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    Sturgis, SD
    Multifamily

    Sturgis, SD Multifamily Properties for Sale

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    Whitewood, SD Deadwood, SD Spearfish, SD Piedmont, SD Lead, SD Nemo, SD Belle Fourche, SD Newell, SD
    Triplex Income Property Fixer-Upper
    Updated: Jun 15
    Triplex Income Property Fixer-Upper

    1958 Junction Avenue, Sturgis, SD 57785

    $249,500
    Three single‑family homes generating rental income from long‑term tenants
    Property needs significant updates and repairs
    Zoned single family residential/commercial—allows continuation of the existing rental operation
    Frame construction with composition roof
    Heating includes wall furnace and electric heating
    View details
    Four-Plex Residential Income Property
    Updated: Mar 14, 2025
    Four-Plex Residential Income Property

    2100 E Ida St, Sturgis, SD 57785

    $559,900
    4,572 sqft
    1995‑built 4‑plex with little to no vacancy reported in the remarks
    Dishwasher in each unit, plus washer/dryer hookup and a designated storage room per unit
    Natural gas hot water boiler; owner provides heat and pays water/sewer/trash
    Upstairs units have a deck; lower units walk out to a concrete patio
    Each unit includes a large walk‑in closet in the primary bedroom and a bathroom with sink separated from stool/shower
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Sturgis, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Downtown 5-Plex Residential Income
    Downtown 5-Plex Residential Income

    314 5th Street, Spearfish, SD 57783

    $659,000
    4,305 sqft

    Five-unit apartment building with updated interiors, detached garage access, and an on-site common laundry area.

    View details
    Well-Kept Duplex With Covered Deck
    Well-Kept Duplex With Covered Deck

    118 Spark Street, Lead, SD 57754

    $300,000
    2,088 sqft

    This duplex in Lead features in-unit laundry for both units and a covered deck and patio area.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    324 White Street, Lead, SD 57754

    $400,000
    2,690 sqft

    Two-level main residence plus a separate ADU apartment, each with dedicated laundry, on a secured shared property.

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    Spearfish Multifamily Development Opportunity
    Spearfish Multifamily Development Opportunity

    S 27th Street lot: 12 & 13, Spearfish, SD 57783

    $359,000
    0.57 AC lot

    Half-acre corner lot zoned R3, ideal for multifamily development.

    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.

    Commercial Land with RV Park
    Commercial Land with RV Park

    1003 W Bell St, Glendive, MT 59330

    $435,000
    3.88 AC lot

    Mobile home and RV park with expansion potential in Glendive.

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    Residential Subdivision Land Opportunity
    Residential Subdivision Land Opportunity

    1 Rainbow Estates, Glendive, MT 59330

    $50,000

    49-lot subdivision suitable for various residential development projects.

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    Residential Land in Carpenter, WY
    Residential Land in Carpenter, WY

    Road 201, Carpenter, WY 82054

    $82,000
    6.00 AC lot

    Corner lot with no covenants, manufactured housing allowed.

    View details
    Bellvue Land with Mobile Home
    Bellvue Land with Mobile Home

    277 Riverside Dr, Bellvue, CO 80512

    $200,000
    0.21 AC lot

    Land with mobile home near Poudre River and Chambers Lake.

    View details

    Off-Market Properties in Sturgis, SD

    Consider similar Off-Market properties in Sturgis, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2210 Quartzite Dr
    Multifamily properties

    2210 Quartzite Dr, Sturgis, SD 57785

    Value Estimation by Request
    1,395 sqft
    View details

    Sturgis, SD Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Sturgis, SD on our real estate platform. These investment opportunities span a total of 4,572 square feet of properties for sale, with an estimated market value of $559,900.

    Sale prices for multifamily properties in Sturgis, SD start at $559,900, averaging $559,900, and reaching up to $559,900 — 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

    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +18.2%
    Median Household Income $59,311
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.57%
    Property Tax per SF $85.98 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Meade County

    New Delisted

    Total CRE Inventory on Market (SF)

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