South Dakota Multifamily Homes & Duplexes for Sale

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  /24

  $1,120,000

  • Studio
  • 5,860 Sq Ft

  6801 W Gresford Place, Sioux Falls, SD 57106

  Discover an incredible income-generating opportunity with this well-maintained 4-unit multifamily property! This turnkey investment is perfect for both seasoned investors and those looking to build wealth through real estate. Each townhome has 3 spacious bedrooms on the same level, 2 and a half bathrooms, a 2 car attached garage, and in-unit washers and dryers. You'll have immediate cash flow, as

  Maggie Miller Hegg, REALTORS

  6801 W Gresford Place, Sioux Falls, SD 57106
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  /20

  $249,000

  • 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. 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. Very appealing location near thriving downtown, Cherry Rock Park, and Avera Hospital. The bike path is just two blocks away. Unlimited possibilities are available for owner occupant, maybe a

  Dave Holmoe Savings Real Estate & Apprsl

  1426 E 17th St, Sioux Falls, SD 57104
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  /36

  $1,625,000

  • Studio

  123 E Nowlin St Unit 125,127,129,131,133,, Rapid City, SD 57701

  Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded

  Nicole Petrik Engel & Völkers

  123 E Nowlin St Unit 125,127,129,131,133,, Rapid City, SD 57701
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  /29

  $283,000

  • Studio

  1127 Holcomb Ave, Rapid City, SD 57701

  Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 7.2% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom,

  Madison Reeves Keller Williams Realty Black Hills SP

  1127 Holcomb Ave, Rapid City, SD 57701
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  /39

  $499,900

  • 7 Beds
  • 4 Baths
  • 3,422 Sq Ft

  615 W Bennett St, Sioux Falls, SD 57104

  Attention Investors!!! 3 Two Bedroom One Bath apartments and 1 large One Bedroom One Bath apartment. There are 4 garages that go with the building. Newer parking pad, washer/dryer, and brand new roof and gutters! Three of the units were completely remodeled in 2022. Schedule your showing of this multifamily property on the north end of town and see the potential returns you could get! Occupied

  Andrew Adam Adam Realty LLC

  615 W Bennett St, Sioux Falls, SD 57104
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  /40

  $1,700,000

  • Studio

  603 N River St, Hot Springs, SD 57747

  Amazing business opportunity in this 32,000 sq ft charming historic multi use building in the heart of Hot Springs, SD. The grand hotel lobby will stun you with tall ceilings, hardwood floors, and a grand staircase. The pride of ownership shows throughout. Many opportunities include the stunning remodeled venue space that seats 254 guests with kitchen area & private bathroom access, 14 elegant

  Ariel Rudland WEST RIVER REALTY, LLC

  603 N River St, Hot Springs, SD 57747
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  /12

  $1,513,000

  • 3 Beds

  225 E Watertown St, Rapid City, SD 57701

  Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for

  Ed Dreyer RE/MAX ADVANTAGE

  225 E Watertown St, Rapid City, SD 57701
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  /17

  $724,000

  • 10 Beds

  1111 Silver St, Rapid City, SD 57701

  Looking for an investment opportunity. This 4-unit complex with washer and dryer unit in each unit washer and dryers stay with the complex, and updated flooring is waiting for you. The parking area was recently sealed. All units have a wall AC unit. Each unit has it own water heater and heated by electric radiant heat. Two 2 bedroom units and two 3 bedroom units.

  KIEF HANSEN THE REAL ESTATE GROUP, INC.

