101 E 5th St, Freeman, SD 57029
Property image
Property image
OFF MARKET

101 E 5th St
Freeman, SD 57029

  • Studio
  • 1 Bath
  • 5,016 sqft (on 0.33 acres)

$408,200

Trulia Estimate
as of Aug 9, 2026

$408,200

Trulia Estimate
as of Aug 9, 2026
Studio
1 Bath
5,016 sqft
(on 0.33 acres)

Local Information

  • Map ViewExplore the area around 101 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1952
Lot Size
0.33 acres
Living Area
5,016 sqft
Price/Sqft
$81
Parking
Garage

About this House

THIS 8 UNIT TWO STORY APARTMENT HOUSE IS A MONEY-MAKER WITH A GREAT CAP RATE!! ALL UNITS HAVE BEEN UPDATED/REMODELED WITH A SECURITY SYSTEM TO MONITOR THE UNITS. ROOF COMPLETELY REPLACED IN 2014. & NEW SIDEWALKS IN 2019. THE HUSBAND/WIFE OWNERS/MANAGERS HAVE GOOD TENANTS. THREE UNITS ARE HANDICAPPED ASSISTED. THESE UNITS & COMMON AREAS ARE CLEAN & WELL-MAINTAINED. 7 GARAGES & ONE CARPORT WITH EXTRA STORAGE SPACE. THIS PROPERTY IS LOCATED ON FREEMAN MAIN STREET WITH RETAIL & SERVICES WITHIN EASY WALKING DISTANCE. GREAT POTENTIAL TO INCREASE THE RENTAL INCOME BY REMODELING AN UNFINISHED 36.5' X 35' ENCLOSED SPACE ON THE 2ND FLOOR MAKING IT A 2-3 BEDROOM UNIT OR 2 SMALLER 1 BEDROOM UNITS. MORE AMENITIES CAN BE ADDED TO ATTRACT TENANTS. TENANTS PAY FOR OWN ELECTRIC & HEAT!! THE OWNERS ARE WILLING TO SHARE THEIR BUSINESS RECORDS TO POTENTIAL BUYERS.
101 E 5th St, Freeman, SD 57029 is a studio, 1 bathroom, 5,016 sqft multi-family built in 1952. It last sold for $295,000 on Jan 7, 2020. It is currently off market. The Trulia Estimate is $408,200, with a rent estimate of $878/month.

Home Details for 101 E 5th St

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Concrete
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Multi Family

Rental Terms, Policies & Fees

Furnished

Exterior Features

Exterior Home Features
Exterior: Brick, Cement Concrete
Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 8

Lot Information

Lot Area: 0.33 acres

Price History for 101 E 5th St

DatePriceEventSource
10/20/2020$320,000ListingRemovedAgent Provided
09/18/2020$320,000Listed For SaleAgent Provided
01/07/2020$295,000Sold
Realtor Association of the Sioux Empire #21907182

Market trends in Freeman

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
12
5MoM
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Property Tax and Assessment

Year2025
Tax$4,037
Assessment$228,680
Home facts updated by county records

Comparable Sales for 101 E 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
605 E 8th St, Freeman, SD
0.41
Multi-Family Home
$295,000
04/30/26
-
2,896
701 E 6th St, Freeman, SD
0.43
Multi-Family Home
$465,000
07/01/26
-
7,104

Nearby homes

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Assigned Schools

These are the assigned schools for 101 E 5th St.

What Locals Say about Freeman

At least 2 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say there's holiday spirit

  • 80 % Say it's walkable to restaurants

  • 80 % Say there are sidewalks

  • 75 % Say it's quiet

  • 75 % Say it's walkable to grocery stores

  • 67 % Say people would walk alone at night

  • 55 % Say neighbors are friendly

  • 40 % Say there's wildlife

  • 40 % Say there are community events

  • 40 % Say kids play outside

  • 33 % Say streets are well-lit

  • 33 % Say car is needed

  • 20 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 101 E 5th St

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Off Market Homes Near 101 E 5th St

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Frequently asked questions about 101 E 5th St

  • What is 101 E 5th St estimated to be worth?
    Trulia's estimated value for 101 E 5th St in Freeman, SD is $408,200.
  • What is the price history for 101 E 5th St?
    101 E 5th St in Freeman, SD last sold for $295,000 in January 2020.
  • Is Freeman a buyer's or seller's market?
    Freeman is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 101 E 5th St?
    The closest schools to 101 E 5th St in Freeman, SD are Freeman Elementary - 02 (Pre-K, rated 6/10), Freeman High School - 01 (rated 8/10), Freeman Jr. High - 05 (rated 9/10).
  • Does 101 E 5th St have air conditioning?
    Yes, 101 E 5th St in Freeman, SD has air conditioning.