Updated Five-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 Market186
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
Bedroom 12, Bedroom 3, Bedroom 10, Bedroom 13, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 9, Bathroom 1, Bedroom 1, Bedroom 11, Bathroom 2, Bedroom 8, Bathroom 5
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
Baseboard, Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1972
Number of units
5
Listing Agency:
Herrity & Associates
(712) 899-3748
Listed By:
Troy Donnelly
(605) 356-2496
Added: Mar 12
Changed: Sep 12
Last Checked: Sep 13 at 4:06AM
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.
Investment Insights
Based on property information with market context.
Built in 1972, this 7,536-square-foot apartment building contains five units: three three-bedroom apartments and two two-bedroom apartments. The 0.183-acre property includes designated off-street parking for each unit. Interior improvements have brought the apartments up to code, while the exterior has been upgraded with vinyl siding, a new roof, and new windows. Heating is provided by forced air and baseboard systems, with window-unit cooling.
The property is located at 304 S Douglas in Elk Point, South Dakota, within a block of Elk Point-Jefferson School and downtown Elk Point. R-1 zoning applies to the site. The unit mix, parking allocation, and recent building improvements provide a clearly defined multifamily configuration.
The property is located at 304 S Douglas in Elk Point, South Dakota, within a block of Elk Point-Jefferson School and downtown Elk Point. R-1 zoning applies to the site. The unit mix, parking allocation, and recent building improvements provide a clearly defined multifamily configuration.
Key Highlights
- Five‑unit apartment building with three 3‑bedroom and two 2‑bedroom units
- 7,536 square feet on a 0.183‑acre lot
- Exterior upgrades include vinyl siding, new roof, and new windows
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units feature designated off-street parking and updated exterior improvements near schools and downtown.
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‑unit apartment building with three 3‑bedroom and two 2‑bedroom units; 7,536 square feet on a 0.183‑acre lot; Exterior upgrades include vinyl siding, new roof, and new windows
