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Homes for Sale in South Dakota - Investment

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  • /25

    $99,000

    • 3 Beds
    • 1.5 Baths
    • 1,260 Sq Ft

    169 Iowa Ave SE, Huron, SD 57350

    Affordable homeownership is within reach! This charming two-story home offers 3 bedrooms, 2 bathrooms, and 1,260 square feet of comfortable living space all for under $100,000. Conveniently located near downtown, you'll love being able to walk to local shopping, catch a movie, or enjoy an ice cream on a warm summer evening. A new roof installed in 2023 provides added peace of mind, making this

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    Mary Neugebauer

    Montgomery Real Estate

    169 Iowa Ave SE, Huron, SD 57350
  • /36

    $240,000

    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft

    2011 Prairie Ave, Rapid City, SD 57701

    Welcome to 2011 Prairie Ave, Rapid City, SD, tucked back from the street in a quiet, established neighborhood. This well cared for 3 bedroom, 1 bath, 1 Car Garage home offers the comfort and convenience of one level living with no stairs. The thoughtfully designed floor plan features bedrooms spread throughout the home, providing added privacy for family members or guests. Relax on the private

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    Scott Lawhun

    BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

    2011 Prairie Ave, Rapid City, SD 57701
  • /35

    $999,999

    $200K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,083 Sq Ft

    24492 Oak Meadows Ct Unit 24494 Oak Meadows Ct, Keystone, SD 57751

    Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home

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    Dante Colicheski

    BLACK HILLS REALTY

    24492 Oak Meadows Ct Unit 24494 Oak Meadows Ct, Keystone, SD 57751
  • /40

    $899,000

    • 5 Beds
    • 3 Baths
    • 2,561 Sq Ft

    21183 Gilded Mountain Lp, Lead, SD 57754

    Listed by Henry Ulrich, Ascend Realty, 605-490-2040. Welcome to this established, income-producing Black Hills vacation rental in the highly sought-after Gilded Mountain community. Whether you're looking for a turnkey investment property, a personal mountain retreat, or both, this fully furnished 5-bedroom, 3-bath home is ready to go from day one. Ideally located just minutes from Terry Peak Ski

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    Henry Ulrich

    ASCEND REALTY INC.

    21183 Gilded Mountain Lp, Lead, SD 57754
  • /39

    $749,000

    $101K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 2,531 Sq Ft

    12565 Bighorn Rd, Whitewood, SD 57793

    For more information, please contact listing agent Michael Warwick 605-641-2569 with Great Peaks Realty. Welcome to this one-of-a-kind property just outside of Whitewood, offering endless possibilities on 11.16 acres. Whether you're looking for a residence, workshop space, hobby property, or investment opportunity, this unique setup provides room to make it your own! The shop with living quarters

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    Michael Warwick

    Great Peaks Realty

    12565 Bighorn Rd, Whitewood, SD 57793
  • /5

    $110,000

    $10K PRICE DROP
    • Land
    • 17,302 Sq Ft
    • $276,939 per Acre

    185 Lake Ridge Dr, Wentworth, SD 57075

    Welcome to the Lakes Community located between Lake Madison and Lake Brant. This walk out lot is located on hole number 4 of the Lakes Golf Course. Great views of Round Lake, Hole number 3 green and hole number 4 tee box. Living on the golf course is like being on vacation all year long. The small HOA fee takes care of street lights and a park that borders Round Lake with a community dock,

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    Todd Nelson

    Harr & Lemme Real Estate

    185 Lake Ridge Dr, Wentworth, SD 57075
  • /8

    $33,500

    • 2 Beds
    • 1 Bath
    • 976 Sq Ft

    122 S Roosevelt St, Aberdeen, SD 57401

    Affordable, move-in ready, and exceptionally well maintained! This 2 bedroom, 1 bath mobile home is in excellent condition and ready for its new owner. Enjoy a bright, comfortable living space, a convenient carport, and two storage sheds for all your outdoor and seasonal needs. Whether you're looking for your first home, downsizing, or an investment opportunity, this property offers low