  1111 Silver St, Rapid City, SD 57701
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  /36

  $489,900

  • Studio

  409 S Main St, Lead, SD 57754

  Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Watch your investment grow with this tri-plex that sits within walking distance to the Mickelson Trail and everything that is downtown Lead. Inside you will find a 3 bed-1 bath unit, a 2 bed-1 bath unit, and a 1 bed-1 bath unit - each with their own laundry hook-ups. Enjoy the convenience of having

  Scot Munro Great Peaks Realty

  409 S Main St, Lead, SD 57754
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  /29

  $369,900

  • Studio
  • 2,818 Sq Ft

  925 W 12th St, Sioux Falls, SD 57104

  Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer,

  Jackson Dorhout Alpine Commerical

  925 W 12th St, Sioux Falls, SD 57104
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  /5

  $298,000

  • Studio
  • 1,864 Sq Ft

  514 S Summit Ave, Sioux Falls, SD 57104

  Great investment opportunity. Great ROI opportunity. This Tri-Plex has 3 bedrooms and and 1 bathroom on the main level. All new carpet on the main level. 3 bedroom recently vacant. The other 2 units are 2 bedroom and 1 bath. Both upstairs 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
• 

  

  /21

  $699,000

  • Studio

  314 N 5th St, Spearfish, SD 57783

  For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled with new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units

  Heath Gran Great Peaks Realty

  314 N 5th St, Spearfish, SD 57783
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  /93

  $9,999,000

  • 82,368 Sq Ft

  2021-2231 N Kimball St, Mitchell, SD 57301

  Northview Estates is a well-maintained and upscale 72-unit multi-family apartment complex located on the north side of Mitchell, SD. Each unit has 2 bdrms; 54 units 2 bthrms & 18 units have 1 bthrm, plus 84 garages. The construction of the property utilized top-quality materials (gyp-crete floors, double-stud walls, etc.). Property is in excellent condition with great operating history.

  Brian Eliason Janklow Eliason Real Estate

  2021-2231 N Kimball St, Mitchell, SD 57301
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  /17

  $525,000

  • Studio

  620 West Blvd, Rapid City, SD 57701

  Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended

  Shannon Brinker TRUE NORTH ASSET GROUP

  620 West Blvd, Rapid City, SD 57701
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  /46

  $615,000

  • 11 Beds
  • 9 Baths
  • 5,050 Sq Ft

  2805 E Bragstad Dr, Sioux Falls, SD 57103

  Hard to find tri-plex in SE Sioux Falls neighborhood close to the bike trails! 2 units feature 4 bedrooms and 2 1/2 baths. The 3rd unit offers 3 bedrooms 2 1/2 baths. Each unit has a private garage stall and 1 parking place in the parking lot. These are 2 story units with the bedrooms, laundry with washer/dryers included and a full bath upstairs, living room, eat-in kitchen and 1/2 bath on the

  Chance Wachholtz Hegg, REALTORS

  2805 E Bragstad Dr, Sioux Falls, SD 57103
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  /50

  $670,000

  • 11 Beds
  • 9 Baths
  • 5,050 Sq Ft

  2809 E Bragstad Dr, Sioux Falls, SD 57103

  Hard to find tri-plex in SE Sioux Falls neighborhood close to the bike trails! 2 units feature 4 bedrooms and 2 1/2 baths. The 3rd unit offers 3 bedrooms 2 1/2 baths. Each unit has a private garage stall and 1 parking place in the parking lot. These are 2 story units with the bedrooms, laundry with washer/dryers included and a full bath upstairs, living room, eat-in kitchen and 1/2 bath on the

  Chance Wachholtz Hegg, REALTORS

  2809 E Bragstad Dr, Sioux Falls, SD 57103
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  /13

  $225,000

  • 5 Beds

  920 Haines Ave, Rapid City, SD 57701

  This triplex presents a fantastic investment opportunity with strong income potential. Each unit has a separate electric meter, while water and natural gas are shared, with tenants reimbursing the owner for water, sewer, and trash costs as follows: Main Floor 50%, Lower Level 25%, Upper Level 25%. Main Floor Unit: 2 bedrooms, 1 bathroom, a living room, family room, and kitchen. Currently

  RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

  920 Haines Ave, Rapid City, SD 57701
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  /35

  $399,000

  • Studio

  406 & 410 Jennings Ave, Hot Springs, SD 57747

  Prime Investment Opportunity or Multi-Generational Living in Hot Springs! Unlock the potential of this spacious duplex at 406 & 410 Jennings Avenue—perfect for investors or homeowners looking to offset their mortgage by renting out one unit! Conveniently located just a short walk to downtown Hot Springs, where you’ll find great dining, shopping, and entertainment. Both units feature beautiful

