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    Pennington County, SD Multifamily Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD
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    Established Bar and Grill with Apartment
    Updated: Apr 11, 2024
    Established Bar and Grill with Apartment

    15350 E Hwy 44, Caputa, SD 57725

    $825,000
    5,780 sqft
    Established bar and grill with a unique, nostalgic atmosphere.
    Includes a two‑bedroom apartment, providing owner's quarters or rental income ($1200/month).
    Owner financing available with 30% down, amortized over 20 years at 4% interest (10‑year balloon).
    Located in a growing area with a strong local customer base.
    Includes a large number of fixtures and decor.
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    This listing looks promising.

    Here's a quick look at some key insights for

    15350 E Hwy 44, Caputa, SD 57725

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $73K
      Annual

    • Mortgage

      $116K
      Recorded

    • Property Type

      Bar, Tavern
      Built 1909
    View Property Analytics
    8-Unit Apartment Building with Parking
    Updated: Mar 27
    8-Unit Apartment Building with Parking

    811 Mallow Street, Rapid City, SD 57701

    $999,500
    5,198 sqft · 0.40 AC lot
    8‑unit apartment complex built in 2005 in central Rapid City (4 upper, 4 ground level).
    Unit mix: combination of 2 bed/1 bath and 3 bed/2 bath units; rents range from $875 to $1,075 per unit.
    All units have private entries, open‑concept living space, full kitchen, and private in‑unit laundry; separate electric meters.
    Ground‑level units are zero‑entry; upper levels are accessed via recently refreshed decks on both ends of the building.
    Wall A/C throughout, electric heating, and composition roof; frame construction.
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    8-Unit Multifamily with Off-Street Parking
    8-Unit Multifamily with Off-Street Parking

    10 E QUINCY, Rapid City, SD 57701

    $899,000

    Centrally located 8-unit multifamily property with off-street parking and landlord-paid utilities.

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    Rapid City Multifamily Investment Property
    Rapid City Multifamily Investment Property

    10 E Quincy Street, Rapid City, SD 57701

    $899,000
    0.16 AC lot

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Move-In Ready Duplex with Garages
    Move-In Ready Duplex with Garages

    905/907 Clark Lane, Rapid City, SD 57702

    $550,000
    2,680 sqft

    Renovated duplex offers independent living units, privacy-fenced outdoor space, and alley access to parking.

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    Rented Duplex Investment Property
    Rented Duplex Investment Property

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Duplex in Rapid City offered for sale, fully rented with zero vacancy reported for over three years.

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    Up-Down Duplex With Separate Entrances
    Up-Down Duplex With Separate Entrances

    3225 W Rapid Street, Rapid City, SD 57702

    $265,000
    1,640 sqft

    Updated up-and-down duplex offers separate secured entrances, private tenant parking, and in-unit laundry for both homes.

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    Rapid City Multifamily Value-Add Opportunity
    Rapid City Multifamily Value-Add Opportunity

    10 E Quincy St, Rapid City, SD 57701

    $1,099,900
    4,953 sqft

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

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

    1918 Ivy Ave, Rapid City, SD 57701

    $275,000

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

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    Updated Mobile Home in Rapid
    Updated Mobile Home in Rapid

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

    $78,000

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

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 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.

    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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    Residential Land in Carpenter, WY
    Residential Land in Carpenter, WY

    Road 201, Carpenter, WY 82054

    $82,000
    6.00 AC lot

    Corner lot with no covenants, manufactured housing allowed.

    View details
    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.

    View details
    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.

    View details

    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.

    Marlin Dr
    Multifamily properties

    0 Marlin Dr, Rapid City, SD 57703

    Value Estimation by Request
    3.11 AC lot
    View details
    Box Elder, SD 57719
    HIGH-RISE APARTMENTS

    Box Elder, SD 57719

    $2,235,000
    Estimated value
    33,719 sqft · 8.15 AC lot
    View details
    545 Northern Lgts Blvd
    HIGH-RISE APARTMENTS

    545 Northern Lgts Blvd, Box Elder, SD 57719

    $1,400,000
    Estimated value
    19,781 sqft · 11.03 AC lot
    View details
    2006 Promise Rd
    HIGH-RISE APARTMENTS

    2006 Promise Rd, Rapid City, SD 57701

    $1,820,000
    Estimated value
    23,278 sqft · 9.23 AC lot
    View details
    330 Philadelphia St
    HIGH-RISE APARTMENTS

    330 Philadelphia St, Rapid City, SD 57701-1810

    $580,000
    Estimated value
    7,556 sqft · 2.71 AC lot
    View details
    1617 Debra Dr
    HIGH-RISE APARTMENTS

    1617 Debra Dr, Rapid City, SD 57702-1007

    $995,000
    Estimated value
    12,702 sqft · 2.31 AC lot
    View details
    636 Cathedral Dr
    HIGH-RISE APARTMENTS

    636 Cathedral Dr, Rapid City, SD 57701-5438

    $760,000
    Estimated value
    9,678 sqft · 3.10 AC lot
    View details
    1018 11th St
    HIGH-RISE APARTMENTS

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

    $600,000
    Estimated value
    6,868 sqft · 0.72 AC lot
    View details

    Pennington County, SD Multifamily Properties Market Trends and Statistics

    Explore 18 multifamily properties for sale in Pennington County, SD, showcased through 10 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 $3,739,400.

    Sale prices for multifamily properties in Pennington County, SD start at $265,000, averaging $747,880, 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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