Homes for Sale in South Dakota - Investment

/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
/28
$229,900
- 3 Beds
- 2 Baths
- 1,424 Sq Ft
1904 S Duluth Ave, Sioux Falls, SD 57105

This is a charming ranch style home. It is great for a first time buyer! The main floor has 2 bedrooms a full bathroom, kitchen, formal dining room, & living room. The original hardwood floors run throughout the main level! The lower level has a 3rd bedroom, 3/4 bathroom, family room, & a non-legal bedroom/office. The laundry/mechanical room is huge! The backyard is completely fenced in

Heather Elrod Hegg, REALTORS

1904 S Duluth Ave, Sioux Falls, SD 57105
/22
$415,000
- Land
- 10.13 Acres
- $40,967 per Acre
TBD Roosevelt Ct Unit TBD Mount Roosevelt, Deadwood, SD 57732

Black Mountain Real Estate is proud to present this rare 10-acre gem—offering stunning views, freedom from covenants, and an unbeatable location. Just minutes from downtown Deadwood and a short scenic drive to Spearfish, this versatile property is perfect for your dream home, investment opportunity, or private getaway. Enjoy the best of the Black Hills with space to breathe, build, and explore.

Kristine Villafuerte Black Mountain Real Estate

TBD Roosevelt Ct Unit TBD Mount Roosevelt, Deadwood, SD 57732
/19
$274,900
- 4 Beds
- 2 Baths
- 1,768 Sq Ft
1309 S Gary Dr, Sioux Falls, SD 57103

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

Mike Fedt Keller Williams Realty Sioux Falls

1309 S Gary Dr, Sioux Falls, SD 57103
/20
$275,000
- 3 Beds
831 Dilger Ave, Rapid City, SD 57701

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

Tom Blain KELLER WILLIAMS REALTY BLACK HILLS

831 Dilger Ave, Rapid City, SD 57701
/29
$1,699,000
- Land
- 84.01 Acres
- $20,224 per Acre
Tract 8 Oak St, Whitewood, SD 57793

Welcome to a breathtaking 84.01-acre retreat in one of the most coveted gated communities in the Black Hills. Tract 8 Oak Street offers two exceptional building sites, each with panoramic views that stretch across Bear Butte, Terry Peak, and Elkhorn Mountain complete with unforgettable sunsets. This rare opportunity comes with community water, underground electricity, and high-speed internet

CHER RHOADES OAK & KEY REALTY, LLC

Tract 8 Oak St, Whitewood, SD 57793
/37
$659,000
- 10 Beds
- 6 Baths
- 5,472 Sq Ft
502 E 4th St, Canton, SD 57013

Are you looking for a well cared for real estate investment? This one is for you. It is a fourplex unit with an additional single family unit right next to it. The spacious units all have been updated recently and all of the units have attached garages with their own utilities. The single family unit was just completed in 2021 and the 4 plex has new siding, new furnaces and central air in

John Schutte Keller Williams Realty Sioux Falls

502 E 4th St, Canton, SD 57013
/21
$450,000
- Land
- 160 Acres
- $2,812 per Acre
TBD 194th St, Vale, SD 57788

Tucked in the heart of western South Dakota’s rich ranching country, this 160 +/- acre parcel in Meade County presents a rare opportunity to own a piece of land that speaks to both the rancher and the dreamer. With sweeping views of Bear Butte and the Black Hills, a reliable water supply, and solid infrastructure in place, this property checks every box for rural living, cattle operations, or

Ashley Kurtenbach Whitetail Properties Real Estate

TBD 194th St, Vale, SD 57788
/23
$270,000
- 4 Beds
- 2 Baths
- 1,836 Sq Ft
514 Broadway Ave, Yankton, SD 57078

Spacious and updated 4-bedroom, 2-bath home featuring two full kitchens—ideal for multigenerational living or rental income! This flexible layout offers the perfect opportunity as a single-family home or live in one unit and rent the other. A rare find with modern updates and investment potential. Fenced yard and single garage.

