$1,200,000

3900 S Hawthorne Ave Sioux Falls, SD 57105

Southwest Sioux Falls Neighborhood

Estimated payment $7,357/month

Total Views 10,582
-- Bed
-- Bath
10,620 Sq Ft
$113 Price per Sq Ft

Highlights

  • 0.71 Acre Lot
  • Forced Air Heating System
  • Carpet

About This Home

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!

Listing Agent

Jackson Dorhout

Alpine Residential Listed on: 02/04/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,537

Year Built

  • Built in 1973

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 155x228

Interior Spaces

  • 10,620 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Home Security

  • Security Lights
  • Fire and Smoke Detector

Schools

  • Laura Wilder Elementary School
  • Edison Middle School
  • Roosevelt High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 12 Units
  • Berrys Tom Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,537

Year Built

Built in 1973

Lot Details

0.71 Acres

Listing Details

  • Cross Street: W 47th St
  • Year Built: 1973
  • Stories: 2
  • Elementary School: Laura Wilder ES
  • High School: Roosevelt HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.7104
  • Lot Size: 155x228
  • Security Features: Fire Alarm, Security Lights, Smoke Detector(s)
  • Co List Office Mls Id: 765530568
  • Subdivision Name: Berrys Tom
  • Directions: From 41st St & Western Ave, E on 41st St, S on Hawthorne to complex.
  • Living Area: 10620.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Partial
  • Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer
  • Entry Location: Community
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Other
  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: Edison MS

Lot Info

  • Zoning: RA 1
  • Lot Size Sq Ft: 30944.0

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 12537.32

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $14,225 $836,800 $123,000 $713,800
2023 $14,335 $171,500 $123,000 $48,500
2022 $13,610 $720,700 $86,800 $633,900
2021 $13,624 $696,800 $0 $0
2020 $13,624 $696,800 $0 $0
2019 $11,297 $561,226 $0 $0
2018 $10,241 $538,627 $0 $0
2017 $10,344 $508,296 $82,261 $426,035
2016 $10,344 $508,296 $82,261 $426,035
2015 $10,859 $506,905 $80,870 $426,035
2014 $10,939 $506,905 $80,870 $426,035
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 For Sale $1,200,000 -- $113 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22600771

REALTOR® Association of the Sioux Empire
South Dakota Minnehaha County Sioux Falls 57105 Southwest Sioux Falls

3900 S Hawthorne Ave, Sioux Falls, SD

For Sale

MultiFamily

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.

REALTOR® Association of the Sioux Empire 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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Listing Agent
Jackson Dorhout
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Alpine Residential
(605) 702-2561
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