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    Wakonda, SD
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    Wakonda, SD Apartment Buildings for Sale

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    Volin, SD Vermillion, SD Mission Hill, SD Centerville, SD Gayville, SD Yankton, SD Beresford, SD Saint Helena, NE
    8-Unit Multifamily Building
    Updated: Jul 9
    8-Unit Multifamily Building

    611 1st St, Wakonda, SD 57073

    $465,000
    8‑unit multifamily building built in 1975 in Wakonda, SD
    Unit mix includes seven 2‑bedroom units and one 1‑bedroom unit
    Off‑street parking for residents
    On‑site coin‑operated laundry
    New pitched roof completed in spring 2026
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Wakonda, 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
    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
    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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    Student Housing Portfolio Opportunity
    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
    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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    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
    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
    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.

    View details

    Wakonda, SD Apartment Buildings Market Trends and Statistics

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

    Sale prices for two-family homes in Wakonda, SD average $465,000 — 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 516
    Population Growth (5Y) -30.8%
    Median Household Income $70,893
    College Educated 45.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $39.08 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

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