South Dakota Multifamily Homes & Duplexes for Sale

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  /20

  $699,000

  • Studio
  • 4,594 Sq Ft

  3700 W 93rd St, Sioux Falls, SD 57108

  Excellent Investment Opportunity in South Sioux Falls! Located in the highly sought-after Harrisburg School District, this well-maintained multi-family property offers strong rental potential. Each unit features 2 spacious bedrooms, 1 full bath, in-unit laundry, and an attached garage—making it a desirable choice for tenants. There are 6 garage spaces total: the two lower units each have a

  

  Monica Pluim

  Coldwell Banker Empire Realty

  (605) 657-4828

  3700 W 93rd St, Sioux Falls, SD 57108
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  /12

  $1,299,000

  • 12 Beds
  • 9,878 Sq Ft

  5000 E 54th St, Sioux Falls, SD 57110

  Luxury Living Meets Investment Opportunity in Southeast Sioux Falls! Located in a brand-new upscale community, this four-unit property offers a rare blend of modern design, privacy, and prime location—just minutes from shopping, dining, and parks. Each spacious unit features 2,470 sq ft of high-end living space with 3 bedrooms, 3.5 bathrooms, and a main-level den perfect for a home office or flex

  

  Monica Pluim

  Coldwell Banker Empire Realty

  (605) 405-8940

  5000 E 54th St, Sioux Falls, SD 57110
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  /4

  $795,000

  • 8 Beds

  704 South St Unit Twin Parks Sub, Whitewood, SD 57793

  Discover this brand-new triplex located in the desirable Twin Parks Subdivision in Whitewood, SD. Thoughtfully designed and built with durable insulated concrete construction, each of the three units features in-floor heating, LVT flooring throughout the main living spaces, and carpet in the bedrooms for added comfort. The open kitchen and dining areas offer a functional layout perfect for

  

  Michael Warwick

  GREAT PEAKS REALTY MUNRO & GRAN

  (605) 210-5469

  704 South St Unit Twin Parks Sub, Whitewood, SD 57793
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  /4

  $795,000

  • Studio

  704 South St, Whitewood, SD 57793

  For more information, please contact listing agents Michael Warwick 605-641-2569 or Heath Gran 605-209-2052. Discover this brand-new triplex located in the desirable Twin Parks Subdivision in Whitewood, SD. Thoughtfully designed and built with durable insulated concrete construction, each of the three units features in-floor heating, LVT flooring throughout the main living spaces, and carpet in

  

  Michael Warwick

  Great Peaks Realty

  (605) 827-1224

  704 South St, Whitewood, SD 57793
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  /5

  $149,900

  415 N Lincoln St, Aberdeen, SD 57401

  4 Plex in Aberdeen, SD - 24 Hour Notice needed to show this cash flowing property!

  

  Ashton Davis

  Jency Realty Company

  (605) 865-0323

  415 N Lincoln St, Aberdeen, SD 57401
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  /16

  $730,000

  • 8 Beds
  • 6 Baths
  • 4,110 Sq Ft

  1213 N Archer Ave, Sioux Falls, SD 57103

  l hwAttention Investors! 1213 & 1215 N Archer Ave. Two separate twin home units on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twin homes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, slider to decks and vaulted ceilings in

  

  Todd Nelson

  Harr & Lemme Real Estate

  (605) 702-4450

  1213 N Archer Ave, Sioux Falls, SD 57103
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  /18

  $730,000

  • 8 Beds
  • 6 Baths
  • 4,110 Sq Ft

  1209 N Archer Ave, Sioux Falls, SD 57103

  Attention Investors! 1209 and 1211 N Archer Ave. Property consists of two totally separated twin homes on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twinhomes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, vaulted ceilings in

  

  Todd Nelson

  Harr & Lemme Real Estate

  (605) 857-4995

  1209 N Archer Ave, Sioux Falls, SD 57103
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  /40

  $285,000

  • 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

  

  Dante Colicheski

  BLACK HILLS REALTY

  (605) 827-1835

  811 Willsie Ave Unit 811, 813, Rapid City, SD 57701
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  /29

  $360,000

  • 5 Beds
  • 5 Baths
  • 2,200 Sq Ft

  1118 W 8th St, Sioux Falls, SD 57104

  This updated 5-unit property offers excellent investment potential with a proven rental track record. Recent improvements include a newer roof and freshly painted exterior for long-term durability and curb appeal. Most units feature remodeled interiors with updated paint, flooring, and lighting. The basement unit was fully renovated with a modern kitchen, tile shower, and contemporary finishes

