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5-Unit Apartment Building with River Access

301 Spruce, Yankton, SD 57078

For Sale
New
$609,900

The two-story rental property includes multiple garages, off-street parking, and a riverside deck.

Property Size5,432 SF
Days on Market2

Property Features for 301 Spruce

General Information

Standard status Active
Size 5,432 SF
Property subtype Multifamily

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $9,509

Amenities

private walkway
riverside deck
Part Finished
1046
4386
5432
Natural Gas
Other, Rubber
City
2 Story
Attached, Over 4 Car
Brick
5
6

Building Details

Building Size 5,432 SF
Year Built 1926
Listed By: Tara Portillo
Source: Yanktonhomefinder.idxbroker
Added: Nov 12 Last Checked: Nov 12 at 2:13PM

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 Tara Portillo

Rey
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Investment Insights

Based on property information with market context.

This five-unit, two-story apartment property in Yankton was built in 1926. Updates have been made to flooring, appliances, electrical, and plumbing. The property also has multiple garages and off-street parking.

A private walkway connects the property to the Missouri River, where a deck provides a place beside the water.

Key Highlights

  • Five rental units in a two‑story building
  • Private walkway to the Missouri River and a riverside deck
  • Multiple garages and off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Auto Parts Store Building Supply Big Box & Wholesale Store Grocery & Convenience Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 57078, SD

20,104
Population
9,172
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
111.3 sq mi
ZIP Area
181
Density / Sq Mi
$72,395
Median Household Income
$41,181
Median Earnings
$777
Median Rent
$213,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The two-story rental property includes multiple garages, off-street parking, and a riverside deck.
Where is this apartment building located?
The property is located at 301 Spruce Yankton, SD.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Five rental units in a two‑story building; Private walkway to the Missouri River and a riverside deck; Multiple garages and off‑street parking
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