  Christine Heidebrink Mt. Rushmore Properties

  406 & 410 Jennings Ave, Hot Springs, SD 57747
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  /27

  $159,000

  • 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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  /36

  $298,000

  112 S Arch St, Aberdeen, SD 57401

  This updated 6 unit apartment is ready for tenants! With new flooring, paint and appliances it has great income potential! Tenants pay utilities which equals better return on investment. 1 - 2 Bed, 1 Bath, Full kitchen 1 - 1 Bath efficiency (no kitchen) 1 - 1 Bath, efficiency, Full kitchen 3 - 1 Bed,1 Bath, Full Kitchen

  Erica Schaeffer FIRST PREMIER REALTY, LLC

  112 S Arch St, Aberdeen, SD 57401
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  /40

  $1,200,000

  • 8 Beds

  3616 & 3626 Serendipity Ln, Rapid City, SD 57702

  Great investment opportunity! Well maintained 8 plex (2 - 4 plex units) located in the beautiful Chapel Valley area. Each unit is 2 bedrooms, 1 bathroom, approx. 854 sq and some units have a small deck or patio space. All units are baseboard heating and some have wall mounted a/c units. Many updates include new windows in 2017 and 2018, UL4 asphalt shingle roof in 2021 and some new dishwashers

  Ariel Rudland WEST RIVER REALTY, LLC

  3616 & 3626 Serendipity Ln, Rapid City, SD 57702
• 

  

  /19

  $324,900

  • 6 Beds

  621 East Blvd N Unit East Boulevard N, Rapid City, SD 57701

  This fully occupied triplex is a fantastic addition to any portfolio! With varying unit sizes (1BR, 2BR, 3BR), remodeled interiors, and recent appraisal, this property is set up for strong rental income. Each unit features in-unit laundry, and tenants enjoy a large backyard with a chain-link fence and plenty of off-street parking. The 1,044 sq. ft. garage is currently rented, providing

  Jeffery Christians REAL BROKER - SPEARFISH

  621 East Blvd N Unit East Boulevard N, Rapid City, SD 57701
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  /14

  $3,180,000

  • 5 Beds

  1013 N Lacrosse St, Rapid City, SD 57701

  Excellent investment opportunity in Rapid City! 30 unit apartment complex with a mix of 3 bedroom 1 bath units (12) and 2 bedroom 1 bath units ( 18). All units have washer and dryer hook-ups, fridge, stove/oven. Recent improvements include; Updated exteriors in 2019, new centralized boilers in each building (3) 2022, landscaping 2021, parking lot resurfaced in 2022, security system 2022. Located

  Ed Dreyer RE/MAX ADVANTAGE

  1013 N Lacrosse St, Rapid City, SD 57701
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  /40

  $325,000

  • 5 Beds

  625 St Cloud St, Rapid City, SD 57701

  Charming east side home that can also be used as a duplex!! Brand new kitchen in the upstairs. Cabinets, counters, sinks. All new flooring. Upstairs has all new carpet paint, trim. Some landscaping and will be finishing a small retaining wall. Great rental potential! Lower level is currently rented. Tenant pays their own electric and gas. Water, sewer, and garbage is split between both units.

  Daneen Jacquot SOUTH DAKOTA PROPERTIES

  625 St Cloud St, Rapid City, SD 57701
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  /51

  $3,200,000

  • Studio
  • 28,288 Sq Ft

  4700 W 41st St, Sioux Falls, SD 57106

  Welcome to this fantastic investment opportunity! With 32 units, each featuring two bedrooms and one bath, spread across 8 buildings, this property offers both spacious living and investment potential. Convenient off-street parking ensures hassle-free accommodation for tenants. Situated on the west side, it's close to shopping, restaurants, and entertainment, making it highly desirable. The

