Turnkey investment opportunity located in the heart of Pierre.Well maintained 8 unit apartment building offering a consistent rental demand & strong income potential. Built in 1985 this building features approximately 6,336 sq ft. 5-1 bedroom apartments & 3-2 bedroom apartments. Off street parking,onsite laundry & private deck/patios.Ideal for investors seeking a solid income producing asset.
Sold for $725,000
$725,000
124 W Missouri Ave, Pierre, SD 57501
--beds
6,336sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$114/sqft
$1,414 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,414/mo
Zestimate® history
Owner options
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$1,414/mo
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$1,414/mo
Rent Zestimate®
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$3,754/mo
Est. payment
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$3,754/mo
Est. payment
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List your homeWhat's special
Off street parkingOnsite laundry
Zillow last checked:
Listing updated:
Listed by:
pierre.rets.olsonr 605-280-8893,
Premier Property
Bought with:
Guy M Ferris, 16760
Dakota Prairie Real Estate
Source: Central South Dakota BOR,MLS#: 26-97
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 8
- Full bathrooms: 8
Interior area
- Total structure area: 6,336
- Total interior livable area: 6,336 sqft
Property
Features
- Stories: 2
Lot
- Size: 0.38 Acres
- Dimensions: 100 x 165
Details
- Parcel number: 008176
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1985
Community & HOA
Location
- Region: Pierre
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $496,205
- Annual tax amount: $7,157
- Date on market: 4/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $725,000-3.3%$114/sqft |
Source:  Central South Dakota BOR #26-97 Report a problem | ||
| 4/8/2026 | Pending sale | $750,000$118/sqft |
Source: Central South Dakota BOR #26-97 Report a problem | ||
| 4/4/2026 | Listed for sale | $750,000$118/sqft |
Source: Central South Dakota BOR #26-97 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,444 -0.9% | $496,205 |
| 2024 | $7,511 +16.5% | $496,205 +383.1% |
| 2023 | $6,449 +0.1% | $102,714 -73.4% |
| 2022 | $6,441 +1.8% | $385,678 +5% |
| 2021 | $6,325 -1.9% | $367,312 +3% |
| 2020 | $6,446 0% | $356,614 +3% |
| 2019 | $6,447 | $346,227 |
| 2018 | -- | $346,227 +5% |
| 2017 | -- | $329,740 |
| 2016 | -- | $329,740 +5% |
| 2015 | -- | $314,038 +5% |
| 2014 | -- | $299,084 |
Find assessor info on the county website
Neighborhood: 57501
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Nearby schools
GreatSchools rating
- 8/10Kennedy Elementary - 08Grades: K-5Distance: 2.5 mi
- 7/10Georgia Morse Middle School - 02Grades: 6-8Distance: 0.4 mi
- 6/10T F Riggs High School - 01Grades: 9-12Distance: 0.9 mi
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- South Dakota
- Hughes County
- Pierre
- 57501
- 124 W Missouri Ave
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