a Tour. Contact Listing agency directly for fastest response. Attention to details typically found in large estates, this custom 2020 build was designed for both functionality and longevity. Situated on 4+- Acres (to be surveyed), the residence boasts designer fixtures in every room and with over 2,900 Sq. Ft. on one-level it is an entertainer's

  Jessica Brueckner Western View Real Estate

  362-364 Beaver Valley Rd, Chadron, NE 69337
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  /62

  $699,000

  • 5 Beds
  • 3 Baths
  • 3,273 Sq Ft

  362 Beaver Valley Rd, Chadron, NE 69337

  Do not inquire through Contact agengt or Schedule a Showing. Contact listing agency directly for fastest response. Video Walk-through!!! At the heart of this property is the distinguished 5-bedroom, 3-bathroom original home, constructed in 2003, overlooking the Big Bordeaux Creek. Inside, modern conveniences seamlessly blend with timeless elegance. The main floor flows nicely from one

  Jessica Brueckner Western View Real Estate

  362 Beaver Valley Rd, Chadron, NE 69337
• 

  

  /33

  $579,000

  • 3 Beds

  505 N River St, Hot Springs, SD 57747

  INVESTMENT OPPORTUNITY. With this acquisition, you will be able to step into an existing income producing property located in the downtown Historic District of Hot Springs. Built in 1910 and originally known as the Medical Block Building, the building offers 6320 sf of commercial space with 3 retail/office store front suites on the main level and an upper level with 3 vacation rental apartments.

  Cathy Mosset HEARTLAND REAL ESTATE

  505 N River St, Hot Springs, SD 57747

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