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324 Elm St, Vermillion

Courtesy of Lindsey Theuninck from Nielson Real Estate.

$210,000
4 Beds ⋅ 3 Baths ⋅ 22608228 MLS
SPACE, LOCATION & INVESTMENT POTENTIAL! With 5 bedrooms, 3 bathrooms, and 2,786 square feet, this Vermillion property offers options! Looking for an investment near USD? The spacious layout makes it an opportunity worth exploring for student housing or multi-tenant rental potential. Need room for a large or growing family? There's plenty of space here, too! Enjoy TWO laundry rooms, TWO private second-floor balconies, an oversized 3-car garage, and expansive off-alley parking with room for multiple vehicles. Conveniently located near downtown Vermillion, local schools, and the University of South Dakota campus. Whether you're looking to invest, accommodate a large household, or simply want room to spread out, this property deserves a closer look. Bring your vision and explore the possibilities!

324 Elm St, Vermillion

11 E Duke St, Vermillion

Courtesy of Sarah Taggart from Premier Real Estate & Property Management.

$389,900
3 Beds ⋅ 3 Baths ⋅ 22607882 MLS
Welcome to North42! This beautiful townhome is part of Phase 1 of an exciting new development centrally located in Vermillion just 2 blocks from USD campus and the Dakota Dome. Thoughtfully designed with a modern farmhouse aesthetic, this home offers a truly unique layout you won’t find anywhere else. Step inside to a stunning two-story foyer where soaring ceilings extend to the second floor, creating a grand and open first impression with an upper-level overlook. The main level features a spacious open-concept floor plan, including a stylish kitchen with island, walk-in pantry, and designated dining area with a sliding glass door leading to the backyard patio. A roomy living area, convenient mudroom, and half bath complete the main floor. This end unit also offers extra yard space, additional privacy, and extra windows in the living room, flooding the space with natural light. Upstairs, the primary suite offers a private retreat with a double-sink vanity, tile-surround shower, and a spacious walk-in closet. Two additional generously sized bedrooms and a full bath complete the second level. Throughout the home, you’ll find thoughtfully selected finishes including tile kitchen backsplash, tile tub and shower surrounds, beautiful modern lighting, and luxury vinyl plank flooring throughout the main level, stairs, and landing. Each unit will feature a unique mix of finishes for added character. An attached two-stall garage completes this exceptional property. Estimated completion is spring 2026, but showings begin immediately—don’t miss your opportunity to be part of this exciting new development.  Must be owner occupied for the first 2 years after purchase. Covenants and HOA details coming soon. For more information, please visit North42onDuke.com.

11 E Duke St, Vermillion

1000 S Crawford Rd, Vermillion

Courtesy of Daniel Stillson from Gateway Real Estate Advisors.

$2,080,000
22603644 MLS
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.

1000 S Crawford Rd, Vermillion

31214 454th Ave, Vermillion

Courtesy of Barbara Iacino from Dakota Realty & Property Mgmt.

$475,000
11 Beds ⋅ 11 Baths ⋅ 22602742 MLS
This horse property is ideally situated between Yankton and Vermillion, just a half mile off Highway 50 on an oil road. SELLER FINANCING AVAILABLE WITH 20% DOWN. OR SELLER WILL CARRY A 10% 2ND IF BUYER IS DOING AN 80-10-10 CONVENTIONAL LOAN. The Morton building is designed for horse enthusiasts, featuring five spacious horse stalls, two offices, and a dedicated area for horse grooming. In addition, the property includes a charming goat barn, making it suitable for multiple types of livestock. This extraordinary property offers eleven bedrooms and eleven bathrooms, enabling a range of living options. The layout supports flexible configurations, such as a main house with seven or eight bedrooms and a separate guest quarter with three bedrooms and two and a half baths. Most bedrooms are equipped with private bathrooms, and several have PTAC units for individual heating and cooling control. The home features two kitchens, including a fully renovated main kitchen, as well as two spacious living rooms. Five distinct entrances all on a single level contribute to accessibility and versatility, making the property suitable for various purposes. Many areas are handicapped accessible, and there are two ramps to further enhance mobility throughout the home. Adjacent to the horse barn is a massive Quonset structure that serves as an insulated two-car garage, with another two-car garage located behind it. These facilities provide ample space for vehicles and equipment. The property is available for purchase either on its own or together with the neighboring five-bedroom home. Its proximity to the Myron Grove boat access on the Missouri River offers additional recreational opportunities, making this a truly exceptional property. Listing agent is seller and a licensed SD R.E. BROKER ASSOC.

31214 454th Ave, Vermillion


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