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Custer, SD Apartment Buildings for Sale

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Renovated Multi-Family Property in Custer
Updated: Feb 26
Renovated Multi-Family Property in Custer

437 Montgomery St, Custer, SD 57730

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Completely renovated with updated plumbing, electrical, roofs, windows, parking lot and all new interiors including appliances, flooring and fixtures.
Excellent location near downtown Custer.
13‑unit multi‑family property with a mix of 4‑plexes and a 5‑plex.
Four (4) fully‑furnished units that could be converted to overnight rentals to maximize revenue.
Significant capital improvements made by the seller.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Custer, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

6-Plex Apartment with Separate 1-Bedroom Home
6-Plex Apartment with Separate 1-Bedroom Home

103 W 7th St, Gillette, WY 82716

$700,000
5,350 sqft 0.20 AC lot

R-2 zoned 6-plex plus separate 1-bedroom home with off-street parking and recently remodeled units.

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8-Unit Multifamily Apartment Building
8-Unit Multifamily Apartment Building

10 E Quincy Street, Rapid City, SD 57701

$899,000
0.16 AC lot

Eight-unit multifamily property with coin-operated laundry, off-street parking, and landlord-paid utilities.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

811 MALLOW ST, Rapid City, SD 57701

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5,198 sqft

Eight apartments offer varied two- and three-bedroom layouts with on-site private parking.

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Apartment Building with Ten 4-Plex Units
Apartment Building with Ten 4-Plex Units

1922-1931 Harvest Moon Dr, Gillette, WY 82718

$5,900,000
3,384 sqft 0.20 AC lot

PUD-zoned apartment complex with ten fully occupied 4-plex units, new furnaces and water heaters, and large parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Multi-Family Zoned Lot Near EWU
Multi-Family Zoned Lot Near EWU

7 5th Street, Cheney, WA 99004

$460,000
16,000 sqft 0.37 AC lot

16,000 sq ft multi-family zoned lot near Eastern Washington University.

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Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

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0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Custer, SD Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Custer, SD on our real estate platform.

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Demographics Overview

Population 5,647
Population Growth (5Y) -2.1%
Median Household Income $81,911
College Educated 45.7%

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $24.51 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Custer County

New Delisted

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