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    Lemmon, SD
    Multifamily

    Lemmon, SD Multifamily Properties for Sale

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    Hettinger, ND
    Residential Income Property For Sale
    Updated: Jan 19, 2023
    Residential Income Property For Sale

    605 Main Ave, Lemmon, SD 57638

    $100,000
    2,688 sqft
    Potential for double‑digit ROI.
    Live in one unit and rent out the others to cover mortgage costs.
    Features four 1‑bedroom apartments, three currently rented.
    Includes one unfinished 2‑bedroom garden apartment.
    Includes one unfinished 1‑bedroom main floor apartment.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lemmon, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Step-Free One-Story Townhouse Complex
    Step-Free One-Story Townhouse Complex

    407 & 409 Millionaire Ave, Mott, ND 58646

    $825,000
    1,060 sqft · 0.97 AC lot

    Eight accessible one-story townhomes plus a flexible 9th bonus unit for storage or rental conversion.

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    Nine-Unit Apartment Building
    Nine-Unit Apartment Building

    501 Memorial Hwy, Bismarck, ND 58504

    $590,000
    2,910 sqft

    Fully rented nine-plex offers four two-bedroom units and five upstairs efficiencies for income-focused ownership.

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    Mott 8-Unit Townhouse Complex
    Mott 8-Unit Townhouse Complex

    407 & 409 Millionaire Ave, Mott, ND 58646

    $825,000
    1,060 sqft

    8-unit apartment complex with long-term tenants in place.

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    Three-Unit Apartment Triplex
    Three-Unit Apartment Triplex

    415 Memorial Hwy, Bismarck, ND 58504

    $220,000
    1,674 sqft

    A fully rented triplex with three single-stall garages for convenient on-site parking.

    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.

    Commercial Land with RV Park
    Commercial Land with RV Park

    1003 W Bell St, Glendive, MT 59330

    $435,000
    3.88 AC lot

    Mobile home and RV park with expansion potential in Glendive.

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    Residential Subdivision Land Opportunity
    Residential Subdivision Land Opportunity

    1 Rainbow Estates, Glendive, MT 59330

    $50,000

    49-lot subdivision suitable for various residential development projects.

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    Residential Development Opportunity in Buffalo
    Residential Development Opportunity in Buffalo

    TBD Glencoe Way, Buffalo, WY 82834

    $407,000
    5.77 AC lot

    5.77 acres for residential development with city utilities available.

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    Lakefront Recreation Lot with Boat Lift
    Lakefront Recreation Lot with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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    Lemmon, SD Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lemmon, SD on our real estate platform. These investment opportunities span a total of 2,688 square feet of properties for sale, with an estimated market value of $100,000.

    Sale prices for multifamily properties in Lemmon, SD start at $100,000, averaging $100,000, and reaching up to $100,000 — 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 1,963
    Population Growth (5Y) +8.0%
    Median Household Income $58,672
    College Educated 29.4%

    Taxes & Financing

    Tax Rate (average for all types) 0.64%
    Property Tax per SF $23.13 per SF
    Average Loan-to-Value 65.0%

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