Sioux Falls SD Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1993
- Baths:
- MLS#:
- 22501880
- Subdivision:
- Klondike Addn
ADDITIONAL INFORMATION
Hard to find tri-plex in SE Sioux Falls neighborhood close to the bike trails! 2 units feature 4 bedrooms and 2 1/2 baths. The 3rd unit offers 3 bedrooms 2 1/2 baths. Each unit has a private garage stall and 1 parking place in the parking lot. These are 2 story units with the bedrooms, laundry with washer/dryers included and a full bath upstairs, living room, eat-in kitchen and 1/2 bath on the main level and a full basement featuring a family room, 3/4 bath and another bedroom! Each unit has its own furnace/ac/water heater. These are extremely spacious, in good condition and seldom have vacancies. Currently listed at a ~7.5 cap rate with room to increase NOI. Listing Agent is a member of the selling entity.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1993
- Baths:
- MLS#:
- 22501879
- Subdivision:
- Klondike Addn
ADDITIONAL INFORMATION
Hard to find tri-plex in SE Sioux Falls neighborhood close to the bike trails! 2 units feature 4 bedrooms and 2 1/2 baths. The 3rd unit offers 3 bedrooms 2 1/2 baths. Each unit has a private garage stall and 1 parking place in the parking lot. These are 2 story units with the bedrooms, laundry with washer/dryers included and a full bath upstairs, living room, eat-in kitchen and 1/2 bath on the main level and a full basement featuring a family room, 3/4 bath and another bedroom! Each unit has its own furnace/ac/water heater. These are extremely spacious, in good condition and seldom have vacancies. Currently being sold at ~8.1 cap rate with room to increase NOI. Listing Agent is a member of the selling entity.
$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#:
- 22501594
- 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!
$550,000
3511 E 3rd St Sioux Falls, SD 57103
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1996
- Baths:
- MLS#:
- 22501537
- Subdivision:
- Solar Gardens Addn
ADDITIONAL INFORMATION
Duplex with great potential, each unit has 4 bedrooms, 3 bathrooms, a 2 stall garage with laundry hook up-s, storage, and deck off dining area. 1 short block to Anne Sullivan Elementary, Kenny Anderson Park, Oak View Library and Park, and 2 blocks to Washington High School. Tenants pay all utilities. Sold as is, seller not making any repairs, deferred maintenance. Seller is willing to offer a qualified buyer creative financing at favorable interest rate.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 22501346
- Subdivision:
- Western Heights Addn
ADDITIONAL INFORMATION
If you've been looking for a great investment property - or the ability to live in one side of a duplex and rent out the other, this is it! Located across the street from lovely Marion park. This side-by-side duplex has been owned by the same person for 14 years and has had long-term tenants. These are huge units! Each side offers 3 bedrooms, 2 baths and an attached 1 car garage. They both have new carpet, vinyl plank flooring, and paint throughout. The unit on the east has a new kitchen! The main levels have HUGE living rooms, the kitchens (appliances included) and large dining areas. Upstairs is the master bedroom with big walk-in closet, a full bath with large vanity and a second bedroom with double closet. The lower levels have the 3rd bedroom with garden level windows, 3/4 bath and laundry room. The basement levels are a blank canvas! Add egress windows to create a 4th bedroom or finish as family rooms. Each unit has an enclosed area off of the back for storage and they each have a fenced yard. 5404 has a nice storage shed as well. Terrific westside location right across from the park!
$349,900
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#:
- 22501069
- 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:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 22500950
- Subdivision:
- Rowland Addn
ADDITIONAL INFORMATION
Fantastic centrally located duplex within walking distance of both Sanford Hospital and the VA Hospital near 22nd & Western Ave. and the Park Ridge shopping center. Great condition and well maintained units with a 3 bedroom, 2 bath unit on the main with updated oak cabinets and dishwasher, white trim, luxury vinyl plank floors in living room and huge 16x14 master bedroom w/WIC. Two add'l carpeted bedrooms and another full bath and large 14x9 dining room round out the unit. The upper unit is also super cute with an eat-in kitchen, white cabinets, dishwasher, 2 bedrooms with hard wood floors and large carpeted 16x13 living room. Each unit is separately metered for utilities, w/newer electrical panels, new water heaters and newer furnaces. The basement contains laundry hook ups and add'l storage. The two stall garage can be shared with one stall per tenant or used by the owner/occupant. Nice yard and landscaping. Permanent siding and brick on the exterior front. Bring your investors! They will be impressed.
$169,900
137 S Lake Ave Sioux Falls, SD 57104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 22500761
- Subdivision:
- Covell'S 2nd Addn
ADDITIONAL INFORMATION
1% Rule Achieved in this centrally located duplex in Sioux Falls, SD. This duplex has a lower level and upper level apartment that cash flows along with many updates throughout with room to add more equity.
- 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.
- 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.
$465,000
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.
$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!
$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.
- 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.