$360,000

Estimated payment $2,308/month

Total Views 39,486
-- Bed
-- Bath
3,632 Sq Ft
$99 Price per Sq Ft

Highlights

  • Hot Water Heating System
  • Carpet
  • 3-minute walk to Lyon Park
  • Patrick Henry Middle School Rated A-

About This Home

Located in the heart of downtown Sioux Falls, this triplex presents an excellent opportunity for investors seeking reliable rental income and long-term growth. Its prime location near popular restaurants, shopping, and entertainment drives strong tenant appeal and occupancy potential. Whether expanding your portfolio or entering the investment market, this property offers a solid foundation for steady returns. Don’t miss the chance to own a high-demand asset in one of the city’s most desirable areas.

Listing Agent

Chris Chase

Axen Realty LLC Listed on: 04/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1913

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • Paved Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,632 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Microwave

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units
  • Gales Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1913

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Year Built: 1913
  • Stories: 2
  • Elementary School: Longfellow ES
  • High School: Lincoln HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.1148
  • Lot Size: 50x100
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 765530616
  • Subdivision Name: Gales Addn
  • Directions: Minnesota Ave at 14th St, E to207.
  • Living Area: 3632.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Full
  • Owner Pays: Gas, Trash Collection, Water
  • Entry Location: More than one per Unit
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: Patrick Henry MS

Lot Info

  • Lot Size Sq Ft: 5000.0

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4320.22

Map

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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
2025 $4,320 $262,600 $26,500 $236,100
2024 $4,320 $236,200 $26,500 $209,700
2023 $4,487 $256,300 $26,500 $229,800
2022 $5,492 $298,300 $26,500 $271,800
2021 $2,707 $128,000 $0 $0
2020 $2,707 $138,900 $0 $0
2019 $3,299 $167,056 $0 $0
2018 $3,364 $176,567 $0 $0
2017 $3,403 $170,897 $57,500 $113,397
2016 $3,403 $170,897 $57,500 $113,397
2015 $3,462 $164,647 $51,250 $113,397
2014 $3,491 $164,647 $51,250 $113,397
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 For Sale $360,000 -- $99 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

About the Listing Agent

Chris Chase

Axen Realty LLC

(605) 597-7515

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I am the broker/owner for Results Real Estate in Sioux Falls, SD! I have been in the industry for just shy of a decade and can't wait to help you accomplish your real estate goals! The real estate industry is changing and volume based, one-size-fits-all models are becoming less and less viable. We embrace the fact most clients situation is unique and due to our brokerage configuration, are able to develop unique plans/strategies to help our clients get to the finish line!

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22602708

REALTOR® Association of the Sioux Empire

APN: 32478

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