Carla Schlingman Century 21 Professional Real Estate

514 Broadway Ave, Yankton, SD 57078
/13
$249,000
- Land
- 2.9 Acres
- $85,862 per Acre
Lot 26 Sunup Ln Unit Lot 26 Sunup Ln, Hot Springs, SD 57747

Have you been watching these lots and waiting for the one? Lot 26 is a crown jewel of The Bluffs—a rolling 2.90-acre parcel with arguably one of the best views of Angostura Lake! Tucked at the end of a cul-de-sac, this lot offers unmatched privacy with no homes to be built in front of you—just unobstructed panoramic lake views and open skies. Whether you’re dreaming of a stunning lake-view home,

Amanda Kirschenman COLDWELL BANKER BLACK HILLS LEGACY

Lot 26 Sunup Ln Unit Lot 26 Sunup Ln, Hot Springs, SD 57747
/9
$1,115,000
- Land
- 38 Acres
- $29,342 per Acre
0 Tbd Centennial Rd, Spearfish, SD 57783

Rare opportunity to own 38± acres just minutes from downtown Spearfish, located on the highly desirable Centennial Road. This beautiful parcel offers a perfect blend of open space, gently rolling terrain, and expansive views of the surrounding Black Hills and prairie. With no covenants, this land is ideal for those seeking the freedom to build a custom home, develop a hobby farm, or simply enjoy

KERRY ENGELMANN Hayden Outdoors Real Estate

0 Tbd Centennial Rd, Spearfish, SD 57783
/35
$1,599,000
- Land
- 326 Acres
- $4,905 per Acre
TBD Argyle Rd, Hot Springs, SD 57747

Own a rare 326± acres of stunning Black Hills terrain, perfectly located on the edge of the Black Hills National Forest in Fall River County, SD. This private tract offers a breathtaking blend of rolling hills, native grasslands, timbered draws, and expansive views that embody the region’s rugged beauty. Ideal for a dream retreat, hunting escape, or legacy investment, the land offers: • Direct

Ashley Kurtenbach Whitetail Properties Real Estate

TBD Argyle Rd, Hot Springs, SD 57747
/35
$105,000
- 3 Beds
- 1 Bath
- 1,058 Sq Ft
400 5th Ave, Edgemont, SD 57735

Charming 3-bedroom, 1-bath Home with attacheds 2-car garage situated on a centrally located generous 14,000sqft corner lot in the heart of Edgemont. This property offers comfort, convenience, and scenic surroundings situated at the base of the beautiful Black Hills. Step inside to find an open floor plan with warm and inviting living space perfect for family living and entertaining. This home

Cassie Moore NavX Realty

400 5th Ave, Edgemont, SD 57735
/7
$174,900
- Land
- 5.14 Acres
- $34,027 per Acre
Lot 12 Sundance Ridge, West Yankton, SD 57078

Build your dream getaway on this scenic 5-acre lot in the sought-after Sundance Ridge Development near Lewis & Clark Lake. Nestled among mature trees with sweeping valley views, this property offers a rare blend of privacy, natural beauty, and convenience. Electric and rural water are adjacent to the site, with fiber optic internet available—making remote work or modern living seamless. Enjoy

Mason Schramm The Move Group

Lot 12 Sundance Ridge, West Yankton, SD 57078
/30
$1,238,000
- Land
- 51.52 Acres
- $24,030 per Acre
tbd War Bonnet Rd Unit Lot 6R Big Medicine, West Custer Township, SD 57730

This property could have many uses. Great ranchette property in a great location. Would be prefect for investment property. Could be subdivided and sell individual lots or bring your critters and build your dream home and keep in Ag status. Black Hills National Forest service is adjoining this lot with miles of unlimited recreational opportunities. Good access to utilities and good wells on

Lori Svoboda Western Skies Real Estate

tbd War Bonnet Rd Unit Lot 6R Big Medicine, West Custer Township, SD 57730
/11
$210,000
- Land
- 0.68 Acre
- $308,824 per Acre
11268 Woodland, Lead, SD 57754

