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Wakonda Apartments 611 1st St 8 Unit Apartment Building $648,247 CAD ($81,031 CAD/Unit) Wakonda, SD 57073

Executive Summary
Discover the perfect addition to your investment portfolio with this 8-unit multifamily building in the charming community of Wakonda, South Dakota. The building features seven spacious 2-bedroom units and one cozy 1-bedroom unit, appealing to a variety of tenant needs. With off-street parking and on-site coin-operated laundry, the property offers convenience and practicality for residents. New pitched roof completed in Spring 2026. Operating expenses are well-structured, with the owner covering water, sewer, and common area electrical costs, while tenants are responsible for their own electric, cable, and internet services. This arrangement ensures predictable expenses and maximizes your returns. Financial details are available for pre-qualified buyers, making it easy to evaluate the property’s strong performance. Whether you’re a seasoned investor or just starting to build your portfolio, this multifamily building in Wakonda is a rare find that combines affordability, profitability, and tenant-friendly amenities. Don’t miss this opportunity—schedule your private tour today and explore the potential of this exceptional investment property!
Property Facts
| Price | $648,247 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $81,031 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.64 AC |
| No. Units | 8 | Building Size | 7,040 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1975 |
| Price | $648,247 CAD |
| Price Per Unit | $81,031 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 7,040 SF |
| No. Stories | 2 |
| Year Built | 1975 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 726 |
| 2+1 | 4 | - | 1,001 |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14000-00700-040-00 | Improvements Assessment | $192,956 CAD |
| Land Assessment | $9,749 CAD | Total Assessment | $202,705 CAD |
Property Taxes
Parcel Number
14000-00700-040-00
Land Assessment
$9,749 CAD
Improvements Assessment
$192,956 CAD
Total Assessment
$202,705 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Move Group
Wakonda Apartments | 611 1st St
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