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Three-Unit Multifamily Property
For Sale
$175,000

215 W 5th St, Canton, SD 57013

Separately metered residences with a covered porch, detached garage, and off-street parking near downtown Canton.

Property Size2,166 SF
Price / SF$80.79
Days on Market39

Property Features for 215 W 5th St

General Information

Standard status Active
Size 2,166 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Amenities

covered front porch

Building Details

Year Built 1910
Buildings 1
Listing Agency: The Experience Real Estate
Listed By: Amy Stockberger Real Estate
Source: Findahomeinsiouxfalls
Added: Jul 23 Changed: Aug 29 Last Checked: Aug 29 at 5:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Experience Real Estate

Investment Insights

Based on property information with market context.

This 2,166-square-foot triplex contains three separately metered residences with a one-bedroom, one-bath layout in two units and a two-bedroom, one-bath layout in the third. Each apartment includes living space, a kitchen, and a bathroom. A covered front porch serves the main entry, while the property also includes a detached garage, off-street parking, metal roofing, durable siding, and a spacious lot.

The property is at 215 W 5th St in Canton, near downtown, schools, parks, shopping, and other local amenities. Sioux Falls is also accessible from the community. Built in 1910, the building offers a compact multifamily configuration with separate utility metering and a mix of one- and two-bedroom units.

Key Highlights

  • 2,166‑square‑foot triplex built in 1910
  • Three separately metered units
  • Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit

Property Analytics

Current Use

STITCHES Production Facility Black Angus Steakhouse Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Repair Shop Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 57013, SD

4,482
Population
2,064
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
132.7 sq mi
ZIP Area
34
Density / Sq Mi
$77,813
Median Household Income
$43,553
Median Earnings
$704
Median Rent
$224,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Separately metered residences with a covered porch, detached garage, and off-street parking near downtown Canton.
Where is this triplex located?
The property is located at 215 W 5th St Canton, SD.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,166‑square‑foot triplex built in 1910; Three separately metered units; Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
More about this property
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