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    Elk Point, SD
    Multifamily

    Elk Point, SD Multifamily Properties for Sale

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    Westfield, IA Burbank, SD Akron, SD Beresford, SD Vermillion, SD Jefferson, SD Ponca, NE Hawarden, IA
    Five-Unit Apartment Building
    Updated: Mar 12
    Five-Unit Apartment Building

    304 S Douglas, Elk Point, SD 57025

    $475,000
    7,536 sqft 0.18 AC lot
    Five apartment units: three 3‑bedroom and two 2‑bedroom residences
    7,536 square feet on 0.183 acres
    New roof, vinyl siding, and windows
    Designated off‑street parking for each unit
    R‑1 zoning; built in 1972
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Point, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Two-Unit Duplex with Spacious Layout
    Two-Unit Duplex with Spacious Layout

    2204 W 4th Street, Sioux City, IA 51103

    $130,000
    1,799 sqft 0.22 AC lot

    Two residential units provide separate kitchens, with laundry hookups located in the upper unit.

    View details
    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    1818 W PALMER AVE, Sioux City, IA 51103

    $140,000
    1,456 sqft 0.14 AC lot

    Residential zoning and alley-accessed parking support this fully occupied duplex.

    View details
    Vermillion Multifamily Investment Opportunity
    Vermillion Multifamily Investment Opportunity

    1000 S Crawford Rd, Vermillion, SD 57069

    $2,080,000
    6,560 sqft 0.72 AC lot

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

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    Fully Leased Apartment Property
    Fully Leased Apartment Property

    1317 Madison Street, Vermillion, SD 57069

    Contact for pricing

    Multifamily property combining apartment and townhome residences with laundry equipment inside each unit.

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    Elk Point, SD Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Elk Point, SD on our real estate platform. These investment opportunities span a total of 7,536 square feet of properties for sale, with an estimated market value of $475,000.

    Sale prices for multifamily properties in Elk Point, SD average $475,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 3,165
    Population Growth (5Y) +6.0%
    Median Household Income $88,466
    College Educated 41.6%

    High-Yield Neighborhoods for Investment

    Identify Elk Point submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57025 $475K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $21.39 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

    Total CRE Inventory on Market (SF)

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