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    Pelican, SD
    Residential Income

    Pelican, SD Residential Income Properties for Sale

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    Goodwin, SD Lake Norden, SD Arlington, SD Clear Lake, SD
    New Apartment Building in Watertown
    Updated: Mar 11
    New Apartment Building in Watertown

    315 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    95,544 sqft
    Opportunity to acquire a 63‑unit apartment building in a growing city.
    Brand new construction (Year Built: 2025), 90% complete.
    Located in a desirable area of Watertown, South Dakota.
    Proximate to restaurants, gyms, parks, and other community staples.
    Excellent investment opportunity to finish construction and create a new community.
    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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Pelican, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    Duplex with Separate Utility Meters
    Duplex with Separate Utility Meters

    111 Coleman Avenue, Montevideo, MN 56265

    $139,000
    1,170 sqft 0.19 AC lot

    Converted duplex with separate electric meters and hard-wired smoke detectors, plus main-floor gas heat and upstairs electric baseboard.

    View details
    Two-Building Apartment Community
    Two-Building Apartment Community

    207 and 213 9th Avenue, Madison, MN 56256

    $980,000
    23,968 sqft

    Two-building multifamily property features 24 units with updated interiors, coin-op laundry, and tenant-paid utilities.

    View details
    Over-Under Duplex with Rear Entrance
    Over-Under Duplex with Rear Entrance

    617 W 3rd Street, Madison, MN 56256

    $79,500
    713 sqft 0.05 AC lot

    Over-under duplex with separate entrances, forced-air heat, and vinyl exterior; shingles and siding are about two years old.

    View details
    Montevideo Multifamily Investment Opportunity
    Montevideo Multifamily Investment Opportunity

    215 S 5th St, Montevideo, MN 56265

    Contact for pricing
    8,619 sqft

    Nine-unit multifamily property in Montevideo's stable rental market.

    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.

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    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

    Off-Market Properties in Pelican, SD

    Consider similar Off-Market properties in Pelican, 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.

    16 Kemp Ave
    Restaurants

    16 Kemp Ave, Watertown, SD 57201

    Value Estimation by Request
    9,700 sqft
    View details
    315 Kemp Ave
    Individual retail properties

    315 Kemp Ave, Watertown, SD 57201

    Value Estimation by Request
    95,962 sqft
    View details
    31st 31St St
    Land

    31st 31St St, Watertown, SD 57201

    Value Estimation by Request
    80.00 AC lot
    View details
    1 Kemp And 6 - 8
    Individual retail properties

    1 Kemp And 6 - 8, Watertown, SD 57201

    Value Estimation by Request
    52,642 sqft
    View details

    Pelican, SD Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Pelican, SD on our real estate platform. These investment opportunities span a total of 95,544 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +4.3%
    Median Household Income $64,809
    College Educated 27.5%

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