Apartment Building

Pelican, SD Apartment Buildings for Sale

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Florence, SD Goodwin, SD Estelline, SD Lake Norden, SD Arlington, SD Clear Lake, SD
Furnished Multifamily Apartment Building
Updated: Dec 22, 2025
Furnished Multifamily Apartment Building

309 8th Ave SE, Watertown, SD 57201

$2,700,000
1 sqft
Cottage Apartments in Watertown, SD: 45‑unit multifamily property
Year built: 1948
Units offer short‑term or long‑term leasing options
Each fully furnished suite includes a Smart TV, microwave, and mini‑fridge
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22-Unit Mixed-Use Property
Updated: Nov 26, 2025
22-Unit Mixed-Use Property

114 -122 E Kemp Ave, Watertown, SD 57201

Contact for pricing
45,039 sqft
22 total units combining commercial storefronts and residential apartments
Long‑term tenants include Gather Coffee, Watertown Confectionary, Diamond Vogel, the local newspaper, and a tuxedo shop
Unfinished basement offers additional space for future expansion
Located at 114 -122 E Kemp Ave in downtown Watertown, SD
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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 2 Active listings in Pelican, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties 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

$579,900
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.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

104 W Main St, Cottonwood, MN 56229

$249,900
13,833 sqft

Two-level property combines five apartments with flexible street-level commercial and storage areas.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

104 W Main Street, Cottonwood, MN 56229

$249,900
0.16 AC lot

Two-level commercial property combining residential units with multiple street-front business spaces and separate entrances.

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Off-Market Properties in Pelican, SD

Consider similar Off-Market properties in Pelican, 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.

315 Kemp Ave
Individual retail properties

315 Kemp Ave, Watertown, SD 57201

Estimated value: by Request
95,962 sqft
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1 Kemp And 6 - 8
Individual retail properties

1 Kemp And 6 - 8, Watertown, SD 57201

Estimated value: by Request
52,642 sqft
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Pelican, SD Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Pelican, SD on our real estate platform. These investment opportunities span a total of 45,040 square feet of properties for sale, with an estimated market value of $2,700,000.

Sale prices for two-family homes in Pelican, SD average $2,700,000 — 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 26K
Population Growth (5Y) +4.3%
Median Household Income $64,809
College Educated 27.5%

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