South Dakota Apartment Buildings for Sale

16 properties available.
1 photo
Mobridge, SD 57601

Multi-Family

$995,00023,844 SF

Unit mix includes two buildings which together have 23,844 sq. ft. and contain twenty-five 2-bedroom units, five 1-bedroom units and three efficiency units, two of which are fully furnished and the third is currently used an office. Each unit has own off-street parking space on hard surfaced parking lot, plus ample on-street parking available. Recent updates include new water heater, new carpet and LED lighting in hallways and new flooring in laundry room. Landlord in process of updating apartments; a handful already complete, including appliances, flooring, walls and bathroom fixtures. Tenants is responsible for electric and cable. Landlord is responsible for heat, water, sewer, garbage, snow removal and lawn care. 8' X 28' (224 sq. ft.) storage shed included. Common laundry room in each building. Built in 1965 (Riverview) and 1967 (Riverside).

17 photos
Rapid City, SD 57701

Multi-Family

$145,0001,744 SF

$21,600 Gross rent, owner pays $4,358 in taxes and insurance. Currently vacant. Long term rental history on the home and a new long term lease with Verizon for a cell tower. Residential lease is $1100/mo. Seller is a licensed agent in the state of South Dakota and a member of JD Muth Investments. This manufactured home includes three bedrooms, 2 baths and a detached 2 car oversized garage. This property is located on a 1 acre lot and features a stone gas fireplace, a master bath with a corner garden tub. This home does not have a permanent foundation.

6 photos
Yankton, SD 57078

Multi-Family

$215,0009,342 SF

This property is currently vacant and needs some work but has tons of potential! 19 unit complex consists of 3 two bedroom units, 2 efficiency apartments and 14 one bedroom apartments, also included is a 5 stall garage. Being sold AS IS . ~~ Owner open to joint ventures, possible partnership via LLC, WILL consider ""trades"" ~~recent improvements include: : Flat roof has rubber membrane just resealed in 2014 also new gutters with open- face downspouts, new concrete parapet and cap, tuck-pointing, new front steps on Mulberry.

6 photos
Sioux Falls, SD 57103

Multi-Family

$2,200,00041,600 SF

Lloyd Companies is proud to present the Majestic View Townhomes located in Sioux Falls, South Dakota. Majestic View consists of 40 units with a unit mix of studio, two-bedroom and three-bedroom townhome style units. The site is approximately 2.73 acres with 4 townhome style buildings built in 1995 with adequate surface parking and detached garages.

2 photos
Salem, SD 57058

Multi-Family

$48,8001,576 SF

8.28% Cap Rate Duplex located in Salem, SD Each unit is two bedroom, one bath Tenants responsible for electric and cable Landlord responsible for sewer, water, heat, garbage, snow removal and lawn care 1,576 total building sq. ft. Built in 1969 Lot size is 5,940 sq. ft. Real Estate Taxes are $1,932.60 Salem is the County Seat of McCook County in South Dakota Washer & dryer in each unit Prefer to be sold with 6-plex also listed for sale (see Salem six-plex) 140 E Norton

9 photos
Rapid City, SD 57701

Multi-Family

$12,000,000177,680 SF

Centrally located property in the heart of Rapid City, South Dakota with great access to commercial services and just south of Interstate 90. Excellent value add opportunity - rents have not been raised in over 17 years! Cap rate shown is based on owner proforma after rents are increased to market, current cap rate is 5.8% based on trailing 12 months. 244 Units, unit mix consists of one bedroom, two bedroom and three bedroom apartments. Property sits on approximately 11.2 acres of land. 104 units built in 1974, 70 units built in 1978, remaining 70 units built in 1984. 68 garage stalls - 401 parking spots - 3 story buildings. Full financials and rent roll available with signed confidentiality agreement.

14 photos
Spearfish, SD 57783

Multi-Family

$160,0001,008 SF

Great little starter home! Three bedrooms, 1 bath, main floor laundry room, fenced back yard, deck, oversized single garage. Patio doors from dining room to back deck. Storage shed in back yard stays.

26 photos
Lead, SD 57754

Multi-Family

$439,9002,376 SF

Alpine Getaway in the Heart of the Hills! This unique, fully furnished 3 bedroom, 3½ bath vacation home features 2 master suites! Easy entertaining in this open floor plan home which includes, rock fireplace and wood floors. This Gilded Mountain Subdivision home is located in the Heart of the Recreation, just minutes from Mickleson Trail, Terry Peak and 1.5 miles to Lead. This unique property comes with use of the Clubhouse pool, hot tubs, steam room, game room and meeting area. Great potential for rental income!

4 photos
Salem, SD 57058

Multi-Family

$183,2004,016 SF

8.62% Cap Rate Six units in a brick building located in Salem, SD Unit mix includes two 2-bedroom units and four 1-bedroom units Washer & dryer in each unit Tenants responsible for electric and cable Landlord responsible fo sewer, water, heat, garbage, snow removal and lawn care 4,016 total building square feet The 2-bedroom units have attached garages Built in 1968 Each unit has its own driveway Lot size is 6,930 sq. ft. Real Estate Taxes are $3,095.22 Salem is the County Seat of McCook County in South Dakota Sale price includes a four-garage structure behind the property

20 photos
Spearfish, SD 57783

Multi-Family

$89,0001,350 SF

Handyman special with 2 large deeded lots. Abundance of trees and flowers within walking distance to Spearfish Creek. NOT in flood plain. Minimal covenants. Modulars and mobile homes allowed with foundation as per county regulations. Located at end of the cul de sac. Partially fenced. Is now vacant and owners in process of removing personal property. Has had some roof damage. Needs wiring replaced. Has community water and SVSD (sewer) for each lot.

South Dakota Apartment Buildings for Sale

Search duplexes, garden-style and large, multi-family apartment buildings for sale on Cityfeet.com. There are tens of thousands of apartment buildings for sale on Cityfeet, with apartment buildings being one of the most popular property types for Cityfeet investors. For more available apartment buildings visit LoopNet.com.

Select a State to Drill Down and Find Local Apartment Buildings for Sale Availabilities