Residential Income

Elk Point, SD Residential Income Properties for Sale

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Five-Unit Apartment Building
Updated: Mar 12
Five-Unit Apartment Building

304 S Douglas, Elk Point, SD 57025

$475,000
7,536 sqft 0.18 AC lot
Five apartments: three 3‑bedroom units and two 2‑bedroom units
7,536 square feet on a 0.183‑acre lot
Exterior includes vinyl siding, a new roof, and new windows
Dedicated off‑street parking for each apartment
Baseboard and forced‑air heating; window‑unit cooling
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1 active listing matches your search: Residential Income for sale in Elk Point, SD. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Unit Residential Property
Three-Unit Residential Property

2605 Home St, Sioux City, IA 51109

$169,000
1,140 sqft 0.24 AC lot

A four-bedroom residence and two efficiency apartments are served by separate utilities.

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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

A fully occupied residential income property with forced-air heating and alley-access parking.

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Fully Leased Apartment Property
Fully Leased Apartment Property

1317 Madison Street, Vermillion, SD 57069

Contact for pricing

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

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Student Housing Portfolio Opportunity
Student Housing Portfolio Opportunity

1000 N Dakota St, Vermillion, SD 57069

Contact for pricing

Student housing portfolio totaling 310 beds across 127 units.

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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.

Residential Lot Ready for Custom Home
Residential Lot Ready for Custom Home

1207 Jack Nicklaus Dr, Elk Point, SD 57025

$55,000
0.37 AC lot

Build your custom home on a residential lot with city utilities and protective covenants in Elk Point.

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Residential Building Lot in R-1
Residential Building Lot in R-1

1105 Country Club Drive, Elk Point, SD 57025

$30,000
0.21 AC lot

Corner lot in Elk Point with city sewer, water, electricity, and garbage service plus natural gas available.

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Residential Lot in Elk Point
Residential Lot in Elk Point

1206 Jack Nicklaus Dr, Elk Point, SD 57025

$35,000
0.24 AC lot

Shovel-ready lot for custom home in Elk Point, SD.

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Shovel-Ready Residential Building Lot
Shovel-Ready Residential Building Lot

1108 Country Club Drive, Elk Point, SD 57025

Contact for pricing
0.34 AC lot

Build-ready lot with 75 feet of frontage, City utilities available, and protective covenants in place.

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Elk Point, SD Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Elk Point, SD on our real estate platform. These investment opportunities span a total of 7,536 square feet of properties for sale, with an estimated market value of $475,000.

Sale prices for residential investment properties in Elk Point, SD average $475,000 — 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
Multifamily properties 1

Demographics Overview

Population 3,165
Population Growth (5Y) +6.0%
Median Household Income $88,466
College Educated 41.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57025 $495K

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $21.39 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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