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    Watertown, SD
    Short Term Rental

    Watertown, SD Short Term Rental Properties for Sale

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    Goodwin, SD Lake Norden, SD Arlington, SD
    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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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Historic Fourplex Residence
    Updated Historic Fourplex Residence

    2535 Aldrich Avenue S, Minneapolis, MN 55405

    $1,175,000
    5,225 sqft · 0.11 AC lot

    Four updated units with modern mechanicals, tenant-directed HVAC billing, and a fully fenced private yard.

    View details
    Well-Maintained 4-Plex Property
    Well-Maintained 4-Plex Property

    3005 S Cliff Ave, Sioux Falls, SD 57105

    $600,000
    4,260 sqft · 0.48 AC lot

    Well-kept four-unit property with central air, boiler heat, wood-burning fireplaces, and eight garages.

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    Renovated 4-Plex for Income
    Renovated 4-Plex for Income

    2428 11th Avenue S, Minneapolis, MN 55404

    $449,900
    3,704 sqft · 0.12 AC lot

    Renovated 4-plex with multiple post-2020 improvements, offering updated unit finishes in a residential setting.

    View details
    Furnished Triplex in Sioux Falls
    Furnished Triplex in Sioux Falls

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft · 0.22 AC lot

    Triplex with flexible rental potential near amenities in Sioux Falls.

    View details

    Watertown, SD Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Watertown, 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 $2,700,000.

    Sale prices for short term rental properties in Watertown, SD start at $2,700,000, averaging $2,700,000, and reaching up to $2,700,000 — 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 3
    Duplexes 1
    Short term rental 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 $2.7M

    Taxes & Financing

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

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