Multifamily

Box Elder, SD Multifamily Properties for Sale

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Rapid City, SD New Underwood, SD Piedmont, SD Summerset, SD Black Hawk, SD Sturgis, SD Hermosa, SD Keystone, SD
9-Cabin Multifamily Property
Updated: Aug 17
9-Cabin Multifamily Property

301 Line Rd, Box Elder, SD 57719

$449,900
Nine separate cabin structures on the property
One two‑story cabin; remaining cabins feature single‑level living
Cabins 6 and 7 are gutted and ready for renovation
Remaining cabins are occupied under month‑to‑month rental agreements
Lot 3 currently has no structure
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Box Elder, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Townhome Apartment Building
5-Unit Townhome Apartment Building

2627-2635 Cottontail Drive, Sturgis, SD 57785

$995,000
4,860 sqft

Five single-level townhomes offer private entrances, attached garages, and individual laundry facilities.

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Duplex Property With Mobile Home
Duplex Property With Mobile Home

5823 Corbin Dr, Rapid City, SD 57703

$249,900
0.69 AC lot

Two homes offer finished rental space alongside an unfinished lower-level unit for added flexibility.

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Triplex with Electric Wall Furnace
Triplex with Electric Wall Furnace

1958 Junction Avenue, Sturgis, SD 57785

$249,500

Triplex property with three long-term rental homes needing significant updates and repairs.

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Updated Mobile Home in Rapid
Updated Mobile Home in Rapid

1980 Lot #33 Country Road, Rapid City, SD 57701

$78,000

Move-in ready 3 bed, 2 bath mobile home for sale.

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Off-Market Properties in Box Elder, SD

Consider similar Off-Market properties in Box Elder, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Box Elder, SD 57719
HIGH-RISE APARTMENTS

Box Elder, SD 57719

$2,235,000
Estimated value
33,719 sqft 8.15 AC lot
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545 Northern Lgts Blvd
HIGH-RISE APARTMENTS

545 Northern Lgts Blvd, Box Elder, SD 57719

$1,400,000
Estimated value
19,781 sqft 11.03 AC lot
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Box Elder, SD Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Box Elder, SD on our real estate platform.

Sale prices for multifamily properties in Box Elder, SD average $449,900 — 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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Demographics Overview

Population 11K
Population Growth (5Y) +42.5%
Median Household Income $74,936
College Educated 33.8%

Taxes & Financing

Tax Rate (average for all types) 1.50%
Property Tax per SF $52.24 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

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