  

  Chris Chase

  Results Real Estate

  (605) 599-1983

  1118 W 8th St, Sioux Falls, SD 57104
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  /22

  $247,500

  • 6 Beds
  • 2 Baths
  • 1,952 Sq Ft

  1019 Herman St, Rapid City, SD 57701

  Get ready to invest in opportunity - this duplex is ideal for rental income! Two spacious units with separate entrances on a corner lot. Main unit highlights a sizable kitchen with dark wood cabinets, ample countertop space, and striking hardwood floors leading into a dining area and an expansive, open living room & 2 sliders to an open, wrap-around deck. 3 good-sized bedrooms, 1 full bathroom &

  Cheri St Pierre Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

  1019 Herman St, Rapid City, SD 57701
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  /19

  $214,900

  • 3 Beds
  • 2 Baths
  • 1,215 Sq Ft

  314 6th St N, Hayti, SD 57241

  Here is a great opportunity to downsize for someone looking for a more manageable living space! A one-level duplex in an up-and-coming development in Hayti, SD, with vinyl plank flooring and an attached finished 12x20 garage. The 3 bedrooms and 2 bathrooms provide plenty of room without being overwhelming to maintain.

  Jason Goette SoDak Realty

  314 6th St N, Hayti, SD 57241
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  /15

  $499,900

  • 2 Beds
  • 1.5 Baths
  • 1,295 Sq Ft

  38274 286th St, Ravinia, SD 57356

  For Sale - Rustic Modern Retreat on 6 Acres Discover the perfect blend of rustic charm and modern comfort in this 1,300 sq. ft. open-concept home, paired with an equally large garage for endless possibilities. Built in 2015, this one-level home is nestled on six scenic acres surrounded by mature trees, grassland, and growing crops-offering a true hunter's paradise. Step inside to find

  Brent Veurink Farmers National Company

  38274 286th St, Ravinia, SD 57356
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  /38

  $1,995,000

  • 2 Beds
  • 3 Baths
  • 2,287 Sq Ft

  1790 Lookout Mountain Rd, Spearfish, SD 57783

  The Lookout Mountain Road property encapsulates Spearfish in its finest decor. An impressive setting of just over 33 acres which lies on the border of the Spearfish city limits gives way to beautiful sunrises shimmering off the red rock hills, and serene sunsets that have a calming peacefulness that is so often found in settings like this. The topography within the property's boundary has a

  JD Hewitt HEWITT LAND COMPANY

  1790 Lookout Mountain Rd, Spearfish, SD 57783
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  /26

  $224,900

  • 4 Beds
  • 2 Baths
  • 1,456 Sq Ft

  1426 E 17th St, Sioux Falls, SD 57104

  Here is an opportunity you will not want to pass up - projected 9.3 cap rate. House hack to live in newly renovated unit and rent out the other, or maybe a vacation rental, or just extraordinary income production. This excellent up and down duplex has been well maintained. Main unit has new stainless appliances, new floor covering and two coats of fresh paint. Front porch and garage are freshly

  Dave Holmoe Savings Real Estate & Apprsl

  1426 E 17th St, Sioux Falls, SD 57104
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  /21

  $5,200,000

  • Studio

  701 Dakota Dr, Rapid City, SD 57702

  Unbeatable location in the heart of west side Rapid City, adjacent to Sioux Park and the bike path - just minutes from schools, shopping, downtown, and countless dining options. This 48-unit apartment complex includes 44 two-bedroom units, 4 one-bedroom units, and 48 on-site storage units. 2nd and 3rd floor units have large balconies to enjoy the beautiful park setting. Tenants enjoy convenience

  Irina Lewis COLDWELL BANKER BLACK HILLS LEGACY

  701 Dakota Dr, Rapid City, SD 57702
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  /15

  $215,000

  • 4 Beds
  • 3 Baths
  • 1,836 Sq Ft

  605 S Spring Ave, Sioux Falls, SD 57104

  Triplex near downtown for sale, great cashflow and under new management. $23,700 a year in rent with a waiting list of renters. One unit kept vacant for showings. Unit 1: 1 bed 1 bath studio. Unit 2: 1 bed 1 bath. Unit 3: 2 bed 1 bath. There is off street parking in the back and a detached single stall garage. Each unit has it's own separate electric meter with their own supplemental heat.

