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    Pierre, SD
    Residential Income

    Pierre, SD Residential Income Properties for Sale

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    Fort Pierre, SD
    23-Unit Apartment Building
    Updated: Apr 22
    23-Unit Apartment Building

    1615 East Dakota Avenue, Pierre, SD 57501

    $1,500,000
    23 units in one two‑story apartment building
    Unit mix includes 15‑2BR/1BA and 8‑3BR/1BA residences
    21,024 total rentable SF with an average unit size of 914 SF
    Constructed in 1980
    Surface parking
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Pierre, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Two-Unit Duplex with Carport
    Two-Unit Duplex with Carport

    330 N Main St, Ipswich, SD 57451

    $115,900
    1,823 sqft 0.45 AC lot

    Corner-lot property with two separate apartments, hardwood flooring, central air, and natural gas heat.

    View details
    Duplex with Covered Carport
    Duplex with Covered Carport

    330 Main Street, Ipswich, SD 57451

    $115,900
    0.45 AC lot

    Two separate apartments provide a flexible residential income configuration with central air and natural gas heat.

    View details
    22-Unit Apartment Property
    22-Unit Apartment Property

    311 Deadwood Street, Fort Pierre, SD 57532

    $750,000

    Two buildings combine market-rate apartments with senior/HAP housing in Fort Pierre.

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    22-Unit Apartment Portfolio
    22-Unit Apartment Portfolio

    213 & 311 N Deadwood St, Fort Pierre, SD 57532

    Contact for pricing

    Two nearby apartment properties offer market-rate and senior/HAP housing configurations in Fort Pierre.

    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.

    Lake Oahe Overlook Land
    Lake Oahe Overlook Land

    28057 Cactus Flat Dr, Fort Pierre, SD 57532

    $149,500
    5.06 AC lot

    5+ acre residential land near Lake Oahe.

    View details

    Pierre, SD Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Pierre, SD average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Multifamily properties 2

    Demographics Overview

    Population 17K
    Population Growth (5Y) +3.4%
    Median Household Income $79,224
    College Educated 46.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57501 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.29%
    Property Tax per SF $28.39 per SF
    Average Loan-to-Value 65.0%

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