Multifamily

Newell, SD Multifamily Properties for Sale

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Nisland, SD Vale, SD Belle Fourche, SD Whitewood, SD Sturgis, SD
Two-Story Apartment Building
Updated: Aug 26, 2025
Two-Story Apartment Building

113 3rd Street, Newell, SD 57760

$110,000
2,600 sqft 0.26 AC lot
2,600‑square‑foot, two‑story residential property with 7 bedrooms
0.26 acres across 3 city lots in Newell
Detached 24‑by‑28‑foot, 2‑car garage with concrete floor
Main level includes kitchen, dining area, living room, laundry, 3 bedrooms, 1 1/2 baths, and back porch
Upper level provides 4 bedrooms and 1 shared bath
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newell, 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.

Side-by-Side Duplex with Updated Exterior
Side-by-Side Duplex with Updated Exterior

1511 & 1515 Meade Avenue, Sturgis, SD 57785

$333,000
1,344 sqft 0.22 AC lot

Two occupied units include appliances, laundry equipment, storage sheds, and backyard sprinkler systems.

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Duplex with Side-by-Side Units
Duplex with Side-by-Side Units

1511 & 1515 Meade Avenue, Sturgis, SD 57785

$333,000
1,344 sqft

Two separate addresses share a 1940-built property with electric service and in-unit laundry appliances.

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22-Unit Apartment Property
22-Unit Apartment Property

TBD 1954-1984 Russell Street, Spearfish, SD 57783

$5,685,000
3.25 AC lot

Modern furnished apartments offer open layouts, private outdoor space, and dedicated off-street parking.

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Spearfish Multifamily Development Opportunity
Spearfish Multifamily Development Opportunity

S 27th Street lot: 12 & 13, Spearfish, SD 57783

$339,000
0.57 AC lot

Half-acre corner lot zoned R3, ideal for multifamily development.

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Newell, SD Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Newell, SD on our real estate platform. These investment opportunities span a total of 2,600 square feet of properties for sale, with an estimated market value of $110,000.

Sale prices for multifamily properties in Newell, SD average $110,000 — 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 1,084
Population Growth (5Y) -6.4%
Median Household Income $53,750
College Educated 29.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57760 $110K

Taxes & Financing

Tax Rate (average for all types) 1.56%
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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