101 E 5th St
Freeman, SD 57029
- Studio
- 1 Bath
- 5,016 sqft (on 0.33 acres)
Studio
1 Bath
5,016 sqft
(on 0.33 acres)
Local Information
-- mins to
Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 101 E 5th St
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Heating & Cooling Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Concrete |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Multi Family |
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Furnished |
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Exterior Home Features Exterior: Brick, Cement Concrete |
Parking & Garage GarageParking: Garage Detached |
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Units in Building: 8 |
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Lot Area: 0.33 acres |
Price History for 101 E 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/20/2020 | $320,000 | ListingRemoved | Agent Provided |
| 09/18/2020 | $320,000 | Listed For Sale | Agent Provided |
| 01/07/2020 | $295,000 | Sold | Realtor Association of the Sioux Empire #21907182 |
Market trends in Freeman
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
7
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
0.41 | Multi-Family Home | $295,000 | 04/30/26 | - | 2,896 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.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
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 101 E 5th St
Off Market Homes Near 101 E 5th St
101 E 5th St, Freeman, SD 57029 is a studio, 1 bathroom, 5,016 sqft multi-family built in 1952. This property is not currently available for sale. 101 E 5th St was last sold on Jan 7, 2020 for $295,000. The current Trulia Estimate for 101 E 5th St is $409,100.