Welcome to 11268 Woodland Way, a rare opportunity to own one of the most scenic lots in the Black Hills. This pine-studded property offers some of the best views in the Hills—perfect for building your dream forever home or creating a high-demand vacation rental tucked away in nature. Surrounded by trees and natural beauty, the setting provides a peaceful retreat while still keeping you close to

Cheri St Pierre BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

11268 Woodland, Lead, SD 57754
/35
$625,000
- 16 Beds
- 8 Baths
- 6,528 Sq Ft
301 W Prospect Ave, Flandreau, SD 57028

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

Jacob Benedict Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

301 W Prospect Ave, Flandreau, SD 57028
/33
$400,000
- Land
- 160 Acres
- $2,500 per Acre
TBD 460th Ave, Sisseton, SD 57262

If you've been dreaming about wide-open spaces, incredible views, and the perfect mix of recreation and investment potential, this 160-acre property in Roberts County, South Dakota, might just be exactly what you're looking for. Located just a short drive from Sisseton and with quick access to Interstate 29, the location strikes a great balance between peaceful seclusion and convenient

Katie Graeb Whitetail Properties Real Estate, LLC

TBD 460th Ave, Sisseton, SD 57262
/11
$1,115,000
- Land
- 38.45 Acres
- $28,999 per Acre
TBD Centennial Rd, Spearfish, SD 57783

Listed by Jeff Garrett (605.641.0547) & Kerry Engelmann (605.484.4325) with Hayden Outdoors Real Estate. Rare opportunity to own 38± acres just minutes from downtown Spearfish, located on the highly desirable Centennial Road. This beautiful parcel offers a perfect blend of open space, gently rolling terrain, and expansive views of the surrounding Black Hills and prairie. With no covenants, this

KERRY ENGELMANN Hayden Outdoors

TBD Centennial Rd, Spearfish, SD 57783
/19
$360,000
- Studio
- 3,632 Sq Ft
207 W 14th St, Sioux Falls, SD 57104

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

Amanda Nielsen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

207 W 14th St, Sioux Falls, SD 57104
/14
$204,900
- 4 Beds
217 E Monroe St, Rapid City, SD 57701

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

JOE MUTH COLDWELL BANKER BLACK HILLS LEGACY

217 E Monroe St, Rapid City, SD 57701
/44
$1,300,000
- Studio
1105 5th St, Sturgis, SD 57785

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

MARK WILLIAMS The Real Estate Center of Sturgis

1105 5th St, Sturgis, SD 57785
/10
$85,000
- 2 Beds
- 1 Bath
- 916 Sq Ft
1902 Laurel St, Tyndall, SD 57066

Ranch Home For Sale in Vibrant Tyndall, South Dakota! Step inside this two bedroom house to brand new carpet throughout and one updated bathroom that adds modern appeal. You'll love the large kitchen with ample room for cooking and dining, the convenience of main floor laundry and the peace of mind that comes with a roof less than 10 years old. Outside, enjoy alley access, a small storage shed,

Chloe Smith The Move Group

1902 Laurel St, Tyndall, SD 57066
/18
$139,900
- Land
- 2.43 Acres
- $57,572 per Acre
TBD Lot 5 Wild Place W, Belle Fourche, SD 57717

Listed by Casey Raftevold | Great Peaks Realty | 605-863-5282. Discover the perfect blend of tranquility and convenience with this exceptional lot located just minutes from Belle Fourche and Orman Dam Reservoir. Nestled in the heart of the Northern Black Hills, this property provides an ideal setting for your dream home or investment. The lot has been thoughtfully enhanced with 11 shade and 3

Casey Raftevold Great Peaks Realty

TBD Lot 5 Wild Place W, Belle Fourche, SD 57717
/15
$114,900
- Land
- 2.09 Acres
- $54,976 per Acre
TBD Lot 3 Wild Place W, Belle Fourche, SD 57717

