Multifamily

Elk Point, SD Multifamily Properties for Sale

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Westfield, IA Akron, SD Burbank, SD Beresford, SD Vermillion, SD Jefferson, SD Ponca, NE Alcester, SD
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 apartments: three 3‑bedroom units and two 2‑bedroom units
7,536 square feet on a 0.183‑acre lot
Exterior includes vinyl siding, a new roof, and new windows
Dedicated off‑street parking for each apartment
Baseboard and forced‑air heating; window‑unit cooling
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1 active listing matches your search: Multifamily for sale in Elk Point, SD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Three-Unit Residential Property
Three-Unit Residential Property

2605 Home St, Sioux City, IA 51109

$169,000
1,140 sqft 0.24 AC lot

A four-bedroom residence and two efficiency apartments are served by separate utilities.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

1818 W PALMER AVE, Sioux City, IA 51103

$140,000
1,456 sqft 0.14 AC lot

A fully occupied residential income property with forced-air heating and alley-access parking.

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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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Student Housing Portfolio Opportunity
Student Housing Portfolio Opportunity

1000 N Dakota St, Vermillion, SD 57069

Contact for pricing

Student housing portfolio totaling 310 beds across 127 units.

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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%

Total CRE Inventory on Market (SF)

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