Madison, SD Residential income properties for sale

Updated: Nov 21, 2025

Multifamily Property in Madison, SD

210 Center Street West, Madison, SD 57042

$2,500,000

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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, 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.

Updated Duplex with Attached Garages

616 618 N Garfield Ave, Sioux Falls, SD 57104

$329,000

2,082 sqft 0.18 AC lot

Two separately metered units offer individual laundry and three-bedroom layouts.

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Two Buildings with 24 Units

804-810 Ruud Ln, Hartford, SD 57033

$3,200,000

Two twelve-plex apartment buildings with 24 garages in Hartford.

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Fourplex Townhome Style Apartments

204 Topaz Pl, Hartford, SD 57033

Contact for pricing

Five 4-plex buildings built in 2012 offer 3 bed/2 bath units with attached garages and in-unit laundry.

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Fourplex with Attached Garages

4908 W Cayman St, Sioux Falls, SD 57107

Contact for pricing

Turn-key fourplex with two- and three-bedroom units, each featuring an attached two-stall garage.

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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 Land in Spruce Glen

Lt 3 Bk 8 Birdie Dr, Dell Rapids, SD 57022

$69,900

0.28 AC lot

Bare lots in desirable Spruce Glen neighborhood with building options.

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Waterfront Land with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800

0.46 AC lot

Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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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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Waterfront Buildable Land Lot

Lot 27 Hauck's Bay Addition, Lake Preston, SD 57249

$129,000

3.26 AC lot

Buildable waterfront lot near Lake Thompson with nearby public water access and utility availability.

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Madison, SD Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in Madison, SD average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
57042	$2.5M

Neighborhood

Average Price

57042

$2.5M

Madison, SD Residential Income Properties for Sale

210 Center Street West, Madison, SD 57042