Five-Plex Apartment
For Sale
$325,000
511 -517 Main St S, Lennox, SD 57039
MULTI_FAMILY - Lennox, SD
Property Size4,372 SF
Lot Size0.16 Acres
Price / SF$74.34
Days on Market63
Property Features for 511 -517 Main St S
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
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
Natural Gas, Baseboard, 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
Carpet, Laminate, Vinyl
Building materials
HardiPlank Type
Roof type
Composition
Listing Agency:
Better Homes and Gardens Real Estate Beyond
(605) 275-4663
Listed By:
Brandon Martens
(605) 413-7522
Added: Jun 1
Changed: Aug 2
Last Checked: Aug 2 at 10:06PM
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.
Five-plex apartment building at 511–517 Main St S in Lennox, SD on a 0.163-acre lot. The property offers five units with a mix of four two-bedroom, one-bathroom units plus one one-bedroom loft at the rear of the building. Coin-operated laundry is provided on site, and there is a four-stall garage that is currently left open.
Each unit has separate electrical. Heat is supported by a newer boiler, with natural gas heat options including baseboard and radiant systems, and window unit(s) for cooling. The building was constructed in 1969 and features HardiPlank type construction materials and a composition roof.
Utilities include public water and public sewer. Interior finishes include vinyl, laminate, and carpet flooring, with basement rooms included in the layout.
Each unit has separate electrical. Heat is supported by a newer boiler, with natural gas heat options including baseboard and radiant systems, and window unit(s) for cooling. The building was constructed in 1969 and features HardiPlank type construction materials and a composition roof.
Utilities include public water and public sewer. Interior finishes include vinyl, laminate, and carpet flooring, with basement rooms included in the layout.
Key Highlights
- 0.163‑acre lot with 4,372 SF apartment building
- Five units: four 2‑bedroom/1‑bath plus one 1‑bedroom loft
- Coin‑operated laundry on site
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-plex with coin-operated laundry, separate electrical per unit, and a newer boiler for dependable heating.
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 $325,000.
What are key features of this property?
This property features: 0.163‑acre lot with 4,372 SF apartment building; Five units: four 2‑bedroom/1‑bath plus one 1‑bedroom loft; Coin‑operated laundry on site
