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    Elk Point, SD Residential Income Properties for Sale

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    Westfield, IA Akron, SD Burbank, SD
    Updated Five-Unit Apartment Complex
    $475,000
    7,536 SF
    Updated Five-Unit Apartment Complex

    304 S Douglas, Elk Point, SD 57025

    Five updated units with designated off-street parking and modern interior finishes, near Elk Point School and downtown.
    • Updated apartment complex built in 1972 with five total units (three 3‑bedroom and two 2‑bedroom units)
    • Exterior improvements include vinyl siding, new roof, and new windows
    • Each unit includes designated off‑street parking
    • Heating includes forced air and baseboard; cooling is provided by window unit(s)
    • Located about a block from Elk Point–Jefferson School and downtown Elk Point
    Updated: Mar 12
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    Quadplex with Restaurant
    $515,000
    0.00 Acres
    Quadplex with Restaurant

    103 E Main, Elk Point, SD 57025

    Well-maintained quadplex with an on-site restaurant and liquor license, supported by four rental units.
    • Well‑maintained building with 4 rental units plus a main floor restaurant and basement rental space
    • Main floor restaurant rents for $1,500 per month
    • Basement rents for $475 per month; included items: stoves and refrigerators, plus tables and chairs in basement
    • Additional unit rents for $1,000 per month and $800 per month
    • Includes a liquor license
    Updated: Jun 18
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elk Point, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Stabilized 24-Unit Apartment Property
    $2,080,000
    0.72 Acres
    Stabilized 24-Unit Apartment Property

    Two-building, nearly renovated multifamily asset in Vermillion with all units currently occupied.

    1000-1008 S Crawford Rd, Vermillion, SD 57069

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    Triplex With Updated Roof
    $175,000
    1,140 SF
    Triplex With Updated Roof

    Triplex with two efficiency units, a vacant middle unit, garage, and a roof completed in 2024.

    2605 Home St., Sioux City, IA 51109

    View details
    Riverside Triplex with Recent Roof
    $175,000
    1,140 SF
    Riverside Triplex with Recent Roof

    Triplex in Sioux City with two efficiency apartments.

    2605 Home St., Sioux City, IA 51109

    View details
    Vermillion Multifamily Investment Opportunity
    $2,080,000
    6,560 SF
    Vermillion Multifamily Investment Opportunity

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

    1000 South Crawford Road, Vermillion, SD 57069

    View details

    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
    $55,000
    0.37 Acres
    Residential Lot Ready for Custom Home

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

    1207 Jack Nicklaus Dr, Elk Point, SD 57025

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    Residential Building Lot in R-1
    $30,000
    0.21 Acres
    Residential Building Lot in R-1

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

    1105 Country Club Drive, Elk Point, SD 57025

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    Residential Lot in Elk Point
    $35,000
    0.24 Acres
    Residential Lot in Elk Point

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

    1206 Jack Nicklaus Dr, Elk Point, SD 57025

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    Shovel-Ready Residential Lot
    $30,000
    0.21 Acres
    Shovel-Ready Residential Lot

    Shovel-ready lot with utility availability and frontage, offering potential for a walk-out basement build.

    1109 Country Club Drive, Elk Point, SD 57025

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    Elk Point, SD Residential Income Properties Market Trends and Statistics

    Explore 2 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 income properties in Elk Point, SD start at $475,000, averaging $475,000, and reaching up to $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

    Multifamily properties 2
    Apartment buildings 1
    Quadplexes 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 $475K

    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%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

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