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    Wakonda, SD
    Residential Income

    Wakonda, SD Residential Income Properties for Sale

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    Volin, SD Vermillion, SD Mission Hill, SD Centerville, SD Gayville, SD Yankton, SD Beresford, SD Saint Helena, NE
    8-Unit Multifamily Building
    Updated: Jul 9
    8-Unit Multifamily Building

    611 1st St, Wakonda, SD 57073

    $465,000
    8‑unit multifamily building built in 1975 in Wakonda, SD
    Unit mix includes seven 2‑bedroom units and one 1‑bedroom unit
    Off‑street parking for residents
    On‑site coin‑operated laundry
    New pitched roof completed in spring 2026
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Wakonda, 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.

    Fully Leased Eightplex Apartment
    Fully Leased Eightplex Apartment

    509 N. 5th Street, Beresford, SD 57004

    $700,000
    7,258 sqft

    Fully leased two-story eightplex with on-site common area laundry, four garage stalls, and recent exterior renovations.

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    Multifamily Investment Opportunity
    Multifamily Investment Opportunity

    510 N. 5th Street, Beresford, SD 57004

    $700,000
    14,516 sqft

    Fully leased multifamily property with recent renovations and garage stalls.

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    Two-Unit Duplex with Extra Parking
    Two-Unit Duplex with Extra Parking

    216-216 1/2 High, Vermillion, SD 57069

    $199,900
    1,676 sqft 0.35 AC lot

    Two income units on two lots with extra parking and an unfinished basement in the larger front home.

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    Student Housing Investment Opportunity
    Student Housing Investment Opportunity

    1001 N Dakota St, Vermillion, SD 57069

    $12,500,000

    Student housing near the University of South Dakota.

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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.

    Waterfront Land Parcel with Boat Access
    Waterfront Land Parcel with Boat Access

    460th Ave. and Daniel Place, Vermillion, SD 57069

    $320,000
    8.00 AC lot

    Waterfront acreage near a county park boat landing, with planned utilities and flexible options to split into multiple lots.

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    Waterfront Land Lot with River Frontage
    Waterfront Land Lot with River Frontage

    46019 Daniel Place, Vermillion, SD 57069

    $269,000
    2.18 AC lot

    Waterfront land on the Missouri River at Discovery Landing with utilities available through installed services on lots.

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    Missouri River Waterfront Land Lot
    Missouri River Waterfront Land Lot

    46023 Daniel Place, Vermillion, SD 57069

    $279,000
    2.36 AC lot

    Waterfront lot with river frontage and native vegetation, ready for building within Discovery Landing development.

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    Riverfront Land Lot at Development
    Riverfront Land Lot at Development

    46027 Daniel Place, Vermillion, SD 57069

    $284,000
    2.55 AC lot

    Buildable Missouri River lot with native vegetation and 250 feet of river frontage at Discovery Landing.

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    Wakonda, SD Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Wakonda, SD average $465,000 — 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 1
    Multifamily properties 1

    Demographics Overview

    Population 516
    Population Growth (5Y) -30.8%
    Median Household Income $70,893
    College Educated 45.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $39.08 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clay County

    New Delisted

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