Homes for Sale in South Dakota - Investment

/28
$1,100,665
- Land
- 95.71 Acres
- $11,500 per Acre
48498 299th St, Hawarden, SD 51023

95.71+/- Acres Of High Quality Farmland For Sale Located In Virginia North TWP, Union County, SD! This Farm Is Located North Of Hawarden, IA & Northeast Of Alcester, SD! If You Are Looking To Expand Your Operation Be Sure To Check Out This Farm! Location: From Hawarden, IA go North on HWY 10 for 3 miles to 299th Street then go West on 299th Street for 1/2 mile to the site of the

Ryan Zomer Zomer Company

48498 299th St, Hawarden, SD 51023
/16
$95,000
- 3 Beds
- 1 Bath
- 951 Sq Ft
927 W Main St, Vermillion, SD 57069

Great opportunity for a home or investment property. Owner has priced to sell as-is. It is a fixer-upper, but plenty has been done already. New sewer and water line from house to street and new roof 2 years ago. New flooring in kitchen and bathroom as well as new carpet (needs to be stretched). Quonset out back has electrical to it and concrete floor. Foundation and windows will either need work

Jessi Wilharm Maloney Real Estate

927 W Main St, Vermillion, SD 57069
/18
$254,900
- 5 Beds
- 2 Baths
- 1,731 Sq Ft
302 S Highland Ave, Sioux Falls, SD 57103

Newly-remodeled five bedroom, two bathroom home with investment potential, featuring modern finishes and thoughtful upgrades throughout. With a spacious layout, refreshed kitchen and baths, new flooring, paint, and fixtures, this home is truly move-in ready. Other updates include new furnace and AC, new garage door, updated electrical panel and roof. Whether you're looking for a comfortable

Allison Moses Falls Real Estate

302 S Highland Ave, Sioux Falls, SD 57103
/28
$275,000
- 3 Beds
- 2 Baths
- 1,964 Sq Ft
180 Beaver Beach Rd, Utica, SD 57067

Investor Opportunity – Lake View Home on 3.77 Acres! This 3-bedroom, 2 bath home sits on 3.77 scenic acres with a beautiful view of State Lake and offers plenty of potential for updates or customization. Featuring a functional layout and solid structure, the property is a great candidate for renovation, resale, or long-term investment. The spacious lot allows room for expansion or outdoor

Tara Portillo Americas Best Realty

180 Beaver Beach Rd, Utica, SD 57067
/32
$305,000
- 2 Beds
- 2 Baths
- 1,083 Sq Ft
3953 Fairway Hills Dr, Rapid City, SD 57702

Are you Looking for safe, relaxing & carefree living? Look no further than this must-see MAIN level condo. Located in beautiful SW Rapid City with views of trees & wildlife in a park setting with walking trails...pickleball courts...a community center, work out facility, fountains & a swimming pool. This well kept 2 bedroom 2 bath condo has so many updates...a washer/dryer in the condo, LED

Jennifer Landguth Hegg Realtors, Deadwood

3953 Fairway Hills Dr, Rapid City, SD 57702
/12
$124,900
- Land
- 1.76 Acres
- $70,966 per Acre
Lot 6 Anderson Rd, Summerset, SD 57718

New Summerset, SD Subdivision - Summerset Meadows Estates offers spacious views of the surrounding Black Hills with larger lot sizes ranging 1.6-3.9 acres, all along paved roads with electric, water and gas nearby. Lots are perfect for the homeowner looking for a little bit of elbow room and space to build a shop. Each lot will need its own septic. Conveniently located close to the interstate

Ariel Rudland WEST RIVER REALTY, LLC

Lot 6 Anderson Rd, Summerset, SD 57718
/12
$124,900
- Land
- 1.81 Acres
- $69,006 per Acre
Lot 5 Anderson Rd, Summerset, SD 57718

New Summerset, SD Subdivision - Summerset Meadows Estates offers spacious views of the surrounding Black Hills with larger lot sizes ranging 1.6-3.9 acres, all along paved roads with electric, water and gas nearby. Lots are perfect for the homeowner looking for a little bit of elbow room and space to build a shop. Each lot will need its own septic. Conveniently located close to the interstate

Ariel Rudland WEST RIVER REALTY, LLC

Lot 5 Anderson Rd, Summerset, SD 57718
/12
$124,900
- Land
- 1.69 Acres
- $73,905 per Acre
Lot 4 Anderson Rd, Summerset, SD 57718

