Multifamily

Pierre, SD Multifamily Properties for Sale

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Fort Pierre, SD
23-Unit Apartment Building
Updated: Apr 22
23-Unit Apartment Building

1615 East Dakota Avenue, Pierre, SD 57501

$1,500,000
23 units in one two‑story apartment building
Unit mix includes 15‑2BR/1BA and 8‑3BR/1BA residences
21,024 total rentable SF with an average unit size of 914 SF
Constructed in 1980
Surface parking
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Assisted Living Portfolio with IL Apartments
Updated: Apr 11
Assisted Living Portfolio with IL Apartments

3800 Airport Rd, Pierre, SD 57501

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Five‑property assisted living portfolio with 74 units and 83 beds
Assisted living component includes 66 units and 75 beds
Independent living component includes 8 units and 8 beds
Properties located in Sturgis, Lead, and Pierre, South Dakota
Memory care opportunity identified within the portfolio
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30-Unit Mobile Home Park
30-Unit Mobile Home Park

914 N Euclid Ave, Pierre, SD 57501

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Established mobile home park with convenient access and views toward Pierre’s civic district.

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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 Pierre, 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.

Two-Unit Duplex with Carport
Two-Unit Duplex with Carport

330 N Main St, Ipswich, SD 57451

$115,900
1,823 sqft 0.45 AC lot

Corner-lot property with two separate apartments, hardwood flooring, central air, and natural gas heat.

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Duplex with Covered Carport
Duplex with Covered Carport

330 Main Street, Ipswich, SD 57451

$115,900
0.45 AC lot

Two separate apartments provide a flexible residential income configuration with central air and natural gas heat.

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22-Unit Apartment Property
22-Unit Apartment Property

311 Deadwood Street, Fort Pierre, SD 57532

$750,000

Two buildings combine market-rate apartments with senior/HAP housing in Fort Pierre.

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22-Unit Apartment Portfolio
22-Unit Apartment Portfolio

213 & 311 N Deadwood St, Fort Pierre, SD 57532

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Two nearby apartment properties offer market-rate and senior/HAP housing configurations in Fort Pierre.

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Pierre, SD Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Pierre, SD, showcased through 3 active listings on our real estate platform.

Sale prices for multifamily properties in Pierre, SD average $1,500,000 — 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 2
Mobile home & RV parks 1

Demographics Overview

Population 17K
Population Growth (5Y) +3.4%
Median Household Income $79,224
College Educated 46.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57501 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.29%
Property Tax per SF $28.39 per SF
Average Loan-to-Value 65.0%

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