Residential Income

Lennox, SD Residential Income Properties for Sale

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Hurley, SD Worthing, SD Tea, SD Harrisburg, SD Sioux Falls, SD Parker, SD Hartford, SD Viborg, SD
5-Unit Apartment Building with Garage
Updated: Jun 1
5-Unit Apartment Building with Garage

511 -517 Main St S, Lennox, SD 57039

$299,900
4,372 sqft 0.16 AC lot
Five‑unit layout with four 2‑bedroom/1‑bath units and one 1‑bedroom loft
4,372 square feet on 0.163 acres
Coin‑operated laundry on site
Separate electrical service for each unit
4‑stall garage currently open for use
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5-Unit Apartment Building
Updated: May 11
5-Unit Apartment Building

511 517 Main St Ss, Lennox, SD 57039

$299,900
4,372 sqft
Five units: four 2‑bedroom/1‑bathroom apartments plus one 1‑bedroom loft
4‑stall garage currently left open
Separate electrical service for each unit
Coin‑operated laundry on site
Newer boiler for building heat
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Three-Unit Multifamily Property
Three-Unit Multifamily Property

404 W 1st Ave, Lennox, SD 57039

$250,000
2,428 sqft

Triplex with varied unit sizes, private entrances, and in-unit laundry across a corner-lot setting.

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See hot listings in Lennox

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lennox, 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.

Triplex with Four-Stall Garage
Triplex with Four-Stall Garage

4813 S Baha Ave, Sioux Falls, SD 57106

$530,000
4,166 sqft

Three separate residences offer varied bedroom layouts, private entrances, decks and fenced grounds.

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Quadplex Portfolio
Quadplex Portfolio

325 Arianna Pl, Tea, SD 57064

$611,900
4,366 sqft

Portfolio includes eight four-plex buildings totaling 32 residential units.

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Eight-Property Quadplex Portfolio
Eight-Property Quadplex Portfolio

301 Arianna Pl, Tea, SD 57064

$611,900
4,366 sqft

Eight well-maintained four-plex buildings are offered together as a multifamily portfolio in Tea, South Dakota.

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64-Unit Apartment Building
64-Unit Apartment Building

4203 S West Ave, Sioux Falls, SD 57105

$6,016,000
14,208 sqft

The multifamily property offers one- and two-bedroom residences alongside 64 garages.

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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 in Worthing, SD
Residential Lot in Worthing, SD

804 Beck St, Worthing, SD 57077

$58,500
0.21 AC lot

Residential lot in Worthing, SD, near Sioux Falls.

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Twin Home Lots in R1 District
Twin Home Lots in R1 District

705 W Matthew Trl, Tea, SD 57064

$80,000
0.28 AC lot

Two R1 residential land lots offered for development, listed together as 705 and 707 W Matthew Trl.

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Residential Building Lot
Residential Building Lot

725 W Matthew Trl, Tea, SD 57064

$80,000
0.28 AC lot

R1-zoned residential land offered for sale, featuring two adjacent lots in Tea, South Dakota.

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Twin Home Lots for Residential Development
Twin Home Lots for Residential Development

715 W Matthew Trl, Tea, SD 57064

$80,000
0.28 AC lot

Two R1-zoned home lots in Tea provide a straightforward foundation for building a new residence.

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Lennox, SD Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Lennox, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,172 square feet of properties for sale, with an estimated market value of $849,800.

Sale prices for residential investment properties in Lennox, SD start at $250,000, averaging $283,266, and reaching up to $299,900 — 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 3
Apartment buildings 2
Triplexes 1

Demographics Overview

Population 3,875
Population Growth (5Y) +8.8%
Median Household Income $79,209
College Educated 29.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57039 $283.3K

Taxes & Financing

Tax Rate (average for all types) 1.87%
Property Tax per SF $30.65 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lincoln County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lincoln County

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Residential Income

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