Homes for Sale in South Dakota - Investment

/20
$189,000
- 3 Beds
- 1 Bath
- 900 Sq Ft
3235 Vanocker Dr, Sturgis, SD 57785

3235 Vanocker Dr. ~ Sturgis, SD ~ Listed by Jeffrey Levi ~ Sturgis Real Estate & Auctions Attention VRBO Investment Buyers! Great 1⁄4 acre corner lot property; fully furnished manufactured home w/addition including the smart TV’s, W/D, appliances, leather couch & loveseat, over 900 sq ft, outbuildings, RV hook-ups, rental tent spaces, new 200-amp electrical svc., newer metal roof and siding

Jeff Levi Sturgis Real Estate & Auctions, Inc.

3235 Vanocker Dr, Sturgis, SD 57785
/12
$340,000
- Land
- 0.66 Acre
- $512,898 per Acre
1508 S Scarlet Oak Place, Sioux Falls, SD 57110

Discover an unparalleled opportunity to build your custom home amidst the stunning landscapes of Sioux Falls. The Crown at Arbor Edge is a premier development offering breathtaking, panoramic views overlooking the Big Sioux River and the lush greens of Willow Run Golf Course – truly second to none. This luxury lot is designed to capture these magnificent views, ensuring your home is perfectly

Beth Jamison Jamison Company Real Estate

1508 S Scarlet Oak Place, Sioux Falls, SD 57110
/18
$149,000
- Land
- 2.5 Acres
- $59,600 per Acre
TBD W Southshore Rd, Hot Springs, SD 57747

Nestled on the tranquil southern end of Angostura Lake, this 2.5-acre parcel offers a rare opportunity to build your dream home or getaway in one of South Dakota’s most scenic and recreation-rich areas. With electricity and high-speed internet already at the lot line, and options for water via well or cistern, the property is ready for your vision. The land features gently rolling terrain with

Patricia Schultz Heartland Real Estate

TBD W Southshore Rd, Hot Springs, SD 57747
/25
$214,900
- 4 Beds
- 2 Baths
- 1,422 Sq Ft
109 1st St SW, Watertown, SD 57201

Charming 4 bedroom 2 bathroom home available close to downtown. This well maintained house features beautiful hardwood floors, steel siding, main floor laundry, and a warm inviting front porch. This home would make a great investment property as renters are currently residing there and taking great care of the property. Call today for a showing!

Noel Solum EXIT REALTY CONNECTION

109 1st St SW, Watertown, SD 57201
/8
$42,000
- Land
- 0.75 Acre
- $56,000 per Acre
Tract M-1 Cliff St Unit portion of M.S. 75 &, Deadwood, SD 57732

Imagine waking up to the crisp Black Hills air, sunlight dancing through the trees, and the quiet rustle of pine all around you. Now picture stepping outside into nearly an acre of covenant-free land—your blank canvas, ready to reflect your dreams. This isn’t just a lot for sale. It’s a rare opportunity to build your vision in a place where serenity meets adventure. Tucked just enough into

Jeffery Christians Real Broker Spearfish

Tract M-1 Cliff St Unit portion of M.S. 75 &, Deadwood, SD 57732
/8
$42,000
- Land
- 0.75 Acre
- $56,000 per Acre
Tract M-1 Other Unit portion of M.S. 75 &, Deadwood, SD 57732

Imagine waking up to the crisp Black Hills air, sunlight dancing through the trees, and the quiet rustle of pine all around you. Now picture stepping outside into nearly an acre of covenant-free land—your blank canvas, ready to reflect your dreams. This isn’t just a lot for sale. It’s a rare opportunity to build your vision in a place where serenity meets adventure. Tucked just enough into

Jeffery Christians REAL BROKER - SPEARFISH

Tract M-1 Other Unit portion of M.S. 75 &, Deadwood, SD 57732
/12
$9,412,880
- Land
- 41.25 Acres
- $228,191 per Acre
5801 N Kiwanis Ave, Sioux Falls, SD 57107

INVESTMENT HIGHLIGHTS 41+/- acres prime mixed use development site with exposure on both I29 & I90 priced at $5.25 per square foot. Zoned C-4 & LW • Southeast Corner of I29 & I90 Entire Property within a rare Opportunity Zone for investors looking to place Capital gains liabilities into tax deferred investment Retail, Self-Storage, Apartments, Multi Family & more. Sioux Falls Airport (FSD) 3.6