New Summerset, SD Subdivision - Summerset Meadows Estates offers spacious views of the surrounding Black Hills with larger lot sizes ranging 1.6-3.9 acres, all along paved roads with electric, water and gas nearby. Lots are perfect for the homeowner looking for a little bit of elbow room and space to build a shop. Each lot will need its own septic. Conveniently located close to the interstate

Ariel Rudland WEST RIVER REALTY, LLC

Lot 4 Anderson Rd, Summerset, SD 57718
/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
/29
$807,500
- Land
- 2.1 Acres
- $384,524 per Acre
116 & 118 Sunset Park Dr, Lake Poinsett, SD 57234

A unique opportunity awaits at Sunset Park on beautiful Lake Poinsett. This listing features two separate lakefront properties, each offered with its own corresponding backlot. These parcels are available together as full lake and backlot sets or can be purchased individually to fit your needs. Each lakefront lot offers wide, unobstructed views of Lake Poinsett with direct water access,

Katie Graeb Whitetail Properties Real Estate, LLC

116 & 118 Sunset Park Dr, Lake Poinsett, SD 57234
/24
$237,500
- 2 Beds
- 1 Bath
- 768 Sq Ft
17 St Andrew St, Rapid City, SD 57701

Welcome to this nicely updated home in Southeast Rapid City! This charming 2-bedroom, 1-bath gem features newer siding and central AC—offering comfort, efficiency, and peace of mind. Step inside to find a bright and inviting living space that’s been lovingly maintained. Outside, enjoy the patio with privacy screen, the convenience of a detached garage, and a nicely sized yard perfect for relaxing

Jaima Knutson RE/MAX RESULTS

17 St Andrew St, Rapid City, SD 57701
/31
$649,000
- 6 Beds
- 3 Baths
- 3,313 Sq Ft
21179 Lookout Trail, Lead, SD 57754

Outstanding investment opportunity for a vacation rental at Terry Peak. This large 6 bedroom/3-bathroom charmer sleeps 20! Fully furnished down to the hot tub to allow immediate income producing capability. 3 levels create room to roam inside and out, with multi-level decks and a separate kitchen downstairs. Perfect for multi-family and large group rentals. The original wood floors run throughout

Heath Gran GREAT PEAKS REALTY MUNRO & GRAN

21179 Lookout Trail, Lead, SD 57754
/40
$1,500,000
- 5 Beds
- 3 Baths
- 3,696 Sq Ft
11863 W Argyle Rd, Custer, SD 57730

Welcome to your dream retreat in the Black Hills! Set on approx. 48 acres at 11863 W Argyle Rd in Custer, SD, this property offers unmatched privacy, views, and income potential. The fully updated 5-bed, 3-bath home sits on a gentle rise, showcasing panoramic vistas of rolling hills and meadows. Inside, the open layout features Pella windows, granite countertops, butcher block island, Cafe

HEATH SHIELDS Engel & Völkers

11863 W Argyle Rd, Custer, SD 57730
/33
$175,000
- Land
- 8.25 Acres
- $21,212 per Acre
Lot 1 Block 2 Aspen Way, Whitewood, SD 57793

Absolutely stunning place to build YOUR Retreat in the Hills! If you are looking for trees, here they are!! This lot is situated at the end of the cul-de-sac, tucked up in the beautiful trees! Very close to the town of Whitewood but feels super private and remote! Wildlife still roams in the area which just adds to the wild and natural feel of this property! Covenants are in place to protect your

ERIN GOULD THE REAL ESTATE GROUP, INC.

Lot 1 Block 2 Aspen Way, Whitewood, SD 57793
/17
$162,300
- 2 Beds
- 1 Bath
- 918 Sq Ft
208 3rd St SW, de Smet, SD 57231

Welcome to this adorable 2-bedroom, 1-bath home that's full of charm and potential! Perfect for first-time buyers or anyone looking to downsize, this cozy home offers a bright and inviting living space, a functional kitchen, and two comfortable bedrooms. Step outside to a detached single garage perfect for extra storage or keeping your car out of the South Dakota weather. Located in the heart of

Molly Shelton Elevate Real Estate

208 3rd St SW, de Smet, SD 57231
/39
$154,900
- 2 Beds
- 1 Bath
- 1,045 Sq Ft
307 S Johnson St, Canton, SD 57013

Perfect for your next investment property or a great first home to build equity! This 1.5-story, 2-bedroom, 1-bath home offers tons of potential with just a few cosmetic updates. The main floor features a spacious living room, formal dining area, large full bathroom with laundry combo, kitchen with pantry, and a main floor bedroom. Upstairs you’ll find a generously sized bedroom with an expansive

