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    Sioux Falls, SD Multifamily Properties for Sale

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    Tea, SD Harrisburg, SD Renner, SD
    25 results
    Well-Maintained 4-Plex Property
    $600,000
    4,260 SF
    Well-Maintained 4-Plex Property

    3005 S Cliff Ave, Sioux Falls, SD 57105

    Well-kept four-unit property with central air, boiler heat, wood-burning fireplaces, and eight garages.
    • Well‑maintained 4‑plex in southeastern Sioux Falls with large units
    • Central air plus hot water boiler heat
    • Wood‑burning fireplaces and in‑unit appliances including range, refrigerator, washer, and dryer
    • Includes composition roof, HardiPlank construction, and carpet/vinyl flooring
    • 8 total garages and the property is fully leased
    Updated: Mar 24
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    Sioux Falls Four-Plex Investment
    $650,000
    5,200 SF
    Sioux Falls Four-Plex Investment

    2800 E Madison St, Sioux Falls, SD 57103

    Immaculately maintained four-plex in a highly desirable Sioux Falls area.
    • Four‑plex built in 2015 with four townhome‑style units totaling over 5,000 SF
    • Each unit offers 2 bedrooms and 1.5 bathrooms
    • In‑unit laundry in every unit with washer and dryer hookups/appliances included
    • Central HVAC plus electric cooling and forced‑air natural gas heat
    • Kitchens include dishwasher, refrigerator, disposal, microwave, and electric range/oven
    Updated: Dec 29, 2025
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    Sioux Falls 6-Plex Investment
    $675,000
    5,832 SF
    Sioux Falls 6-Plex Investment

    Well-maintained 6-plex in central Sioux Falls with income potential.

    1011 S 2nd Ave, Sioux Falls, SD 57105

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    Furnished Triplex in Sioux Falls
    $450,000
    2,420 SF
    Furnished Triplex in Sioux Falls

    Triplex with flexible rental potential near amenities in Sioux Falls.

    2504 S Summit Ave, Sioux Falls, SD 57105

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    Sioux Falls Triplex Investment Opportunity
    $275,000
    2,948 SF
    Sioux Falls Triplex Investment Opportunity

    Triplex near downtown Sioux Falls with income potential.

    624 W 11th St, Sioux Falls, SD 57104

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    Sioux Falls Duplex Investment Opportunity
    $225,000
    1,813 SF
    Sioux Falls Duplex Investment Opportunity

    High-performing duplex near downtown Sioux Falls with immediate income potential.

    310 & 308 S Walts Ave, Sioux Falls, SD 57104

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    High-Performing Sioux Falls 5-Plex
    $325,000
    2,204 SF
    High-Performing Sioux Falls 5-Plex

    Turnkey 5-unit property with strong rental upside and modern finishes.

    1118 W 8th St, Sioux Falls, SD 57104

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    Sioux Falls Fourplex For Sale
    $399,900
    2,729 SF
    Sioux Falls Fourplex For Sale

    2,792 SF fourplex with renovated units and new roof.

    201 N French Ave, Sioux Falls, SD 57103

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    Sioux Falls Multifamily Investment Property
    $370,000
    2,431 SF
    Sioux Falls Multifamily Investment Property

    Multifamily property with updated features and large backyard.

    5100 W 47 St, Sioux Falls, SD 57106

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    Sioux Falls Duplex Investment Opportunity
    $309,900
    2,478 SF
    Sioux Falls Duplex Investment Opportunity

    Well-maintained duplex near downtown Sioux Falls, ideal for investors.

    1012 W 8th St St E, Sioux Falls, SD 57104

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    Luxury Four-Unit Property in Sioux Falls
    $1,299,000
    9,878 SF
    Luxury Four-Unit Property in Sioux Falls

    Upscale four-unit property in a desirable Sioux Falls location.

    5000 E 54th St, Sioux Falls, SD 57110

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    Furnished Duplex Investment Opportunity
    $314,900
    2,000 SF
    Furnished Duplex Investment Opportunity

    Well-maintained duplex with two furnished units and utilities included, supported by a new roof from 2022.

