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    South Dakota Multifamily Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Lead, SD Huron, SD Watertown, SD Tea, SD
    239 properties
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    Four-Unit Property with Garages
    Updated: Sep 4
    Four-Unit Property with Garages

    528 Prairie Ave, Baltic, SD 57003

    $635,000
    4,032 sqft 0.37 AC lot
    Four 2‑bedroom, 1‑bath units with attached garages
    4,032 square feet on 0.3667 acres
    Each unit offers over 1,000 sq ft of living space
    Full occupancy since constructed in 2016
    Leases in place through July 2028 for 3 units and July 2027 for 1 unit
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    Renovated 11-Unit Apartment Building
    Updated: Aug 9
    Renovated 11-Unit Apartment Building

    700 W 6th St, Sioux Falls, SD 57104

    $1,300,000
    10,800 sqft 0.26 AC lot
    11‑unit apartment building with ten two‑bedroom, one‑bath units and one efficiency
    10,800 square feet on 0.2636 acres
    Renovated in 2015; current occupancy is 90%
    Five garage stalls, off‑street parking, and storage closets for each unit
    Two sets of coin‑operated laundry facilities
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    9-Unit Apartment Building
    9-Unit Apartment Building

    703 S Dakota Ave, Sioux Falls, SD 57104

    $780,000
    5,248 sqft 0.22 AC lot

    Mixed one- and two-bedroom layouts with on-site laundry, detached garages, and off-street parking near downtown.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    412 S Thompson Ave, Sioux Falls, SD 57103

    $550,000
    5,376 sqft

    Fully occupied property with a varied unit mix, on-site coin-operated laundry, and recent building updates.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    412 S Thompson Ave, Sioux Falls, SD 57103

    $550,000
    5,376 sqft 0.23 AC lot

    Fully occupied apartment property with professional management, updated systems, and shared coin-operated laundry.

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    Fourplex With Garage Parking
    Fourplex With Garage Parking

    438 S 14th Street, Hot Springs, SD 57747

    $499,000
    5,160 sqft 0.30 AC lot

    Four residential units offer two-level layouts, individual laundry hookups, and access to a shared park-facing setting.

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    New-Construction Duplex with Walkouts
    New-Construction Duplex with Walkouts

    1113 S Foss Ave, Sioux Falls, SD 57110

    $1,030,000
    5,592 sqft 0.41 AC lot

    Two ranch-style residences feature open layouts, quartz kitchens, and premium stainless steel appliances.

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    Renovated 11-Unit Apartment Building
    Renovated 11-Unit Apartment Building

    700 W 6th St, Sioux Falls, SD 57104

    $1,300,000
    10,800 sqft

    Renovated apartments offer storage, natural light, laundry facilities, garages, and off-street parking.

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    Townhome-Style Quadplex
    Townhome-Style Quadplex

    2800 E Madison St, Sioux Falls, SD 57103

    $640,000
    5,200 sqft 0.40 AC lot

    Four townhome-style residences offer individual laundry, central HVAC, and on-site tenant parking.

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    New-Construction Duplex with Walkouts
    New-Construction Duplex with Walkouts

    1107 S Foss Ave, Sioux Falls, SD 57110

    $980,000
    5,220 sqft 0.41 AC lot

    Two ranch-style residences feature open layouts, vaulted ceilings, quartz kitchens, and upgraded stainless steel appliances.

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    9-Unit Apartment Building with Garage
    9-Unit Apartment Building with Garage

    703 S Dakota Ave, Sioux Falls, SD 57104

    $780,000
    5,248 sqft

    Eight two-bedroom units and one one-bedroom unit create a varied residential rental mix.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    255 2nd St SW, Huron, SD 57350

    $549,900
    20,056 sqft 0.34 AC lot

    Two-story multifamily property with mixed one- and two-bedroom residences, lower-level storage, and shared laundry facilities.

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    Quadplex With Four-Stall Garage
    Quadplex With Four-Stall Garage

    2601 E Pioneer Trl, Sioux Falls, SD 57103

    $539,000
    3,264 sqft 0.32 AC lot

    Four-unit residential income property with tenant occupancy, renter garage spaces, and additional on-site parking.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    121-123 W 6th Ave, Mitchell, SD 57301

    $1,200,000
    11,280 sqft 0.11 AC lot

    Fully leased multifamily property with refreshed building systems and landlord-paid gas and water.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    811 Mallow Street, Rapid City, SD 57701

    $999,500
    5,198 sqft 0.40 AC lot

    Two-level apartment property with private entries, in-unit laundry, updated kitchens, and a dedicated parking lot.

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    Side-by-Side Duplex with Updated Exterior
    Side-by-Side Duplex with Updated Exterior

    1511 & 1515 Meade Avenue, Sturgis, SD 57785

    $333,000
    1,344 sqft 0.22 AC lot

    Two occupied units include appliances, laundry equipment, storage sheds, and backyard sprinkler systems.

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    New Construction Ranch Duplex
    New Construction Ranch Duplex

    1107 S Foss Ave, Sioux Falls, SD 57110

    $980,000
    5,220 sqft

    Two walkout residences feature open layouts, upgraded kitchens, vaulted ceilings, and low-maintenance construction.

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    5-Unit Apartment Building with Garage
    5-Unit Apartment Building with Garage

    314 5th Street, Spearfish, SD 57783

    $659,000
    4,305 sqft

    Downtown multifamily property with remodeled units, off-street parking, shared laundry, and alley-accessed garage.

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    New Construction Duplex
    New Construction Duplex

    1113 S Foss Ave, Sioux Falls, SD 57110

    $1,030,000
    5,592 sqft

    Two ranch-style walkout residences feature upscale finishes, open layouts, and four bedrooms with three bathrooms each.

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    Townhome-Style Apartment Community
    Townhome-Style Apartment Community

    4802 S Hosta Ave, Sioux Falls, SD 57110

    $7,950,000
    59,544 sqft 3.08 AC lot

    Modern multifamily property with private entries, attached garages, patios, and in-unit laundry across a two- and three-bedroom mix.

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    Modern 22-Unit Duplex Development
    Modern 22-Unit Duplex Development

    TBD 1954-1984 Russell St, Spearfish, SD 57783

    $5,685,000
    836 sqft

    Appliance-furnished duplex units feature open layouts, private outdoor space, and dedicated off-street parking.

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    Four-Unit Apartment Property
    Four-Unit Apartment Property

    2900 E Klondike Trl, Sioux Falls, SD 57103

    $549,000
    3,776 sqft 0.32 AC lot

    Each residence includes a detached single-stall garage and access to a shared utility area.

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    Mid-Rise Apartment Building with Commercial Units
    Mid-Rise Apartment Building with Commercial Units

    108 South Lincoln Street, Aberdeen, SD 57401

    $1,892,094
    19,500 sqft

    The property combines residential occupancy with two commercial units in a mid-rise configuration.

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    Updated Duplex with Attached Garages
    Updated Duplex with Attached Garages

    616 618 N Garfield Ave, Sioux Falls, SD 57104

    $329,000
    2,082 sqft 0.18 AC lot

    Two separately metered residences offer private laundry, attached garages, and flexible owner-occupant or rental use.

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    South Dakota Multifamily Properties Market Trends and Statistics

    Explore 239 multifamily properties for sale in South Dakota, showcased through 239 active listings on our real estate platform. These investment opportunities span a total of 1,820,739 square feet of properties for sale, with an estimated market value of $155,414,694.

    Sale prices for multifamily properties in South Dakota start at $78,000, averaging $925,087, and reaching up to $10,100,000 — 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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