Sioux Falls SD Multi Family for Sale
$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.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 2009
- Baths:
- MLS#:
- 22405570
- 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:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 2012
- Baths:
- MLS#:
- 22405575
- 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.
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Sioux Falls Real Estate
The median home value in Sioux Falls, SD is $308,600. This is lower than the county median home value of $343,600. 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 57108 has a population of 189,258. Sioux Falls 57108 is less family-centric than the surrounding county with 32.55% of the households containing married families with children. The county average for households married with children is 42.53%.
The median household income in Sioux Falls, South Dakota 57108 is $66,761. The median household income for the surrounding county is $87,560 compared to the national median of $69,021. The median age of people living in Sioux Falls 57108 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.