Multifamily

Lennox, SD Multifamily Properties for Sale

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Hurley, SD Worthing, SD Tea, SD Harrisburg, SD Centerville, SD Sioux Falls, SD Hartford, SD Viborg, SD
5-Unit Apartment Building with Garage
Updated: Jun 1
5-Unit Apartment Building with Garage

511 -517 Main St S, Lennox, SD 57039

$299,900
4,372 sqft 0.16 AC lot
Five‑unit layout with four 2‑bedroom/1‑bath units and one 1‑bedroom loft
4,372 square feet on 0.163 acres
Coin‑operated laundry on site
Separate electrical service for each unit
4‑stall garage currently open for use
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Three-Unit Multifamily Property
Updated: Jul 26
Three-Unit Multifamily Property

404 W 1st Ave, Lennox, SD 57039

$250,000
2,428 sqft
Three‑unit property with 3BR‑1BA, 2BR‑1BA, and 1BR‑1BA residences
2,428 SF multifamily property built in 1950
3BR unit includes an attached garage and basement
Each unit has a private entrance and its own washer and dryer
Situated on a corner lot at 404 W 1st Ave, Lennox, SD 57039
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5-Unit Apartment Building
5-Unit Apartment Building

511 517 Main St Ss, Lennox, SD 57039

$299,900
4,372 sqft

Five residential units include coin-operated laundry, separate electrical service, and a newer boiler for building heat.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lennox, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Quadplex Portfolio
Quadplex Portfolio

325 Arianna Pl, Tea, SD 57064

$611,900
4,366 sqft

Portfolio includes eight four-plex buildings totaling 32 residential units.

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Eight-Property Quadplex Portfolio
Eight-Property Quadplex Portfolio

335 Arianna Pl, Tea, SD 57064

$611,900
4,366 sqft

Portfolio of four-plex properties in Tea, South Dakota, offering a multi-asset residential income configuration.

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Partially Furnished Duplex with Garages
Partially Furnished Duplex with Garages

641 S Prairie View Cir, Sioux Falls, SD 57108

$225,000
1,549 sqft

Two separate units, individual electrical panels, and multiple garages support flexible residential rental use.

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Side-by-Side Duplex
Side-by-Side Duplex

5014 W 47 St, Sioux Falls, SD 57106

$315,000
1,712 sqft 0.21 AC lot

Two-unit residential property with separate side-by-side layouts and public utilities in Sioux Falls.

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Lennox, SD Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Lennox, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,172 square feet of properties for sale, with an estimated market value of $849,800.

Sale prices for multifamily properties in Lennox, SD start at $250,000, averaging $283,266, and reaching up to $299,900 — 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 2
Triplexes 1

Demographics Overview

Population 3,875
Population Growth (5Y) +8.8%
Median Household Income $79,209
College Educated 29.1%

High-Yield Neighborhoods for Investment

Identify Lennox submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57039 $283.3K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lincoln County

Office

Residential Income

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