South Dakota Multifamily Homes & Duplexes for Sale

/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
/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
/18
$1,125,000
- Studio
- 529 Sq Ft
809 S Sherman Ave, Sioux Falls, SD 57104

Attention investors! 14-plex all on one level complete with common area lobby and off-street parking! All units are 1 bed / 1 bath. No stairs in this mostly brick building. Enjoy the ease and efficiency of owning 14 ground-level apartments in one structure! Property is currently enrolled in HUD Section 8 Senior (62+) income assistance program and will be 100% occupied as of Sept 1st. HUD has

Clay Wilhelm The Experience Real Estate

809 S Sherman Ave, Sioux Falls, SD 57104
/25
$179,500
- 4 Beds
- 2 Baths
- 1,530 Sq Ft
320 N Broadway St, Canton, SD 57013

Discover an opportunity with this 2-story duplex—perfect for owner-occupants, investors, or multi-generational living. Each unit offers comfortable, independent living with its own private entrance and in-unit laundry. The main floor unit features 2 bedrooms and 1 full bathroom, an inviting living room, and a spacious eat-in kitchen—ideal for everyday living and entertaining. Residents of this

Ron Weber Hegg, REALTORS

320 N Broadway St, Canton, SD 57013
/31
$450,900
- Studio
205 Upper Valley Rd, Spearfish, SD 57783

Listed by Tashi Braun, Re/Max In The Hills, 605-641-3342. Fantastic investment opportunity or ideal for multi-generational living. This up/down duplex features two self contained units with separate entrances. The upper unit features three bedrooms and two bathrooms while the bottom unit, freshly updated, features two bedrooms and one bathroom. The upper unit enjoys abundant natural light while

Tashi Braun RE/MAX In The Hills

205 Upper Valley Rd, Spearfish, SD 57783
/54
$850,000
- 5,376 Sq Ft
1101 S Lawler St, Mitchell, SD 57301

Spectacular multi-family investment: newly-completely townhome four-plex. All 4 units are approx. 1,344 sq ft, 3-bdrms/2-bths w/ 15'x30' attached garages, spacious closets, separate utility meters, vinyl plank flooring, stainless steel appliances, window treatments, & private laundry in each unit. Seller has not started leasing units, giving a buyer flexibility to set rental rates.

Brian Eliason Janklow Eliason Real Estate

1101 S Lawler St, Mitchell, SD 57301
/20
$349,900
- 6 Beds
- 3 Baths
- 1,510 Sq Ft
612 E Kemp Ave, Watertown, SD 57201

Investor Alert! Fully leased tri-plex in the heart of Watertown generating $3,050/month in gross rents. Features (3) 2BR/1BA units, off-street parking, and a strong rental history. Solid condition with long-term tenants and stable cash flow. Priced at $349,900 with a 7%+ cap rate, this is a great turnkey opportunity just blocks from Uptown and Lake Area Tech.

Lynn Morris THE REALTY TEAM

612 E Kemp Ave, Watertown, SD 57201
/18
$199,000
- 2 Beds
- 1 Bath
- 1,182 Sq Ft
20 S Indiana Ave, Platte, SD 57369

! CHARMING RANCH-STYLE HOME WITH ABUNDANT STORAGE ON A SPACIOUS LOT ! Welcome to this beautifully updated ranch-style home offering a warm and inviting flow from one end of the living space to the other. With 2 bedrooms and 1.5 bathrooms, this 1,182 sq ft home also features a functioning 972 sq ft basement-perfect for additional space, hobbies, or storage. Located on a generous 1/3 acre lot

Brent Veurink Farmers National Company

20 S Indiana Ave, Platte, SD 57369
/26
$120,000
- 2,784 Sq Ft
100 Grant Ave, Volin, SD 57072

Opportunity awaits in Volin, SD. This 4-unit split-level apartment building sits on a 0.24-acre lot and includes four 1-bedroom, 1-bath units. All units are equipped with electric baseboard heat and window AC. A shared laundry room with coin-operated washer and dryer is included, as well as another area for coin-op laundry. There is a detached garage for added storage. While some units will

