$529,900
$20K PRICE DROP

1035 N Spring Ave Sioux Falls, SD 57104

Estimated payment $3,233/month

Total Views 9,901
3 Beds
4 Baths
2,256 Sq Ft
$235 Price per Sq Ft

Highlights

  • Wood Flooring
  • Furnished
  • Patio
  • Patrick Henry Middle School Rated A-
  • Fireplace
  • Open Floorplan

About This Home

Unique turnkey opportunity near Downtown Sioux Falls has everything you need to start your investment dreams. This 4 unit home comes fully furnished, highly maintained and has a great history of short and mid term rental. Currently an AirBNB and Furnished Finder Super Host, The Garden House (unit 1 - sleeps 6), Meeting Place (unit 2 - sleeps 4), Victorian (unit 3, studio - sleeps 2), and Loft (unit 4 - sleeps 4), have been updated and restored, each with a gas stove, full kitchen set ups and dining areas. Manicured outdoor space offers landing/deck area for each units use, patio tables, chairs, and grills for guest use, as well as bikes to explore downtown, bike trails and parks. A total of 2,256 total square feet, laundry and extra storage space in basement, this property has it all. Blocks from Downtown Sioux Falls, Terrace Park, shopping, restaurants, nature areas and more!

Listing Agent

Tony Ratchford

Keller Williams Realty Sioux Falls Listed on: 04/23/2025

Keller Williams Realty Sioux Falls

Co-Listing Agent

Ashley Bartholomaus

Keller Williams Realty Sioux Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 88x158

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Metal Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Window Treatments
  • Open Floorplan
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Hawthorne Elementary School
  • Patrick Henry Middle School
  • Lincoln High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Shared Water Heater

Community Details

  • 4 Units
  • Brookings Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Four Plex
  • Estimated Finished Sq Ft: 2256
  • Inside City Limits: Yes
  • Legal Description: 17 & Lot 18 Block 7 Brookings Addition to City of Sioux Falls
  • Year Built: 1900
  • Misc Info: Separate Meters, Community Water Heater, Individual Heat and Air
  • Suffix: Avenue
  • Directions To Property: Russell St & Minnesota Ave, S to Brookings St, E to Spring Ave, S to property
  • Elementary School: Hawthorne ES
  • Geo Longitude: -96.733201
  • High School: Lincoln HS
  • Middle School: Patrick Henry MS
  • School District: Sioux Falls
  • Subdivision: Brookings Addn
  • Special Features: None
  • Stories: 2

Interior Features

  • Floors: Tile, Wood
  • Entrance: More than one per Unit, Private
  • Appliances: Refrigerator, Oven/Range, Washer, Dryer, Microwave, Some Units
  • Basement: Full
  • Price Per Sq Ft: 234.88
  • Number Of Stories: 2

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Off Side Street

Utilities

  • Air Conditioner: Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector

Condo/Co-op/Association

  • Unit Features: Window Covering, Furnished, Patio, Fireplace, Living/Dining Rm, Kitchen/Dining Rm, Some Units

Schools

  • School District: Sioux Falls
  • Elementary School: Hawthorne ES
  • Middle School: Patrick Henry MS
  • High School: Lincoln HS

Lot Info

  • Acres: 0.3192
  • Geo Subdivision: SD
  • Lot Dimensions: 88x158
  • Lot Size Sq Ft: 13904

Rental Info

  • Type of Tenancy: Negotiable

Tax Info

  • Assessor Parcel Number: 27466
  • Taxes: 4428.86

Multi Family

  • Bathrooms Per Unit: 1
  • Bathrooms Varies By Unit: Yes
  • Bedrooms Per Unit: 1
  • Bedroom Varies By Unit: Yes
  • Total Units: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,429 $256,000 $55,600 $200,400
2023 $4,234 $57,500 $55,600 $1,900
2022 $4,802 $251,900 $44,200 $207,700
2021 $3,521 $203,300 $0 $0
2020 $3,521 $175,000 $0 $0
2019 $2,447 $115,537 $0 $0
2018 $2,265 $112,122 $0 $0
2017 $2,260 $106,972 $23,000 $83,972
2016 $2,260 $105,888 $23,000 $82,888
2015 $2,225 $98,918 $20,909 $78,009
2014 $2,202 $98,918 $20,909 $78,009
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $529,900 -3.6% $235 / Sq Ft
04/23/2025 04/23/25 For Sale $549,900 -- $244 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Similar Home in Sioux Falls, SD

  • 4900 W 38th St, Sioux Falls, SD 57106

    $515,000

    • 6 Beds
    • 3 Baths
    • 3,220 Sq Ft
    • 4900 W 38th St
    • Sioux Falls, SD

    Duplex boasting 2 units with an extra living quarters and an incredible location. Located just a 1.5 blocks from Lake Lorraine, your and/or your tenants & guests will never run out of things to do (see for all the goings on around the lake). Walking trail, restaurants, shopping, grocery, bike trail, recreation, healthcare, parks, and schools are all just blocks away, and easy access to main

    Jon Fick 605 Real Estate LLC

    Section Image
See All Homes in Sioux Falls

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22502951

REALTOR® Association of the Sioux Empire

APN: 27466

South Dakota Minnehaha County Sioux Falls 57104

1035 N Spring Ave, Sioux Falls, SD

This home is located at 1035 N Spring Ave, Sioux Falls, SD 57104 and is currently priced at $529,900, approximately $234 per square foot. This property was built in 1900. 1035 N Spring Ave is a home located in Minnehaha County with nearby schools including Hawthorne Elementary School, Patrick Henry Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of the Sioux Empire The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.

Nearby Homes
Tony Ratchford
Listing Agent
Tony Ratchford
Section Image
Keller Williams Realty Sioux Falls
(605) 460-6701