Apartment Building

Custer, SD Apartment Buildings for Sale

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Hot Springs, SD Hill City, SD Keystone, SD
28-Unit Apartment Building
Updated: Oct 23
28-Unit Apartment Building

545 Lincoln, Custer, SD 57730

$1,700,000
17,480 sqft 0.70 AC lot
28 apartments: 14 studios at approximately 403 square feet and 14 one‑bedrooms at approximately 528 square feet
Approximately 17,480 square feet on 0.7 acre
Two‑story buildings constructed in 1972
26 on‑site parking spaces, including 6 accessible spaces
TPO roof membrane and replacement boiler circulation pumps completed in 2022
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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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2 active listings match your search: Apartment Building for sale in Custer, SD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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
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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5-Unit Apartment Building
5-Unit Apartment Building

314 5TH ST, Spearfish, SD 57783

$659,000

The property includes a shared laundry room, a detached garage, and 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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22-Unit Apartment Community
22-Unit Apartment Community

TBD 1954-1984 RUSSELL ST, Spearfish, SD 57783

$5,685,000

Eleven duplex buildings provide furnished apartments with private outdoor space and off-street parking.

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Custer, SD Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Custer, SD on our real estate platform. These investment opportunities span a total of 17,480 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for apartment complexes in Custer, SD average $1,700,000 — 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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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Custer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57730 $1.7M

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%

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