USASDVermillion1000-1008 S Crawford Rd
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$2,080,000

For Sale

2 days ago

1000-1008 S Crawford Rd, Vermillion, SD

House

MLS® 833070

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $23,908
Days Active 1
Lot Size 
Approx. Age 1979
MLS® Number 833070

Property Address: 1000-1008 S Crawford Rd, Vermillion, SD, 57069

Average square foot calculated using Size range provided by listing agent.

Description

Crawford Rising Apartments offers a rare combination of immediate income and long-term upside in a market that rarely disappoints.? This stabilized 24-unit multifamily property in Vermillion, South Dakota is 100% occupied, nearly fully renovated, and supported by consistent demand from the University of South Dakota and the broader surrounding region.? The offering is priced at $2, 080, 000 and features a 7.00% cap rate, current NOI of $145, 553, and pro forma NOI of $162, 370.? The property includes two buildings on 0.72 acres with a unit mix of 22 two-bedroom/one-bath and 2 one-bedroom/one-bath residences.? With limited capital needs and rents currently below market, this asset presents a clear value-add opportunity for investors who want dependable performance and room to grow from day one.?
MLS® Number833070
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1979
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$2,080,000List Price
  • Commute

Commute

Starting Address
Destination Address
1000-1008 S Crawford Rd, Vermillion, SD

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