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    Clay County, SD Apartment Buildings for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Lead, SD Tea, SD Watertown, SD Huron, SD
    Vermillion Multifamily Investment Opportunity
    Updated: Feb 22
    Vermillion Multifamily Investment Opportunity

    1000 S Crawford Rd, Vermillion, SD 57069

    $2,080,000
    6,560 sqft 0.72 AC lot
    100% Occupancy: Provides immediate and consistent income stream.
    Strong Cash Flow: Current NOI of $145,553 and a 7.00% cap rate.
    Value‑Add Opportunity: Rents are currently below market, offering potential for increased revenue.
    Nearly Fully Renovated: Reduces immediate capital expenditure needs.
    Stabilized Asset: Dependable performance in a consistently strong market.
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    8-Unit Multifamily Building
    Updated: Jul 9
    8-Unit Multifamily Building

    611 1st St, Wakonda, SD 57073

    $465,000
    8‑unit multifamily building built in 1975 in Wakonda, SD
    Unit mix includes seven 2‑bedroom units and one 1‑bedroom unit
    Off‑street parking for residents
    On‑site coin‑operated laundry
    New pitched roof completed in spring 2026
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    Student Housing Portfolio Opportunity
    Student Housing Portfolio Opportunity

    1000 N Dakota St, Vermillion, SD 57069

    Contact for pricing

    Student housing portfolio totaling 310 beds across 127 units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fully Leased Apartment Property
    Fully Leased Apartment Property

    1317 Madison Street, Vermillion, SD 57069

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    Multifamily property combining apartment and townhome residences with laundry equipment inside each unit.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    1001 N Dakota St, Vermillion, SD 57069

    Contact for pricing

    Student housing near the University of South Dakota.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 5 Active listings in Clay County, SD, we suggest exploring several alternatives:

    Clay County, SD Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Clay County, SD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,560 square feet of properties for sale, with an estimated market value of $2,545,000.

    Sale prices for two-family homes in Clay County, SD start at $465,000, averaging $1,272,500, and reaching up to $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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