Stacey Sieverding Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

5801 N Kiwanis Ave, Sioux Falls, SD 57107
/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 - Sioux Falls

227 N Spring Ave, Sioux Falls, SD 57104
/4
$115,000
- 3 Beds
- 1 Bath
- 783 Sq Ft
106 3rd Ave, Martin, SD 57551

This older 3-bedroom, 1-bath home offers great potential for the right buyer. Previously used as a rental property, it could benefit from some general upkeep, making it a perfect opportunity for an investor or first-time homeowner looking to build equity. All bedrooms are located on the upper level, while the basement features laundry hookups and a bonus room ideal for storage. The shed on the

BONNIE LEBEAU EXIT REALTY BLACK HILLS

106 3rd Ave, Martin, SD 57551
/40
$415,000
- 2 Beds
- 2 Baths
- 932 Sq Ft
24745 Hidden Valley Rd, Hermosa, SD 57744

MOTIVATED SELLER!! Bring an offer!! PRICED AT $415,000!! Now is the time!—This is the perfect setup whether you're an Investor looking to earn extra income or a family looking for an affordable summer getaway and being able to save dollars on seasonal lodging! This unique Black Hills property includes two fully furnished, turnkey cabins on 2 private acres. Each cabin features a uniquely designed

Anne Fuchs Bradeen Real Estate and Auction

24745 Hidden Valley Rd, Hermosa, SD 57744
/29
$469,000
- 3 Beds
- 2 Baths
- 1,152 Sq Ft
13236 Hillsview Dr, Hot Springs, SD 57747

Stunning 3-Bedroom Home on 2.6 Acres Near Angostura Reservoir Enjoy peaceful country living with spectacular views of the Black Hills in this beautiful 3-bedroom, 2-bath home located just minutes from Angostura Reservoir. Situated on 2.6 scenic acres, this 1,152 sq. ft. home features soaring 10-foot ceilings and an open floor plan, creating a spacious and welcoming atmosphere. Luxury vinyl tile

John Wiles Battle Creek Agency

13236 Hillsview Dr, Hot Springs, SD 57747
/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
/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
/16
$869,848
- Land
- 1.43 Acres
- $609,821 per Acre
1104 E 73rd St, Sioux Falls, SD 57108

Positioned along the rapidly growing Cliff Avenue corridor, this prime commercial parcel at 6301 S Cliff Ave offers unmatched visibility and access in one of Sioux Falls' most active development zones. The recently completed segment of South Veterans Parkway, connecting Western Avenue to Cliff Avenue, significantly enhances traffic flow and regional connectivity, with the full corridor slated for

Aaron Rietsema Alpine Commerical

1104 E 73rd St, Sioux Falls, SD 57108
/14
$200,000
- Land
- 5 Acres
- $40,000 per Acre
5 482nd Ave, Alcester, SD 57001

Take your pick from a variety of acreage options, with additional land available for purchase to suit your needs. Whether you're dreaming of building your ideal home, starting a hobby farm, or investing in land with long-term potential, this property offers incredible flexibility. Enjoy serene views, peaceful surroundings, and plenty of open space to bring your vision to life. With no builder

Brett Sichmeller Alpine Residential

5 482nd Ave, Alcester, SD 57001
/14
$480,000
- Land
- 40 Acres
- $12,000 per Acre
4 482nd Ave, Alcester, SD 57001

Take your pick from a variety of acreage options, with additional land available for purchase to suit your needs. Whether you're dreaming of building your ideal home, starting a hobby farm, or investing in land with long-term potential, this property offers incredible flexibility. Enjoy serene views, peaceful surroundings, and plenty of open space to bring your vision to life. With no builder

Brett Sichmeller Alpine Residential

4 482nd Ave, Alcester, SD 57001
/14
$280,000
- Land
- 15 Acres
- $18,667 per Acre
3 308th St, Alcester, SD 57001

Take your pick from a variety of acreage options, with additional land available for purchase to suit your needs. Whether you're dreaming of building your ideal home, starting a hobby farm, or investing in land with long-term potential, this property offers incredible flexibility. Enjoy serene views, peaceful surroundings, and plenty of open space to bring your vision to life. With no builder

