Vermillion, SD Multifamily properties for sale

Stabilized 24-Unit Multifamily Investment

$2,080,000

0.72 Acres

Stabilized 24-Unit Multifamily Investment

1000-1008 S Crawford Rd, Vermillion, SD 57069

100% occupied, nearly fully renovated two-building asset with a diversified unit mix and immediate income potential.

24‑unit multifamily property in Vermillion, South Dakota; 100% occupied
Two buildings on 0.72 acres with a unit mix of 22 two‑bedroom/one‑bath and 2 one‑bedroom/one‑bath units
Nearly fully renovated with limited capital needs
Offering price: $2,080,000; 7.00% cap rate
Current NOI of $145,553 and pro forma NOI of $162,370

Updated: May 22

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Vermillion Multifamily Property with Expansion Potential

$199,900

1,676 SF

Vermillion Multifamily Property with Expansion Potential

216-216 1/2 High, Vermillion, SD 57069

Multifamily property on two lots near schools and downtown.

Potential for immediate rental income: $1675/month (front house) + $525/month (back house).
Two houses on two lots, offering expansion possibilities.
Front house (216) is a spacious 4‑bedroom, 2‑bath, 2‑story home.
Back house (216 1/2) is a separate 1‑bedroom, 1‑bath cottage.
Newer windows in most of the front house.

Updated: Feb 10

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$169,900

1,924 SF

Vermillion Duplex Near Downtown

Two-unit duplex near downtown Vermillion, South Dakota.

216-218 W Cedar, Vermillion, SD 57069

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Vermillion Multifamily Investment Opportunity

$2,080,000

6,560 SF

Vermillion Multifamily Investment Opportunity

Stabilized 24-unit multifamily property in Vermillion, South Dakota.

1000 South Crawford Road, Vermillion, SD 57069

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Fully Leased Apartment and Townhome

Class A property with a mix of apartments and townhomes.

1317 Madison Street, Vermillion, SD 57069

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Student Housing Portfolio Opportunity

Student housing portfolio totaling 310 beds across 127 units.

1000 N Dakota St, Vermillion, SD 57069

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Student Housing Investment Opportunity

Student housing near the University of South Dakota.

1001 N Dakota St, Vermillion, SD 57069

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Vermillion, 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.

Sixteen-Unit Multifamily Property For Sale

$1,350,000

14,516 SF

Sixteen-Unit Multifamily Property For Sale

Fully leased multifamily property with recent renovations and garage stalls.

510 N. 5th Street, Beresford, SD 57004

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$4,200,000

Yankton Multifamily Investment Opportunity

Multifamily property with development potential in Yankton, South Dakota.

1313 W. 30th Street, Yankton, SD 57078

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$700,000

14,516 SF

Multifamily Investment Opportunity

Fully leased multifamily property with recent renovations and garage stalls.

510 N. 5th Street, Beresford, SD 57004

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$4,200,000

Yankton Multifamily Investment Opportunity

Multifamily property with development potential in Yankton, South Dakota.

1313 W. 30th Street, Yankton, SD 57078

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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.

$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

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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

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Improved Residential Lot Ready-to-Go

Affordable, improved corner lot in Davis City, Iowa.

SE Corner W High Street, Davis City, IA 50065

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$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

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Vermillion, SD Multifamily Properties Investment Opportunities Market Analysis

Explore 7 multifamily properties for sale in Vermillion, SD, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,160 square feet of properties for sale, with an estimated market value of $2,449,800.

Sale prices for multifamily properties in Vermillion, SD start at $169,900, averaging $816,600, and reaching up to $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57069	$856.6K

Neighborhood

Average Price

57069

$856.6K

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