South Dakota Apartment Buildings for Sale

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114 Oak Street E

Sisseton, SD 57262

Multi-Family

$32,000836 SF

Great income producing property. 2 bedroom apartment, close to downtown. Walking distance to bank, cafe and post office. Steel siding, fenced in back yard. Two bedrooms, one bath, 836 sq ft living space. Tile kitchen floor. Currently a $450 a month rental income. 114 East Oak Street. Seller is related to listing agent.

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207 Lindbergh Avenue

Rapid City, SD 57701

Multi-Family

$74,9001,804 SF

Great opportunity to own a duplex as an investment property. Rent both or live in one and rent one. Tenants on upper level are month-to-month leasees and the property is currently managed through A & A. Upper level features 2 bedrooms with walk-in closets, 1 bath, kitchen, living room, mud room and bonus room, which could serve as a 3rd bedroom. Great wood deck offering nice view of Rapid City and the Black Hills. The lower level is vacant and features 2 bedrooms, 1 bathroom, a kitchen and laundry room. No step access. Inside and outside of the property are distressed and this is reflected in the pricing. Convenient location with off-street parking for both upper and lower levels. Utilities are currently shared between tenant and landlord.Note: Seller purchased property in 2008 for $124,400. Property does need work, so bring your contractor or contractor skills. $124,400 less $74,900 = $49 ,500 price reduction. With your offer, provide pre-approval letter stating the amount of funds you're approved for or a cash proof of funds letter stating how much you're approved for. Seller will not provide a home inspection, a survey or title fees. Seller is a broker associate in SD.

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603 Williams

Wall, SD 57790

Multi-Family

$225,0006,816 SF

8 Unit Apartment Project constructed in 1979. The Building consists of 7-2 bedroom units and one ADA accessible 1 bedroom unit. These are the only market rent multifamily housing facility in Wall SD. Multiple units are offered fully furnished to seasonal tenants. Others are long term. Primary rental sources are National Park Service School District, and USDA Forrest Service. 1) $400/mo 1 bdrm unit partially furnished, this lease expires at the end of October, will raise rent to $450/mo. 2) $500/mo 2 bdrm fully furnished, new lease at $550/mo started Oct 1. 3) $450/mo 2 bdrm not furnished 4) $425/mo 2 bdrm, tenant receives reduced rent to clean commons area 5) Vacant 2 bdrm 6) $450/mo 2 bdrm partially furnished, new lease at $500/mo started Sept 26th. 7) $450/mo 2 bdrm not furnished 8) $450/mo not furnished, tenant is leaving this month, will rent at $550/mo

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828 Illinois Avenue Sw

Huron, SD 57350

Multi-Family

$759,00020,064 SF

Great Investment Property. Selling the Admiral Apartments as a package. Unit #1 at 828 Illinois SW has 11 - 2 BR Units. Unit #2 at 150 8th St SW also has 11 - 2 BR Units. Package also includes 8 parking garages and a maintenance facility. Proven track record with previously high occupancy rates. Great location, across from the New Splash Central water park. Appliances included. Broker Owned.

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214 Bower

Vermillion, SD 57069

Multi-Family

$2,200,00030,000 SF

10 year old, 12-2 bedroom 770 sq. ft. and 12-3bedroom 2 bath 1222 sq. ft. 30,000 sq. ft. Appraised at $2,200,000, ($72 sq. ft.) at time of purchase (Sept. 2009)

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417 Mulberry Street

Yankton, SD 57078

Multi-Family

$225,0009,342 SF

This property is currently vacant and needs some work but has tons of potential ! Great investment opportunity-50% down, owner will carry 50% WAC. 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.

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4101 S Western Avenue

Sioux Falls, SD 57105

Multi-Family

$7,091,568Size Upon Req.

Excellent visibility from I-229. Located just off of I-229 on Western Avenue. Present use of site is as a mobile home park. Tremendous redevelopment potential!

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240 Fairway Drive

Spearfish, SD 57783

Multi-Family

$309,9002,854 SF

Well-maintained townhome in an exclusive, quiet, nicely landscaped neighborhood on the golf course in the Country Club Estates of Spearfish. Plenty of room for golf cart, motorcycle, cars, workshop, and storage in the spacious two-car plus garage. Minutes from downtown and the interstate and close proximity to an extensive paved trail system. Majestic view of Spearfish Canyon, Spearfish Mountain and the Black Hills to the south and Lookout Mountain to the north. Heated flooring in the kitchen, living room/dining room, and two of the bathrooms. The main floor includes kitchen, sunroom, living room/dining room, laundry, master suite and large window to the south. Upstairs is the office/great room/bar with fireplace and built-in book shelves, entertainment center, and desk, bedroom and bathroom, all with spectacular views. Lower level includes a second bedroom suite. All of this plus two decks, central vacuum, steam shower and loads of storage space combine to make this a fabulous home

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920 6th Avenue

Belle Fourche, SD 57717

Multi-Family

$199,9994,090 SF

Historic large home close to downtown, completely remodeled to the studs and rafters. New sewer & water lines to the street. New electrical wiring with 200 Amp to House, 100 Amp to garage. New custom wood trim in home to match original. Open floor plan in living/dining area with new large windows on the east and south side. Stone faced fireplace in open area. Mudroom off kitchen. Large wood pocket doors to kitchen. Kitchen has hickory cabinets and trayed ceiling. Large office/den off kitchen could be bedroom. New light fixtures throughout house. Cement board siding. Paved patio in front. Garage is sheet rocked. Shared driveway. Washer, dryer, microwave, swing set and playhouse do not stay.

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515 Nw 9th Street

Madison, SD 57042

Multi-Family

$1,095,000Size Upon Req.

73 total lots, 59 occupied. 11 acres. Two double garages, maintenance equipment included. No park owned homes. Sub meter on water and electric billed to residents. Natural gas billed directly to residents by Northwestern Energy. Current lot rent is $210-$215 month (RV's pay $265 month), includes cable and trash. $10 rent increase scheduled for January 2015.

South Dakota Apartment Buildings for Sale

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