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    Nancy Bauer

    FIRST PREMIER REALTY, LLC

    122 S Roosevelt St, Aberdeen, SD 57401
  • /8

    $3,750,000

    $700K PRICE INCREASE
    • Land
    • 24.76 Acres
    • $151,454 per Acre

    TBD Liberty, Box Elder, SD 57719

    Listed by Kevin Andreson, KWBH 605-646-5409. Commercial Development Opportunity | Box Elder, South Dakota Positioned in one ofthe fastest-growing corridors in the Black Hills region, this development-ready commercial site in Box Elder offers exceptional potentialfor multifamily, mixed-use, or residential investment. Located just minutes from the main gate at Ellsworth Air Force Base—and

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    Kevin Andreson

    Keller Williams Realty Black Hills SP

    TBD Liberty, Box Elder, SD 57719
  • /25

    $199,000

    $26K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,103 Sq Ft

    201 W Mcclellan St, Lead, SD 57754

    Listed by Michelle Chenoweth eXp Realty -Welcome to 201 W McClellan Street in Lead, SD — a cute and cozy Black Hills getaway with stunning views of Lead’s historic Open Cut. This 2 bedroom, 1 bathroom home offers character, comfort, and strong appeal as a vacation rental, Airbnb investment property, or full-time residence in the heart of Lead. Inside, you’ll find charming living spaces with

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    Michelle Chenoweth

    EXP REALTY

    201 W Mcclellan St, Lead, SD 57754
  • /12

    $125,000

    433 S Madison St, Winner, SD 57580

    Built in 2016, this versatile property offers a total of 1,344 sq. ft. and is packed with potential. The spacious 960 sq. ft. garage includes two 12 ft automatic doors with convenient alley access, plus a walk-in door. There is also an additional 384 sq. ft. of possible work or office space - perfect for creating a private studio, or workspace tailored to your needs. Enjoy a generous 720 sq. ft.

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    Kay Bolton

    South Central Realty

    433 S Madison St, Winner, SD 57580
  • /100

    $980,000

    • 5,220 Sq Ft

    1107 S Foss Ave, Sioux Falls, SD 57110

    Luxury Duplex Investment Opportunity | Dawley Farms Village Addition | Sioux Falls, SD Premium New Construction Duplex Designed for Strong Returns and Long-Term Value Rare opportunity to acquire a luxury new-construction duplex in one of Sioux Falls' fastest-growing east-side locations near Dawley Farm Village. Purpose-built to attract high-income tenants, this exceptional investment combines

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    David Shelton

    CENTURY 21 Advantage

    1107 S Foss Ave, Sioux Falls, SD 57110
  • /10

    $50,000

    • Land
    • 21,344 Sq Ft
    • $102,041 per Acre

    Lot 12 Wedgewood Dr, Hot Springs, SD 57747

    Beautiful .49-acre (zoned Residential B) lot offering a rare combination of privacy, views, and in-town convenience. This ready-to-build parcel features a gentle layout with scattered trees and natural grass, providing both character and usable space for your future home. Enjoy scenic views of portions of the iconic Seven Sisters range while still being just minutes from downtown Hot Springs,

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    Joel Hawkins

    Heartland Real Estate

    Lot 12 Wedgewood Dr, Hot Springs, SD 57747
  • /10

    $46,500

    $7K PRICE DROP
    • Land
    • 13,503 Sq Ft
    • $150,000 per Acre

    L1,B7 Johnson Addition, Arlington, SD 57212

    Prime Corner Lot in Arlington - Johnson Addition Don't miss this excellent opportunity to own a spacious 0.31-acre corner lot in the desirable Johnson Addition of Arlington, SD. This nicely situated property offers tons of potential for your next investment build or personal residence. With its corner location, you'll enjoy added flexibility for design, access, and curb appeal. Whether you're

