Apartment Building

Scotland, SD Apartment Buildings for Sale

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Menno, SD Olivet, SD Lesterville, SD Tripp, SD Tyndall, SD Tabor, SD Utica, SD Irene, SD
Apartment Building in Scotland, SD
Updated: Feb 26
Apartment Building in Scotland, SD

821 Main Street, Scotland, SD 57059

$750,000
Renovated Units and Common Areas: 50% of units and common areas have been renovated, offering modern appeal.
Package Deal Opportunity: Can be purchased with Fox Run Apartments.
Tenant‑Paid Electric: Tenants cover electric costs.
Unit Mix: Features a mix of 2‑bedroom and 1‑bedroom units.
Common Area Laundry: Includes a common area washer and dryer.
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Scotland, 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.

15-Unit Apartment Building
15-Unit Apartment Building

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

$1,200,000
11,280 sqft 0.11 AC lot

Fully leased multifamily property with refreshed building systems and landlord-paid gas and water.

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Historic Mixed-Use Building in Mitchell
Historic Mixed-Use Building in Mitchell

117 East 3rd Avenue, Mitchell, SD 57301

$1,375,000
51,600 sqft

Mixed-use property with income potential in downtown Mitchell.

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5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

511 -517 Main St S, Lennox, SD 57039

$299,900
4,372 sqft 0.16 AC lot

Multifamily property with coin-operated laundry, individually metered electrical service, and a four-stall garage.

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5-Unit Apartment Building
5-Unit Apartment Building

511 517 Main St Ss, Lennox, SD 57039

$299,900
4,372 sqft

Five residential units include coin-operated laundry, separate electrical service, and a newer boiler for building heat.

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Scotland, SD Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Scotland, SD on our real estate platform.

Sale prices for two-family homes in Scotland, SD average $750,000 — 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 1,291
Population Growth (5Y) +3.9%
Median Household Income $61,406
College Educated 39.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57059 $750K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

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