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    South Dakota Residential Income Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Huron, SD Lead, SD Watertown, SD Spearfish, SD Tea, SD
    137 properties
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    Turnkey 8-Plex Apartment Building
    Turnkey 8-Plex Apartment Building

    3505 S Hawthorne Ave, Sioux Falls, SD 57105

    Contact for pricing
    3,552 sqft

    Fully leased 8-plex with coin-operated laundry, detached garages, through-the-wall A/C, boiler heat, and ample on-site parking.

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    Duplex with Privacy-Fenced Backyards
    Duplex with Privacy-Fenced Backyards

    905/907 Clark Lane, Rapid City, SD 57702

    $550,000
    2,680 sqft

    Move-in ready duplex with two renovated units, each featuring 1,340 SF and private outdoor space.

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    Retail Space
    Retail Space

    209 Terraville Avenue, Lead, SD 57754

    Contact for pricing
    3,456 sqft

    Located in Lead with Residential zoning.

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    Triplex with Detached ADU
    Triplex with Detached ADU

    510 E Chicago, Rapid City, SD 57701

    $324,900

    Non-conforming tri-plex includes a main residence, finished basement suite, and detached one-bedroom efficiency cottage with electrical upgrades.

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    Triplex with Electric Wall Furnace
    Triplex with Electric Wall Furnace

    1958 Junction Avenue, Sturgis, SD 57785

    $249,500

    Triplex property with three long-term rental homes needing significant updates and repairs.

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    Rented Duplex Investment Property
    Rented Duplex Investment Property

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Duplex in Rapid City offered for sale, fully rented with zero vacancy reported for over three years.

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    Fully Leased 4-Plex with Garages
    Fully Leased 4-Plex with Garages

    300 W. 22nd Street, Sioux Falls, SD 57105

    $380,000

    Four fully leased 2-bedroom units each include 1 bath, with coin-operated laundry and four garage stalls.

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    Rented Duplex Investment Property
    Rented Duplex Investment Property

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Fully rented duplex investment property with zero vacancy reported for over three years.

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    Historic Art-Deco Apartment Building
    Historic Art-Deco Apartment Building

    703 S. Summit Avenue, Sioux Falls, SD 57104

    $2,400,000

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

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    Fully Rented Duplex
    Fully Rented Duplex

    3417 W RAPID, Rapid City, SD 57702

    $285,000

    Two-unit residential property with current occupancy and an established operating history.

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    Triplex With Updated Interiors
    Triplex With Updated Interiors

    Sioux Falls, SD 57104

    $250,000

    Three-unit residential income property with refreshed kitchens, bathrooms, flooring, and building systems.

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    Apartment Building in Scotland, SD
    Apartment Building in Scotland, SD

    821 Main Street |, Scotland, SD 57059

    $750,000

    Apartment building with renovated units and common areas for sale.

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    Cash-Flowing Apartment 8-Plex
    Cash-Flowing Apartment 8-Plex

    201 Wicker St, Gayville, SD 57031

    $599,000

    Apartment building with seven 2-bedroom units and one 1-bedroom unit, with the 1-bedroom currently vacant.

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    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.

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    Single-Family Rental Portfolio
    Single-Family Rental Portfolio

    270 Landmark Court, Box Elder, SD 57719

    $4,150,000

    19 modern rental homes with detached single-car garages and tenant-paid utilities provide a ready-made residential income portfolio.

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    North Sioux City Apartments
    North Sioux City Apartments

    1300-1302 Quiniela Dr, North Sioux City, SD, North Sioux City, SD 57049

    Contact for pricing
    93,560 sqft

    130-unit multifamily community built in 2014 and 2015.

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    Redevelopment Land Parcel
    Redevelopment Land Parcel

    713 E Havens Ave, Mitchell, SD 57301

    Contact for pricing
    8.13 AC lot

    This redevelopment land parcel totals 8.13 acres and is currently operated as a profitable trailer park with 16 sites, 14 occupied.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    706 S 9th Street, Aberdeen, SD 57401

    $195,000
    0.14 AC lot

    Two furnaces were installed in December 2023, and a backyard shed provides additional storage.

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    22-Unit Apartment Property
    22-Unit Apartment Property

    TBD 1954-1984 Russell Street, Spearfish, SD 57783

    $5,685,000
    3.25 AC lot

    Modern furnished apartments offer open layouts, private outdoor space, and dedicated off-street parking.

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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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    Two-Residence Duplex Property
    Two-Residence Duplex Property

    421 Spruce St, Rapid City, SD 57701

    $150,000

    Separate residences occupy one lot and require repair and renovation work.

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    Multifamily Property in Madison, SD
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,500,000

    Former high school converted to multifamily with underground parking.

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    Two Mobile Home Communities
    Two Mobile Home Communities

    210 DOWS ST, Garretson, SD 57030

    Contact for pricing
    1,350 sqft

    Two mobile home communities totaling 64 units are served by public utilities, with 85.9% occupancy and mostly tenant-owned homes.

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    Two Buildings with 24 Units
    Two Buildings with 24 Units

    804-810 Ruud Ln, Hartford, SD 57033

    $3,200,000

    Two twelve-plex apartment buildings with 24 garages in Hartford.

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