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    Vermillion, SD
    Multifamily

    Vermillion, SD Multifamily Properties for Sale

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    Volin, SD Gayville, SD Wakonda, SD Mission Hill, SD Burbank, SD Centerville, SD Yankton, SD Beresford, SD
    9 properties
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    Duplex With Separate Cottage
    Updated: Feb 10
    Duplex With Separate Cottage

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

    $199,900
    1,676 sqft 0.35 AC lot
    Two residential structures on 0.3457 acres
    Primary home offers 4 bedrooms, 2 bathrooms, two stories, and an unfinished basement
    Separate 1‑bedroom, 1‑bath cottage
    1,676 square feet; built in 1887
    Two lots with substantial on‑site parking
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    Two-Unit Duplex with In-Unit Laundry
    Updated: Feb 10
    Two-Unit Duplex with In-Unit Laundry

    216-218 W Cedar, Vermillion, SD 57069

    $169,900
    1,924 sqft 0.15 AC lot
    1,924 SF duplex on a 0.1515‑acre lot
    Both units feature 2 bedrooms and 1 bathroom
    Each unit has its own washer and dryer
    Upper unit includes front and rear entry areas plus a large kitchen
    Lower unit has a separate furnace and A/C
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    Vermillion Multifamily Investment Opportunity
    Vermillion Multifamily Investment Opportunity

    1000 South Crawford Road, Vermillion, SD 57069

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    6,560 sqft 0.72 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Student Housing Portfolio Opportunity
    Student Housing Portfolio Opportunity

    1000 N Dakota St, Vermillion, SD 57069

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    Student housing portfolio totaling 310 beds across 127 units.

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    Fully Leased Apartment Property
    Fully Leased Apartment Property

    1317 Madison Street, Vermillion, SD 57069

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    Multifamily property combining apartment and townhome residences with laundry equipment inside each unit.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    1001 N Dakota St, Vermillion, SD 57069

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    Student housing near the University of South Dakota.

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    3-Unit Triplex
    3-Unit Triplex

    106 South University Street, Vermillion, SD 57069

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    Three-unit residential income property with owner-paid utility services.

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    Triplex with Basement Storage
    Triplex with Basement Storage

    101 Prospect St, Vermillion, SD 57069

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    Three residential units provide varied bedroom layouts and off-street parking near downtown and the USD campus.

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    Westgate Mobile Home Park
    Westgate Mobile Home Park

    702 Allison St, Vermillion, SD 57069

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    Manufactured housing community with multiple residential sites and a mix of inventory and tenant-owned homes.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Vermillion, 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.

    Duplex with Off-Street Parking
    Duplex with Off-Street Parking

    1818 W PALMER AVE, Sioux City, IA 51103

    $140,000
    1,456 sqft 0.14 AC lot

    Fully occupied two-unit property with forced-air heating and alley-accessed parking.

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    Six-Bedroom Duplex
    Six-Bedroom Duplex

    1701-03 W 3rd, Sioux City, IA 51103

    $139,500
    2,048 sqft 0.08 AC lot

    Two residential units offer a compact income-property configuration with established occupancy.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    105 Linn St, Yankton, SD 57078

    $279,000

    Flexible two-home layout lets you live in one residence or rent separate units with updated interior features and central AC.

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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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    Vermillion, SD Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Vermillion, SD, showcased through 9 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 $369,800.

    Sale prices for multifamily properties in Vermillion, SD start at $169,900, averaging $184,900, and reaching up to $199,900 — 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

    Apartment buildings 5
    Duplexes 2
    Triplexes 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +8.1%
    Median Household Income $54,720
    College Educated 74.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57069 $184.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $33.49 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

    Total CRE Inventory on Market (SF)

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