Brett Sichmeller Alpine Residential

3 308th St, Alcester, SD 57001
/14
$240,000
- Land
- 10 Acres
- $24,000 per Acre
2 308th St, Alcester, SD 57001

Take your pick from a variety of acreage options, with additional land available for purchase to suit your needs. Whether you're dreaming of building your ideal home, starting a hobby farm, or investing in land with long-term potential, this property offers incredible flexibility. Enjoy serene views, peaceful surroundings, and plenty of open space to bring your vision to life. With no builder

Brett Sichmeller Alpine Residential

2 308th St, Alcester, SD 57001
/14
$200,000
- Land
- 5 Acres
- $40,000 per Acre
1 308th St, Alcester, SD 57001

Take your pick from a variety of acreage options, with additional land available for purchase to suit your needs. Whether you're dreaming of building your ideal home, starting a hobby farm, or investing in land with long-term potential, this property offers incredible flexibility. Enjoy serene views, peaceful surroundings, and plenty of open space to bring your vision to life. With no builder

Brett Sichmeller Alpine Residential

1 308th St, Alcester, SD 57001
/16
$1,463,616
- Land
- 1.68 Acres
- $871,200 per Acre
6401 S Cliff Ave, Sioux Falls, SD 57108

Positioned along the rapidly growing Cliff Avenue corridor, this prime commercial parcel at 6301 S Cliff Ave offers unmatched visibility and access in one of Sioux Falls' most active development zones. The recently completed segment of South Veterans Parkway, connecting Western Avenue to Cliff Avenue, significantly enhances traffic flow and regional connectivity, with the full corridor slated for

Aaron Rietsema Alpine Commerical

6401 S Cliff Ave, Sioux Falls, SD 57108
/27
$249,900
- 3 Beds
- 4 Baths
- 4,950 Sq Ft
103 W Main St, Beresford, SD 57004

Turnkey Income Property – Fully Renovated & Fully Occupied! Looking for a hassle-free investment with instant cash flow? This stunning mixed-use property delivers! Fully leased with long-term tenants and 100% occupancy, you’ll start earning income from day one—no updates, no delays, no surprises. Originally built in 1900, the building underwent a major renovation in 2009, giving it an effective

Jim Weber Weber Realty

103 W Main St, Beresford, SD 57004
/32
$425,000
- 5 Beds
- 3.5 Baths
- 3,144 Sq Ft
4103 W Main St, Rapid City, SD 57702

Welcome to this spacious and beautifully maintained ranch-style home, offering 5 bedrooms and 3.5 bathrooms, and two wood burning fireplaces! This house includes a fully finished walkout basement. The basement features a second master suite, an additional bedroom, a comfortable living area, and a second kitchen space—perfect for entertaining or potential rental income. Recent updates include a

Arnie Sharp NAVX REALTY

4103 W Main St, Rapid City, SD 57702
/27
$425,000
- Land
- 4.84 Acres
- $87,810 per Acre
25741 Dakota Sur Dr, West Custer, SD 57730

Outpost Adventures, LLC is building a landscape hotel that provides a unique vacation rental stay and offers experiential hospitality in the Black Hills. It offers breathtaking views and easy access to outdoor activities. The project is situated on nearly 5 acres of raw land adjacent to the Black Hills National Forest. The Managing Members have completed phase one of construction to include

Rob Kurtenbach Bender REALTORS

25741 Dakota Sur Dr, West Custer, SD 57730
/20
$599,000
- 4 Beds
- 4 Baths
- 2,452 Sq Ft
917 W 16th Ave, Mitchell, SD 57301

This beautiful twin homes are in great condition and offer so much space! Each side features 2 bedrooms and 2 bathrooms with a 2 stall attached garage. Slab on grade with in-floor heat everywhere except the garage! Conveniently located, this would make a fantastic investment property. Rent both or live in one side and rent the other! Both sides currently rented. W/D in unit.

