3900 S Hawthorne Ave Sioux Falls, SD 57105
Southwest Sioux Falls NeighborhoodEstimated payment $7,249/month
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,537
Year Built
- Built in 1973
Lot Details
- 30,944 Sq Ft 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
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 |
|---|---|---|---|---|
| 2024 | $12,537 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | Price Changed | $1,170,000 | -2.5% | $110 / Sq Ft |
| 02/04/2026 02/04/26 | For Sale | $1,200,000 | -- | $113 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22600771
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.