Sioux Falls SD Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 2012
- Baths:
- MLS#:
- 22500335
- Subdivision:
- Platinum Valley III
ADDITIONAL INFORMATION
Unlock the power of passive income with this fully occupied 4 plex investment! Situated in a prime location, this property is the key to your financial independence. - Consistent monthly rental income - Positive cash flow from the start - Increase in property value overtime This 4 plex is the passive income generator you've been dreaming of! With reliable tenants already in place, you can start earning a steady stream of rental income from day one. Whether you're saving for retirement, paying off debt, or building generational wealth, this 4 plex will put you on the fast track to financial success. Each resident pays a flat rate of $95 monthly for water, sewer, and trash, generating a reliable annual reimbursement of $4,560. Lawn care is owner-provided, while tenants handle electric, gas, and snow removal. The property is equipped with Blue Peak's 5G fiber-optic internet (and other services) free to the owner, plus a 5% revenue share from Bluepeak for any residents who opt-in. 4 plex next door also available for sale. 3503 W 93rd St.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 2009
- Baths:
- MLS#:
- 22500334
- Subdivision:
- Platinum Valley III
ADDITIONAL INFORMATION
Unlock the power of passive income with this fully occupied 4 plex investment! Situated in a prime location, this property is the key to your financial independence. - Consistent monthly rental income - Positive cash flow from the start - Increase in property value over time This 4 plex is the passive income generator you've been dreaming of! With reliable tenants already in place, you can start earning a steady stream of rental income from day one. Whether you're saving for retirement, paying off debt, or building generational wealth, this 4 plex will put you on the fast track to financial success. Each resident pays a flat rate of $95 monthly for water, sewer, and trash, generating a reliable annual reimbursement of $4,560. Lawn care is owner-provided, while tenants handle electric, gas, and snow removal. The property is equipped with Blue Peak's 5G fiber-optic internet (and other services) free to the owner, plus a 5% revenue share from Bluepeak for any residents who opt-in. 4 plex next door also available for sale. 3403-3409 W 93rd St. Pictures from 3403-3409 units. All units similar.
$269,900
807 S 1st Ave Sioux Falls, SD 57104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 22500281
- Subdivision:
- Gales 7th Addn
ADDITIONAL INFORMATION
FANTASTIC Investment property near downtown sioux falls. Unit 1 has 3 bedrooms 1 bathroom with deck to great backyard. Unit 2 has 2 (Large) bedrooms 1 bath. You won't want to miss out on this opportunity. One unit vacant now, so would make a great owner occupied rental. New flooring in lower level.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 22500244
- Subdivision:
- Folsom 2nd Addn
ADDITIONAL INFORMATION
Well-maintained 4-plex in a fantastic neighborhood, conveniently located near Sanford Hospital. Each apartment features 2 bedrooms, 1 bath, and a spacious living room. The kitchens are well-equipped with ample cabinets, counter space, an electric oven with hood fan, microwave, and refrigerator. Throughout the building, you'll find updated trim, flooring, and fresh paint. Each unit also has a renovated full bathroom and plenty of storage space. The building offers a common laundry area and entrance. All units are equipped with high-efficiency furnaces and central air. Upper units (#3 and #4) have sliding doors from the dining area leading to decks.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 22409073
- Subdivision:
- Van Eps Addn
ADDITIONAL INFORMATION
Great investment opportunity as a rental and/or a house hack to live on one side (once the lease is up) to build your real estate investment portfolio. Investors convenience to own two right next to each other. These offer 2 bedrooms, 1 bathroom, and an oversized single stall garage. Great spacious floor plan waiting for you! Both sides are currently being rented.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 22409072
- Subdivision:
- Van Eps Addn
ADDITIONAL INFORMATION
Great investment opportunity as a rental and/or a house hack to live on one side (once the lease is up) to build your real estate investment portfolio. Investors convenience to own two right next to each other. These offer 2 bedrooms, 1 bathroom, and an oversized single stall garage. Great spacious floor plan waiting for you! Both sides are currently being rented.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 22409019
- Subdivision:
- Grigsby Addn
ADDITIONAL INFORMATION
Great investment opportunity. Great ROI opportunity. This Tri-Plex has 3 bedrooms and and 1 bathroom on the main level. All new carpet on the main level. 3 bedroom recently vacant. The other 2 units are 2 bedroom and 1 bath. Both upstairs units are occupied. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 22408516
- Subdivision:
- Harrison'S Addn
ADDITIONAL INFORMATION
This well-maintained duplex features two 3 bedroom and 1 bath units. Both units have had numerous updates and include their own laundry as well as an attached garage. Upper unit has sliders to deck that lead to a fenced in backyard. Both units are currently leased, although the upper unit is a month to month lease offering potential for owner-occupancy! Each unit is separately metered, so tenants cover their own electricity and heat. Owners cover water only. Tenants are responsible for lawn and snow and all other utilities. Great income producing property with minimal expenses! With numerous updates throughout, this duplex is perfect for investors seeking to expand their portfolio!
