Multifamily

Florence, SD Multifamily Properties for Sale

Notify Me
List
Map
Watertown, SD Bradley, SD Webster, SD Waubay, SD Clark, SD Summit, SD
5-Unit Apartment Building
Updated: Jun 16, 2024
5-Unit Apartment Building

400 1st St, Florence, SD 57235

$215,000
5‑unit apartment property at 400 1st St, Florence, SD 57235
100% occupancy rate
10% cap rate
New roof and replacement decks
Fresh exterior and interior paint
View details
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 Florence, 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.

Corner-Lot Duplex with Attached Garage
Corner-Lot Duplex with Attached Garage

1625 Northridge Dr, Watertown, SD 57201

$356,000
1,580 sqft 0.08 AC lot

Twin-home property in Village of Northridge with a deck, greenspace views, and nearby clubhouse access.

View details
Over-Under Duplex with Separate Entrances
Over-Under Duplex with Separate Entrances

617 W 3rd Street, Madison, MN 56256

$79,500
713 sqft 0.05 AC lot

Two apartments provide distinct living areas, kitchens, bathrooms, and laundry rooms within a frame residence.

View details
Over-Under Duplex
Over-Under Duplex

617 W 3rd St, Madison, MN 56256

$79,500
713 sqft

Two-level duplex with separate entrances, individual laundry rooms, and a two-bedroom upper apartment.

View details
22-Unit Mixed-Use Property
22-Unit Mixed-Use Property

114 -122 E Kemp Ave, Watertown, SD 57201

Contact for pricing
45,039 sqft

Downtown building combining commercial storefronts with residential apartments and an unfinished basement.

View details

Florence, SD Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Florence, SD on our real estate platform.

Sale prices for multifamily properties in Florence, SD average $215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 796
Population Growth (5Y) -11.3%
Median Household Income $80,938
College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57235 $215K

Taxes & Financing

Tax Rate (average for all types) 1.47%
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings