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Pennington County, SD Multifamily Properties for Sale

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Sioux Falls, SD Aberdeen, SD Rapid City, SD

11 results

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Rapid City Apartment Investment Opportunity

$999,500

5,198 SF

Rapid City Apartment Investment Opportunity

811 Mallow Street, Rapid City, SD 57701

Eight-unit apartment complex in central Rapid City with high occupancy.

High occupancy rate and consistent rental history.
Eight‑unit apartment complex built in 2005.
Combination of 2 and 3 bedroom units with in‑unit laundry and separate electric meters.
Recent preventative maintenance including newer roof and water heater replacements.
Ground level units are zero‑entry for accessibility.

Updated: Mar 27

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Rapid City Multifamily Investment Property

$899,000

0.16 Acres

Rapid City Multifamily Investment Property

10 E Quincy Street, Rapid City, SD 57701

8-unit multifamily property near downtown and School of Mines.

Prime location near South Dakota School of Mines & Technology and downtown Rapid City.
8‑unit multifamily property in a consistently occupied rental corridor.
Diverse unit mix: studios, 2‑bedroom, and 3‑bedroom units.
Strong rental income potential: $650-$1,500/month per unit.
Off‑street parking and common laundry available.

Updated: Apr 22

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$899,000

Rapid City Multifamily Investment Property

8-unit multifamily property near downtown Rapid City and SD Mines.

10 E QUINCY, Rapid City, SD 57701

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$550,000

2,680 SF

Move-in Ready Rapid City Duplex

Renovated duplex in central Rapid City with income potential.

905/907 Clark Lane, Rapid City, SD 57702

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Rapid City Duplex Investment Opportunity

$285,000

1,640 SF

Rapid City Duplex Investment Opportunity

Up/down duplex with recent updates in Northwest Rapid City.

3225 W Rapid Street, Rapid City, SD 57702

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$295,000

Rapid City Duplex Investment Property

Fully rented duplex in Rapid City with consistent income.

3417 W Rapid Street, Rapid City, SD 57702

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$78,000

Updated Mobile Home in Rapid

Move-in ready 3 bed, 2 bath mobile home for sale.

1980 Lot #33 Country Road, Rapid City, SD 57701

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Rapid City Multifamily Value-Add Opportunity

$1,099,900

4,953 SF

Rapid City Multifamily Value-Add Opportunity

8-unit multifamily property with value-add potential in Rapid City.

10 E Quincy St, Rapid City, SD 57701

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$275,000

Side-by-Side Duplex Opportunity

Duplex suitable for home ownership, single family, or investment.

1918 Ivy Ave, Rapid City, SD 57701

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Established Bar and Grill with Apartment

$825,000

5,780 SF

Established Bar and Grill with Apartment

Bar and grill with apartment in growing Caputa, South Dakota.

15350 E Hwy 44, Caputa, SD 57725

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Development Opportunity Near Ellsworth AFB

$3,750,000

24.76 Acres

Development Opportunity Near Ellsworth AFB

Commercial site ready for multifamily or mixed-use development.

TBD Liberty Boulevard, Box Elder, SD 57719

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 11 Active listings in Pennington County, SD, we suggest exploring several alternatives: similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

$435,000

3.88 Acres

Commercial Land with RV Park

Mobile home and RV park with expansion potential in Glendive.

1003 W Bell St, Glendive, MT 59330

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$50,000

Residential Subdivision Land Opportunity

49-lot subdivision suitable for various residential development projects.

1 Rainbow Estates, Glendive, MT 59330

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$150,000

1.39 Acres

Flat Lot in Crystal Lakes

1.39 acre lot with improvements ready for outdoor enjoyment.

5449 N County Road 73C, Red Feather Lakes, CO 80545

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Improved Recreational Land in Crystal Lakes

$165,000

1.47 Acres

Improved Recreational Land in Crystal Lakes

1.47 acre lot with utilities and community amenities.

5481 N County Road 73C, Red Feather Lakes, CO 80545

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Off-Market Properties in Pennington County, SD

Consider similar Off-Market properties in Pennington County, 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.

HIGH-RISE APARTMENTS • 6,868 SF

Value Estimation

$600,000

1018 11th St, Rapid City, SD 57701-3416

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Pennington County, SD Multifamily Properties Investment Opportunities Market Analysis

Explore 19 multifamily properties for sale in Pennington County, SD, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 20,251 square feet of properties for sale, with an estimated market value of $3,759,400.

Sale prices for multifamily properties in Pennington County, SD start at $285,000, averaging $751,880, and reaching up to $1,099,900 — 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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Pennington County, SD Multifamily Properties for Sale

Rapid City Apartment Investment Opportunity

Eight-unit apartment complex in central Rapid City with high occupancy.

Rapid City Multifamily Investment Property

8-unit multifamily property near downtown and School of Mines.