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    Josh Nelson

    Best Choice Real Estate

    L1,B7 Johnson Addition, Arlington, SD 57212
  • /40

    $409,900

    • 4 Beds
    • 3 Baths
    • 2,496 Sq Ft

    2358 Hillside Ct, Sturgis, SD 57785

    Welcome to a charming hillside retreat in Sturgis at 2358 Hillside Court. Nestled in a quiet cul-de-sac, this well-maintained, private, one owner townhome offers comfortable living with a scenic Black Hills backdrop. Situated on a manageable lot, this property provides a great balance of outdoor space and low maintenance. Inside, you will find a welcoming layout with ample natural light,

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    STEPHANIE NESSELHUF

    RE/MAX ADVANTAGE

    2358 Hillside Ct, Sturgis, SD 57785
  • /6

    $75,000

    • Land
    • 12,998 Sq Ft
    • $251,340 per Acre

    0 Lake Dr Dr Unit 22501565, Wentworth, SD 57075

    Welcome to the Lakes Community located between Lake Madison and Lake Brant. This lot is located on hole number 9 of the Lakes Golf Course. Views of Round Lake, Hole number 9 tee box & fairway. Living on the golf course is like being on vacation all year long. The small HOA fee takes care of streetlights and a park that borders Round Lake with a community dock, playground, sand volleyball court

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    Todd Nelson

    Harr & Lemme Real Estate

    0 Lake Dr Dr Unit 22501565, Wentworth, SD 57075
  • /3

    $149,900

    $100K PRICE DROP
    • Land
    • 1 Acre
    • $149,900 per Acre

    L3 Archer 3rd Addition, Estelline, SD 57234

    Get ready for summer with this backlot available on Lake Poinsett offering an acre of space in a booming lake community! Enjoy the feel of lake life with plenty of room for a home, shop, or future investment. Located in a high demand area with continued growth, this lot provides privacy, flexibility, and strong long term potential just steps from one of the region's most popular lakes. Buy now

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    Kelan Bludorn

    Best Choice Real Estate

    L3 Archer 3rd Addition, Estelline, SD 57234
  • /42

    $999,999

    $200K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,083 Sq Ft

    24492 Oak Meadows Ct, Keystone, SD 57751

    Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home

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    Dante Colicheski

    Black Hills SD Realty

    24492 Oak Meadows Ct, Keystone, SD 57751
  • /16

    $89,900

    $10K PRICE DROP
    • Land
    • 4.38 Acres
    • $20,525 per Acre

    Lot 7 Antelope Creek Rd, Box Elder, SD 57719

    Country living with beautiful skyline views of the Black Hills and rolling plains. What an opportunity to create your dream home just outside of town. This property is already complete with a THREE-SIDED PERIMETER FENCE, Association Water, & Electric to the lot as well as a county-maintained road. This is it folks! Look no further, basic covenants to protect your investment, gives you room to

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    Jamie Boomsma

    THE REAL ESTATE GROUP, INC.

    Lot 7 Antelope Creek Rd, Box Elder, SD 57719
  • /34

    $265,000

    • 4 Beds

    811 Willsie Ave Unit 811, 813, Rapid City, SD 57701

    Offered by Dante Colicheski Black Hills Realty. Excellent investment opportunity in a convenient Rapid City location! This well-maintained duplex offers two spacious units, each with its own private entrance, ample parking, and functional layouts. Both units feature generous living areas, full kitchens, and in-unit laundry hookups, making them highly attractive to tenants. Whether you’re looking

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    Dante Colicheski

    BLACK HILLS REALTY

    811 Willsie Ave Unit 811, 813, Rapid City, SD 57701
  • /8

    $130,000

    • Land
    • 41,382 Sq Ft
    • $136,842 per Acre

    Lot 1 , B3 Johnson's Addition, Arlington, SD 57212

    A RARE OPPORTUNITY IN ARLINGTON'S JOHNSON ADDITION!Looking for space, income potential, or a place to host your own getaway? This unique property sits just shy of 1 acre and is fully set up with 13 full hook-up campsites, each featuring electric (50 & 30 amp), water, and sewer connections. Whether you're catering to campers, planning events, or looking for additional income streams, the

