Apartment Building

Lead, SD Apartment Buildings for Sale

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Deadwood, SD Spearfish, SD Sturgis, SD
Thirteen-Unit Apartment Complex For Sale
Updated: Mar 18, 2025
Thirteen-Unit Apartment Complex For Sale

300 Aspen Drive, Lead, SD 57754

$1,195,000
12,328 sqft
Excellent value at approximately $100/square foot and $100,000/door.
Recent updates include a new roof, siding, decks, and windows (2019).
Meticulously cared for grounds and pristine location.
13‑unit complex with a mix of 2‑bed/1‑bath and 1‑bed/1‑bath units.
History of meeting and exceeding HUD and Rural Development inspection standards.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lead, 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.

8-Unit Apartment Building with Parking
8-Unit Apartment Building with Parking

811 Mallow Street, Rapid City, SD 57701

$999,500
5,198 sqft · 0.40 AC lot

Eight-unit apartment building with private parking, zero-entry ground access, and in-unit laundry plus separate electric meters.

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Non-Conforming 8-Unit Apartment Building
Non-Conforming 8-Unit Apartment Building

10 E QUINCY, Rapid City, SD 57701

$899,000

8-unit multifamily with off-street parking, coin laundry, and landlord-paid utilities.

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Downtown 6-Plex with Detached Home
Downtown 6-Plex with Detached Home

103 W 7th St, Gillette, WY 82716

$700,000
5,350 sqft · 0.20 AC lot

Recently remodeled 6-plex plus a detached 1-bedroom home with off-street parking near downtown amenities.

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Gillette Apartment Complex For Sale
Gillette Apartment Complex For Sale

1922-1931 Harvest Moon Dr, Gillette, WY 82718

$5,900,000
3,384 sqft · 0.20 AC lot

Ten well-maintained 4-plex units with good rental history.

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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.

Norman Land For Luxury Condos
Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000
0.74 AC lot

Prime Norman land suitable for luxury condos development.

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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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Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

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

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Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lead, SD Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lead, SD on our real estate platform. These investment opportunities span a total of 12,328 square feet of properties for sale, with an estimated market value of $1,195,000.

Sale prices for two-family homes in Lead, SD start at $1,195,000, averaging $1,195,000, and reaching up to $1,195,000 — 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 3,605
Population Growth (5Y) -4.8%
Median Household Income $57,017
College Educated 26.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57754 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $26.82 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

Total CRE Inventory on Market (SF)

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