Kerry Woehl The Move Group

100 Grant Ave, Volin, SD 57072
/14
$158,000
211 N Lincoln St, Aberdeen, SD 57401

Investor Alert! You are going to love this triplex! Great occupancy rate! The owner also improved the property for years to come by adding additional sump pump, additional water proofing and drain tile. Another recent round of renovations include new walls, carpet, sheetrock, exterior steps and landscaping. Upper level tenant is paying $425 a month, the main floor tenant is $788 and the lower

Austin Stage A+ Realty, LLC

211 N Lincoln St, Aberdeen, SD 57401
/11
$350,000
902 Main St, Webster, SD 57274

If you are ready to make the jump into rentals, this could be the property! 2- 2 bedroom units and 1- 1 one bedroom unit. Fully occupied. New roof, windows, and siding. One garage stall per apartment is included.

Elizabeth Stoks A+ Realty, LLC

902 Main St, Webster, SD 57274
/35
$155,000
- 1 Bed
- 1 Bath
- 2,280 Sq Ft
315 5th St SE, Watertown, SD 57201

Investor Special! Opportunity is knocking with this handyman special that's perfect for an investor seeking a rental property or a contractor looking for their next flip. This property is brimming with potential and ready for someone with vision to bring it back to life! Conveniently located between Highway 212 & downtown. This home has a private driveway & alley access for off-street parking.

Dorette Clark PLATINUM REALTY, INC.

315 5th St SE, Watertown, SD 57201
/31
$239,000
- 4 Beds
- 2 Baths
- 1,148 Sq Ft
209 Lakeview Ave, Chamberlain, SD 57325

Must see to appreciate the numerous updates, inside and out. What first appears to be a small home and yard, turns out to be just the opposite. Large eat-in kitchen with room to add on more cabinets and customize if desired. Three bedrooms on the main floor with a new bathroom in 2023. Basement has been finished very nicely with a bathroom walk-in shower, family room, storage, laundry and a

Jeannine Hickey-Reuer Chamberlain Real Estate Professionals LLC

209 Lakeview Ave, Chamberlain, SD 57325
/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
/59
$392,400
- Studio
- 2,178 Sq Ft
3801 S Hawthorne Ave, Sioux Falls, SD 57105

Very nice duplex in south central Sioux Falls. Each side has three bedrooms and two baths. The large detached garage provides sheltered off street parking. Nice floor plan with main floor living and three bedrooms on the upper level. Lots of possibilities here...live in one side and rent out the other or rent out both sides. Check this one out today!

Zack Winter Keller Williams Realty Sioux Falls

3801 S Hawthorne Ave, Sioux Falls, SD 57105
/29
$212,000
- Studio
- 1,393 Sq Ft
710 S Walts Ave, Sioux Falls, SD 57104

Live in One, Rent the Other – Opportunity Awaits! Whether you're a savvy investor or a future homeowner looking to offset your mortgage, this versatile duplex near Sanford and USF checks all the boxes! Perfectly set up with separate utilities for each level, this property offers two fully functional living spaces under one roof. The main level features a spacious living and dining area, 2

Nick Thompson Keller Williams Realty Sioux Falls

710 S Walts Ave, Sioux Falls, SD 57104
/66
$950,000
- 4 Beds
- 7 Baths
- 9,342 Sq Ft
101 N Main Ave, Hartford, SD 57033

This historic mixed-use building in South Dakota, built with Sioux Quartz, offers a blend of commercial and residential space along with additional land. The ground floor boasts commercial areas with impressive 10' to 14' ceilings, beautiful wood floors, and abundant character. Currently divided into two vacant commercial units, they are ready for leasing. Access the second-floor loft through a

David Shelton CENTURY 21 Advantage

101 N Main Ave, Hartford, SD 57033
/8
$665,000
- 6 Beds
410 1st St, Keystone, SD 57751

HERE IS A RARE FIND!!! This 5plesx sits in the middle of old town Keystone. Each unit has been remodeled features a kitchenette, and furnished with all new furniture. This is your perfect opportunity to use as an VRBO/airbnb or long term rental. There is a detached 2 car garage with an upper area that could be used as another apartment or storage.

