5-Unit Apartment
For Sale
$475,000
304 S Douglas, Elk Point, SD 57025
Multi-Unit, Elk Point, SD
Property Size7,536 SF
Lot Size0.18 Acres
Price / SF$63.03
Days on Market232
Property Features for 304 S Douglas
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
13
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 9, Bedroom 12, Bathroom 1, Bathroom 5, Bedroom 11, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 10, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 13, Bedroom 6
Lot features
Fenced Yard, Landscaping, Level Lot, Trees
Elementary school
Elk Point
Middle school
Elk Point
High school
Elk Point
Directions
From Main Street turn South on Douglas Street. Apartment is 2 blocks down on the left
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
03.02.11.1015
Size
7,536 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NWESTERLY 3.15' OF LOT 5 & ALL LOT 6 BLK 11 WIXSON'S ADD Elk Point City, Union County, SD
Tax Annual Amount
5603
Legal Description
NWESTERLY 3.15' OF LOT 5 & ALL LOT 6 BLK 11 WIXSON'S ADD Elk Point City, Union County, SD
Utilities
Heating system
Forced Air, Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1972
Number of units
5
Buildings
1
Listing Agency:
Herrity & Associates
Listed By:
Troy Donnelly
(712) 899-3748
Added: Mar 12
Changed: Oct 28
Last Checked: Oct 29 at 8:06PM
MLS# 832093
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,536-square-foot apartment property contains five units: three with three bedrooms and two with two bedrooms. Improvements include vinyl siding, a newer roof and windows, and updates bringing the building up to code. Heating is provided by forced-air and baseboard systems, with window-unit cooling. The building dates to 1972 and occupies a 0.183-acre lot in the R-1 district.
Each apartment has designated off-street parking. The property is one block from Elk Point-Jefferson School and downtown Elk Point.
Each apartment has designated off-street parking. The property is one block from Elk Point-Jefferson School and downtown Elk Point.
Key Highlights
- Five apartments: three 3‑bedroom units and two 2‑bedroom units
- 7,536 square feet on a 0.183‑acre lot
- Vinyl siding, new roof and windows, and code‑compliant updates
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
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Business Placement
Demographics for 57025, SD
2,940
Population
1,318
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
93%
High-School Grad
124.0 sq mi
ZIP Area
24
Density / Sq Mi
$88,466
Median Household Income
$51,625
Median Earnings
$738
Median Rent
$226,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated interiors and assigned off-street parking serve each residence.
Where is this apartment building located?
The property is located at 304 S Douglas Elk Point, SD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Five apartments: three 3‑bedroom units and two 2‑bedroom units; 7,536 square feet on a 0.183‑acre lot; Vinyl siding, new roof and windows, and code‑compliant updates
