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    Worthing, SD Harrisburg, SD Tea, SD Centerville, SD Sioux Falls, SD Hartford, SD Canton, SD Beresford, SD
    Five-Plex Apartment Building
    Updated: Jun 1
    Five-Plex Apartment Building

    511 -517 Main St S, Lennox, SD 57039

    $325,000
    4,372 sqft 0.16 AC lot
    0.163‑acre lot with 4,372 SF apartment building
    Five units: four 2‑bedroom/1‑bath plus one 1‑bedroom loft
    Coin‑operated laundry on site
    Separate electrical per unit
    Newer boiler for heating
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lennox, 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-Plex Apartment Complex with Garages
    8-Plex Apartment Complex with Garages

    4101 S West Ave, Sioux Falls, SD 57105

    Contact for pricing
    56,832 sqft

    Apartment complex of eight 8-plex buildings totaling 64 units, with on-site laundry and 40 detached garages.

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    Turnkey 8-Plex Apartment Building
    Turnkey 8-Plex Apartment Building

    3505 S Hawthorne Ave, Sioux Falls, SD 57105

    Contact for pricing
    3,552 sqft

    Fully leased 8-plex with coin-operated laundry, detached garages, through-the-wall A/C, boiler heat, and ample on-site parking.

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    RV Park and Apartments
    RV Park and Apartments

    4501 W 12th St, Sioux Falls, SD

    Contact for pricing
    15.02 AC lot

    RV park with apartments, high visibility, and commercial zoning.

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    Modern Townhome Apartment Building
    Modern Townhome Apartment Building

    301 Harvest Trail, Harrisburg, SD 57032

    Contact for pricing
    0.67 AC lot

    Newly built 2024 townhomes feature attached two-stall garages and in-unit washer and dryer for each unit.

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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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    Lennox, SD Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lennox, SD on our real estate platform. These investment opportunities span a total of 4,372 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for two-family homes in Lennox, SD average $325,000 — 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 3,875
    Population Growth (5Y) +8.8%
    Median Household Income $79,209
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57039 $325K

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $30.65 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lincoln County

    Residential Income

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