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

101 E 5th St
Freeman, SD 57029

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

$409,600

Trulia Estimate
as of May 11, 2026

$409,600

Trulia Estimate
as of May 11, 2026
Studio
1 Bath
5,016 sqft
(on 0.33 acres)

Homes for sale near 101 E 5th St

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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
No Info

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
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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

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

Learn more about our methodology.

LGBTQ Local Legal Protections

Homes for rent near 101 E 5th St

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Off Market Homes Near 101 E 5th St

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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 $409,600.