$2,500,000
$100K PRICE INCREASE

320 N Western Ave Sioux Falls, SD 57104

Estimated payment $16,063/month

Total Views 18,163
-- Bed
-- Bath
27,465 Sq Ft
$91 Price per Sq Ft

Highlights

  • Balcony
  • Patio
  • Baseboard Heating
  • Detached Garage
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

Sandy Creek Apartments is a 24-unit multifamily community located in Central Sioux Falls, South Dakota. Built in 1997, the property consists of a single three-story building situated on a well-positioned 1.23-acre lot. The asset offers approximately 27,465 square feet of rentable space across a mix of one-, two-, and three-bedroom layouts—designed to support steady rental demand and long-term occupancy. Each apartment features a functional floor plan ranging from 700 to 1,100 square feet, with in-unit washer and dryer hookups, wall-mounted A/C units, and either a patio or balcony for outdoor access. Residents enjoy surface parking, 24 detached garage stalls providing additional income potential, and scenic views of the nearby creek that borders the property. Sandy Creek offers an affordable, well-located housing option in a market where demand for mid-tier multifamily product continues to outpace supply. Centrally located at 320 N Western Ave, the property benefits from excellent proximity to the Denny Sanford Premier Center, downtown Sioux Falls, and major retail and employment corridors. The Central Sioux Falls submarket offers convenient access to I-29, public transit, and daily amenities, making Sandy Creek an attractive option for tenants seeking value, space, and accessibility in a growing regional hub.

Listing Agent

Brad Stearns

605 Real Estate LLC Listed on: 04/08/2025

Co-Listing Agent

Blake Bohner

605 Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,910

Year Built

  • Built in 1997

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Metal Siding

Interior Spaces

  • 27,465 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lowell Elementary School
  • George Mcgovern Middle School - Sioux Falls
  • Thomas Jefferson High School

Additional Features

  • 1.23 Acre Lot
  • Baseboard Heating

Community Details

  • 24 Units
  • Sandy Creek Addn Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 064980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,910

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Estimated Finished Sq Ft: 27465
  • Inside City Limits: Yes
  • Legal Description: Lot A1 SANDY CREEK ADDN TO CITY OF SIOUX FALLS SD
  • Year Built: 1997
  • Misc Info: Individual Heat and Air
  • Suffix: Avenue
  • Directions To Property: 12th St & Western, North to Property
  • Elementary School: Lowell ES
  • Geo Longitude: -96.7508459472656
  • High School: Thomas Jefferson High School
  • Middle School: George McGovern MS - Sioux Falls
  • School District: Sioux Falls
  • Subdivision: Sandy Creek Addn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Floors: Carpet, Laminate
  • Entrance: Community
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Some Units
  • Price Per Sq Ft: 91.02
  • Number Of Stories: 3

Exterior Features

  • Exterior: Part Brick, Metal/Vinyl
  • Foundation: Poured
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Garage Detached

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector, Security Lighting

Condo/Co-op/Association

  • Unit Features: Carpets, Window Covering, Patio, Balcony Deck, Kitchen/Dining Rm

Schools

  • School District: Sioux Falls
  • Elementary School: Lowell ES
  • Middle School: George McGovern MS - Sioux Falls
  • High School: Thomas Jefferson High School

Lot Info

  • Acres: 1.2279
  • Geo Subdivision: SD
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 53488
  • Zoning: RA 2

Rental Info

  • Type of Tenancy: Month to month, One Year Lease
  • Utility Included in Rent: Trash Collection, Lawn Service, Snow Removal, All Units

Tax Info

  • Assessor Parcel Number: 064980
  • Taxes: 32910

Multi Family

  • Bathrooms Per Unit: 1
  • Bathrooms Varies By Unit: Yes
  • Bedroom Varies By Unit: Yes
  • Total Units: 24

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

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $2,500,000 -13.0% $91 / Sq Ft
06/11/2025 06/11/25 Price Changed $2,875,000 +19.8% $105 / Sq Ft
04/08/2025 04/08/25 For Sale $2,400,000 -- $87 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22502449

REALTOR® Association of the Sioux Empire