Building Details

Building Size 6,912 SF

Year Built 1979

Listing Agency: NAI Sioux Falls

Listed By: Lexa Rahn Show Phone

Source: Thebrokerlist

Added: Feb 26 Changed: Oct 10 Last Checked: Oct 23 at 3:18AM

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Investment Insights

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This apartment building contains seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Fifty percent of the units and common areas have been renovated. Tenants are responsible for electric utilities, while the landlord covers all other utilities. The property features electric baseboard heat and a water heater, as well as a common area washer and dryer. The property can be purchased as a package deal with Fox Run Apartments, located at 1313 West 30th Street, Yankton, SD 57078.

Key Highlights

• Renovated Units and Common Areas: 50% of units and common areas have been renovated, offering modern appeal.
• Package Deal Opportunity: Can be purchased with Fox Run Apartments.
• Tenant‑Paid Electric: Tenants cover electric costs.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

Explore this area Business Placement

Demographics for 57059, SD

1,569

Population

616

Households

2.5

Avg Household Size

39

Median Age

31%

College-Educated

94%

High-School Grad

148.8 sq mi

ZIP Area

11

Density / Sq Mi

$61,406

Median Household Income

$39,271

Median Earnings

$581

Median Rent

$132,800

Median Home Value

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 - Apartment building with renovated units and common areas for sale.

Where is this apartment building located?

The property is located at 821 Main Street Scotland, SD.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Renovated Units and Common Areas: 50% of units and common areas have been renovated, offering modern appeal.; Package Deal Opportunity: Can be purchased with Fox Run Apartments.; Tenant‑Paid Electric: Tenants cover electric costs.