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    Garretson, SD Multifamily Properties for Sale

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    Dell Rapids, SD Brandon, SD Baltic, SD
    Garretson Mixed-Use Investment Property
    $120,000
    1,414 SF
    Garretson Mixed-Use Investment Property

    524 N Main Ave, Garretson, SD 57030

    Mixed-use property with commercial and residential units, generating cash flow.
    • Mixed‑use investment property with a lower‑level commercial hair salon and an upper‑level 2‑bedroom, 1‑bath apartment
    • Hair salon has leases signed until 2029
    • Upper‑level apartment is fully remodeled with a brand new 1‑year lease signed
    • Brick veneer construction with natural gas heating and electric cooling
    • Public water and public sewer
    Updated: May 27
    View details
    Historic Multifamily Building For Sale
    $429,000
    4,800 SF
    Historic Multifamily Building For Sale

    529 North Main Avenue, Garretson, SD 57030

    Multifamily property with main-floor space and on-site parking.
    • 4,800 SF main‑floor space available for lease or owner occupant
    • On National Register of Historic Places
    • Allowance for roof replacement included
    • Recently tuck‑pointed
    • 3 on‑site parking spaces
    Updated: Mar 6
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    Historic Mixed-Use Building For Sale
    $429,000
    4,800 SF
    Historic Mixed-Use Building For Sale

    Mixed-use building with apartments and commercial space in Garretson, SD.

    529 North Main Avenue, Garretson, SD 57030

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    Sioux Falls Four-Plex Investment
    $650,000
    5,200 SF
    Sioux Falls Four-Plex Investment

    Immaculately maintained four-plex in a highly desirable Sioux Falls area.

    2800 E Madison St, Sioux Falls, SD 57103

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    Luverne Multifamily Investment Opportunity
    $1,750,000
    2.22 Acres
    Luverne Multifamily Investment Opportunity

    32-unit complex in Luverne, near amenities and recreation.

    109 E Luverne Street, Luverne, MN 56156

    View details
    City Centre Condominium Complex
    $1,750,000
    75,000 SF
    City Centre Condominium Complex

    32-unit complex in Luverne, featuring a full gymnasium.

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

    View details
    Sioux Falls Multifamily Investment
    $14,110,000
    107,368 SF
    Sioux Falls Multifamily Investment

    Garden-style apartment community in Sioux Falls, South Dakota.

    1311 N Cleveland Ave, Sioux Falls, SD 57103

    View details

    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

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    Alexandria Lakeshore Property with Rental Opportunity
    $798,500
    15.62 Acres
    Alexandria Lakeshore Property with Rental Opportunity

    Lakeshore property with rental cabins and RV sites near Alexandria.

    5950 County Road 8 NW, Alexandria, MN 56308

    View details
    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

    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
    1,350 SF Lot: 8.76 Acres
    Value Estimation by Request

    210 Dows St, Garretson, SD 57030-2001

    View details

    Garretson, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Garretson, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,014 square feet of properties for sale, with an estimated market value of $978,000.

    Sale prices for multifamily properties in Garretson, SD start at $120,000, averaging $326,000, and reaching up to $429,000 — 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 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 $429K

    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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