$500,000
207 W 14 St Sioux Falls, SD 57104
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- 22408497
- Subdivision:
- Gales Addn
ADDITIONAL INFORMATION
Discover an exceptional opportunity in one of the best locations for a rental property! Nestled in vibrant downtown Sioux Falls, this triplex is just steps away from an array of local attractions, dining, and entertainment options. With the potential to build equity and boost rental income, this property attracts quality tenants who appreciate the area. Donâ??t miss out on this fantastic investmentâ??seize the chance before itâ??s gone! Please note the seller is a relative of the listing agent.
$3,200,000
4700 W 41st St Sioux Falls, SD 57106
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.24 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- 22408382
- Subdivision:
- Sunset Hill Addn
ADDITIONAL INFORMATION
Welcome to this fantastic investment opportunity! With 32 units, each featuring two bedrooms and one bath, spread across 8 buildings, this property offers both spacious living and investment potential. Convenient off-street parking ensures hassle-free accommodation for tenants. Situated on the west side, it's close to shopping, restaurants, and entertainment, making it highly desirable. The heating is efficient with a boiler system, and wall AC units provide comfort. Not only does this property offer immediate rental income, but it also holds potential for future commercial use on the land. Additionally, extra income streams are available through laundry facilities in each building, ensuring convenience for tenants and increased profitability for you as an investor. Don't miss out on this opportunity â?? check it out today!
$180,000
1018 E 6th St Sioux Falls, SD 57103
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 22408341
- Subdivision:
- City View Addn
ADDITIONAL INFORMATION
Opportunity knocks - at this income Opportunity duplex on the east side of town. Secured main entrance, off street parking, newer roof, corner lot and fully rented! Each unit has 2 bedrooms and 1 bathrooms. Each equipped with refrigerator, gas stove, microwave and window A/C. Ready to expand your portfolio or maybe get started in building one? This is your Opportunity! Schedule your showing today.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- 22408306
- Subdivision:
- McClellans Addn To West Sioux Fa
ADDITIONAL INFORMATION
Check out this well-maintained duplex in a prime location with an established history of reliable, paying tenants and excellent owner maintenance. This property is ideal for investors and owner-occupiers alike, boasting a stunning view of the iconic Cathedral and walkable access to downtown. Recent updates include a new roof, fresh concrete, and modernized interiors. Each unit offers spacious, refreshed living areas, with tenants enjoying the convenience of off-street parking and in-unit laundry. There's also an option to lease an additional garage space, and above the garage, rentable storage offers another potential income stream. Donâ??t miss this rare investment opportunity that combines style, location, and profitability! Seller says Bring An Offer!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.42 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 22408132
- Subdivision:
- Cottonwood Heights Addn
ADDITIONAL INFORMATION
Investment opportunity in a prime SW Sioux Falls location! This duplex features two units, each with 2 bedrooms and 2 bathrooms. Each unit includes private outdoor spaces with patios, a fenced yard, and a full-length tennis court. Perfectly positioned for convenience, this property places you within 1 mile from the grocery store, fitness centers, the Empire Mall, and a variety of restaurants. Each unit offers a comfortable layout that enhances tenant appeal, making this an excellent addition to your rental portfolio. Perfect for generating consistent rental income in a high-demand area of Sioux Falls.
