2805 E Bragstad Dr Sioux Falls, SD 57103
Old Orchard NeighborhoodEstimated payment $8,088/month
Highlights
- Forced Air Heating System
- Washington High School Rated A-
- Carpet
About This Home
2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix:
Outside units: 4 Bed, 2.5 Bath
Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,500
Year Built
- Built in 1993
Home Design
- Block Foundation
- Composition Roof
Interior Spaces
- 5,000 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Schools
- Harvey Dunn Elementary School
- Ben Reifel Middle School
- Washington High School
Additional Features
- 8,640 Sq Ft Lot
- Forced Air Heating System
Community Details
- Klondike 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 | $8,842 | $540,800 | $36,900 | $503,900 |
| 2024 | $8,842 | $427,500 | $40,200 | $387,300 |
| 2023 | $7,158 | $408,800 | $40,200 | $368,600 |
| 2022 | $7,552 | $408,800 | $40,200 | $368,600 |
| 2021 | $6,839 | $339,700 | $0 | $0 |
| 2020 | $6,839 | $356,300 | $0 | $0 |
| 2019 | $6,564 | $334,589 | $0 | $0 |
| 2018 | $5,823 | $320,908 | $0 | $0 |
| 2017 | $5,731 | $296,545 | $31,428 | $265,117 |
| 2016 | $5,731 | $288,357 | $31,428 | $256,929 |
| 2015 | $5,843 | $278,424 | $29,682 | $248,742 |
| 2014 | $5,757 | $278,424 | $29,682 | $248,742 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Price Changed | $1,290,000 | -0.8% | $258 / Sq Ft |
| 01/23/2026 01/23/26 | For Sale | $1,300,000 | -- | $260 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22600489
APN: 38257
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.
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 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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