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    Josh Nelson

    Best Choice Real Estate

    Lot 1 , B3 Johnson's Addition, Arlington, SD 57212
  • /7

    $360,000

    • 3,632 Sq Ft

    207 W 14th St, Sioux Falls, SD 57104

    Located in the heart of downtown Sioux Falls, this triplex presents an excellent opportunity for investors seeking reliable rental income and long-term growth. Its prime location near popular restaurants, shopping, and entertainment drives strong tenant appeal and occupancy potential. Whether expanding your portfolio or entering the investment market, this property offers a solid foundation for

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    Chris Chase

    Axen Realty LLC

    207 W 14th St, Sioux Falls, SD 57104
  • /22

    $50,000

    • Land
    • 14,810 Sq Ft
    • $147,059 per Acre

    TBD S 4th St, Hot Springs, SD 57747

    Build-ready opportunity in Hot Springs! This 0.34-acre lot offers scenic views of the surrounding hills and the town below, with power already at the lot line. Located on the edge of developed infrastructure, city water and sewer are nearby in the unfinished portion of 4th Street, offering potential for future connections. Ideal for a primary residence, second home, or investment build in a

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    Joel Hawkins

    Heartland Real Estate

    TBD S 4th St, Hot Springs, SD 57747
  • /43

    $219,900

    • 2 Beds
    • 1 Bath
    • 1,600 Sq Ft

    335 N Plum St, Vermillion, SD 57069

    Welcome home to this fantastic, versatile property located just steps from campus! Whether you are looking for a vibrant single-family home or a smart investment opportunity, this turnkey residence delivers on every front.Inside, a bright and welcoming living space features gorgeous original hardwood floors and a modern, updated kitchen. The flexible layout effortlessly serves as a 2 or 3-bedroom

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    Parker Erickson

    Dakota Realty

    335 N Plum St, Vermillion, SD 57069
  • /5

    $125,000

    • Land
    • 15,324 Sq Ft
    • $355,316 per Acre

    163 Lake Ridge Dr Dr, Wentworth, SD 57075

    Welcome to the Lakes Community located between Lake Madison and Lake Brant. This walk out lot is located on hole number 7 of the Lakes Golf Course. Great views of Hole number 6 green and Hole number 5 & 7 teebox. Living on the golf course is like being on vacation all year long. The small HOA fee ($150/year) takes care of streetlights and a park tha tborders Round Lake with a community dock,

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    Todd Nelson

    Harr & Lemme Real Estate

    163 Lake Ridge Dr Dr, Wentworth, SD 57075
  • /4

    $44,500

    • Land
    • 17,424 Sq Ft
    • $111,250 per Acre

    TBD 3 W 12th St, Webster, SD 57274

    Build Your Dream in Webster! Three prime residential parcels available -- buy one or combine for more space!. Inside city limits with access to utilities .No covenants - bring your own design and vision .Plenty of room for home, garage, shop, or investment property. Located in a highly sought after neighborhood in Webster Location: Webster, SD - close to schools, parks, and downtown • Lot 7

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    Jim Pieper

    JP REAL ESTATE

    TBD 3 W 12th St, Webster, SD 57274
  • /2

    $44,500

    • Land
    • 17,424 Sq Ft
    • $111,250 per Acre

    TBD 2 W 12th Ave, Webster, SD 57274

    Build Your Dream in Webster! Three prime residential parcels available -- buy one or combine for more space! Inside city limits with access to utilities, No covenants - bring your own design and vision .Plenty of room for home, garage, shop, or investment property. Located in a highly sought after neighborhood in Webster. Location: Webster, SD - close to schools, parks, and downtown • Lot 8 (0.40

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    Jim Pieper

    JP REAL ESTATE

    TBD 2 W 12th Ave, Webster, SD 57274
  • /9

    $225,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    2108 Cooper Loop, Sturgis, SD 57785

    Great starter home or investment opportunity located in Sturgis, SD! This charming 2 bedroom, 1 bath, 816 square foot home is located in an established neighborhood close to many amenities, including shopping, dining and more! The home features a comfortable layout, a fenced-in backyard, and plenty of potential for an owner-occupant or investor. Don’t miss your chance to own this affordable home