Diane Wilcox COLDWELL BANKER BLACK HILLS LEGACY

410 1st St, Keystone, SD 57751
/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
/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
/14
$655,000
- 15 Beds
- 8 Baths
- 7,104 Sq Ft
201 Wicker St, Gayville, SD 57031

Cash flowing 8-plex in Gayville, SD. Great rental history and well-maintained. Take advantage of the new 100% Bonus Depreciation and add Wicker St to your portfolio. Buyer to verify all square footage of units. Property consists of 7 2-bedroom and 1 1-bedroom units. Currently the 1-bedroom is vacant.

Michelle Maloney Maloney Real Estate

201 Wicker St, Gayville, SD 57031
/16
$724,750
- 8 Beds
- 6 Baths
- 5,144 Sq Ft
3403 -3409 W 93rd St, Sioux Falls, SD 57108

PRICE IMPROVEMENT ON "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $2,899,000.00 This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in combined gross monthly income, this portfolio is already producing cash and tenant-approved. Each unit lives like a standalone home,

Judd Lindquist Hegg, REALTORS

3403 -3409 W 93rd St, Sioux Falls, SD 57108
/15
$724,750
- 8 Beds
- 6 Baths
- 4,460 Sq Ft
3503 W 93rd St, Sioux Falls, SD 57108

PRICE IMPROVEMENT ON "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $2,899,000.00 This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in combined gross monthly income, this portfolio is already producing cash and tenant-approved. Each unit lives like a standalone home,

Judd Lindquist Hegg, REALTORS

3503 W 93rd St, Sioux Falls, SD 57108
/13
$724,750
- 8 Beds
- 8 Baths
- 5,070 Sq Ft
3604 W 93rd St, Sioux Falls, SD 57108

PRICE IMPROVEMENT ON "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $2,899,000.00 This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in combined gross monthly income, this portfolio is already producing cash and tenant-approved. Each unit lives like a standalone home,

Judd Lindquist Hegg, REALTORS

3604 W 93rd St, Sioux Falls, SD 57108
/16
$724,750
- 10 Beds
- 8 Baths
- 5,070 Sq Ft
3600 W 93rd St, Sioux Falls, SD 57108

PRICE IMPROVEMENT ON "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $2,899,000.00 This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in combined gross monthly income, this portfolio is already producing cash and tenant-approved. Each unit lives like a standalone home,

Judd Lindquist Hegg, REALTORS

3600 W 93rd St, Sioux Falls, SD 57108
/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 - SF Allen Team

227 N Spring Ave, Sioux Falls, SD 57104
/2
$324,000
- 8 Beds
- 4 Baths
- 3,553 Sq Ft
1203 E Cherry St, Vermillion, SD 57069

2 adjacent homes zoned commercial. Excellent area for future development. easy to rent, close to USD campus. High traffic count and visibility. 1203 E Cherry is a nicely remodeled SFR. 1209 E Cherry is an updated SFR. 1203 and 1209, tenants pay all utils. 2. Prime location that pays for itself until you develop. 1203 can be $189500 separately. 1209 can be 185500 separately.

Barbara Iacino Dakota Realty & Property Mgmt

1203 E Cherry St, Vermillion, SD 57069
/18
$519,900
- 12 Beds
- 4 Baths
- 4,712 Sq Ft
201 3rd St SE, Watertown, SD 57201

Investor alert! this nice 4-plex in the center of Watertown is on the market!! These updated units have 3 bedrooms and one bath with separate entrances per unit and comes with a one stall detached garage. Mostly newer/updated windows,shingles, rubber roof in 2008, electrical panel, plumbing, 4 refrigerators, 4 stoves, with 3 unites renting for 900 a month and 4th unit is under going remodeling

Jim Pieper JP REAL ESTATE

201 3rd St SE, Watertown, SD 57201
/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
/17
$149,900
- 4 Beds
- 2 Baths
- 1,728 Sq Ft
209 W 7th St, Redfield, SD 57469

4 bedroom, 2 bath, family room

Laurie Stahl Redfield Realty

209 W 7th St, Redfield, SD 57469
/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

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