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South Dakota Multifamily Properties for Sale

76 results
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Income-Producing 4-Plex on Acre Lot
Pending
$360,000
4,752 SF

Income-Producing 4-Plex on Acre Lot

31711 469Th Ave, Burbank, SD 57010

Well-maintained 4-plex in rural setting with income potential.

  • Strong current cash flow of $3,950 per month when fully rented.
  • Large unfinished loft above the garage offers the potential to add up to 4 additional income‑producing units.
  • Full one‑acre lot in a quiet rural setting with mature trees, providing privacy and space for outdoor amenities.
  • Utilities are 100% tenant‑paid, keeping operating expenses low.
  • Located minutes from Highway 50 and a short drive to USD, ensuring accessibility and consistent occupancy.
Updated: Mar 6
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Sioux Falls Multifamily Investment Property
$370,000
2,431 SF

Sioux Falls Multifamily Investment Property

5100 W 47Th St, Sioux Falls, SD 57106

Multifamily property with updated features and large backyard.

  • Great investment property with two units
  • Tenants pay all utilities
  • Newer shingles, windows, slider, metal siding, and front porches
  • Radon mitigation system installed
  • One unit has 3 bedrooms, the other has 2 bedrooms
Updated: Mar 6
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Vermillion Duplex with Garage
$195,000
1,350 SF

Vermillion Duplex with Garage

Duplex with private entrances, unfinished basement, and detached garage.

117 S Pine St, Vermillion, SD 57069
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Sioux Falls Duplex Investment Opportunity
$319,900
2,478 SF

Sioux Falls Duplex Investment Opportunity

Well-maintained duplex near downtown Sioux Falls, ideal for investors.

1012 W 8Th St E, Sioux Falls, SD 57104
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Sioux Falls Four-Plex Townhomes
$685,000
5,200 SF

Sioux Falls Four-Plex Townhomes

Immaculately maintained four-plex in a desirable Sioux Falls location.

2800 E Madison St, Sioux Falls, SD 57103
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Well-Maintained Duplex in Sioux Falls
$340,000
2,082 SF

Well-Maintained Duplex in Sioux Falls

Updated duplex with separate utilities and strong rental history.

616 N Garfield Ave, Sioux Falls, SD 57104
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Luxury Four-Unit Property, Sioux Falls
Pending
$1,299,000
9,878 SF

Luxury Four-Unit Property, Sioux Falls

Upscale four-unit property in a desirable Sioux Falls location.

5000 E 54Th St, Sioux Falls, SD 57110
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Spearfish Land with Income Potential
$900,000
1.62 Acres

Spearfish Land with Income Potential

1.62 acres with barn, duplex, and expansion possibilities.

3225 Old Belle Rd, Spearfish, SD 57783
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Sioux Falls Duplex with Garage
Pending
$354,900
2,178 SF

Sioux Falls Duplex with Garage

South Sioux Falls duplex featuring a detached garage and spacious layout.

3801 S Hawthorne Ave, Sioux Falls, SD 57105
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Sioux Falls Duplex Investment Opportunity
$324,900
2,000 SF

Sioux Falls Duplex Investment Opportunity

Well-maintained duplex in Sioux Falls with immediate cash flow.

202 N French Ave, Sioux Falls, SD 57103
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Sioux Falls Fourplex with Renovated Units
$409,900
2,729 SF

Sioux Falls Fourplex with Renovated Units

Fourplex in Sioux Falls with renovated units and new roof.

201 N French Ave, Sioux Falls, SD 57103
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Well-Maintained 5-Plex Apartment Building
$630,000
5,744 SF

Well-Maintained 5-Plex Apartment Building

Single-level 5-plex built in 2005 with steady rental income.

2405-2416 Prairie Eagle Cir, Huron, SD 57350
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Rapid City Duplex Investment Opportunity
$285,000
1,640 SF

Rapid City Duplex Investment Opportunity

Up/down duplex with recent updates in Northwest Rapid City.

3225 W Rapid St, Rapid City, SD 57702
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Iconic Restaurant with Apartment
$900,000
8,640 SF

Iconic Restaurant with Apartment

Restaurant with bar, party rooms, and apartment in Flandreau.

306 N Veterans St, Flandreau, SD 57028
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Spearfish Investment Property on Acreage
$900,000
3,950 SF

Spearfish Investment Property on Acreage

Investment property with duplex, barn, and expansion potential on 1.62 acres.

3225 Old Belle Rd, Spearfish, SD 57785
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Sioux Falls Duplex For Sale
$229,900
1,282 SF

Sioux Falls Duplex For Sale

Duplex with rental history near downtown Sioux Falls.

408 S Lyndale Ave, Sioux Falls, SD 57104
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Sioux Falls Ranch Duplex
$379,900
2,280 SF

Sioux Falls Ranch Duplex

Remodeled duplex in Hilltop area, great income property.

3609 E 18Th St, Sioux Falls, SD 57103
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Remodeled Duplex in Lead, SD
$379,900

Remodeled Duplex in Lead, SD

Recently remodeled duplex with modern amenities, ideal for investment or living.

8 Baltimore St, Lead, SD 57754
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Spearfish Duplex with Separate Units
$399,000
3,071 SF

Spearfish Duplex with Separate Units

Up/down duplex in Spearfish, ideal for investment or multi-generational living.

205 Upper Valley Rd, Spearfish, SD 57783
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Sioux Falls Duplex For Sale
$235,000
1,713 SF

Sioux Falls Duplex For Sale

Duplex near Downtown Sioux Falls with income potential.

310 S Walts Ave, Sioux Falls, SD 57104
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Spearfish Mixed-Use Investment Opportunity
$1,599,000
1.62 Acres

Spearfish Mixed-Use Investment Opportunity

Successful business and investment property on 1.62 acres near Exit 8.

3225 Old Belle Rd, Spearfish, SD 57783
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Rapid City Multifamily Investment Property
$1,099,900

Rapid City Multifamily Investment Property

8-unit multifamily property near South Dakota School of Mines & Technology.

10 E Quincy St, Rapid City, SD 57701
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Rapid City Multifamily Investment Property
$1,099,900
0.16 Acres

Rapid City Multifamily Investment Property

8-unit multifamily property near downtown Rapid City and School of Mines.

10 E Quincy St, Rapid City, SD 57701
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Turnkey RV Park Opportunity
$260,000
0.88 Acres

Turnkey RV Park Opportunity

Well-maintained RV park near Angostura Lake and Hot Springs, SD.

27905 Twin Rock Bend Rd, Hot Springs, SD 57747
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South Dakota Multifamily Properties Investment Opportunities Market Analysis

Explore 271 multifamily properties for sale in South Dakota, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 13,186,539 square feet of properties for sale, with an estimated market value of $37,144,200.

Sale prices for multifamily properties in South Dakota start at $100,000, averaging $580,378, and reaching up to $4,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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