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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 Watertown, SD Tea, SD Sturgis, SD
    219 properties
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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
    Updated: Aug 9
    9-Unit Apartment Building

    703 S Dakota Ave, Sioux Falls, SD 57104

    $780,000
    5,248 sqft 0.22 AC lot
    9‑unit apartment property with 5,248 square feet
    Unit mix: eight 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
    0.2212‑acre lot at 703 S Dakota Ave, Sioux Falls, SD 57104
    7‑stall detached garage plus off‑street parking
    Lower‑level common‑area coin‑operated laundry
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    5-Unit Apartment Building
    5-Unit Apartment Building

    2405-2416 Prairie Eagle Cir, Huron, SD 57350

    $579,900
    5,744 sqft 0.46 AC lot

    Five residences offer two-bedroom layouts, private garages, and current occupancy across the property.

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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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    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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    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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    6-Unit Apartment Building
    6-Unit Apartment Building

    412 S Thompson Ave, Sioux Falls, SD 57103

    $499,000
    5,376 sqft 0.23 AC lot

    Apartments include shared coin-operated laundry and a mix of one- and two-bedroom layouts.

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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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    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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    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 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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    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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    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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    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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    42-Unit Townhome-Style Apartment Building
    42-Unit Townhome-Style Apartment Building

    4802 S Hosta Ave, Sioux Falls, SD 57110

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

    Nearly new rental community with private entries, attached garages, and in-unit laundry.

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    Four-Unit Townhome-Style Quadplex
    Four-Unit Townhome-Style Quadplex

    2800 E Madison St Unit 1-4, Sioux Falls, SD 57103

    $640,000
    5,200 sqft

    Four individually configured residences with private laundry, central HVAC, and tenant 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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    32-Unit Apartment Building
    32-Unit Apartment Building

    748 Main, Sturgis, SD 57785

    $1,799,000
    22,706 sqft 1.16 AC lot

    Project-based Section 8 assistance is covered by a contract through July 31, 2034.

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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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    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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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    210 W Main St, Canistota, SD 57012

    $269,900
    2,928 sqft 0.13 AC lot

    Two upper-floor apartments are leased, while commercial space remains available on the ground level.

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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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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    624 W 11th St, Sioux Falls, SD 57104

    $150,000
    2,948 sqft 0.16 AC lot

    Unit mix includes one two-bedroom apartment and two one-bedroom apartments, each with one bathroom.

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    South Dakota Multifamily Properties Market Trends and Statistics

    Explore 219 multifamily properties for sale in South Dakota, showcased through 219 active listings on our real estate platform. These investment opportunities span a total of 1,737,346 square feet of properties for sale, with an estimated market value of $203,377,371.

    Sale prices for multifamily properties in South Dakota start at $78,000, averaging $1,099,337, and reaching up to $31,250,000 — 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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