    202 N French Ave, Sioux Falls, SD 57103

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    Sioux Falls Ranch Duplex
    $369,900
    2,280 SF
    Sioux Falls Ranch Duplex

    Income-producing duplex in Hilltop Area, Sioux Falls.

    3609 & 3611 E 18th St, Sioux Falls, SD 57103

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    Sioux Falls Duplex with Potential
    $199,000
    1,728 SF
    Sioux Falls Duplex with Potential

    Duplex with rental income potential, needs work, great opportunity.

    228 N Fairfax Ave, Sioux Falls, SD 57103

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    Mixed-Use Property With Retail
    $875,000
    12,554 SF
    Mixed-Use Property With Retail

    Mixed-use property featuring apartments and retail spaces for sale.

    2412 E 10th St, Sioux Falls, SD

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    Sioux Falls Historic Apartments
    $2,600,000
    19,432 SF
    Sioux Falls Historic Apartments

    Historically significant 18-unit apartment building in Sioux Falls.

    703 S. Summit Avenue, Sioux Falls, SD 57104

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    Historic Art-Deco Apartment Building
    $2,600,000
    Historic Art-Deco Apartment Building

    30-unit apartment building with striking Art-Deco architecture.

    703 S. Summit Avenue, Sioux Falls, SD 57104

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    Sioux Falls Multifamily Investment Opportunity
    $6,250,000
    70,272 SF
    Sioux Falls Multifamily Investment Opportunity

    Two 42-unit buildings with remodeled units and high occupancy.

    3400-3404 East 11th Street, Sioux Falls, SD 57103

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    Sioux Falls Multifamily Investment Opportunity
    $910,000
    9,602 SF
    Sioux Falls Multifamily Investment Opportunity

    Project-based Section 8 apartments near downtown Sioux Falls.

    809 South Sherman Avenue, Sioux Falls, SD 57104

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    41 Acres Mixed-Use Development Site
    $9,412,880
    1,792,893 SF
    41 Acres Mixed-Use Development Site

    41.16-acre mixed-use development site in Sioux Falls, South Dakota.

    5801 N. Kiwanis Avenue, Sioux Falls, SD 57107

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    RV Park and Apartments
    $8,503,638
    15.02 Acres
    RV Park and Apartments

    RV park with apartments, high visibility, and commercial zoning.

    4501 W 12th St, Sioux Falls, SD

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    Modern Multifamily Community in Sioux Falls
    $28,200,000
    215,169 SF
    Modern Multifamily Community in Sioux Falls

    179-unit apartment complex in Sioux Falls, South Dakota.

    950 N Cliff Ave, Sioux Falls, SD 57103

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    Large Multifamily Community in Sioux Falls
    $31,000,000
    240,986 SF
    Large Multifamily Community in Sioux Falls

    248-unit apartment complex in established residential area.

    4213 E 12th St, Sioux Falls, SD 57103

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    Sioux Falls Multifamily Investment Property
    $3,500,000
    60,798 SF
    Sioux Falls Multifamily Investment Property

    30-unit apartment complex in Sioux Falls, 100% occupied.

    3113 W 12th St, Sioux Falls, SD 57104

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    Sioux Falls, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 66 multifamily properties for sale in Sioux Falls, SD, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 2,574,327 square feet of properties for sale, with an estimated market value of $103,069,980.

    Sale prices for multifamily properties in Sioux Falls, SD start at $199,000, averaging $4,684,999, and reaching up to $31,000,000 — 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 13
    Duplexes 6
    Quadplexes 4
    Short term rental properties 2
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Sioux Falls fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 204K
    Population Growth (5Y) +15.2%
    Median Household Income $77,935
    College Educated 16.5%

    High-Yield Neighborhoods for Investment

    Identify Sioux Falls submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57106 $370K
    57105 $583.2K
    57110 $1.3M
    57104 $1.3M
    57103 $9.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Property Tax per SF $30.71 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Sioux Falls, SD

    • 57103
    • 57104
    • 57105
    • 57106
    • 57107
    • 57110

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