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    Carri Odle

    eXp Realty

    2108 Cooper Loop, Sturgis, SD 57785
  • /2

    $80,500

    • Land
    • 33,105 Sq Ft
    • $105,921 per Acre

    TBD TBD 1 12th Ave W, Webster, SD 57274

    Build Your Dream in Webster! Three prime residential parcels available -- buy one or combine for more space!. Inside city limits with access to utilities .No covenants - bring your own design and vision .Plenty of room for home, garage, shop, or investment property. Located in a highly sought after neighborhood in Webster Location: Webster, SD - close to schools, parks, and downtown • Lot 13 & 14

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    Jim Pieper

    JP REAL ESTATE

    TBD TBD 1 12th Ave W, Webster, SD 57274
  • /48

    $1,149,000

    $251K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 5,632 Sq Ft

    3103 E Fairgrounds Loop, Spearfish, SD 57783

    Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information. Take a look at this opportunity for an established commercial building with tenants in place and room to expand. Located just off I-90, exit 8, in the Spearfish Industrial Park this commercial space produces great income and potential for more. Main floor is 4800+- square feet featuring 4 separate

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    Brandon Harvey

    Great Peaks Realty

    3103 E Fairgrounds Loop, Spearfish, SD 57783
  • /10

    $45,000

    • Land
    • 18,295 Sq Ft
    • $107,143 per Acre

    Lot 13 Wedgewood Dr, Hot Springs, SD 57747

    Beautiful .42-acre Residential B lot offering a rare combination of privacy, views, and in-town convenience. This ready-to-build parcel features a gentle layout with scattered trees and natural grass, providing both character and usable space for your future home. Enjoy scenic views of portions of the iconic Seven Sisters range while still being just minutes from downtown Hot Springs, schools,

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    Joel Hawkins

    Heartland Real Estate

    Lot 13 Wedgewood Dr, Hot Springs, SD 57747
  • /29

    $825,900

    $24K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,154 Sq Ft

    21170 Gilded Mountain Rd, Lead, SD 57754

    For more information, please contact listing agents Michael Warwick 605-641-2569 or Heath Gran 605-209-2052 with Great Peaks Realty. Welcome to this charming and inviting 4-bedroom, 3-bath cabin located in the highly desirable Gilded Mountain subdivision! Situated on approximately 0.41 acres, this cozy and beautifully designed retreat offers the perfect blend of comfort, style, and Black Hills

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    Michael Warwick

    Great Peaks Realty

    21170 Gilded Mountain Rd, Lead, SD 57754
  • /2

    $39,900

    • Land
    • 0 Sq Ft

    L12, B2 Milparc North Addition Unit Walnut Street, Aurora, SD 57002

    Don't miss this opportunity to get your lot in Milparc North Addition!! This is the last part of the Milparc Addition that will be available. When these lots are gone, the Milparc Addition will be complete! Get your piece of dirt now!! *Listing Brokers are licensed Real Estate Agents in the State of SD and are owners of KG Investments LLC.

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    Ryan Krogman

    Krogman & Company Real Estate

    L12, B2 Milparc North Addition Unit Walnut Street, Aurora, SD 57002
  • /27

    $185,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,825 Sq Ft

    1203 E Cherry St, Vermillion, SD 57069

    Step into this beautifully refreshed 4-bedroom, 2-bathroom home located on the vibrant Cherry Street. Featuring brand-new carpet and fresh paint throughout, this residence offers the pristine feel of a new build. Situated on a main Vermillion artery, you are just minutes away from the University of South Dakota campus.This property is fully up to rental code and has a proven track record,

