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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Custer, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

314 5th Street, Spearfish, SD 57783

$659,000
4,305 sqft

Downtown multifamily property with remodeled units, off-street parking, shared laundry, and alley-accessed garage.

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5-Unit Apartment Building
5-Unit Apartment Building

1948 Hillsview Dr, Rapid City, SD 57702

$549,900
0.90 AC lot

Updated multifamily property near Canyon Lake Park, schools, shopping, and restaurants with tenant and owner storage options.

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22-Unit Apartment Property
22-Unit Apartment Property

TBD 1954-1984 Russell Street, Spearfish, SD 57783

$5,685,000
3.25 AC lot

Modern furnished apartments offer open layouts, private outdoor space, and dedicated off-street parking.

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27-Unit Apartment Building with Garages
27-Unit Apartment Building with Garages

3313 Leland Ln, Rapid City, SD 57702

$1,649,000

Apartment property with on-site laundry, multiple unit layouts, and separate garage facilities.

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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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