$2,400,000
3500 W Hughes Pl Sioux Falls, SD 57108
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.29 Acres
- Year built:
- 2004
- Baths:
- MLS#:
- 22408816
- Subdivision:
- Platinum Valley 2nd
ADDITIONAL INFORMATION
Discover this investment opportunity in Sioux Falls, SD. This assembled portfolio of twin homes, built in 2004 and owned by one owner, boasts a history of strong occupancy. The portfolio includes the following addresses: 3500 W. Hughes Place, 3502 W. Hughes Place, 3512 W. Hughes Place, 3514 W. Hughes Place, 3516 W. Hughes Place, 3518 W. Hughes Place, 3600 W. Hughes Place, and 3602 W. Hughes Place. All the properties are located in a homeownerâ??s association (HOA). Please contact listing broker for details. NOTE: The seller prefers to sell the properties as a complete portfolio. These twin homes are ideally situated near schools, restaurants, retail shopping centers, and major highways, ensuring potentially consistent tenant demand, Each unit averages approximately 2,400 sq. ft. and features 4 bedrooms, 3 bathrooms, and attached two-stall garages. Current monthly rents range from $1,600 to $1,850, with potential for increases. New roofs in 2023 and the exteriors were painted in 2024. The portfolio consists of 8 rentable units, comprising 4 twin homes. The properties are located near retail stores along Louise Avenue, one of Sioux Fallsâ?? busiest commercial corridors. The area offers a variety of dining options, from fast food to casual dining and local favorites. Platinum Valley Park provides green space, a picnic area, a ball field, and other recreational facilities, while healthcare needs are well-supported with Sanford Health and Avera Health facilities nearby. The property also benefits from easy access to I-29 and I-229, ensuring straightforward commuting. This offering represents a rare opportunity to acquire a strategically located, historically high occupancy residential portfolio in the thriving Sioux Falls, SD market.
$1,594,800
7442 S Louise Ave Sioux Falls, SD 57108
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- 22408043
- Subdivision:
- Auburn Hills Addn
ADDITIONAL INFORMATION
Prime south side location for an exciting investment opportunity to own several individual condo units in the same building. All units are currently occupied and the historic occupancy rate is over 95%. Monthly HOA dues for professional management of building maintenance, plus insurance that even covers the inside of each condo. Elevator in the building allows easy access to all floors and units. Covenants in place to ensure units can not be used as short term rentals. This offering includes a mix of one bedroom/one bath condos and two bedroom/two bath condos. All of the condos included in this offering are individual units that can now be purchased with secondary market financing. Creative seller will consider home trades or owner financing. REALTOR owned.
$354,900
817 W 15th St Sioux Falls, SD 57104
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 22407175
- Subdivision:
- Folsom 2nd Addn
ADDITIONAL INFORMATION
Great Tri-Plex in Central Sioux Falls fully occupied. Building also comes with detached four stall garage, one for each unit and an extra stall for an owner who wants more storage. Main level and lower level boast two bedrooms and one bathroom each and upper level is a one bed one bath.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- 22406028
- Subdivision:
- Pitchers Addn
ADDITIONAL INFORMATION
Here's an investment opportunity right in the heart of Sioux Falls! Just walking distance from Sanford Hospital's main campus, this location is right in the middle of it all! This duplex offers a 3 bedroom one bathroom lower unit, and a 2 bedroom 1 bathroom plus den for the upper unit. Both units have long term/extended tenants. There is plenty of off street parking to be shared, and an entry level foyer. Don't miss out on this property that offers options of all kinds!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- 22404556
- Subdivision:
- Bergs Addn
ADDITIONAL INFORMATION
Nice side by side ranch duplex in Hilltop Area. Great income producing property! Both units newly remodeled and newer windows, bathroom & kitchen. Unit one has 2 bed 1 bath with finished basement with an additional non legal bedroom and potential to add a 2nd bath. Unit two has 2 bed 1 bath with potential for finished basement.
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Sioux Falls Real Estate
The median home value in Sioux Falls, SD is $308,600. This is higher than the county median home value of $291,500. The national median home value is $338,100. The average price of homes sold in Sioux Falls, SD is $308,600. Approximately 57.08% of Sioux Falls homes are owned, compared to 37.52% rented, while 5.41% are vacant. Sioux Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sioux Falls real estate agent to arrange a tour today!
Sioux Falls, South Dakota has a population of 189,258. Sioux Falls is more family-centric than the surrounding county with 34.63% of the households containing married families with children. The county average for households married with children is 34.14%.
The median household income in Sioux Falls, South Dakota is $66,761. The median household income for the surrounding county is $66,502 compared to the national median of $69,021. The median age of people living in Sioux Falls is 34.5 years.
Sioux Falls Weather
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 6.3 degrees. The average rainfall is approximately 26.7 inches per year, with 37.6 inches of snow per year.