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Lead, SD Multifamily Properties for Sale

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23-Unit Apartment Complex in Lead, SD
$1,690,000
15,727 SF

23-Unit Apartment Complex in Lead, SD

200 Montana Ave, Lead, SD 57754

Investment opportunity: 23-unit apartment complex with expansion potential.

  • 100% occupancy with consistent rental history.
  • Potential for expansion, including unit expansion, commercial kitchen, barber shop space, and multiple storage spaces.
  • Zero‑entry access and compliance with most ADA requirements.
  • Secured entry, video surveillance, and internal sprinkler system.
  • On‑site coin operated laundry room and front office space for on‑site management.
Updated: Oct 21, 2025
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Lead, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Spearfish Multifamily Investment
$2,200,000
8,685 SF

Spearfish Multifamily Investment

31-Unit Apartment Complex, High Demand

230 Main St, Spearfish, SD 57783
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Spearfish 5-Plex Investment Opportunity
$659,000
4,305 SF

Spearfish 5-Plex Investment Opportunity

Fully occupied 5-plex with remodeled units and new roof.

314 5Th St, Spearfish, SD 57783
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Rapid City Duplex with Updates
$289,900
2,512 SF

Rapid City Duplex with Updates

Updated duplex in north Rapid City with separate entrances and yards.

401 College Ave, Rapid City, SD 57701
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Rapid City Multifamily Investment Opportunity
$1,625,000

Rapid City Multifamily Investment Opportunity

Well-maintained 12-unit complex in growing Rapid City, South Dakota.

123 E Nowlin St, Rapid City, SD 57701
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Explore Off-Market Properties in Lead, SD

Consider similar Off-Market properties in Lead, 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.

11026 Antelope Trl

11026 Antelope Trl

Multifamily properties • 1,903 SF
Value Estimation by Request
11026 Antelope Trl, Lead, SD 57754
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624 Sunnyhill Rd

624 Sunnyhill Rd

Multifamily properties • 4,472 SF
Value Estimation by Request
624 Sunnyhill Rd, Lead, SD 57754
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11266 Monaco Pl

11266 Monaco Pl

Multifamily properties • 3,076 SF
Value Estimation by Request
11266 Monaco Pl, Lead, SD 57754
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Lead, SD Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Lead, SD on our real estate platform. These investment opportunities span a total of 172,062 square feet of properties for sale, with an estimated market value of $1,690,000.

Prices for multifamily properties in Lead, SD start at $0.00, averaging $422,500, and reaching up to $1,690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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