  Dave Mettler Keller Williams Realty Sioux Falls

  605 S Spring Ave, Sioux Falls, SD 57104
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  /51

  $685,000

  • Studio
  • 5,120 Sq Ft

  1418 E Redwood Blvd, Brandon, SD 57005

  A rare opportunity for seasoned or new investors, this well-maintained Brandon 4-plex offers strong income potential, desirable layout & amenities for tenants & minimal owner expense. It includes two spacious 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, each with 2 entrances from side door through oversized attached garage or through main lobby—a rare combo of convenience and privacy

  Melissa Eich AMERI/STAR Real Estate, Inc.

  1418 E Redwood Blvd, Brandon, SD 57005
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  /19

  $379,900

  • 5 Beds
  • 2 Baths
  • 2,280 Sq Ft

  3609 & 3611 E 18th St, Sioux Falls, SD 57103

  Nice side by side ranch duplex in Hilltop Area. Great income producing property! Both units newly remodeled and newer windows, bathroom & kitchen. Unit one has 2 bed 1 bath with finished basement with an additional non legal bedroom and potential to add a 2nd bath. Unit two has 2 bed 1 bath with potential for finished basement.

  Zack Winter Keller Williams Realty Sioux Falls

  3609 & 3611 E 18th St, Sioux Falls, SD 57103
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  /3

  $395,000

  • 8 Beds
  • 4 Baths
  • 3,952 Sq Ft

  1119 W Clark St, Vermillion, SD 57069

  Nice 4-plex on the west edge of town by Bliss Pointe. All units are 2 bedroom, 1 bathroom. Gross monthly rent is $2800 with tenants paying their own utilities. A new roof will be installed prior to close.

  Nikki Peters Premier Real Estate and Property Management

  1119 W Clark St, Vermillion, SD 57069
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  /2

  $350,000

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

  4 W Clark St, Vermillion, SD 57069

  Now, here's a great duplex, just 1 block west of the University of South Dakota campus! Each unit features 3 bedrooms and 1.5 baths. Built in 1993, the furnace and A/C have been updated in both units, and the roof is approximately 11 years old. The gross monthly rental income is $2000. Tenants pay their own utilities.

  Nikki Peters Premier Real Estate and Property Management

  4 W Clark St, Vermillion, SD 57069
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  /18

  $760,000

  • 8 Beds

  4002 Lakeview Dr, Rapid City, SD 57702

  Investment Opportunity... Rare fourplex by Canyon Lake! This westside Rapid City located westside four-plex brings in consistent rental income with extremely low vacancy rate. Each unit has 2 bedrooms, 1 bathroom, and full kitchen. Separately metered units with electric baseboard & cove heat. One tenant said it averages around $100 per month. Large 918 sf units per DOE. All four units are

  Bobby Sundby SUN REAL ESTATE

  4002 Lakeview Dr, Rapid City, SD 57702
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  /17

  $399,900

  • Studio

  35 3rd St, Lead, SD 57754

  Situated just on the edge of Lead City limits, this contemporary Duplex captures the essence of modern living in the serene Black Hills. Featuring 2 two units - one upper and one lower - each unit includes 2 bedrooms, 1 bathroom, and the convenience of in-unit laundry. Stylishly updated and meticulously maintained, both units currently serve as successful short-term rentals, offering a lucrative

  BRITTNI BJORUM West River Realty

  35 3rd St, Lead, SD 57754
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  /27

  $549,900

  • Studio

  438 S 14th St, Hot Springs, SD 57747

  Excellent investment opportunity! This well-maintained 4-plex features four spacious 2-bedroom, 1-bath units—one offering a bonus sunroom for added living space. Ideally situated across from Butler Park and within walking distance to the public library, the location provides everyday convenience and easy access to local amenities. Each unit includes laundry hookups and is separately metered. A

  Christine Heidebrink Black Hills Best Realty

  438 S 14th St, Hot Springs, SD 57747
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  /19

  $225,000

  • 2 Beds

  333 Saint Paul St, Rapid City, SD 57701

  Awesome income potential in this well-located up/down duplex just five minutes from both the hospital and downtown! This property features two established rental units with great tenants already in place. The main floor unit offers two bedrooms, one full bathroom with a tub/shower combo, and convenient off-street parking. The upstairs unit includes one bedroom, one bathroom with a shower, and its

