$324,000
- 8 Beds
- 4 Baths
- 3,553 Sq Ft
1203 E Cherry St, Vermillion, SD 57069
Barbara Iacino Dakota Realty & Property Mgmt
4
Vermillion, SD Multifamily Homes & Duplexes for Sale
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1203 E Cherry St, Vermillion, SD 57069
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Explore Vermillion
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$374,000
- 15 Beds
- 6 Baths
- 5,275 Sq Ft
1203 E Cherry St, Vermillion, SD 57069
1203 E Cherry St, Vermillion, SD 57069Barbara Iacino Dakota Realty
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$399,000
- 12 Beds
- 8 Baths
- 5,177 Sq Ft
25 Prospect St Unit 1-7, 23, Vermillion, SD 57069
25 Prospect St Unit 1-7, 23, Vermillion, SD 57069Jessi Wilharm Maloney Real Estate
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$750,000
- Studio
- 10,800 Sq Ft
121 W Kidder St, Vermillion, SD 57069
121 W Kidder St, Vermillion, SD 57069Kris O'Connor Dakota Realty
Why Live in Vermillion
Vermillion, South Dakota, is a lively college town known for its walkable and bikeable environment, with a variety of shops, restaurants, and museums easily accessible from residential areas. The University of South Dakota, with nearly 10,000 students, significantly influences the town's dynamic atmosphere. Local employment opportunities at Sanford Health and Polaris Industries attract both graduates and new residents. Vermillion offers an outdoor lifestyle with amenities such as The Bluffs, an 18-hole golf course, and around 90 acres of parkland, including Prentis Park with its renovated pool and water slide. The National Music Museum on the USD campus is a cultural highlight, featuring an extensive collection of instruments and live music events. Housing options in Vermillion range from apartments and historic homes near the USD campus to new constructions in areas like Bliss Pointe and Jack Powell Addition. The town's Main Street, recently renovated, hosts a variety of local businesses, dining options, and entertainment venues, with events like Thursdays on the Platz showcasing local music and cuisine. Vermillion's crime rates are below state and national averages, contributing to its appeal. The town is well-connected with public transportation, including bus routes to Sioux Falls and Sioux City, and is about 45 miles from Sioux Gateway Airport.
Home Trends in Vermillion, SD
On average, homes in Vermillion, SD sell after 67 days on the market compared to the national average of 70 days. The median sale price for homes in Vermillion, SD over the last 12 months is $250,000, down 15% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$250,000
Median Single Family Sale Price
$260,000
Median Townhouse Sale Price
$365,000
Average Price Per Sq Ft
$155
Number of Homes for Sale
15
Last 12 months Home Sales
124
Months of Supply
1.50
Median List Price
$279,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-15%
In Vermillion, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $324,000 to $750,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Vermillion is $279,900, while the average sale price is $282,574, offering insights into the local housing market. On average, multi-family homes spend 67 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Vermillion, SD.
Vermillion Types of Homes for Sale
More About Living in Vermillion
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