1015 Walnut St, Yankton, SD 57078
Local realty services provided by:CENTURY 21 Professional Real Estate
1015 Walnut St,Yankton, SD 57078
$2,995,000
- - Beds
- - Baths
- 36,378 sq. ft.
- Multi-family
- Pending
Listed by: mason schramm
Office: the move group
MLS#:117010
Source:SD_LCAR
Price summary
- Price:$2,995,000
- Price per sq. ft.:$82.33
About this home
This 44-unit multifamily apartment complex in Yankton, South Dakota, presents an exceptional investment opportunity. Built in 1977, this HUD property offers a versatile mix of units, including 28 one-bedroom apartments, 12 two-bedroom apartments, and 4 three-bedroom apartments, making it an attractive option for a diverse range of tenants. Centrally located in the heart of Yankton, the property provides convenient access to schools, shopping, and employment opportunities, enhancing its appeal to renters. Yankton is one of South Dakota’s most vibrant and desirable communities—offering small-town warmth paired with strong economic growth. The city’s diverse economy, anchored by healthcare, manufacturing, and education, provides a solid foundation for continued expansion and stability. Yankton boasts one of the lowest unemployment rates in the state, with hundreds of open positions across multiple industries. The local rental market remains exceptionally strong, with historically low vacancy rates and consistent demand. South Dakota’s business-friendly climate—featuring no state income tax, low property taxes, and minimal regulatory burden—further enhances long-term investment returns and appreciation potential. Beyond its economic appeal, Yankton offers an unmatched quality of life. The city sits along the Missouri River and the stunning Lewis and Clark Lake, one of the Midwest’s premier recreational destinations. Residents and visitors enjoy world-class boating, fishing, hunting, camping, and hiking, with miles of shoreline, scenic trails, and year-round outdoor activities. This combination of natural beauty and recreation attracts both long-term residents and seasonal visitors, supporting steady rental demand and community vitality. As a HUD property, this complex benefits from adherence to affordable housing guidelines, ensuring consistent occupancy and stable income. The property’s central location and accessibility make it a key housing option for local professionals, families, and retirees alike. For investors seeking a reliable, income-producing asset in a flourishing community with exceptional lifestyle appeal and economic strength, this property offers significant upside. Yankton’s unique blend of affordability, opportunity, and recreation makes it one of South Dakota’s most compelling multifamily markets. Take advantage of this rare opportunity to own a centrally located multifamily complex in a community that truly has it all—economic stability, growth potential, and a lifestyle centered around the beauty of the Missouri River and Lewis and Clark Lake.
Contact an agent
Home facts
- Year built:1977
- Listing ID #:117010
- Added:128 day(s) ago
- Updated:February 10, 2026 at 08:18 AM
Rooms and interior
- Living area:36,378 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingles
- Year built:1977
- Building area:36,378 sq. ft.
- Lot area:2.25 Acres
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$82.33
- Tax amount:$18,402 (2024)
New listings near 1015 Walnut St
$289,900Pending4 beds 2 baths1,880 sq. ft.1506 Oakwood Dr, Yankton, SD 57078
MLS# 117267Listed by: AMERICAS BEST REALTY
$379,900Pending4 beds 2 baths1,536 sq. ft.101 Gavins Gulch Road, Yankton, SD 57078
MLS# 117262Listed by: VISION REAL ESTATE SERVICES- New
$349,900Active1.06 AcresAddress Withheld By Seller, Yankton, SD 57078
MLS# 117260Listed by: LEWIS AND CLARK REALTY INC. - New
$369,900Active4 beds 3 baths2,306 sq. ft.102 Cole, Yankton, SD 57078
MLS# 117259Listed by: AMERICAS BEST REALTY - New
$139,900Active2 beds 1 baths744 sq. ft.1303 National, Yankton, SD 57078
MLS# 117256Listed by: VISION REAL ESTATE SERVICES
$278,000Pending3 beds 2 baths1,843 sq. ft.704 E 21st St, Yankton, SD 57078
MLS# 117255Listed by: MALONEY REAL ESTATE
$245,000Active3 beds 2 baths1,522 sq. ft.1311 W 12th St., Yankton, SD 57078
MLS# 117254Listed by: CENTURY 21 PROFESSIONAL REAL ESTATE
$40,000Active0.23 AcresTBD Lotus Lane, Yankton, SD 57078
MLS# 117239Listed by: VISION REAL ESTATE SERVICES
$45,000Active0.24 AcresTBD 25th St., Yankton, SD 57078
MLS# 117252Listed by: VISION REAL ESTATE SERVICES
$168,000Pending4 beds 1 baths1,170 sq. ft.1106 Redmond St., Yankton, SD 57078
MLS# 117230Listed by: VISION REAL ESTATE SERVICES