Apartment Building

Elk Point, SD Apartment Buildings for Sale

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Westfield, IA Burbank, SD Akron, SD Beresford, SD Vermillion, SD Jefferson, SD Ponca, NE Hawarden, IA
Updated Five-Unit Apartment Building
Updated: Mar 12
Updated Five-Unit Apartment Building

304 S Douglas, Elk Point, SD 57025

$475,000
7,536 sqft 0.18 AC lot
Five‑unit apartment building with three 3‑bedroom and two 2‑bedroom units
7,536 square feet on a 0.183‑acre lot
Exterior upgrades include vinyl siding, new roof, and new windows
Each unit has designated off‑street parking
Located a block from Elk Point‑Jefferson School and downtown Elk Point
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Point, 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.

15-Unit Apartment Building
15-Unit Apartment Building

301 21st Street, Sioux City, IA 51104

$1,025,000
9,000 sqft 0.08 AC lot

Four-level property with remodeled residences, new appliances, and a recently installed roof.

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Vermillion Multifamily Investment Opportunity
Vermillion Multifamily Investment Opportunity

1000 S Crawford Rd, Vermillion, SD 57069

$2,080,000
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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Fully Leased Apartment Property
Fully Leased Apartment Property

1317 Madison Street, Vermillion, SD 57069

Contact for pricing

Multifamily property combining apartment and townhome residences with laundry equipment inside each unit.

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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

Total CRE Inventory on Market (SF)

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