Triplex

Lennox, SD Triplexes for Sale

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Hurley, SD Worthing, SD Tea, SD Harrisburg, SD Sioux Falls, SD Parker, SD Hartford, SD Viborg, 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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Est. NOI available after sign in
Local Demand available after sign in
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.

Updated Triplex
Updated Triplex

3820 ORLEANS AVE, Sioux City, IA 51106

$270,000
2,476 sqft 0.14 AC lot

Three apartments combine a two-bedroom layout in two units with a one-bedroom layout in the third.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

518 S Helen St., Sioux City, IA 51106

$199,000
1,584 sqft 0.20 AC lot

Three distinct apartment layouts combine a two-bedroom unit, a one-bedroom residence, and a rear studio.

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Updated Triplex with Porches
Updated Triplex with Porches

608 S Western Ave, Sioux Falls, SD 57104

$259,900
1,900 sqft

Three apartments comprise two one-bedroom units upstairs and a two-bedroom residence on the lower level.

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Renovated Triplex with Four-Stall Garage
Renovated Triplex with Four-Stall Garage

817 W 15th St, Sioux Falls, SD 57104

$379,900
2,559 sqft

Fully occupied three-unit property with varied layouts and dedicated detached garage parking.

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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 2
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
57039 $250K

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

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Residential Income

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