Apartment Building

Elk Point, SD Apartment Buildings for Sale

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Westfield, IA Akron, SD Burbank, SD Beresford, SD Vermillion, SD Jefferson, SD Adelanto, CA Sioux City, IA
Updated Apartment Complex
Updated: Mar 12
Updated Apartment Complex

304 S Douglas, Elk Point, SD 57025

$475,000
7,536 sqft 0.18 AC lot
Completely updated apartment complex built in 1972
5 total units: three 3‑bedroom and two 2‑bedroom apartments
Each unit includes designated off‑street parking
Exterior improvements include vinyl siding, a new roof, and new windows
Heating includes forced air and baseboard; cooling includes window unit(s)
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Point, 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.

Stabilized 24-Unit Apartment Building
Stabilized 24-Unit Apartment Building

1000-1008 S Crawford Rd, Vermillion, SD 57069

$2,080,000
0.72 AC lot

Two-building multifamily property offers 24 units, including 22 two-bedrooms and 2 one-bedrooms, on 0.72 acres.

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Vermillion Multifamily Investment Opportunity
Vermillion Multifamily Investment Opportunity

1000 South Crawford Road, Vermillion, SD 57069

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6,560 sqft 0.72 AC lot

Stabilized 24-unit multifamily property in Vermillion, South Dakota.

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Multi-Family Development Property
Multi-Family Development Property

217 19th Street, Sioux City, IA 51105

Contact for pricing
82,257 sqft

Development option offered for a multifamily property located at 217 19th Street in Sioux City, Iowa.

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Ground-Floor Retail Space with Patio
Ground-Floor Retail Space with Patio

1220 4th Street, Sioux City, IA 51101

Contact for pricing
0.56 AC lot

Ground-floor commercial space with patio access and dedicated retail restrooms within a mixed-use development.

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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.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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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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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Elk Point, SD Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Elk Point, SD on our real estate platform. These investment opportunities span a total of 7,536 square feet of properties for sale, with an estimated market value of $475,000.

Sale prices for two-family homes in Elk Point, SD average $475,000 — 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 3,165
Population Growth (5Y) +6.0%
Median Household Income $88,466
College Educated 41.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57025 $475K

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $21.39 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

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