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    Garretson, SD
    Multifamily

    Garretson, SD Multifamily Properties for Sale

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    Brandon, SD Dell Rapids, SD Baltic, SD Jasper, MN Renner, SD Sioux Falls, SD Valley Springs, SD Beaver Creek, MN
    Duplex with Ground-Floor Hair Salon
    Updated: May 27
    Duplex with Ground-Floor Hair Salon

    524 N Main Ave, Garretson, SD 57030

    $113,999
    1,414 sqft 0.08 AC lot
    Lower‑level hair salon with leases signed until 2029
    Upper‑level fully remodeled 2‑bedroom, 1‑bath apartment on a new 1‑year lease
    Brick veneer duplex built in 1880
    Public water and public sewer
    Off‑street parking
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    Two Mobile Home Communities
    Updated: Jul 7
    Two Mobile Home Communities

    210 DOWS ST, Garretson, SD 57030

    Contact for pricing
    1,350 sqft
    Two mobile home communities totaling 64 units in the Sioux Falls, SD metro area
    1986 build year; both properties are served by public utilities
    85.9% occupancy with only 12 park‑owned homes
    Mostly tenant‑owned homes, with 9 vacancies listed for infill opportunities
    Includes upside potential noted in remarks: moving rents to market and infilling vacancies
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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 11 Potential Opportunities for your consideration. Besides 2 Active listings in Garretson, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fourplex Townhome-Style Units
    Fourplex Townhome-Style Units

    2800 E Madison St, Sioux Falls, SD 57103

    $640,000
    5,200 sqft 0.40 AC lot

    Immaculately maintained fourplex with four townhome-style units, central HVAC, and in-unit washer and dryer hookups.

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    Historic School Condominium Complex
    Historic School Condominium Complex

    109 E Luverne Street #Units 101-336, Luverne, MN 56156

    $1,750,000
    75,000 sqft

    Well-maintained 32-unit condominium complex in a repurposed historic school building with 1–3 bedroom units.

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    Remodeled Office Building with Two Apartments
    Remodeled Office Building with Two Apartments

    212 Main St, Luverne, MN 56156

    $285,000
    7,300 sqft 0.16 AC lot

    Remodeled office building on a 0.155-acre lot with parking in the rear and two upper-level apartments.

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    Townhome-Style Multifamily Community
    Townhome-Style Multifamily Community

    4601 East 3rd Street, Sioux Falls, SD 57110

    Contact for pricing

    Two-story rental community with private entrances, eat-in kitchens, patios or yards, and detached single-stall garages.

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    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.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Waterfront Land with Boat Lift
    Waterfront Land with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

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    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

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    Off-Market Properties in Garretson, SD

    Consider similar Off-Market properties in Garretson, 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.

    210 Dows St
    MOBILE HOME PARK, TRAILER PARK

    210 Dows St, Garretson, SD 57030-2001

    $290,000
    Estimated value
    1,350 sqft 8.76 AC lot
    View details

    Garretson, SD Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Garretson, SD on our real estate platform. These investment opportunities span a total of 2,764 square feet of properties for sale, with an estimated market value of $113,999.

    Sale prices for multifamily properties in Garretson, SD average $113,999 — 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

    Duplexes 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 2,617
    Population Growth (5Y) -9.7%
    Median Household Income $83,932
    College Educated 36.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57030 $114K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $26.86 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Minnehaha County

    New Delisted

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