  Tara Allen Keller Williams Realty Sioux Falls

  4700 W 41st St, Sioux Falls, SD 57106
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  /38

  $599,900

  • 9 Beds
  • 4 Baths
  • 2,992 Sq Ft

  220 NE 9th St, Madison, SD 57042

  Premium location for rental income with this triplex and oversized double garage on almost 3/4 acre with potential for future development. Located near the Madison Community Center, Beacom Premier Complex and Dakota State University. This property has a 4 bedroom 2 bath unit, 3 bedroom 1 bath unit and 2 bedroom 1 bath unit. The oversized 28x28 garage could be rented for additional revenue, but

  Adam Foland EXIT Realty Advantage

  220 NE 9th St, Madison, SD 57042
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  /20

  $249,900

  • Studio

  710 Haines Ave, Rapid City, SD 57701

  Well-maintained tri-plex close to downtown Rapid City, new roof and siding in 2020, new electrical meters to all three units and individual gas meters to all units, lots of off-street parking for the tenants, rents are under market and should be adjusted and a water fee should be applied landlord replaced some windows and decking in 2023 so maintenance expenses were higher than usual, Lots of

  John Roberts The Real Estate Group Rapid City

  710 Haines Ave, Rapid City, SD 57701
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  /7

  $615,000

  • 15 Beds
  • 6 Baths
  • 5,275 Sq Ft

  1203-09-15 E Cherry, Vermillion, SD 57069

  3 adjacent houses that rent for $5750/mo, all with commercial zoning. 224 frontage and 180 depth. Excellent traffic count and visibility, close to USD campus. Across fom new bank and surrounded by lots of newer construction. Prime location that pays for itself till you are ready to develop. Excellent investment opportunity. 1203 and 1209 are recently remodeled. 1215 is a duplex, Fully rented.

  Barbara Iacino Dakota Realty

  1203-09-15 E Cherry, Vermillion, SD 57069
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  /32

  $225,000

  • 4 Beds

  300 E Adams St, Rapid City, SD 57701

  Great cash flow rental! This up/down duplex is on a corner lot. Both units have spacious kitchens. There are divided storage units located at the back of the property. Upper unit is rented at $1,225 per month and lower unit at $1,125 per month. This is a great opportunity for an investor.

  RONALD SASSO COLDWELL BANKER BLACK HILLS LEGACY

  300 E Adams St, Rapid City, SD 57701
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  /48

  $79,900

  • Studio
  • 9,000 Sq Ft

  250 Church St N, Canova, SD 57321

  Historic 1922 Canova Hospital. Bring your dreams and your contractors! A beautiful building that needs much TLC. A new roof was added and new underground electrical was brought to the building in 2023. The building has 9 numbered bedrooms on the upper floor and multiple multi-purpose rooms on the first floor. The lot behind the building was purchased and is added to this property to help

  Mary Leary Dakota Homes Realty, LLC

  250 Church St N, Canova, SD 57321
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  /17

  $1,490,000

  10 9th Ave SW, Aberdeen, SD 57401

  INVESTMENT Opportunity! 22 apt units Plus a Garage / Shop. Owner pays Water/Sewer/Garbage. Tenants pay their own Heat and Electric! The Apartment Units have been updated and the property has been well cared for!

  Melanie Bobby Jency Realty Company

  10 9th Ave SW, Aberdeen, SD 57401
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  /27

  $237,900

  • 2 Beds
  • 1 Bath
  • 1,045 Sq Ft

  1903 4th Ave SW, Watertown, SD 57201

  This beautifully maintained twin home offers a perfect blend of comfort and convenience. Featuring two generously sized bedrooms and a full bathroom, this home is ideal for those seeking low-maintenance living without sacrificing space. The open-concept layout seamlessly connects the living room, kitchen, and dining area, making it perfect for both relaxing and entertaining. The main floor also

  MORGAN HOFF REAL ESTATE PROFESSIONALS

  1903 4th Ave SW, Watertown, SD 57201
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  /28

  $249,000

  1206 S Penn St, Aberdeen, SD 57401

  Duplex Opportunity! New Investors you can use your FHA opportunities here if you live in one of the units! What a great way to build for your future! A 3 bedroom and a 2 bedroom with garage space! Call your lender today to get qualified!