Jennifer Gades Mitchell Realty LLC

917 W 16th Ave, Mitchell, SD 57301
/40
$329,900
- Land
- 19.69 Acres
- $16,755 per Acre
Lot 8 Lake Forest Estates Unit 8, Yankton, SD 57078

Welcome to an extraordinary opportunity to own 19.69 m/l acres of prime real estate, ideally situated just minutes from the town of Yankton, South Dakota. This stunning property offers breathtaking views of Lewis and Clark Lake and is enveloped in natural beauty, making it a dream site for your future home. With the added advantages of excellent hunting opportunities, ample space for a workshop,

Nick Stout Tall Tines Trophy Properties

Lot 8 Lake Forest Estates Unit 8, Yankton, SD 57078
/34
$563,000
- 4 Beds
- 2 Baths
- 1,957 Sq Ft
12707 Box Elder Forks Rd, Nemo, SD 57759

Welcome to your perfect Black Hills retreat! Nestled in the heart of Nemo, this beautifully updated four-bedroom, two-bath home offers stunning views of Nemo Mountain and direct access to ATV and hiking trails right from your doorstep. Remodeled in 2023, the home features a spacious open-concept main level, ideal for entertaining or relaxing with family. Step out onto the large deck and soak in

Heidi Keough Keller Williams Realty Black Hills RC

12707 Box Elder Forks Rd, Nemo, SD 57759
/12
$124,900
- Land
- 0.37 Acre
- $337,568 per Acre
21220 Last Chance Trail, Lead, SD 57754

Beautiful 0.37 acre lot located just minutes from Terry Peak Ski Resort! This buildable lot is tucked in the trees and offers breathtaking mountain views, making it the perfect setting for your dream home, vacation getaway or investment property. The terrain is gentle and easy to build on. Located in a popular area with vacation rentals, this property offers excellent income potential for those

KIM PANNILL Heartland Real Estate

21220 Last Chance Trail, Lead, SD 57754
/38
$765,000
- 5 Beds
- 3 Baths
- 2,367 Sq Ft
21173 Lost Camp Trail, Lead, SD 57754

Welcome to 21173 Lost Camp Trail in Lead, SD. This 5-bedroom, 3-bathroom house features a large kitchen with granite countertops, ample storage and an island. With an open view to the living room, fireplace and vaulted ceiling to the loft. From the back, there are timber-framed decks extending out to showcase the views and windows that bring in stellar natural light. This potential investment

STEPHANIE NESSELHUF RE/MAX ADVANTAGE

21173 Lost Camp Trail, Lead, SD 57754
/24
$225,000
- 2 Beds
- 1 Bath
- 808 Sq Ft
730 12th St, Sturgis, SD 57785

This one level home is ready for new owners! Featuring 2 bedrooms, 1 bath and an office off the master bedroom that could be converted into a walk-in closet or third bedroom! This home has been well taken care of and was updated in 2021 with new countertops, cupboards, vanity, shower, roof, windows and siding! It also has fresh paint and new carpet throughout! This is a great starter home or

CIERRA VANDERPOL Black Hills SD Realty

730 12th St, Sturgis, SD 57785
/3
$400,000
- Land
- 0.4 Acre
- $1,009,082 per Acre
0 W Latigo Trail, Sioux Falls, SD 57108

Gorgeous Walkout lot in Prairie Hills! Bring your own builder. This large lot offers you many choices when it comes to placement of your home. Executive home site with highly sought after Walkout Lot on the corner of Meredith and Latigo, just a half a block from the park. Quick commute to Interstate access, Shopping and Hospitals. Covenants to protect your investment.

Danielle Konechne Grand Sothebys International Realty

0 W Latigo Trail, Sioux Falls, SD 57108
/18
$179,500
- 2 Beds
- 1 Bath
- 969 Sq Ft
768 Earleen St Unit F, Rapid City, SD 57701

Very well maintained 2nd level condominium with detached 1 car garage! Larger than most the other units at 969 square feet, this 2 bedroom 1 bath home has been given new flooring recently. Radiant heat and air conditioning unit will keep you comfortable. Nice size deck, 22x11 detached garage nearby. Turn key for a primary owner or investment buyer! Monthly HOA is 225 and includes water, garbage,

Tony Klock RE/MAX ADVANTAGE

768 Earleen St Unit F, Rapid City, SD 57701
/25
$279,000
- 2 Beds
- 1 Bath
- 406 Sq Ft
21281 Hidden Treasure Ln, Deadwood, SD 57732

