Advertise
    South Dakota
    Multifamily

    Pennington County, SD Multifamily Properties for Sale

    Notify Me
    List
    Map
    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Lead, SD Watertown, SD Tea, SD Huron, SD
    31 properties
    Sort:
    8-Unit Apartment Building
    Updated: Mar 27
    8-Unit Apartment Building

    811 Mallow Street, Rapid City, SD 57701

    $999,500
    5,198 sqft 0.40 AC lot
    8‑unit apartment building with 4 ground‑level units and 4 upper‑level units
    5,198‑square‑foot building on a 0.4‑acre site
    Unit mix includes 2‑bedroom/1‑bath and 3‑bedroom/2‑bath apartments
    Zero‑entry access for ground‑floor residences; upper units use exterior decks
    Private entrances, full kitchens, in‑unit laundry, and separate electric meters
    View details
    8-Unit Multifamily Apartment Building
    Updated: Jun 12
    8-Unit Multifamily Apartment Building

    10 E Quincy Street, Rapid City, SD 57701

    $899,000
    0.16 AC lot
    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.
    View details
    Up-and-Down Duplex with Garage
    Up-and-Down Duplex with Garage

    611 St. Patrick Street, Rapid City, SD 57701

    $245,000
    1,928 sqft

    Two-level duplex with a three-bedroom main residence, lower studio, shared laundry, and off-street parking.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Separate Living Quarters
    Duplex with Separate Living Quarters

    930 St Francis, Rapid City, SD 57701

    $737,700
    4,000 sqft

    Each of the two living areas has a full kitchen, supporting distinct household spaces under one roof.

    View details
    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    905/907 Clark Lane, Rapid City, SD 57702

    $550,000
    2,680 sqft

    Side-by-side duplex with finished basements, updated interiors, fenced yards, and separate outdoor areas.

    View details
    Fully Rented Duplex
    Fully Rented Duplex

    3417 W RAPID, Rapid City, SD 57702

    $285,000

    Two-unit residential property with current occupancy and an established operating history.

    View details
    Two-Story Duplex
    Two-Story Duplex

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Income property with sustained occupancy and separate heating and cooling systems.

    View details
    Brick Triplex with Detached Garage
    Brick Triplex with Detached Garage

    305 E PHILADELPHIA, Rapid City, SD 57701

    $460,000
    4,100 sqft

    Three residential units offer distinct layouts, private parking options, shared outdoor areas, and individual furnaces and water heaters.

    View details
    Single-Family Rental Portfolio
    Single-Family Rental Portfolio

    270 Landmark Court, Box Elder, SD 57719

    $4,150,000

    19 modern rental homes with detached single-car garages and tenant-paid utilities provide a ready-made residential income portfolio.

    View details
    Duplex Property With Mobile Home
    Duplex Property With Mobile Home

    5823 Corbin Dr, Rapid City, SD 57703

    $229,900
    0.69 AC lot

    Two homes offer finished rental space alongside an unfinished lower-level unit for added flexibility.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    1948 Hillsview Dr, Rapid City, SD 57702

    $549,900
    0.90 AC lot

    Updated multifamily property near Canyon Lake Park, schools, shopping, and restaurants with tenant and owner storage options.

    View details
    Cabin Resort with Main Residence
    Cabin Resort with Main Residence

    13310 Silver Mountain Rd, Rapid City, SD 57702

    $2,385,000

    Five guest cabins and a custom-built home make up this multi-building hospitality property near Black Hills attractions.

    View details
    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    811 MALLOW ST, Rapid City, SD 57701

    Contact for pricing
    5,198 sqft

    Eight apartments offer varied two- and three-bedroom layouts with on-site private parking.

    View details
    Downtown Two-Unit Duplex
    Downtown Two-Unit Duplex

    711 5th St, Rapid City, SD 57702

    $600,000

    Commercially zoned property with residential occupancy, basement access, and a detached single-car garage.

    View details
    Apartment Buildings with Private Garages
    Apartment Buildings with Private Garages

    4815 5TH ST, Rapid City, SD 57701

    $31,250,000

    Recently built multifamily property with varied unit layouts, in-unit laundry, and professionally managed operations.

    View details
    Furnished Side-by-Side Duplex
    Furnished Side-by-Side Duplex

    200 Saint Cloud St, Rapid City, SD 57701

    $455,000

    Each residence offers a single-level layout with a kitchen, living room, and laundry area.

    View details
    Triplex with Detached ADU
    Triplex with Detached ADU

    510 E Chicago, Rapid City, SD 57701

    $309,900

    Non-conforming tri-plex includes a main residence, finished basement suite, and detached one-bedroom efficiency cottage with electrical upgrades.

    View details
    Side-by-Side Duplex
    Side-by-Side Duplex

    118 E SIGNAL DR, Rapid City, SD 57701

    $198,900

    Both residences have two bedrooms, laundry connections, and fenced outdoor areas.

    View details
    80-Unit Single-Level Apartment Community
    80-Unit Single-Level Apartment Community

    3151 OUTLOOK CIR, Rapid City, SD 57701

    $12,400,000

    Two- and three-bedroom layouts, garage parking, and shared indoor and outdoor amenities serve residents across the property.

    View details
    Side-by-Side Duplex with Storage
    Side-by-Side Duplex with Storage

    801 N MAPLE AVE, Rapid City, SD 57701

    $285,000

    Separate metering, private laundry, and recent exterior improvements support straightforward property management.

    View details
    Raised-Ranch Duplex with Storage Shed
    Raised-Ranch Duplex with Storage Shed

    811 N MAPLE, Aberdeen, SD 57701

    $265,000

    Two-unit residential income property with basement space, updated roofing, and a separate storage shed.

    View details
    Two-Unit Duplex with Newer Roof
    Two-Unit Duplex with Newer Roof

    811 N Maple Ave, Rapid City, SD 57701

    $265,000

    Raised-ranch duplex with matching two-bedroom layouts, one bathroom per unit, basement space, and a storage shed.

    View details
    Duplex with Detached Garage
    Duplex with Detached Garage

    820 BLAINE AVE, Rapid City, SD 57701

    $285,000

    Income property offering fenced outdoor areas, alley-accessed garage space, and off-street parking.

    View details
    Two-Residence Duplex Property
    Two-Residence Duplex Property

    421 Spruce, Rapid City, SD 57701

    $170,000

    Separate residences occupy one lot and require repair and renovation work.

    View details

    Pennington County, SD Multifamily Properties Market Trends and Statistics

    Explore 39 multifamily properties for sale in Pennington County, SD, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 27,203 square feet of properties for sale, with an estimated market value of $61,484,700.

    Sale prices for multifamily properties in Pennington County, SD start at $78,000, averaging $2,049,490, and reaching up to $31,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Multifamily properties by market

    Browse Multifamily properties for Sale Near Pennington, SD

    Popular Categories

    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!