  Stacey Nelson RE/MAX RESULTS

  333 Saint Paul St, Rapid City, SD 57701
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  /17

  $349,900

  • 4 Beds
  • 4 Baths
  • 1,873 Sq Ft

  1300 E 6th St, Sioux Falls, SD 57103

  Full of charm and investment appeal, this well-maintained 4-plex is a rare opportunity in today’s market. The property features two upper-level apartments, each with one bedroom and one bath; a spacious main-floor unit offering two bedrooms and one bath, and an efficiency apartment in the lower level. A coin-operated laundry provides additional income, while tenants are responsible for their own

  Tonya Madsen 605 Real Estate LLC

  1300 E 6th St, Sioux Falls, SD 57103
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  /34

  $169,900

  • 4 Beds
  • 2 Baths
  • 2,062 Sq Ft

  202 Prospect St, Vermillion, SD 57069

  Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood

  Lori Whitman Maloney Real Estate

  202 Prospect St, Vermillion, SD 57069
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  /15

  $244,000

  • 4 Beds

  815 Haines Ave, Rapid City, SD 57701

  This home could be a single-family home or used as a duplex. 2 bedrooms up and 2 down. Each level with 1 bath. Lower level is a walkout to the backyard. Attached single car garage. Storage shed in the backyard.

  JEANIA MIDDLETON EXIT REALTY BLACK HILLS

  815 Haines Ave, Rapid City, SD 57701
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  /24

  $255,000

  • 4 Beds

  3030 W Omaha St, Rapid City, SD 57702

  Westside duplex. Upper unit is 2 bedroom, 1 bath. Hardwood floors, fireplace, washer/dryer in unit. Tenant lease is through 6/30/2026. Lower unit is a walk-out 2 bedroom, 1 bath, fireplace and washer/dryer in unit. Tenant has been there 7 years and is on month-to-month lease. Tenants pay their own electric and gas directly with the utility companies. Water, sewer, garbage is split with each unit

  JEANIA MIDDLETON EXIT REALTY BLACK HILLS

  3030 W Omaha St, Rapid City, SD 57702
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  /29

  $425,000

  • Studio

  1909 7th Ave, Belle Fourche, SD 57717

  Listed by Jason Richards | JR Realty Team – The Real Estate Center of Spearfish | 605-381-1087. Opportunity with Development Upside! Located on a 1.47-acre parcel zoned multi-family residential, this well-maintained property features a fully remodeled duplex and ample space for future development. Each unit in the 2,160 sq. ft. single-level duplex offers 1,080 sq. ft., 3 bedrooms, and 1 full

  Jason Richards The Real Estate Center of Spearfish

  1909 7th Ave, Belle Fourche, SD 57717
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  /44

  $2,500,000

  • Studio

  27291 Evans St, Hot Springs, SD 57747

  Escape to Hidden Lake Campground, a rare opportunity to own a thriving campground and private spring-fed lake in the heart of the Black Hills. This well-established property features 23 RV spaces with full hookups, 10 fully furnished cabins, a modern shower and bath house, laundry, playground, and maintenance shop. Guests enjoy easy access to fire pits, picnic areas, and outdoor recreation, all

  Christine Heidebrink Black Hills Best Realty

  27291 Evans St, Hot Springs, SD 57747
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  /27

  $110,000

  • Studio

  113 3rd St, Newell, SD 57760

  Check this opportunity out! 2 Story, 7-bedroom boarding home in Newell. 3 City lots. There is a nice 2-car garage 24x28 with a concrete floor, The main level laundry is open for tenants to use as available. The main level features a kitchen, dining, laundry room, living room, 3 bedrooms,1 1/2 baths, and a back porch. Upper level includes 4 bedrooms 1 shared bath. There is a new furnace one year

  Bud Hannah RE/MAX In The Hills

  113 3rd St, Newell, SD 57760
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  /13

  $315,000

  • 8 Beds
  • 4 Baths
  • 2,880 Sq Ft

  706 Dakota Ave, Big Stone City, SD 57216

  Very Nice income producing 4 Plex in Big Stone City. This property features four 2 Bedroom 1 Bath apartments. All units have a full kitchen large living roon and washer and dryer. Sits on almost 1/2 acre lot so there is plenty of room to add one or two more buildings if you choose.

  Brandon Peery 203 Realty

  706 Dakota Ave, Big Stone City, SD 57216
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  /11

  $268,900

  • 4 Beds

  409 S Madison Ave, New Underwood, SD 57761

  Fantastic rental property!! Both units include 2 bedrooms 1 bath, with unit 1 access to attached single car garage. Both units recently updated. Cap rate is 8%.

