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    Mitchell, SD
    Apartment Building

    Mitchell, SD Apartment Buildings for Sale

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    Mount Vernon, SD Alexandria, SD Dimock, SD
    15-Unit Apartment Building
    Updated: Aug 8
    15-Unit Apartment Building

    121-123 W 6th Ave, Mitchell, SD 57301

    $1,200,000
    11,280 sqft 0.11 AC lot
    15 fully leased units
    11,280 SF building on a 4,734 SF lot
    New roof installed in 2019
    New water heater and boiler/boiler lift
    Landlord pays gas and water; tenants pay electric
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    Historic Mixed-Use Building in Mitchell
    Updated: Nov 21, 2025
    Historic Mixed-Use Building in Mitchell

    117 East 3rd Avenue, Mitchell, SD 57301

    $1,375,000
    51,600 sqft
    Prime downtown location with high visibility and foot traffic.
    Income‑generating mixed‑use property with commercial and residential units.
    Historic building with architectural charm and character.
    Fifteen residential apartments with 77.8% occupancy.
    Gross Annual Revenue of $191,700.
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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    117-123 E 3rd Ave, Mitchell, SD 57301

    Contact for pricing
    51,600 sqft

    The property combines apartments, commercial premises, and a separate storage space.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Apartment Building for sale in Mitchell, SD. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    5-Unit Apartment Building
    5-Unit Apartment Building

    2405-2416 Prairie Eagle Cir, Huron, SD 57350

    $549,999
    5,744 sqft 0.46 AC lot

    Five residences offer two-bedroom layouts, private garages, and current occupancy across the property.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    255 2nd St SW, Huron, SD 57350

    $549,900
    20,056 sqft 0.34 AC lot

    Two-story multifamily property with mixed one- and two-bedroom residences, lower-level storage, and shared laundry facilities.

    View details
    16-Unit Apartment Property
    16-Unit Apartment Property

    205 207 N Eastern Ave, Hartford, SD 57033

    $965,000
    14,244 sqft

    Two buildings offer shared laundry, on-site parking, and a mix of one- and two-bedroom apartments.

    View details
    Two Buildings with 24 Units
    Two Buildings with 24 Units

    804-810 Ruud Ln, Hartford, SD 57033

    $3,200,000

    Two twelve-plex apartment buildings with 24 garages in Hartford.

    View details

    Off-Market Properties in Mitchell, SD

    Consider similar Off-Market properties in Mitchell, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2021-2231 Kimball St
    Multifamily properties

    2021-2231 Kimball St, Mitchell, SD 57301

    Estimated value: by Request
    82,368 sqft 3.97 AC lot
    View details

    Mitchell, SD Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Mitchell, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 114,480 square feet of properties for sale, with an estimated market value of $2,575,000.

    Sale prices for apartment complexes in Mitchell, SD start at $1,200,000, averaging $1,287,500, and reaching up to $1,375,000 — 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 19K
    Population Growth (5Y) +3.7%
    Median Household Income $60,671
    College Educated 31.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57301 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.83%
    Property Tax per SF $12.27 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

    How Realmo verifies these figures

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