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    South Dakota Multifamily Properties for Sale

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    Sioux Falls, SD Aberdeen, SD Spearfish, SD
    92 results
    Rapid City Apartment Investment Opportunity
    $999,500
    5,198 SF

    Rapid City Apartment Investment Opportunity

    811 Mallow Street, Rapid City, SD 57701

    Eight-unit apartment complex in central Rapid City with high occupancy.

    • High occupancy rate and consistent rental history.
    • Eight‑unit apartment complex built in 2005.
    • Combination of 2 and 3 bedroom units with in‑unit laundry and separate electric meters.
    • Recent preventative maintenance including newer roof and water heater replacements.
    • Ground level units are zero‑entry for accessibility.
    Updated: Mar 27
    View details
    Aberdeen Multi-Family Investment Opportunity
    $314,900
    0.31 Acres

    Aberdeen Multi-Family Investment Opportunity

    1423 S 1st Street, Aberdeen, SD 57401

    Turnkey 5-unit multi-family building in high-demand rental market.

    • Turnkey 5‑unit multi‑family building in a high‑demand rental market.
    • Each unit includes private garage space.
    • Well‑maintained property with recent investments in infrastructure and aesthetics.
    • Five uniform units, each with a 1‑bedroom, 1‑bathroom layout.
    • Offers stability and value‑add potential.
    Updated: Apr 16
    View details
    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
    View details
    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF

    Turnkey Motel/Airbnb Investment Opportunity

    20-unit motel/Airbnb with development potential in Spearfish, SD.

    450 W Kansas Street, Spearfish, SD 57783
    View details
    Updated Multi-Unit Apartment Complex
    $475,000
    7,536 SF

    Updated Multi-Unit Apartment Complex

    Completely updated apartment complex near school and downtown Elk Point.

    304 S Douglas, Elk Point, SD 57025
    View details
    Spearfish 5-Plex Investment Opportunity
    $659,000
    4,305 SF

    Spearfish 5-Plex Investment Opportunity

    Five-unit apartment building in downtown Spearfish with high occupancy.

    314 5th Street, Spearfish, SD 57783
    View details
    Sioux Falls 6-Plex Investment
    $675,000
    5,832 SF

    Sioux Falls 6-Plex Investment

    Well-maintained 6-plex in central Sioux Falls with income potential.

    1011 S 2nd Ave, Sioux Falls, SD 57105
    View details
    Rapid City Multifamily Investment Property
    $899,000
    0.16 Acres

    Rapid City Multifamily Investment Property

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

    10 E Quincy Street, Rapid City, SD 57701
    View details
    Well-Maintained Sioux Falls Fourplex
    $650,000
    4,260 SF

    Well-Maintained Sioux Falls Fourplex

    Southeastern Sioux Falls fourplex with garages, fully leased.

    3005 S Cliff Ave, Sioux Falls, SD 57105
    View details
    Downtown Aberdeen Mixed-Use Opportunity
    $559,900
    6,670 SF

    Downtown Aberdeen Mixed-Use Opportunity

    Retail with office/apartment potential in a prime downtown location.

    224 S Main Street, Aberdeen, SD 57401
    View details
    Updated Duplex with Garages
    $335,000
    2,082 SF

    Updated Duplex with Garages

    Well-maintained duplex near amenities with updated units and garages.

    616 618 N Garfield Ave, Sioux Falls, SD 57104
    View details
    Vermillion Multi-Unit Income Property
    $375,000
    4,784 SF

    Vermillion Multi-Unit Income Property

    Five-unit income property near Downtown Vermillion and USD campus.

    125 Prospect, Vermillion, SD 57069
    View details
    Well-Maintained Huron Triplex Investment Property
    $269,900
    4,032 SF

    Well-Maintained Huron Triplex Investment Property

    Three-unit property with strong rental potential and functional living spaces.

    208 & 218 9th St SW, Huron, SD 57350
    View details
    Spearfish Duplex Opportunity with Garages
    $575,000
    3,782 SF

    Spearfish Duplex Opportunity with Garages

    Duplex opportunity near Spearfish with garages and spacious pole barn.

    262 Upper Valley Road, Spearfish, SD 57783
    View details
    Spearfish Land with Income Potential
    $900,000
    3,950 SF

    Spearfish Land with Income Potential

    1.62 acres with barn, duplex, and expansion possibilities.

    3225 Old Belle Road, Spearfish, SD 57783
    View details
    Remodeled Duplex Near Main Street
    $329,900

    Remodeled Duplex Near Main Street

    Recently remodeled duplex with modern amenities and convenient location.

    8 Baltimore Street, Lead, SD 57754
    View details
    Sioux Falls Multifamily Investment Property
    $370,000
    2,431 SF

    Sioux Falls Multifamily Investment Property

    Multifamily property with updated features and large backyard.

    5100 W 47 St, Sioux Falls, SD 57106
    View details
    Sioux Falls Fourplex with Renovated Units
    $409,900
    2,729 SF

    Sioux Falls Fourplex with Renovated Units

    Four-unit property in Sioux Falls with recent renovations and new roof.

    201 N French Ave, Sioux Falls, SD 57103
    View details
    Sioux Falls Duplex Investment Opportunity
    $309,900
    2,478 SF

    Sioux Falls Duplex Investment Opportunity

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

    1012 W 8th St St E, Sioux Falls, SD 57104
    View details
    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 Road, Spearfish, SD 57785
    View details
    Renovated 6-Unit Multi-Family Property
    $300,000

    Renovated 6-Unit Multi-Family Property

    Fully renovated 6-unit multi-family property in the heart of Aberdeen.

    112 S Arch Street, Aberdeen, SD 57401
    View details
    Vermillion Duplex with Garage
    $195,000
    1,350 SF

    Vermillion Duplex with Garage

    Updated duplex with expansion potential and detached two-stall garage.

    117 S Pine, Vermillion, SD 57069
    View details
    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
    View details
    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
    View details

    South Dakota Multifamily Properties Investment Opportunities Market Analysis

    Explore 287 multifamily properties for sale in South Dakota, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 13,094,832 square feet of properties for sale, with an estimated market value of $42,841,700.

    Sale prices for multifamily properties in South Dakota start at $169,900, averaging $630,025, 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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