Advertise
    Florence, SD
    Residential Income

    Florence, SD Residential Income Properties for Sale

    Notify Me
    List
    Map
    Watertown, SD Bradley, SD Webster, SD Waubay, SD Clark, SD Summit, SD
    5-Unit Apartment Building
    Updated: Jun 16, 2024
    5-Unit Apartment Building

    400 1st St, Florence, SD 57235

    $215,000
    5‑unit apartment property at 400 1st St, Florence, SD 57235
    100% occupancy rate
    10% cap rate
    New roof and replacement decks
    Fresh exterior and interior paint
    View details
    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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Florence, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Corner-Lot Duplex with Attached Garage
    Corner-Lot Duplex with Attached Garage

    1625 Northridge Dr, Watertown, SD 57201

    $356,000
    1,580 sqft 0.08 AC lot

    Twin-home property in Village of Northridge with a deck, greenspace views, and nearby clubhouse access.

    View details
    Over-Under Duplex with Separate Entrances
    Over-Under Duplex with Separate Entrances

    617 W 3rd Street, Madison, MN 56256

    $79,500
    713 sqft 0.05 AC lot

    Two apartments provide distinct living areas, kitchens, bathrooms, and laundry rooms within a frame residence.

    View details
    Over-Under Duplex
    Over-Under Duplex

    617 W 3rd St, Madison, MN 56256

    $79,500
    713 sqft

    Two-level duplex with separate entrances, individual laundry rooms, and a two-bedroom upper apartment.

    View details
    22-Unit Mixed-Use Property
    22-Unit Mixed-Use Property

    114 -122 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    45,039 sqft

    Downtown building combining commercial storefronts with residential apartments and an unfinished basement.

    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.

    Lakefront Recreational Land Parcel
    Lakefront Recreational Land Parcel

    423rd Ave lot: 4, Clark, SD 57225

    $133,950
    1.23 AC lot

    Buildable lakefront lot with about 180 feet of shoreline on Reid Lake and year-round gravel-road access.

    View details
    Lakefront Land with 200 Feet Shoreline
    Lakefront Land with 200 Feet Shoreline

    423rd Ave lot: 6, Clark, SD 57225

    $120,880
    1.11 AC lot

    Buildable lakefront parcel on Reid Lake with nearby utilities and maintained gravel road access.

    View details

    Florence, SD Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Florence, SD on our real estate platform.

    Sale prices for residential income properties in Florence, SD average $215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 796
    Population Growth (5Y) -11.3%
    Median Household Income $80,938
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57235 $215K

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Florence, SD

    Popular Categories

    Most Searched ZIP Codes in Florence, SD

    • 57235

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!