  Diane Wilcox COLDWELL BANKER BLACK HILLS LEGACY

  409 S Madison Ave, New Underwood, SD 57761
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  /39

  $320,000

  • 5 Beds
  • 3 Baths
  • 2,466 Sq Ft

  310 N van Eps Ave, Sioux Falls, SD 57103

  Lovely Triplex near Central Sioux Falls. Great Investment Opportunity! Washer and Dryer in lower level with storage area. Separate entrances and off street paved parking. Two bedroom unit on the main level and another 2 bedroom outside up the stairs to the upper unit. There is a basement 1 bedroom unit. Come live in one unit and rent out the rest, or just keep it fully rented out! Tenants pay

  Andrew Adam Adam Realty LLC

  310 N van Eps Ave, Sioux Falls, SD 57103
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  /65

  $3,500,000

  • 30,624 Sq Ft

  480 Jersey Ave NE, Huron, SD 57350

  *Buhl Apartments* 1075 4th St NE, 440 & 480 Jersey NE, Huron, SD 57350 + 11-50x150 Bare Lots Plenty of Room to build more apartments! - Full Occupancy Estimated Cap Rate 8.28%, Age 1995(1075), 1992(440), 1993(480), 31-2 bedroom & 5-1-bedroom apartments. Personal property included: 36 Ranges, 36 Refrigerators, 36 Dishwashers, 36 Garages & GDOs, 3 water softeners, all window coverings, 6-coin op

  Phelan Stahl Action Realty

  480 Jersey Ave NE, Huron, SD 57350
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  /26

  $308,000

  • Studio

  205 Ziebach St, Belle Fourche, SD 57717

  Versatile Duplex Just Minutes from the Beautiful Black Hills! Don’t miss this incredible opportunity to own a well-maintained duplex with a smart and functional layout—perfect for investors or owner-occupants! Located just minutes from the stunning Black Hills, this property offers both convenience and lifestyle. The main unit features 3 spacious bedrooms and 2 full baths, with a bright open

  Traci Nowowiejski eXp Realty

  205 Ziebach St, Belle Fourche, SD 57717
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  /5

  $269,000

  • Studio
  • 1,864 Sq Ft

  514 S Summit Ave, Sioux Falls, SD 57104

  Great investment opportunity. Great ROI opportunity. Gross rents per month $3,400. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. All units are occupied. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

  Terry Keller Market First Real Estate

  514 S Summit Ave, Sioux Falls, SD 57104
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  /2

  $1,200,000

  • 9 Beds
  • 11 Baths
  • 7,250 Sq Ft

  304 - 308 S Conklin Ave, Sioux Falls, SD 57103

  Conklin Apartments, located at 304–308 S. Conklin Ave in Sioux Falls, offers an excellent opportunity to acquire a 12-unit multifamily property in a strong rental market. Built in 1975, this Class B garden-style complex features a mix of one studio unit at 450 sq. ft., five one-bedroom units at 550 sq. ft., and six two-bedroom units at 675 sq. ft., for a total of 7,250 net rentable square feet

  Blake Bohner 605 Real Estate LLC

  304 - 308 S Conklin Ave, Sioux Falls, SD 57103
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  /66

  $325,000

  • 5 Beds
  • 4 Baths
  • 2,806 Sq Ft

  902 W 8th St Unit 3, Sioux Falls, SD 57104

  Investment Opportunity! Discover this triplex offering three spacious and separate units, each with its own private entrance. Perfect for investors or owner-occupants looking to generate rental income, this property features a solid rental history and excellent cash-flow potential. Units include a mix of 1- and 2-bedroom layouts, providing flexibility for a variety of tenants. Conveniently

  Stephanie Rodriguez Real Broker LLC

  902 W 8th St Unit 3, Sioux Falls, SD 57104
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  /28

  $399,900

  • Studio

  8 Baltimore St, Lead, SD 57754

  8 Baltimore Ave, Lead, SD – This recently remodeled duplex offers an excellent investment opportunity or the perfect live-in/rent-out option. Each unit features 3 spacious bedrooms, an updated full bath, large living areas, new appliances, modern floor coverings, and stylish updated fixtures. This historic property has been thoughtfully improved with new siding, asphalt shingles, windows, decks,

  Crystal Wiles Battle Creek Agency

  8 Baltimore St, Lead, SD 57754

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