Apartment Building

Lemmon, SD Apartment Buildings for Sale

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Hettinger, ND
Residential Income Property For Sale
Updated: Jan 19, 2023
Residential Income Property For Sale

605 Main Ave, Lemmon, SD 57638

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2,688 sqft
Potential for double‑digit ROI.
Live in one unit and rent out the others to cover mortgage costs.
Features four 1‑bedroom apartments, three currently rented.
Includes one unfinished 2‑bedroom garden apartment.
Includes one unfinished 1‑bedroom main floor apartment.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lemmon, 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.

One-Story Townhome Apartment Complex
One-Story Townhome Apartment Complex

407 & 409 Millionaire Ave, Mott, ND 58646

$825,000
1,060 sqft 0.97 AC lot

Eight one-story townhomes plus a bonus unit in Mott, ND with attached insulated garages and natural gas heat.

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Apartment Building with Private Garages
Apartment Building with Private Garages

2920 Warwick Loop, Bismarck, ND 58504

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7,880 sqft 0.49 AC lot

Six-unit apartment property with individual garages, storage garages, in-unit climate control, and coin-operated laundry facilities.

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Nine-Unit Apartment Building
Nine-Unit Apartment Building

501 Memorial Hwy, Bismarck, ND 58504

$585,000
2,910 sqft

Fully rented nine-plex offers four two-bedroom units and five upstairs efficiencies for income-focused ownership.

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Mott 8-Unit Townhouse Complex
Mott 8-Unit Townhouse Complex

407 & 409 Millionaire Ave, Mott, ND 58646

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1,060 sqft

8-unit apartment complex with long-term tenants in place.

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Lemmon, SD Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lemmon, SD on our real estate platform. These investment opportunities span a total of 2,688 square feet of properties for sale.

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Demographics Overview

Population 1,963
Population Growth (5Y) +8.0%
Median Household Income $58,672
College Educated 29.4%

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $23.13 per SF
Average Loan-to-Value 65.0%

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