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5-Unit Apartment Building with Garage
For Sale
$299,900

511 -517 Main St S, Lennox, SD 57039

MULTI-FAMILY, Lennox, SD

Property Size4,372 SF
Lot Size0.16 Acres
Price / SF$68.60
Days on Market91

Property Features for 511 -517 Main St S

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 9, Bathroom 4, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4, Basement, Bathroom 1
Appliances Range, Refrigerator
Subdivision HEEREN'S ADD CITY OF LENNOX
Elementary school Lennox ES
Middle school Lennox MS
High school Lennox HS
Elementary school district Lennox
Middle school district Lennox
High school district Lennox
Directions N Main in Lennox
Standard status Active
APN 250.31.02.008
Size 4,372 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description S 4' Of W 35' Lot 5 & All Lot 8 Block 2 Heeren's Add City Of Lennox
Tax Annual Amount 4202
Legal Description S 4' Of W 35' Lot 5 & All Lot 8 Block 2 Heeren's Add City Of Lennox

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas, Radiant
Cooling system Window Unit(s)
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1969
Floors in Building 2
Number of units 5
Flooring type Laminate, Vinyl, Carpet
Building materials HardiPlank Type
Roof type Composition
Listing Agency: Better Homes and Gardens Real Estate Beyond
Listed By: Brandon Martens · License #12821
Added: Jun 1 Changed: Aug 30 Last Checked: Aug 30 at 6:06AM
MLS# 22604268

Copyright © 2026 Realtor Association of the Sioux Empire MLS. 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.

This 4,372-square-foot apartment property in Lennox, South Dakota, contains five units: four two-bedroom, one-bathroom apartments and a one-bedroom loft positioned at the rear of the building. Coin-operated laundry is provided on site, and each unit has separate electrical service. The property was built in 1969 and includes range and refrigerator appliances, vinyl, laminate, and carpet flooring, plus HardiPlank siding.

Heating is provided by natural-gas baseboard and radiant systems, with a newer boiler serving the building. Window-unit cooling is installed. The property occupies 0.163 acres at 511–517 Main St S and is served by public water and public sewer. A four-stall garage is included and is currently open for use. The composition roof and basement complete the existing improvements.

Key Highlights

  • Five‑unit layout with four 2‑bedroom/1‑bath units and one 1‑bedroom loft
  • 4,372 square feet on 0.163 acres
  • Coin‑operated laundry on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Law Firm Pharmacy Auto Parts 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

Demographics for 57039, SD

3,717
Population
1,554
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
91.9 sq mi
ZIP Area
40
Density / Sq Mi
$79,209
Median Household Income
$46,947
Median Earnings
$925
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Multifamily property with coin-operated laundry, individually metered electrical service, and a four-stall garage.
Where is this apartment building located?
The property is located at 511 -517 Main St S Lennox, SD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Five‑unit layout with four 2‑bedroom/1‑bath units and one 1‑bedroom loft; 4,372 square feet on 0.163 acres; Coin‑operated laundry on site
More about this property
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