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South Dakota Apartment Buildings for Sale

30 results
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Rapid City Multifamily Investment Opportunity
$1,625,000

Rapid City Multifamily Investment Opportunity

123 E Nowlin St, Rapid City, SD 57701

Well-maintained 12-unit complex in growing Rapid City, South Dakota.

  • 12‑unit complex (six duplexes) offering a significant investment opportunity in a growing market (Rapid City).
  • Each duplex sits on a separately plotted lot, allowing for individual sale or package sale flexibility.
  • Each unit features 2 bedrooms and 1 bathroom, appealing to a broad tenant base.
  • Tenants pay their own gas and electric utilities, reducing landlord expenses.
  • Units are equipped with essential appliances: stove, refrigerator, window air conditioner, gas water heater, and forced air heating.
Updated: Oct 6, 2025
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Iconic Mixed-Use Building in Spearfish
$3,200,000
63,000 SF

Iconic Mixed-Use Building in Spearfish

604 Main St, Spearfish, SD 57783

Mixed-use property with retail, office, and residential units in Spearfish.

  • Iconic, well‑producing commercial property in Spearfish, South Dakota.
  • Mixture of retail shops on Main Street level and diverse second‑floor uses (dance studio, offices, apartments).
  • Includes a refinished 2‑bedroom, 2‑bathroom loft apartment.
  • Five apartments, including a large studio and three 2‑bedroom units.
  • Updated HVAC, electrical, and plumbing systems.
Updated: Oct 16, 2025
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23-Unit Apartment Complex in Lead, SD
$1,690,000
15,727 SF

23-Unit Apartment Complex in Lead, SD

Investment opportunity: 23-unit apartment complex with expansion potential.

200 Montana Ave, Lead, SD 57754
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Well-Maintained 5-Plex Apartment Building
$630,000
5,744 SF

Well-Maintained 5-Plex Apartment Building

Single-level 5-plex built in 2005 with steady rental income.

2405-2416 Prairie Eagle Cir, Huron, SD 57350
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Commercial Building with Living Quarters
$783,800
2,364 SF

Commercial Building with Living Quarters

Well-maintained commercial building with rental options and living space.

1100 Mt. Rushmore Rd, Custer, SD 57730
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Iconic Restaurant with Apartment
$900,000
8,640 SF

Iconic Restaurant with Apartment

Restaurant with bar, party rooms, and apartment in Flandreau.

306 N Veterans St, Flandreau, SD 57028
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Versatile Commercial Property with Apartment
$220,000
4,675 SF

Versatile Commercial Property with Apartment

Spacious commercial building with open floor plan and upstairs apartment.

149 Dakota Ave S, Huron, SD 57350
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Rapid City Multifamily Investment Opportunity
$825,000

Rapid City Multifamily Investment Opportunity

Well-maintained six-unit complex in growing Rapid City.

201 E Nowlin St, Rapid City, SD 57701
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Downtown Aberdeen Mixed-Use Opportunity
$749,000
6,670 SF

Downtown Aberdeen Mixed-Use Opportunity

Retail with office/apartment potential in a prime downtown location.

224 S Main St, Aberdeen, SD 57401
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Spearfish Duplex Investment Opportunity
$4,349,000
3.25 Acres

Spearfish Duplex Investment Opportunity

Income-producing duplexes with expansion potential in Spearfish, South Dakota.

1931-1984 Russell St, Spearfish, SD 57783
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Apartment Building Investment Opportunity
$515,000

Apartment Building Investment Opportunity

Well-maintained apartment building with nine units and on-site laundry.

1720 E Park St, Pierre, SD 57501
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Hot Springs Multifamily Investment Property
$1,250,000

Hot Springs Multifamily Investment Property

Section 8 multifamily property in Hot Springs, South Dakota.

1601 Evanston Ave Ave, Hot Springs, SD 57747
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Spearfish 5-Plex Investment Opportunity
$659,000
4,305 SF

Spearfish 5-Plex Investment Opportunity

Fully occupied 5-plex with remodeled units and new roof.

314 5Th St, Spearfish, SD 57783
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Lemmon, SD Multifamily Investment
$100,000
2,688 SF

Lemmon, SD Multifamily Investment

Five-unit apartment building, high ROI potential.

605 Main Ave, Lemmon, SD 57638
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Spearfish Multifamily Investment
$2,200,000
8,685 SF

Spearfish Multifamily Investment

31-Unit Apartment Complex, High Demand

230 Main St, Spearfish, SD 57783
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Historic Watertown Mixed-Use
$725,000
9,700 SF

Historic Watertown Mixed-Use

Thriving restaurant, apartments. High occupancy.

16 Kemp Ave, Watertown, SD 57201
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Watertown Mixed-Use Portfolio
$1,700,000
52,642 SF

Watertown Mixed-Use Portfolio

Historic Charm, Prime Location, High Potential

1 Kemp And 6 - 8, Watertown, SD 57201
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Multifamily Property in Madison, SD
$2,500,000

Multifamily Property in Madison, SD

Former high school converted to multifamily with underground parking.

210 Center St West, Madison, SD 57042
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Mixed-Use Property With Retail
$875,000
12,554 SF

Mixed-Use Property With Retail

Mixed-use property featuring apartments and retail spaces for sale.

2412 E 10Th St, Sioux Falls, SD 57103
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Multifamily Property with Garage Stalls
$962,000

Multifamily Property with Garage Stalls

20-unit multifamily property featuring garage stalls and recent roof.

411 S Henry St, Pierre, SD 57501
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North Sioux City Multifamily Property
$1,050,000
14,012 SF

North Sioux City Multifamily Property

Well-maintained 14-unit multifamily property in North Sioux City, South Dakota.

800 Highway 105 N, North Sioux City, SD 57049
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Vermillion Multifamily Investment Opportunity
Contact for pricing
60,749 SF

Vermillion Multifamily Investment Opportunity

Fully leased Class A multifamily property in Vermillion, South Dakota.

1317 Madison St, Vermillion, SD 57069
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Historic Mixed-Use Building in Mitchell
$2,050,000
51,600 SF

Historic Mixed-Use Building in Mitchell

Mixed-use property with income potential in downtown Mitchell.

117 East 3Rd Ave, Mitchell, SD 57301
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Leased Apartments and Retail Spaces
$875,000

Leased Apartments and Retail Spaces

Fully leased apartments and retail spaces for sale.

121-125 E 10Th St, Sioux Falls, SD 57103
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South Dakota Apartment Buildings Investment Opportunities Market Analysis

Explore 131 apartment buildings for sale in South Dakota, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 1,286,415 square feet of properties for sale, with an estimated market value of $12,602,800.

Prices for two-family homes in South Dakota start at $100,000, averaging $900,200, and reaching up to $4,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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