3505 S Hawthorne Ave Sioux Falls, SD 57105
Southwest Sioux Falls NeighborhoodEstimated payment $4,823/month
Highlights
- Gated with Attendant
- Hot Water Heating System
- Carpet
- 0.47 Acre Lot
About This Home
Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns. A solid addition to any investment portfolio with dependable cash flow and value-add potential. Don’t miss your chance to own this income-producing multifamily property—schedule your showing or request financial details today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,610
Year Built
- Built in 1973
Lot Details
- 20,638 Sq Ft Lot
- Lot Dimensions are 127x162
Interior Spaces
- 3,552 Sq Ft Home
- 2-Story Property
- Partial Basement
Flooring
- Carpet
- Laminate
- Vinyl
Home Security
- Security Lights
- Fire and Smoke Detector
Schools
- Laura Wilder Elementary School
- Edison Middle School
- Roosevelt High School
Utilities
- Hot Water Heating System
Community Details
Overview
- 8 Units
- Miller's Subd Subdivision
Security
- Gated with Attendant
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,057 | $538,200 | $87,400 | $450,800 |
| 2024 | $9,057 | $460,800 | $87,400 | $373,400 |
| 2023 | $7,988 | $111,500 | $87,400 | $24,100 |
| 2022 | $7,335 | $383,600 | $52,100 | $331,500 |
| 2021 | $7,793 | $395,200 | $0 | $0 |
| 2020 | $7,793 | $395,200 | $0 | $0 |
| 2019 | $7,221 | $357,471 | $0 | $0 |
| 2018 | $6,592 | $342,869 | $0 | $0 |
| 2016 | $6,658 | $326,105 | $50,833 | $275,272 |
| 2015 | $6,936 | $322,716 | $47,444 | $275,272 |
| 2014 | $6,987 | $322,716 | $47,444 | $275,272 |
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 |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $760,000 | 0.0% | $214 / Sq Ft |
| 04/05/2026 04/05/26 | Off Market | $720 | -- | -- |
| 01/09/2026 01/09/26 | Price Changed | $720 | -3.4% | $1 / Sq Ft |
| 12/03/2025 12/03/25 | Price Changed | $745 | +2.8% | $1 / Sq Ft |
| 12/01/2025 12/01/25 | For Rent | $725 | -- | -- |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22603283
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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Ask me questions while you tour the home.