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    Lennox, SD Multifamily Properties for Sale

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    Worthing, SD Harrisburg, SD Tea, SD
    Five-Unit Multifamily Property
    $325,000
    4,372 SF
    Five-Unit Multifamily Property

    511 -517 Main St S, Lennox, SD 57039

    Five-unit rental building with coin-operated laundry, separate electric meters, and a newer boiler for reliable heating.
    • 5‑plex in Lennox SD: four 2 bed/1 bath units plus a 1‑bedroom loft at the rear
    • Coin‑operated laundry on site
    • 4‑stall garage with potential added income; currently left open
    • Separate electrical per unit
    • Heating includes newer boiler; options listed include natural gas, baseboard, and radiant heat
    Updated: Jun 1
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lennox, 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.

    Furnished Triplex in Sioux Falls
    $450,000
    2,420 SF
    Furnished Triplex in Sioux Falls

    Triplex with flexible rental potential near amenities in Sioux Falls.

    2504 S Summit Ave, Sioux Falls, SD 57105

    View details
    Sioux Falls Multifamily Investment Property
    $370,000
    2,431 SF
    Sioux Falls Multifamily Investment Property

    Multifamily property with updated features and large backyard.

    5100 W 47 St, Sioux Falls, SD 57106

    View details
    Commercial Space with Apartment Units
    $895,000
    758 SF
    Commercial Space with Apartment Units

    Commercial space with 30 apartment units above available for rent.

    120 N Heritage Pkwy, Tea, SD

    View details
    RV Park and Apartments
    $8,503,638
    15.02 Acres
    RV Park and Apartments

    RV park with apartments, high visibility, and commercial zoning.

    4501 W 12th St, Sioux Falls, SD

    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.

    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

    View details
    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

    View details
    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

    Lennox, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Lennox, SD on our real estate platform. These investment opportunities span a total of 4,372 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for multifamily properties in Lennox, SD start at $325,000, averaging $325,000, and reaching up to $325,000 — 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 3,875
    Population Growth (5Y) +8.8%
    Median Household Income $79,209
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $30.65 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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