Shawn Giedd Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

307 S Johnson St, Canton, SD 57013
/12
$250,000
- 1 Bed
- 1 Bath
- 991 Sq Ft
48052 328th St, Elk Point, SD 57025

Here’s your chance to own a piece of South Dakota’s stunning countryside! This charming 1-bedroom, 1-bathroom home, located on a generous 11.65 -acre lot in Elk Point, is the perfect canvas for someone looking for a fixer-upper project with endless potential. Whether you’re looking for a country retreat, a small hobby farm, or a future investment, this property is full of possibilities! The home

Sue Stanek Keller Williams Siouxland

48052 328th St, Elk Point, SD 57025
/10
$850,000
- Land
- 8.33 Acres
- $102,041 per Acre
TBD Thompson St Unit TBD Thompson St., Whitewood, SD 57793

8.33 acres of prime commercial real estate - Lot is located on the corner of Interstate 90 and Hwy 34 in Whitewood. Offering fantastic exposure and convenient access. Great investment opportunity for anyone looking to take advantage of the ever-growing Nothern Hills corridor. With flexible zoning, this property is open to a wide range of uses.

Travis Haan BLACK HILLS REALTY

TBD Thompson St Unit TBD Thompson St., Whitewood, SD 57793
/40
$199,000
- 3 Beds
- 2 Baths
- 1,230 Sq Ft
822 Lawrence St, Belle Fourche, SD 57717

Sellers are offering a $5000 credit to the buyer for prepaid expenses and closing costs for full price offer. Location Location location, close to shopping, post office and schools, a great home without a huge investment. Large back yard would be a great space for a garden. The garage has a work shop in the rear for the hobbyist in the family.

Cathy Buckmaster The Real Estate Center of Spearfish

822 Lawrence St, Belle Fourche, SD 57717
/3
$34,900
- Land
- 6.02 Acres
- $5,797 per Acre
N/A W Cherry St, Vermillion, SD 57069

PRICED TO SELL!!!! Discover the perfect blend of rural charm and development potential with this beautiful parcel of land zoned Agricultural (AG), located on the edge of town. This scenic property offers a peaceful, private setting with mature trees and natural beauty. With its prime location just outside the city limits, the land enjoys easy access to town amenities while retaining the open

Tonya Madsen Dakota Realty

N/A W Cherry St, Vermillion, SD 57069
/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
/14
$60,000
- 2 Beds
- 2 Baths
- 960 Sq Ft
833 E Duke St Unit 10, Vermillion, SD 57069

Don’t miss this modern and move-in-ready 2-bedroom, 2-bath mobile home located directly across the street from campus—perfect for students, faculty, or anyone looking for convenient living! Step inside to a bright, stylish interior with an open layout, contemporary finishes, and great natural light. The spacious primary suite includes a private attached bath for added comfort. Whether you're

Nicholas Blau Real Broker LLC

833 E Duke St Unit 10, Vermillion, SD 57069
/38
$1,652,650
2410 135th St, Aberdeen, SD 57401

An exceptional opportunity to acquire 226± deeded acres, including 202.20± tillable acres of highly versatile land on the southern edge of Aberdeen, South Dakota. Strategically positioned with easy access to Highway 281, the property features a compelling mix of productive agricultural soils-all within close proximity to city infrastructure and growth corridors.Currently utilized for agricultural

Kasey Wipf Hayden Outdoors Real Estate

2410 135th St, Aberdeen, SD 57401
/10
$129,000
- Land
- 0.23 Acre
- $560,870 per Acre
Lot 2 Block 1 5th Ave, Spearfish, SD 57783

Scenic Lot in Falcon Crest - Build your dream home in one of Spearfish’s most sought-after neighborhoods—Falcon Crest. This rare .23-acre single-family residential lot offers incredible views of Crow Peak and Lookout Mountain, all while being tucked into a peaceful setting. Enjoy a sense of seclusion with the convenience of being minutes from downtown, schools, shopping, and quick access to I-90.

