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    Wakonda, SD
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    Wakonda, SD Multifamily Properties for Sale

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    Volin, SD Irene, SD Centerville, SD Vermillion, SD Mission Hill, SD Gayville, SD Yankton, SD Beresford, SD
    8-Unit Multifamily Building
    Updated: Jul 9
    8-Unit Multifamily Building

    611 1st St, Wakonda, SD 57073

    $465,000
    8‑unit multifamily building built in 1975 in Wakonda, SD
    Unit mix includes seven 2‑bedroom units and one 1‑bedroom unit
    Off‑street parking for residents
    On‑site coin‑operated laundry
    New pitched roof completed in spring 2026
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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 Wakonda, 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 Separate Cottage
    Duplex With Separate Cottage

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

    $199,900
    1,676 sqft 0.35 AC lot

    Two residential structures offer a larger primary home, a detached cottage, and substantial on-site parking.

    View details
    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.

    View details
    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.

    View details
    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    1001 N Dakota St, Vermillion, SD 57069

    Contact for pricing

    Student housing near the University of South Dakota.

    View details

    Wakonda, SD Multifamily Properties Market Trends and Statistics

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

    Sale prices for multifamily properties in Wakonda, SD average $465,000 — 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 516
    Population Growth (5Y) -30.8%
    Median Household Income $70,893
    College Educated 45.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57073 $465K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $39.08 per SF
    Tax Rate vs County Average 0.36 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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