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    Watertown, SD
    Residential Income

    Watertown, SD Residential Income Properties for Sale

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    Goodwin, SD Lake Norden, SD Arlington, SD
    Corner Lot Twin Home
    Updated: May 15
    Corner Lot Twin Home

    1625 Northridge Dr, Watertown, SD 57201

    $359,000
    1,580 sqft · 0.08 AC lot
    3‑bedroom, 2‑full‑bath twin home built in 2005 in the Village of Northridge community
    Corner lot with greenspace views
    Eat‑in kitchen with space for formal dining
    Newly installed carpet
    Two‑car attached garage with a separate mechanical room
    View details
    Furnished Multifamily Apartment Building
    Updated: Jun 25
    Furnished Multifamily Apartment Building

    309 8th Ave SE, Watertown, SD 57201

    $2,700,000
    Cottage Apartments in Watertown, SD: 45‑unit multifamily property
    Year built: 1948
    Units offer short‑term or long‑term leasing options
    Each fully furnished suite includes a Smart TV, microwave, and mini‑fridge
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    Historic Mixed-Use Building For Sale
    Historic Mixed-Use Building For Sale

    15 1st Ave SE, Watertown, SD 57201

    $340,000
    6,000 sqft

    Mixed-use building with commercial tenants and residential apartments.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    2015 Duplex Mobile Home
    2015 Duplex Mobile Home

    415-417 KAMPESKA BOULEVARD, Watertown, SD 57201

    $179,900

    2015 duplex mobile home with rental income potential.

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    New Apartment Building in Watertown
    New Apartment Building in Watertown

    315 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    95,544 sqft

    63-unit apartment building, 90% complete, in Watertown, South Dakota.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Well-Maintained 5-Plex Apartment Building
    Well-Maintained 5-Plex Apartment Building

    2405-2416 Prairie Eagle Cir, Huron, SD 57350

    $599,900
    5,744 sqft · 0.46 AC lot

    Single-level 5-plex with five units and individual garages, offering an income-producing multifamily setup in Huron.

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    Duplex with Two Separate Entrances
    Duplex with Two Separate Entrances

    617 W 3rd Street, Madison, MN 56256

    $79,500
    713 sqft · 0.05 AC lot

    Over/under duplex offers two units with independent access, including a fully equipped upper layout and a remodeled main floor.

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    Multifamily Property in Madison, SD
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,500,000

    Former high school converted to multifamily with underground parking.

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    136 Acres Land Banking Opportunity
    136 Acres Land Banking Opportunity

    Str 13-110-62, Huron, SD 57350

    $2,051,250
    136.00 AC lot

    136-acre parcel for affordable housing development in Huron, SD.

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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.

    Lakefront Land with Backlot
    Lakefront Land with Backlot

    118 Sunset Park, Estelline, SD 57234

    $399,900
    1.07 AC lot

    Includes direct lake access plus additional space across a paved road for storage, parking, or future development.

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    Residential Lake Lot with Lake Frontage
    Residential Lake Lot with Lake Frontage

    180 Northbay Drive, Arlington, SD 57212

    $249,000
    0.66 AC lot

    Bare lakefront lot with paved road access and about 100 feet of frontage for future lake home or seasonal use.

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    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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    Buildable Lakefront Land with 200-Foot Shoreline
    Buildable Lakefront Land with 200-Foot Shoreline

    423rd Ave lot: 6, Clark, SD 57225

    $120,880
    1.11 AC lot

    Build a cabin or home on a gentle-slope parcel with about 200 feet of Reid Lake shoreline.

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    Off-Market Properties in Watertown, SD

    Consider similar Off-Market properties in Watertown, 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

    Watertown, SD Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Watertown, SD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,580 square feet of properties for sale, with an estimated market value of $699,000.

    Sale prices for residential income properties in Watertown, SD start at $340,000, averaging $349,500, and reaching up to $359,000 — 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

    Multifamily properties 4
    Apartment buildings 3
    Duplexes 1
    Short term rental properties 1
    Single family properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57201 $899.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.34%
    Average Loan-to-Value 65.0%

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