Lacie Packard
Keller Williams Realty Sioux Falls
(605) 501-6219
156 Total Sales
1 in Old Orchard
$249,000 Price
2805 E Bragstad Dr Sioux Falls, SD 57103
Old Orchard Neighborhood
22
Beds
18
Baths
13,404
Sq Ft
8,640
Sq Ft Lot
About This Home
As of July 20262805-09 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,500
Year Built
- Built in 1993
Parking
- 6 Car Detached Garage
Home Design
- 13,404 Sq Ft Home
Additional Features
- 8,640 Sq Ft Lot
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 038257
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,025
- Fuel Expense $345
- Gross Income $125,400
- Net Operating Income $79,612
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Orchard, SD
-
Lacie Packard
-
Anne Ferrell
Anne Ferrell
Responds QuicklyJamison Company Real Estate
(605) 800-7380
70 Total Sales
1 in Old Orchard
$247,250 Price
-
Shaina Goedtke
Shaina Goedtke
Keller Williams Realty Sioux Falls
(605) 640-6030
218 Total Sales
1 in Old Orchard
$249,000 Price
-
Suzie Bunkers
Suzie Bunkers
RE/MAX Professionals Inc
(605) 501-6817
52 Total Sales
1 in Old Orchard
$480,000 Price
-
Chris Chase
Chris Chase
Axen Realty LLC
(531) 625-3185
132 Total Sales
4 in Old Orchard
$208K - $364K Price Range
-
Todd Nelson
Todd Nelson
Harr & Lemme Real Estate
(605) 640-6518
77 Total Sales
1 in Old Orchard
$170,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | Sold | $1,120,000 | -13.2% | $84 / Sq Ft |
| 05/18/2026 05/18/26 | Pending | -- | -- | -- |
| 05/04/2026 05/04/26 | Price Changed | $1,290,000 | -0.8% | $96 / Sq Ft |
| 01/23/2026 01/23/26 | For Sale | $1,300,000 | -- | $97 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Nic Madsen
Seller's Agent in 2026
Nic Madsen
Gateway Real Estate Advisors
(712) 540-6562
1 in this area
139 Total Sales
-
Other Other
O
Buyer's Agent in 2026
Other Other
Other
(712) 255-8810
1 in this area
924 Total Sales
Map
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 831622
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.
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.
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