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    Lake County, SD Multifamily Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Huron, SD Lead, SD Watertown, SD Tea, SD
    Multifamily Property in Madison, SD
    Updated: Nov 21, 2025
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,500,000
    New roof (2023‑2024) and renovated parking garage (Fall 2024)
    Institutional quality solid construction
    Diverse unit mix: one, two‑bedroom units, some with vaulted ceilings
    Large underground garage with 31 stalls
    Stable tenant mix (primarily 55+)
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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 2 Potential Opportunities for your consideration. Besides 1 Active listings in Lake County, SD, we suggest exploring several alternatives: plus 1 Land Listings that present a potential for development.

    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 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.

    View details

    Lake County, SD Multifamily Properties Market Trends and Statistics

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

    Sale prices for multifamily properties in Lake County, SD average $2,500,000 — 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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