227 N Spring Ave Sioux Falls, SD 57104
Cathedral NeighborhoodEstimated payment $2,095/month
Highlights
- Wood Flooring
- Patrick Henry Middle School Rated A-
- 3-minute walk to Van Eps Park
About This Home
Step into timeless character with this beautifully maintained triplex located in the heart of Sioux Falls. Blending historic charm with thoughtful modern updates, this property offers a fantastic opportunity for investors or owner-occupants looking for income potential. Each unit features original hardwood floors that showcase the home’s classic character, along with spacious living areas filled with natural light. Updated kitchens include contemporary finishes and essential appliances, providing both style and everyday functionality. Designed with comfort and privacy in mind, all three units offer generous layouts that maximize living space. Outside, the property boasts attractive curb appeal with well-maintained landscaping. Conveniently located near parks, dining, shopping, and downtown amenities, this triplex offers a rare opportunity to own a charming, income-producing property in one of Sioux Falls’ most desirable areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,058
Year Built
- Built in 1921
Lot Details
- 3,696 Sq Ft Lot
- Lot Dimensions are 44x84
Home Design
- Block Foundation
- Composition Roof
Interior Spaces
- 1,966 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Flooring
- Wood
- Laminate
Laundry
- Dryer
- Washer
Schools
- Hawthorne Elementary School
- Mcgregor Middle School
- Thomas Jefferson High School
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Bennett's 1St Addn Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,006 | $244,500 | $12,800 | $231,700 |
| 2024 | $4,006 | $182,700 | $12,800 | $169,900 |
| 2023 | $2,993 | $170,100 | $12,800 | $157,300 |
| 2022 | $2,797 | $150,100 | $10,200 | $139,900 |
| 2021 | $2,637 | $149,100 | $0 | $0 |
| 2020 | $2,637 | $136,300 | $0 | $0 |
| 2019 | $3,281 | $167,160 | $0 | $0 |
| 2018 | $2,762 | $146,878 | $0 | $0 |
| 2017 | $2,778 | $140,354 | $9,884 | $130,470 |
| 2016 | $2,778 | $139,530 | $9,060 | $130,470 |
| 2015 | $2,773 | $131,814 | $9,060 | $122,754 |
| 2014 | $2,473 | $131,814 | $9,060 | $122,754 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2026 05/22/26 | For Sale | $339,900 | 0.0% | $173 / Sq Ft |
| 05/14/2026 05/14/26 | Pending | -- | -- | -- |
| 03/10/2026 03/10/26 | For Sale | $339,900 | -- | $173 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22601670
APN: 25832
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Ask me questions while you tour the home.