Jeffery Christians REAL BROKER - SPEARFISH

Lot 2 Block 1 5th Ave, Spearfish, SD 57783
/10
$159,000
- Land
- 0.23 Acre
- $691,304 per Acre
Lot 1A&1B Blk 1 5th Ave, Spearfish, SD 57783

Rare Duplex Lot in Spearfish – Don't miss this incredible opportunity to build your dream townhome or next investment in the desirable Falcon Crest subdivision. This .23-acre lot is zoned for a duplex and offers stunning views of Crow Peak and Lookout Mountain. The location offers just the right amount of seclusion while still being minutes from downtown, schools, shopping, and easy access to

Jeffery Christians REAL BROKER - SPEARFISH

Lot 1A&1B Blk 1 5th Ave, Spearfish, SD 57783
/49
$529,000 Open Fri 11AM - 1PM
- 4 Beds
- 3.5 Baths
- 1,400 Sq Ft
1114 N 3rd St, Waubay, SD 57273

Whether you are looking for a peaceful year-round residence, a spacious vacation home, or an investment with unbeatable charm, this property is ready to welcome you. Situated near Blue Dog Lake, this home offers the perfect blend of serenity and recreation. Generously sized rooms provide ample space for family, guests, or a home office setup. Every bathroom is well-appointed for comfort and

Charlotte Andres Charlotte Andres Real Estate

1114 N 3rd St, Waubay, SD 57273
/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
/38
$450,000
- 3 Beds
- 2 Baths
- 1,730 Sq Ft
724 Stony Pointe Trail Unit 407, Watertown, SD 57201

**SELLER IS WILLING TO ENTERTAIN OWNER FINANCE FOR 1 YEAR AT 5%! LAKE LIVING MADE EASY! THIS WELL-PRICED, MOSTLY FURNISHED (SEE LIST UNDER DOCUMENTS) 3 BED, 2 BATH CONDO AT SOUGHT-AFTER STONY POINT ON LAKE KAMPESKA IS YOUR TURNKEY ESCAPE! TAKE IN GORGEOUS LAKE VIEWS FROM YOUR PRIVATE BALCONY! ENJOY A CUSTOM KITCHEN WITH QUARTZ COUNTERTOPS, A SPACIOUS MASTER SUITE WITH DOUBLE SINKS & WALK-IN

Jill Schoenefeld PLATINUM REALTY, INC.

724 Stony Pointe Trail Unit 407, Watertown, SD 57201
/42
$99,000
- 2 Beds
- 1 Bath
- 1,118 Sq Ft
400 6th Ave, Edgemont, SD 57735

Listed by Amanda Carlin 605-440-7587 with Lampert Properties. Welcome Home to Comfort, Charm, and Opportunity This delightful 2-bedroom, 1-bath home is more than just a cozy retreat—it's a smart investment in a friendly, close-knit community. Located just blocks from schools and downtown Edgemont, you'll appreciate the convenience while enjoying the peaceful pace of small-town life. Inside,

Amanda Carlin Lampert Properties

400 6th Ave, Edgemont, SD 57735
/5
$239,900
- Land
- 0.49 Acre
- $489,592 per Acre
TBD Smokey Ct Unit Lot 31 Blk 8 Trail S, Lead, SD 57754

This beautiful lot is nestled in the highly sought after Powder House Pass development or you can enjoy the amenities of the clubhouse and outdoor heated pool. The possibilities to build your dream home or a rental investment property are endless! Beautiful aspen and pine trees are scattered through the property. Convenient access to Mickelson Trail and also Highway 14A. HOA Dues are payable

Audra Nelson Bailey VYLLA HOME

TBD Smokey Ct Unit Lot 31 Blk 8 Trail S, Lead, SD 57754
/8
$239,900
- Land
- 0.49 Acre
- $489,592 per Acre
TBD Lot31 Blk8 Smokey Stoke Ct, South Lawrence, SD 57754

This beautiful lot is nestled in the highly sought after Powder House Pass development or you can enjoy the amenities of the clubhouse and outdoor heated pool. The possibilities to build your dream home or a rental investment property are endless! Beautiful aspen and pine trees are scattered through the property. Convenient access to Mickelson Trail and also Highway 14A. HOA Dues are payable

Audra Nelson Bailey Vylla Home

TBD Lot31 Blk8 Smokey Stoke Ct, South Lawrence, SD 57754
/38
$159,900
- 2 Beds
- 1 Bath
- 896 Sq Ft
114 S Lincoln Ave, Sioux Falls, SD 57104

This cute 1940's charmer has all the neighborhood charm plus all the updates! This 2 bedroom, 1 bath home has all new paint, carpet, luxury vinyl plank, windows and a brand new central air conditioning system! Whether you're looking for a cozy home where you can have just enough room and a large backyard to hang out or you're looking to add to you investment portfolio this could work for you!

Justin Garry Hegg, REALTORS

114 S Lincoln Ave, Sioux Falls, SD 57104

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Homes for Sale in South Dakota - Investment

Real Estate & Homes for Sale in South Dakota