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    South Dakota Apartment Buildings for Sale

    29 results
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    Iconic Restaurant with Apartment
    $900,000
    8,640 SF

    Iconic Restaurant with Apartment

    306 N Veterans St, Flandreau, SD 57028

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

    • Iconic restaurant location in Flandreau.
    • Includes a fully equipped restaurant with dining room, kitchen, lounge, and bar.
    • Features two party rooms in the lower level.
    • Includes a two‑bedroom apartment in the lower level.
    • Durable metal roof.
    Updated: Dec 5, 2025
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    Spearfish 5-Plex Investment Opportunity
    $659,000
    4,305 SF

    Spearfish 5-Plex Investment Opportunity

    314 5Th St, Spearfish, SD 57783

    Five-unit apartment building in downtown Spearfish, fully occupied.

    • 100% occupancy rate as a 5‑plex rental investment in downtown Spearfish.
    • Four of the five units have been remodeled with new appliances, fixtures, flooring, cabinets, vanities, countertops, sinks, and toilets.
    • Includes a larger 2‑bedroom, 1‑bathroom basement unit.
    • Detached garage accessed from the alley, plus additional parking and front off‑street parking.
    • Common laundry room in the basement.
    Updated: Aug 12, 2025
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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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    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
    View details
    Rapid City Multifamily Investment Opportunity
    $1,625,000

    Rapid City Multifamily Investment Opportunity

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

    123 E Nowlin St, Rapid City, SD 57701
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    Iconic Mixed-Use Building in Spearfish
    $3,200,000
    63,000 SF

    Iconic Mixed-Use Building in Spearfish

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

    604 Main St, Spearfish, SD 57783
    View details
    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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    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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    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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    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
    View details
    Spearfish Multifamily Investment
    $2,200,000
    8,685 SF

    Spearfish Multifamily Investment

    31-Unit Apartment Complex, High Demand

    230 Main St, Spearfish, SD 57783
    View details
    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
    View details
    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
    View details
    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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    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
    View details
    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
    View details
    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
    View details
    Historic Hot Springs Mixed-Use Building
    $950,999
    10,395 SF

    Historic Hot Springs Mixed-Use Building

    Exceptional historic building with retail, residential, and garage spaces.

    401 N River St, Hot Springs, SD 57747
    View details

    South Dakota Apartment Buildings Investment Opportunities Market Analysis

    Explore 130 apartment buildings for sale in South Dakota, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 1,261,586 square feet of properties for sale, with an estimated market value of $10,952,800.

    Prices for two-family homes in South Dakota start at $100,000, averaging $842,523, 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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