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    Pierre, SD
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    Pierre, SD Multifamily Properties for Sale

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    Fort Pierre, SD
    Business for Sale, Mixed Use
    $1,200,000
    2,230 SF
    Business for Sale, Mixed Use

    106 E Dakota Ave, Pierre, SD 57501

    Mixed-use properties · 2,230 SF
    • Prime downtown location in Pierre, SD, steps from the State Capitol, government offices, retail, and restaurants.
    • Turnkey investment opportunity including a commercial building and operating business.
    • Additional income potential from a spacious 4‑bedroom, 2‑bathroom apartment above the commercial space.
    • Diversified income streams from commercial business and residential rental.
    • Flexible residential unit suitable for long‑term rental, short‑term rental (Airbnb/VRBO), owner‑occupancy, or employee housing.
    Updated: Feb 25
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pierre, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained 5-Plex Apartment Building
    $599,900
    5,744 SF
    Well-Maintained 5-Plex Apartment Building

    Single-level 5-plex built in 2005 with garages in Huron.

    2405-2416 Prairie Eagle Cir, Huron, SD 57350

    View details
    Apartment Building with 18 Units
    $425,000
    9,450 SF
    Apartment Building with 18 Units

    18-unit vintage apartment building offered for sale, featuring a full basement and individually metered electric for most units.

    114 N Main Street, Valentine, NE 69201

    View details
    Valentine Multifamily Investment Opportunity
    $1,790,000
    Valentine Multifamily Investment Opportunity

    Two well-maintained multifamily properties with 14 units in Valentine, NE.

    801 Dowden & 1104 E 8th, Valentine, NE 69201

    View details
    136 Acres Land Banking Opportunity
    $2,051,250
    136.00 Acres
    136 Acres Land Banking Opportunity

    136-acre parcel for affordable housing development in Huron, SD.

    Str 13-110-62, Huron, SD 57350

    View details

    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.

    Lake Thompson Waterfront Recreational Lot
    $193,800
    0.46 Acres
    Lake Thompson Waterfront Recreational Lot

    0.46 acre lot with 75 feet of lake frontage.

    21425 Sunset Trail, Lake Preston, SD 57249

    View details
    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

    View details
    Commercial Land with RV Park
    $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

    View details

    Pierre, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Pierre, SD on our real estate platform. These investment opportunities span a total of 2,230 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for multifamily properties in Pierre, SD start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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

    Apartment buildings 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    57501 $1.2M

    Taxes & Financing

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

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