See all 29 photos
29 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$369,900
Est. payment /mo
2,818 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,818 sqft
Price per Sqft $131
Subdivision Folsom Addn
MLS Listing ID 22501958
Year Built 1920
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 50x100
Property Sub-Type Other
Property Description
Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been installed as tenants have moved out to update the property and increase rents over the last two years. Renter's insurance in place for all tenants setting this property up for great future growth!
Location
State SD
County Minnehaha
Area Sf-C004
Rooms
Basement Full
Interior
Heating Two or More Units, Natural Gas
Cooling Window Unit
Appliance Refrigerator, Oven/Range, Washer, Dryer
Exterior
Exterior Feature Stone/Stone Veneer
Roof Type Shingle Composition
Building
Story 2
Foundation Block
Water City Water
Schools
Elementary Schools Lowell Es
Middle Schools George Mcgovern Ms - Sioux Falls
High Schools Thomas Jefferson High School
School District Sioux Falls
Others
Security Features Smoke Detector
Read Less Info
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by Alpine Commerical • Jackson D Dorhout