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    Elk Point, SD Apartment Buildings for Sale

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    Westfield, IA Akron, SD Burbank, SD
    Completely Updated Apartment Complex
    $475,000
    7,536 SF
    Completely Updated Apartment Complex

    304 S Douglas, Elk Point, SD 57025

    Updated five-unit apartment building with designated off-street parking for each unit near school and downtown.
    • 5‑unit apartment complex with three 3‑bedroom units and two 2‑bedroom units
    • Exterior updates include vinyl siding, a new roof, and new windows
    • Each unit has designated off‑street parking
    • Heating includes forced air and baseboard; cooling is provided by window unit(s)
    • Year built: 1972
    Updated: Mar 12
    View details
    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
    $2,080,000
    0.72 Acres
    Stabilized 24-Unit Apartment Building

    Two-building multifamily property offers 24 residences, 100% occupancy, and a largely renovated interior package.

    1000-1008 S Crawford Rd, Vermillion, SD 57069

    View details
    Updated 5-Plex Multifamily Building
    $360,000
    3,579 SF
    Updated 5-Plex Multifamily Building

    North-side 5-plex with updated exterior and common areas, including recent unit remodels and long-term tenants.

    2512 Jones, Sioux City, IA 51104

    View details
    Vermillion Multifamily Investment Opportunity
    $2,080,000
    6,560 SF
    Vermillion Multifamily Investment Opportunity

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

    1000 South Crawford Road, Vermillion, SD 57069

    View details
    Renovated 5-Unit Rental Property
    $245,000
    2,680 SF
    Renovated 5-Unit Rental Property

    Fully renovated 5-unit rental property with recent upgrades.

    1600 Nebraska St, Sioux City, IA 51105

    View details

    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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    Elk Point, SD Apartment Buildings Investment Opportunities Market Analysis

    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 start at $475,000, averaging $475,000, and reaching up to $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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