Vermillion, SD Apartment buildings for sale

Updated: May 22

Stabilized Apartment Building with 24 Units

1000-1008 S Crawford Rd, Vermillion, SD 57069

$2,080,000

0.72 AC lot

24‑unit multifamily property in Vermillion, South Dakota, built in 1979
100% occupied; supported by consistent demand from the University of South Dakota and surrounding region
Nearly fully renovated with limited capital needs reported
Two buildings on 0.72 acres; unit mix of 22 two‑bedroom/one‑bath and 2 one‑bedroom/one‑bath residences
Pricing at $2,080,000 with a 7.00% cap rate

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Updated: May 22

Vermillion Multifamily Investment Opportunity

1000 South Crawford Road, Vermillion, SD 57069

$2,080,000

6,560 sqft 0.72 AC lot

100% Occupancy: Provides immediate and consistent income stream.
Strong Cash Flow: Current NOI of $145,553 and a 7.00% cap rate.
Value‑Add Opportunity: Rents are currently below market, offering potential for increased revenue.
Nearly Fully Renovated: Reduces immediate capital expenditure needs.
Stabilized Asset: Dependable performance in a consistently strong market.

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Student Housing Portfolio Opportunity

1000 N Dakota St, Vermillion, SD 57069

$19,500,000

Student housing portfolio totaling 310 beds across 127 units.

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Student Housing Investment Opportunity

1001 N Dakota St, Vermillion, SD 57069

$12,500,000

Student housing near the University of South Dakota.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Vermillion, 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.

Fully Leased Eightplex Apartment

509 N. 5th Street, Beresford, SD 57004

$700,000

7,258 sqft

Fully leased two-story eightplex with on-site common area laundry, four garage stalls, and recent exterior renovations.

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Multifamily Investment Opportunity

510 N. 5th Street, Beresford, SD 57004

$700,000

14,516 sqft

Fully leased multifamily property with recent renovations and garage stalls.

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Updated Five-Unit Apartment Building

2512 Jones, Sioux City, IA 51104

$360,000

3,579 sqft 0.22 AC lot

Five-unit apartment building with a 2017 roof and 2019 siding, featuring remodeled interiors and long-term tenants.

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Renovated 5-Unit Rental Property

1600 Nebraska St, Sioux City, IA 51105

$245,000

2,680 sqft

Fully renovated 5-unit rental property with recent upgrades.

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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.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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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

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

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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Vermillion, SD Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Vermillion, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,560 square feet of properties for sale, with an estimated market value of $2,080,000.

Sale prices for two-family homes in Vermillion, SD start at $2,080,000, averaging $2,080,000, and reaching up to $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57069	$2.1M

Neighborhood

Average Price

57069

$2.1M