Multifamily

Scotland, SD Multifamily Properties for Sale

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Menno, SD Olivet, SD Lesterville, SD Tripp, SD Tyndall, SD Tabor, SD Utica, SD Irene, SD
Apartment Building in Scotland, SD
Updated: Feb 26
Apartment Building in Scotland, SD

821 Main Street, Scotland, SD 57059

$750,000
Renovated Units and Common Areas: 50% of units and common areas have been renovated, offering modern appeal.
Package Deal Opportunity: Can be purchased with Fox Run Apartments.
Tenant‑Paid Electric: Tenants cover electric costs.
Unit Mix: Features a mix of 2‑bedroom and 1‑bedroom units.
Common Area Laundry: Includes a common area washer and dryer.
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Scotland, 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.

Quadplex With Storage Units
Quadplex With Storage Units

412-418 2nd Ave, Canistota, SD 57012

$375,000

Fully occupied residential and storage property in Canistota, South Dakota.

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4-Unit Mixed-Use Property
4-Unit Mixed-Use Property

418 2nd Avenue, Canistota, SD 57012

Contact for pricing
0.12 AC lot

The property combines fully occupied apartments with a separate group of storage units.

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Yankton Multifamily Investment Opportunity
Yankton Multifamily Investment Opportunity

1313 W. 30th Street, Yankton, SD 57078

$4,200,000

Multifamily property with development potential in Yankton, South Dakota.

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Duplex with Two One-Bed Units
Duplex with Two One-Bed Units

613 Locust Street, Yankton, SD 57078

$179,900

Two 1 bed/1 bath units with original hardwood floors and woodwork, plus a covered porch and detached 2-car garage.

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Scotland, SD Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Scotland, SD on our real estate platform.

Sale prices for multifamily properties in Scotland, SD average $750,000 — 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 1

Demographics Overview

Population 1,291
Population Growth (5Y) +3.9%
Median Household Income $61,406
College Educated 39.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57059 $750K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

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