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    Parker Erickson

    Dakota Realty

    1203 E Cherry St, Vermillion, SD 57069
  • /17

    $194,000

    • Land
    • 3.25 Acres
    • $59,692 per Acre

    Lot 7 Caledonia Trail, West Custer, SD 57730

    Listed by Alisha Godbey, NavX Realty, 605-440-7350. Opportunities like this are becoming increasingly rare. Bordering Black Hills National Forest, this exceptional 3.25-acre property offers beautiful views, mature Ponderosa pines, privacy, and an incredible setting to create your dream home, mountain retreat, or vacation getaway. Underground electric and Golden West fiber optic high-speed

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    ALISHA GODBEY

    NavX Realty

    Lot 7 Caledonia Trail, West Custer, SD 57730
  • /8

    $75,000

    $25K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,280 Sq Ft

    412 SW 2nd St, Madison, SD 57042

    Investment opportunity in Madison! This four-bedroom, one-bathroom residence offers opportunity for rental income or value-add renovation. The home features convenient main-floor laundry and a functional layout. Located just a short distance from downtown, the property provides easy access to shopping, dining, and local amenities—an appealing option for tenants. Property is being sold AS IS.

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    Julie Jones

    Signature Realty Group LLC

    412 SW 2nd St, Madison, SD 57042
  • /2

    $39,900

    • Land
    • 0 Sq Ft

    L10, B2 Milparc North Addition Unit Walnut Street, Aurora, SD 57002

    Don't miss this opportunity to get your lot in Milparc North Addition!! This is the last part of the Milparc Addition that will be available. When these lots are gone, the Milparc Addition will be complete! Get your piece of dirt now!! *Listing Brokers are licensed Real Estate Agents in the State of SD and are owners of KG Investments LLC.

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    Ryan Krogman

    Krogman & Company Real Estate

    L10, B2 Milparc North Addition Unit Walnut Street, Aurora, SD 57002
  • /4

    $525,000

    • 2,996 Sq Ft

    707 709 W 8th St St, Sioux Falls, SD 57104

    Discover a well-maintained, multi-family investment ideally located near downtown, nestled among some of the city's most desirable historic homes. This property offers stable income potential with each unit featuring electric appliances and large windows that fill the spaces with natural light. Tenants enjoy access to a convenient coin-operated laundry facility and a private patio area. The

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    Dana Fisher

    Grand Sothebys International Realty

    707 709 W 8th St St, Sioux Falls, SD 57104
  • /13

    $309,900

    $20K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 2,010 Sq Ft

    713 E 29th St, Sioux Falls, SD 57105

    Tucked into one of Sioux Falls’ most beloved and walkable neighborhoods, this three-bedroom, one-and-a-half-bath home is a fixer-upper’s dream — full of potential and priced for the buyer ready to bring it to life. Just blocks from the iconic McKennan Park, the crown jewel of the city’s park system, this property places you within easy reach of sunken gardens, tennis courts, a free wading pool,

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    Spencer Mannes

    CORE Real Estate

    713 E 29th St, Sioux Falls, SD 57105
  • /12

    $185,000

    • Land
    • 11.68 Acres
    • $15,839 per Acre

    25935 395th Ave, Mount Vernon, SD 57363

    Welcome to a rare opportunity to own a stunning 11.68-acre parcel of land that seamlessly blends the tranquility of nature with the convenience of country living. Nestled just minutes from Mitchell, Mt. Vernon and Stickney, this remarkable property is perfect for those seeking a peaceful retreat, an investment opportunity, or a canvas for your dream home.

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    Jessica Tollefson

    Janklow Eliason Real Estate

    25935 395th Ave, Mount Vernon, SD 57363
  • /39

    $270,000

    • 4 Beds
    • 1.5 Baths
    • 1,688 Sq Ft

    2916 S Walts Ave, Sioux Falls, SD 57105

    Here's your chance to own a charm home in the heart of Sioux Falls! This inviting home features 4 bedrooms and 2 bathrooms, offering plenty of space for family, guests, or a home office. The layout has a comfortable, practical flow that's easy to enjoy from day one. The basement is a blank canvas for its new owners to make their own! Outside, you'll appreciate the yard with room to relax,

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    Chris Chase

    Axen Realty LLC

    2916 S Walts Ave, Sioux Falls, SD 57105

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