  Melanie Bobby Jency Realty Company

  1206 S Penn St, Aberdeen, SD 57401
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  /3

  $2,400,000

  19 7th Ave SE, Aberdeen, SD 57401

  Investors! This Apt building is one of my personal favorites in Aberdeen. Plenty of Parking, Great Location! 39 Unit Apartment Building with an elevator, Electrical was updated to meter heat to each unit. Roof in excellent condition and was completely redone in 2013. Tenants pay all utilities accept water sewer garbage.

  Melanie Bobby Jency Realty Company

  19 7th Ave SE, Aberdeen, SD 57401
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  /19

  $1,295,000

  • Studio

  300 Aspen Dr, Lead, SD 57754

  Call or Text Listing Agent Kade Welfl-605 210 0010. This 13-unit apartment complex is composed of 9-2 Bed, 1 Bath and 4-1 Bed, 1 Bath Units. The grounds have been meticulously cared for and the property is situated in a pristine location. Recent updates include a new roof and underlayment, new siding, decks, and windows in 2019 as well as exterior masonry around the entire building. The building

  Kade Welfl THE REAL ESTATE CENTER OF SPEARFISH

  300 Aspen Dr, Lead, SD 57754
• 

  

  /19

  $1,295,000

  • Studio

  300 Aspen Rd, Lead, SD 57754

  Call or Text Listing Agent Kade Welfl-605 210 0010. This 13-unit apartment complex is composed of 9-2 Bed, 1 Bath and 4-1 Bed, 1 Bath Units. The grounds have been meticulously cared for and the property is situated in a pristine location. Recent updates include a new roof and underlayment, new siding, decks, and windows in 2019 as well as exterior masonry around the entire building. The building

  Kade Welfl The Real Estate Center of Spearfish

  300 Aspen Rd, Lead, SD 57754
• 

  

  /35

  $575,000

  • Studio

  5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703

  Looking for a unique opportunity to have an income-generating property? Welcome to Corbin Drive! This property features 3 homes with 4 rentable units all on 1.72 acres and 2 separate lots. There are multiple opportunities with this sale: live in one unit and rent the others, rent all 4 units or buy and sell off 3 units. Current leases need 60 days notice to vacate. The house features 2 units with

  CIERRA VANDERPOL Black Hills SD Realty

  5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703
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  /33

  $349,900

  • 5 Beds
  • 3 Baths
  • 2,559 Sq Ft

  817 W 15th St, Sioux Falls, SD 57104

  Great Tri-Plex in Central Sioux Falls fully occupied. Building also comes with detached four stall garage, one for each unit and an extra stall for an owner who wants more storage. Main level and lower level boast two bedrooms and one bathroom each and upper level is a one bed one bath.

  Shawn Martins Amy Stockberger Real Estate

  817 W 15th St, Sioux Falls, SD 57104
• 

  

  /3

  $2,639,000

  • 36 Beds
  • 12 Baths
  • 15,280 Sq Ft

  908 Arrow Ave NE, Watertown, SD 57201

  12 unit apartment complex. All units have central air, washer/dryer, stove, fridge, & microwave furnished. All units are fully rented for June 2025-2026 at a rate of $1,350 monthly.*Owner is licensed real estate agent

  Michael Lawrence ACCESS REAL ESTATE

  908 Arrow Ave NE, Watertown, SD 57201
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  /8

  $199,900

  • 3,828 Sq Ft

  916 Pine St, Yankton, SD 57078

  Calling all investors!! This 4-plex is located in the heart of Yankton. There are two 3-bedroom units and a 2 bedroom unit occupied by very long term tenants. The basement unit is a 3 bedroom as well but does not have egress windows by todays standards, it is vacant and ready to remodel! Updated electrical. New shingles on garage and building in 2017, new concrete in 2014. There is some work to

  Erica Knox Lewis and Clark Realty Inc - Broadway

  916 Pine St, Yankton, SD 57078

Showing Results 41 - 80, Page 2 of 4