Residential Income

Mitchell, SD Residential Income Properties for Sale

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Stickney, SD Parkston, SD
Redevelopment Land Parcel
Updated: May 19
Redevelopment Land Parcel

713 E Havens Ave, Mitchell, SD 57301

$1,950,000
8.13 AC lot
8.13‑acre redevelopment parcel one block from Mitchell, SD’s busiest intersection
Over 20,000 traffic counts at the intersection
Currently operated as a trailer park with 16 sites and 14 occupied
Includes 3.65 acres of undeveloped land
Surrounded by retailers and services including Walgreens, Plains Commerce Bank, First Interstate Bank, Verizon, and c‑stores
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Sioux Falls Multifamily Investment Property
Sioux Falls Multifamily Investment Property

5100 W 47 St, Sioux Falls, SD 57106

$370,000
2,431 sqft 0.21 AC lot

Multifamily property with updated features and large backyard.

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RV Park and Apartments
RV Park and Apartments

4501 W 12th St, Sioux Falls, SD

$8,503,638
15.02 AC lot

RV park with apartments, high visibility, and commercial zoning.

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Yankton Multifamily Investment Opportunity
Yankton Multifamily Investment Opportunity

1313 W. 30th Street, Yankton, SD 57078

$4,200,000

Multifamily property with development potential in Yankton, South Dakota.

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Duplex with Two One-Bed Units
Duplex with Two One-Bed Units

613 Locust Street, Yankton, SD 57078

$179,900

Two 1 bed/1 bath units with original hardwood floors and woodwork, plus a covered porch and detached 2-car 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 Freeman, SD
Residential Land in Freeman, SD

W 5th St, Freeman, SD 57029

$40,000
0.84 AC lot

Residential land available for building a dream home.

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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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Residential Land in Huron, SD
Residential Land in Huron, SD

Prairie Eagle Cir, Huron, SD 57350

Contact for pricing
0.28 AC lot

Spacious lot ready for your dream home in Huron, SD.

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Residential Lot in Huron, SD
Residential Lot in Huron, SD

Lot 7, BLK 2 McDonald Dr, Huron, SD 57350

Contact for pricing
0.24 AC lot

Residential lot available in Huron, South Dakota, for building a home.

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Off-Market Properties in Mitchell, SD

Consider similar Off-Market properties in Mitchell, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2021-2231 Kimball St
Multifamily properties

2021-2231 Kimball St, Mitchell, SD 57301

Value Estimation by Request
82,368 sqft 3.97 AC lot
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41255 Sd-38
Multifamily properties

41255 Sd-38, Mitchell, SD 57301

Value Estimation by Request
585,011 sqft 13.43 AC lot
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Mitchell, SD Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for residential income properties in Mitchell, SD start at $1,950,000, averaging $1,950,000, and reaching up to $1,950,000 — 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

Mobile home & RV parks 1
Multifamily properties 1

Demographics Overview

Population 19K
Population Growth (5Y) +3.7%
Median Household Income $60,671
College Educated 31.5%

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.27 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

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