1000 S Crawford Rd, Vermillion, SD 57069
1000 S Crawford Rd, Vermillion, SD 57069
1000 S Crawford Rd, Vermillion, SD 57069
1000 S Crawford Rd, Vermillion, SD 57069
1000 S Crawford Rd, Vermillion, SD 57069
1000 S Crawford Rd, Vermillion, SD 57069
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Abraham Carroll

Abraham Carroll

+1(605) 728-6599
$ 2,080,000
Est. payment | /mo

6,560 SqFt

Save
$ 2,080,000
Est. payment | /mo
Save

6,560 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,560 sqft

Price per Sqft $317

Subdivision Other - Outside Jurisdiction

MLS Listing ID 22603644

Year Built 1979

Lot Size 0.720 Acres

Property Sub-Type Other

Property 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.

Location

State SD

County Other (out Of Jurisdiction)

Area Other

Building

Foundation Poured

Sewer City Sewer

Water City Water

Schools

Elementary Schools Vermillion Elem School - Vermillion 13-1

Middle Schools Vermillion Ms

High Schools Vermillion Hs

School District Vermillion

Others

Miscellaneous Separate Meters

Realtor Association of the Sioux Empire, Inc. (RASE)
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
LIsted by Gateway Real Estate Advisors • Daniel Stillson
Abraham Carroll

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 728-6599

abraham.carroll20@joinreal.com

4912 S Technopolis Dr, Sioux Falls, SD 57106-4230, USA

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1000 S Crawford Rd