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    Clay County, SD Multifamily Properties for Sale

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    Sioux Falls, SD Aberdeen, SD Rapid City, SD
    9 results
    Stabilized 24-Unit Multifamily Investment
    $2,080,000
    0.72 Acres

    Stabilized 24-Unit Multifamily Investment

    1000-1008 S Crawford Rd, Vermillion, SD 57069

    100% occupied, nearly fully renovated two-building asset with a diversified unit mix and immediate income potential.

    • 24‑unit multifamily property in Vermillion, South Dakota; 100% occupied
    • Two buildings on 0.72 acres with a unit mix of 22 two‑bedroom/one‑bath and 2 one‑bedroom/one‑bath units
    • Nearly fully renovated with limited capital needs
    • Offering price: $2,080,000; 7.00% cap rate
    • Current NOI of $145,553 and pro forma NOI of $162,370
    Updated: May 22
    View details
    Vermillion Five-Unit Income Property
    $375,000
    4,784 SF

    Vermillion Five-Unit Income Property

    125 Prospect, Vermillion, SD 57069

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

    • Five‑unit income property - maximize your investment portfolio.
    • Prime location: one block from Downtown Vermillion's shops and dining.
    • Easy walking distance to the University of South Dakota (USD) campus.
    • Brand‑new appliances.
    • Updated bathrooms.
    Updated: Mar 11
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    Vermillion Multifamily Property with Expansion Potential
    $199,900
    1,676 SF

    Vermillion Multifamily Property with Expansion Potential

    Multifamily property on two lots near schools and downtown.

    216-216 1/2 High, Vermillion, SD 57069
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    Updated Duplex with Dedicated Garages
    $235,000
    1,911 SF

    Updated Duplex with Dedicated Garages

    Freshly updated duplex with two 2BR/1BA units and dedicated garage stalls, near the University of South Dakota.

    105/107 Dartmouth, Vermillion, SD 57069
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    Vermillion Duplex Near Downtown
    $169,900
    1,924 SF

    Vermillion Duplex Near Downtown

    Two-unit duplex near downtown Vermillion, South Dakota.

    216-218 W Cedar, Vermillion, SD 57069
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    Vermillion Multifamily Investment Opportunity
    $2,080,000
    6,560 SF

    Vermillion Multifamily Investment Opportunity

    Stabilized 24-unit multifamily property in Vermillion, South Dakota.

    1000 South Crawford Road, Vermillion, SD 57069
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    Fully Leased Apartment and Townhome
    Contact for pricing

    Fully Leased Apartment and Townhome

    Class A property with a mix of apartments and townhomes.

    1317 Madison Street, Vermillion, SD 57069
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    Student Housing Portfolio Opportunity
    Contact for pricing

    Student Housing Portfolio Opportunity

    Student housing portfolio totaling 310 beds across 127 units.

    1000 N Dakota St, Vermillion, SD 57069
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    Student Housing Investment Opportunity
    Contact for pricing

    Student Housing Investment Opportunity

    Student housing near the University of South Dakota.

    1001 N Dakota St, Vermillion, SD 57069
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Clay County, SD, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres

    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131
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    Lake Thompson Waterfront Recreational Lot
    $193,800
    0.46 Acres

    Lake Thompson Waterfront Recreational Lot

    0.46 acre lot with 75 feet of lake frontage.

    21425 Sunset Trail, Lake Preston, SD 57249
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
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    Land for Multi-Family Housing
    $249,900
    2.16 Acres

    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308
    View details

    Clay County, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 9 multifamily properties for sale in Clay County, SD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 16,855 square feet of properties for sale, with an estimated market value of $3,059,800.

    Sale prices for multifamily properties in Clay County, SD start at $169,900, averaging $611,960, and reaching up to $2,080,000 — 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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