Listed by Casey Raftevold | Great Peaks Realty | 605-863-5282. Discover the perfect blend of tranquility and convenience with this exceptional lot located just minutes from Belle Fourche and Orman Dam Reservoir. Nestled in the heart of the Northern Black Hills, this property provides an ideal setting for your dream home or investment. The lot has been thoughtfully enhanced with 16 shade and 2

Casey Raftevold Great Peaks Realty

TBD Lot 3 Wild Place W, Belle Fourche, SD 57717
/19
$114,900
- Land
- 2.08 Acres
- $55,240 per Acre
TBD Lot 2 Wild Place W, Belle Fourche, SD 57717

Listed by Casey Raftevold | Great Peaks Realty | 605-863-5282. Discover the perfect blend of tranquility and convenience with this exceptional lot located just minutes from Belle Fourche and Orman Dam Reservoir. Nestled in the heart of the Northern Black Hills, this property provides an ideal setting for your dream home or investment. The lot has been thoughtfully enhanced with 16 shade and 2

Casey Raftevold Great Peaks Realty

TBD Lot 2 Wild Place W, Belle Fourche, SD 57717
/47
$119,900
- 5 Beds
- 3 Baths
- 2,432 Sq Ft
120 SW 2nd St Unit 1 & 2, Wentworth, SD 57075

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

Miranda Krumm Signature Realty Group LLC

120 SW 2nd St Unit 1 & 2, Wentworth, SD 57075
/24
$134,900
- 4 Beds
- 2 Baths
- 1,568 Sq Ft
118 SW 2nd St Unit 1 & 2, Wentworth, SD 57075

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

Miranda Krumm Signature Realty Group LLC

118 SW 2nd St Unit 1 & 2, Wentworth, SD 57075
/23
$245,000
- 4 Beds
- 2 Baths
- 1,142 Sq Ft
116 N van Eps Ave, Sioux Falls, SD 57103

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

Matthew Fisher Keller Williams Realty Sioux Falls

116 N van Eps Ave, Sioux Falls, SD 57103
/19
$101,800
- Land
- 5.09 Acres
- $20,000 per Acre
27222 Cody Rd, Hot Springs, SD 57747

Hidden Gem in the Scenic Red Canyon Subdivision. Back in on secluded Cody Rd you will find this extraordinary 5+ acre lot. It offers a serene, park-like setting with breathtaking views of the Southern Black Hills, complete with walking and biking trails, picturesque camp areas, and stunning sunrises and sunsets that paint the horizon. Electric to the lot. Rural water can be hooked up. High-speed

Eric Lewis Lewis Realty

27222 Cody Rd, Hot Springs, SD 57747
/34
$89,460
- Land
- 4.97 Acres
- $18,000 per Acre
Lot 20 Cody Rd, Hot Springs, SD 57730

Another Hidden Gem in the Scenic Red Canyon Subdivision. Back in on secluded Cody Rd you will find this great 4+ acre lot. It offers a serene, park-like setting with great long range views of the Southern Black Hills. I has picturesque camp areas and a fire pit area started. Stunning sunrises and sunsets that paint the horizon. Electric is to the lot. Rural Water can be hooked up. High-speed

Eric Lewis Lewis Realty

Lot 20 Cody Rd, Hot Springs, SD 57730
/44
$213,120
- Land
- 10.82 Acres
- $19,697 per Acre
27215 Cody Rd, Hot Springs, SD 57747

Stunning 10.82Acre Ranchette in the Scenic Red Canyon Subdivision. Nestled on secluded Cody Rd in the popular Red Canyon Sub., this extraordinary 10+-acre property offers a rare chance to step in & start enjoying your Black Hills Dream on day one! Immerse yourself in a serene, park-like setting w/ breathtaking views of the Southern Black Hills, complete with walking trails, picturesque camp

Eric Lewis Lewis Realty

27215 Cody Rd, Hot Springs, SD 57747
/27
$529,900
- 3 Beds
- 4 Baths
- 2,256 Sq Ft
1035 N Spring Ave, Sioux Falls, SD 57104

