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    Lennox, SD
    Triplex

    Lennox, SD Triplexes for Sale

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    Davis, SD Hurley, SD Worthing, SD Tea, SD Harrisburg, SD Centerville, SD Sioux Falls, SD Hartford, SD
    Three-Unit Multifamily Property
    Updated: Jul 26
    Three-Unit Multifamily Property

    404 W 1st Ave, Lennox, SD 57039

    $250,000
    2,428 sqft
    Three‑unit property with 3BR‑1BA, 2BR‑1BA, and 1BR‑1BA residences
    2,428 SF multifamily property built in 1950
    3BR unit includes an attached garage and basement
    Each unit has a private entrance and its own washer and dryer
    Situated on a corner lot at 404 W 1st Ave, Lennox, SD 57039
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    This listing looks promising.

    Here's a quick look at some key insights for

    404 W 1st Ave, Lennox, SD 57039

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $292K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lennox, 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.

    Furnished Triplex with Separate Units
    Furnished Triplex with Separate Units

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft 0.22 AC lot

    Three furnished residences offer distinct kitchens, living areas, bedrooms, and baths, with shared basement laundry and paved parking.

    View details
    Triplex with Garage
    Triplex with Garage

    2605 Home St., Sioux City, IA 51109

    $175,000
    1,140 sqft 0.24 AC lot

    Two efficiency apartments accompany a vacant middle unit, with a garage and updated roof serving the property.

    View details
    Furnished Triplex with Separate Units
    Furnished Triplex with Separate Units

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft

    Three furnished units provide distinct living areas, kitchen spaces, and bathroom setups.

    View details
    Remodeled Triplex with Private Laundry
    Remodeled Triplex with Private Laundry

    2308-10 Jones St., Sioux City, IA 51104

    $259,900

    Three-unit property with individual laundry rooms, central HVAC, and separately metered gas and electric service.

    View details

    Lennox, SD Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Lennox, SD on our real estate platform. These investment opportunities span a total of 2,428 square feet of properties for sale, with an estimated market value of $250,000.

    Sale prices for three-family homes in Lennox, SD average $250,000 — 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

    Demographics Overview

    Population 3,875
    Population Growth (5Y) +8.8%
    Median Household Income $79,209
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $30.65 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lincoln County

    Residential Income

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