Offered by Jarred Curry, Keller Williams Realty Black Hills – Spearfish | 605-939-0990. Discover 4.38 acres of scenic, forested land near Galena in the beautiful Black Hills of South Dakota. Located just 10 miles from Deadwood, this property has no known covenants and offers convenient access to the Steel Wheel Gas Station, nearby ATV trails and the recreational corridor. The perfect location for

SARAH PETERKA Keller Williams Realty Black Hills SP

21281 Hidden Treasure Ln, Deadwood, SD 57732
/23
$160,000
- 2 Beds
- 1 Bath
- 1,082 Sq Ft
403 Mcquillan Other Unit 403 McQuillan, Lead, SD 57754

Call/Text Listing Agent Audra Nelson Bailey 605-261-9122 Vylla Home Charming 2 Bed, 1 Bath Home with Scenic Views. This cozy home offers 714SF of living space and features a unique two-sided wraparound covered porch—perfect for enjoying the views in any weather. Step out back to a private 19'x6' patio area ideal for relaxing or entertaining, complete with a 8x8' garden shed. A tuck-under 2-stall

Audra Nelson Bailey VYLLA HOME

403 Mcquillan Other Unit 403 McQuillan, Lead, SD 57754
/23
$160,000
- 2 Beds
- 1 Bath
- 1,082 Sq Ft
403 McQuillan St, Lead, SD 57754

Call/Text Listing Agent Audra Nelson Bailey 605-261-9122 Vylla Home Charming 2 Bed, 1 Bath Home with Scenic Views. This cozy home offers 714SF of living space and features a unique two-sided wraparound covered porch—perfect for enjoying the views in any weather. Step out back to a private 19'x6' patio area ideal for relaxing or entertaining, complete with a 8x8' garden shed. A tuck-under 2-stall

Audra Nelson Bailey Vylla Home

403 McQuillan St, Lead, SD 57754
/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
/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
/21
$239,000
- Land
- 3.66 Acres
- $65,301 per Acre
TBD Pleasant Valley Dr, Sturgis, SD 57785

Listed by Cory Williams, The Real Estate Center, 605-490-3045. This beautiful 3.66-acre tract is a perfect mix of pine trees and open space. Located at the base of the Black Hills in Pleasant Valley Subdivision where you have great views of the hills and easy interstate access. Just a few minutes to Sturgis and 20-25 minutes to Rapid City and Spearfish. Fantastic building site with endless

Cory Williams The Real Estate Center of Sturgis

TBD Pleasant Valley Dr, Sturgis, SD 57785
/48
$785,000
- 6 Beds
- 3.5 Baths
- 6,957 Sq Ft
835 Harding St, Belle Fourche, SD 57717

Nestled in the heart of downtown Belle Fourche, this magnificent historic home offers over 6900 square feet of living space. Featuring six spacious bedrooms and three and a half bathrooms, this residence seamlessly blends old-world charm with modern efficiency. The home boasts original woodwork, showcasing its rich history, while an expansive second-floor addition provides ample living space. The

MICHELLE WATSON Keller Williams Realty Black Hills BF

835 Harding St, Belle Fourche, SD 57717
/23
$155,000
- 3 Beds
- 1 Bath
- 1,127 Sq Ft
18 6th St NW, Watertown, SD 57201

Don't miss this charming 3-bedroom, 1-bath home perfectly situated just steps from downtown Watertown! Enjoy the convenience of walking to nearby parks, restaurants, and local attractions. The home features a spacious wraparound deck and a private backyard—ideal for relaxing or entertaining guests. Whether you're looking for your first home, a rental investment, or a place close to it all, this

Mike Lawrence ACCESS REAL ESTATE

18 6th St NW, Watertown, SD 57201
/47
$2,200,000
- 13 Beds
- 7 Baths
- 6,798 Sq Ft
12199 Paha Sapa Rd, Deadwood, SD 57732

Listed by Bobby Sundby of Sun Real Estate, 605-209-2777. This is an amazing turn-key, fully-furnished & well-established lodge/home in immaculate condition. Very high grossing operation. The Triple T Lodge is a top-tier Black Hills vacation rental complete with a proven track record and income accordingly. Sleeps and dines up to 30 guests in a private reserve of an estate, bordering USFS &

Bobby Sundby Sun Real Estate MLS Only

12199 Paha Sapa Rd, Deadwood, SD 57732

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Homes for Sale in South Dakota - Investment

Real Estate & Homes for Sale in South Dakota