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    Lake County, SD Residential Income Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Lead, SD Watertown, SD Tea, SD Huron, SD
    Multifamily Property in Madison, SD
    Updated: Nov 21, 2025
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,300,000
    New roof (2023‑2024) and renovated parking garage (Fall 2024)
    Institutional quality solid construction
    Diverse unit mix: one, two‑bedroom units, some with vaulted ceilings
    Large underground garage with 31 stalls
    Stable tenant mix (primarily 55+)
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    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 4 Potential Opportunities for your consideration. Besides 1 Active listings in Lake County, SD, we suggest exploring several alternatives: plus 3 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.

    Lakefront Recreational Land
    Lakefront Recreational Land

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Shoreline parcel with utilities, a boat lift, travel trailer, and patio for seasonal lake use.

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    Residential Lot in Humboldt, SD
    Residential Lot in Humboldt, SD

    TBD Ave, Humboldt, SD 57497

    $40,000
    0.25 AC lot

    Residential lot in a tranquil small town near Sioux Falls.

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    Residential Lot Near Lake Vermilion
    Residential Lot Near Lake Vermilion

    TBD Reed Ct, Canistota, SD 57012

    $80,000
    0.75 AC lot

    Residential lot near Lake Vermilion in Canistota, South Dakota.

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    Lake County, SD Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Lake County, SD average $2,300,000 — 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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