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    Clay County, SD Residential Income Properties for Sale

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    Sioux Falls, SD Aberdeen, SD Rapid City, SD
    8 results
    Vermillion Multifamily Investment Opportunity
    $2,080,000
    0.72 Acres

    Vermillion Multifamily Investment Opportunity

    1000-1008 S Crawford Rd, Vermillion, SD 57069

    Stabilized 24-unit apartment complex near the University of South Dakota.

    • 100% Occupied: Provides immediate income stream.
    • Value‑Add Opportunity: Rents are currently below market, offering potential for increased revenue.
    • Stabilized Asset: Nearly fully renovated with limited capital needs.
    • Strong Market Demand: Supported by the University of South Dakota and the surrounding region.
    • Attractive Cap Rate: Current 7.00% cap rate with a pro forma NOI of $162,370.
    Updated: May 22
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    Vermillion Five-Unit Income Property
    $375,000
    4,784 SF

    Vermillion Five-Unit Income Property

    125 Prospect, Vermillion, SD 57069

    Five-unit income property near Downtown Vermillion and USD campus.

    • Five‑unit income property.
    • Prime location: one block from Downtown Vermillion shops and dining.
    • Walking distance to the University of South Dakota (USD) campus.
    • Brand‑new appliances.
    • Updated bathrooms.
    Updated: Mar 11
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    Vermillion Multifamily Property with Expansion Potential
    $199,900
    1,676 SF

    Vermillion Multifamily Property with Expansion Potential

    Multifamily property on two lots with room to expand.

    216-216 1/2 High, Vermillion, SD 57069
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    Updated Duplex Near University
    $235,000
    1,911 SF

    Updated Duplex Near University

    High-demand duplex near the University of South Dakota.

    105/107 Dartmouth, Vermillion, SD 57069
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    Vermillion Duplex Near Downtown
    $169,900
    1,924 SF

    Vermillion Duplex Near Downtown

    Up and down duplex close to downtown, schools, and park.

    216-218 W Cedar, Vermillion, SD 57069
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    Fully Leased Apartment and Townhome
    Contact for pricing

    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
    Contact for pricing

    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
    Contact for pricing

    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 12 Potential Opportunities for your consideration. Besides 8 Active listings in Clay County, SD, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Vermillion Land: Build Your Dream
    $320,000
    8.00 Acres

    Vermillion Land: Build Your Dream

    Scenic land near Clay County Park, customizable acreage available.

    460th Ave. and Daniel Place, Vermillion, SD 57069
    View details
    Missouri Riverfront Land Opportunity
    $315,000
    3.35 Acres

    Missouri Riverfront Land Opportunity

    Land with river frontage ready for building your dream home.

    46055 Daniel Place, Vermillion, SD 57069
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    Missouri Riverfront Land Opportunity
    $279,000
    2.37 Acres

    Missouri Riverfront Land Opportunity

    2.37-acre lot with 200 ft of river frontage.

    46047 Daniel Place, Vermillion, SD 57069
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    Missouri Riverfront Land Opportunity
    $272,000
    2.20 Acres

    Missouri Riverfront Land Opportunity

    2.2-acre lot on the Missouri River near Vermillion, SD.

    46043 Daniel Place, Vermillion, SD 57069
    View details

    Clay County, SD Residential Income Properties Investment Opportunities Market Analysis

    Explore 8 residential income properties for sale in Clay County, SD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 10,295 square feet of properties for sale, with an estimated market value of $979,800.

    Sale prices for residential income properties in Clay County, SD start at $169,900, averaging $244,950, and reaching up to $375,000 — 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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