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

Tony Ratchford Keller Williams Realty Sioux Falls

1035 N Spring Ave, Sioux Falls, SD 57104
/40
$870,000
- 10 Beds
- 6 Baths
- 4,598 Sq Ft
12634.. ABCD Robins Roost Rd, Hill City, SD 57745

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

Gage Zieske Keller Williams Realty Black Hills SP

12634.. ABCD Robins Roost Rd, Hill City, SD 57745
/26
$870,000
- Studio
12634. A-D Robins Roost Rd, Hill City, SD 57745

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

Gage Zieske Keller Williams Realty Black Hills SP

12634. A-D Robins Roost Rd, Hill City, SD 57745
/20
$225,000
- 2 Beds
- 1 Bath
- 1,026 Sq Ft
12634 Unit B Robins Roost Rd, Hill City, SD 57745

Unit B. This charming 2-bedroom, 1-bath condo is a great option for those seeking low-maintenance living in a serene mountain setting. Featuring an efficient floor plan, updated kitchen, and a private garage, this unit is perfect as a primary home, vacation getaway, or investment property. Located just outside of Hill City, enjoy easy access to lakes, trails, and some of the most visited

Gage Zieske Keller Williams Realty Black Hills SP

12634 Unit B Robins Roost Rd, Hill City, SD 57745
/20
$225,000
- 2 Beds
- 1 Bath
- 1,026 Sq Ft
12634 Robins Roost Rd, Hill City, SD 57745

Unit A. This charming 2-bedroom, 1-bath condo is a great option for those seeking low-maintenance living in a serene mountain setting. Featuring an efficient floor plan, updated kitchen, and a private garage, this unit is perfect as a primary home, vacation getaway, or investment property. Located just outside of Hill City, enjoy easy access to lakes, trails, and some of the most visited

Gage Zieske Keller Williams Realty Black Hills SP

12634 Robins Roost Rd, Hill City, SD 57745
/37
$299,000
- 4 Beds
- 3 Baths
- 1,816 Sq Ft
16A Statesboro Dr, Belle Fourche, SD 57717

Perfect Belle Fourche townhouse waiting for you! Listed by Lee Harstad, Liberty Tree Properties, (605) 920-0537, this updated townhome offers 4 bedrooms and 2.5 bathrooms, in close proximity to all things Belle Fourche! New flooring and fixtures throughout the home, including luxury vinyl plank and carpet. New furnace and updated bathrooms too. Fresh paint and trim throughout the home in July

Lee Harstad Liberty Tree Properties

16A Statesboro Dr, Belle Fourche, SD 57717
/29
$385,000
- 3 Beds
- 3 Baths
- 2,360 Sq Ft
104 Lake Dr, Wentworth, SD 57075

Middle unit of a Lake Golf Course (Lake Madison) ranch tri-plex with a full lower level finish. Watch them putt on #8 from the back deck or tee off from #9 from the front. This means no back or front yard neighbors the vast majority of the year. The walks must be good in the Lakes Community HOA neighborhood because everyone is doing it. One walk could be to the established neighborhood Lakes Bar

Joel McDowell CORE Real Estate

104 Lake Dr, Wentworth, SD 57075
/41
$1,167,000
- 4 Beds
- 4.5 Baths
- 2,632 Sq Ft
20752 Morning Star Rd, Lead, SD 57754

Rustic Black Hills Cabin Retreat | Secluded Getaway Near Lead SD Escape to the beauty of the Black Hills with this charming cabin nestled among the pines. Whether you are looking for a peaceful weekend retreat, a vacation rental investment, or a cozy full-time residence, this property offers it all. Features- 4 bedrooms | 4.5 bathrooms, open-concept living with a gas burning fireplace. fully

Kristin Buckmaster The Real Estate Center of Spearfish

20752 Morning Star Rd, Lead, SD 57754

Showing Results 281 - 320, Page 8 of 12

South Dakota

How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Homes for Sale in South Dakota - Investment

Real Estate & Homes for Sale in South Dakota