$6,400,000

4203 S West Ave Sioux Falls, SD 57105

Central Sioux Falls Neighborhood

Estimated payment $40,588/month

Total Views 27,612
-- Beds
-- Baths
14,208 Sq Ft
$450 Price per Sq Ft

About This Home

A substantial 64-unit multifamily community positioned along South West Avenue — one of Sioux Falls' most active commercial and residential growth corridors. Assets of this scale attract institutional and private equity buyers alike, unlocking professional management efficiencies, strong per-door economics, and preferred financing structures. This unit has a Strong mix of 56 x 2 Bedroom units & 8 x 1 Bedroom units, along with 64 garages. Addresses for this property include the following: 4203 S WEST AVE,
4101 S WEST AVE, 4103 S WEST AVE, 4201 S WEST AVE, 4209 S WEST AVE, 4205 S WEST AVE, 4207 S WEST AVE, 4211 S WEST AVE

Listing Agent

Daniel Stillson

Gateway Real Estate Advisors Listed on: 04/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $65,357

Year Built

  • Built in 1975

Home Design

  • Composition Roof

Interior Spaces

  • 14,208 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Schools

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

Additional Features

  • 4.09 Acre Lot
  • Heating System Uses Natural Gas

Community Details

  • Adjustment Training Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$65,357

Year Built

Built in 1975

Lot Details

4.09 Acres

Listing Details

  • Year Built: 1975
  • Stories: 2
  • Elementary School: Laura Wilder ES
  • High School: Lincoln HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 4.0933
  • Lot Size: 92927
  • Co List Office Mls Id: 330001273
  • Subdivision Name: Adjustment Training
  • Directions: Maps
  • Living Area: 14208.0
  • Sale_Or_Rent: S
  • IDX_Include: Yes
  • REO_Or_Bank_Owned: No
  • Potential_Short_Sale: No
  • Inside_city_limitsYN: Yes
  • Price_Date: 2026-04-10
  • AA_Addl_Property_Info: None
  • Lvt_Date: 2026-04-10
  • First_Photo_Add_Dt: 2026-04-10T21:27:10.5
  • Comply_w_MLS_Section_5: Yes
  • Listing_Agent_Must_Be_Present_for_Offer: Yes
  • Occupant_Type: Tenant
  • Property_Subtype: Other
  • Unit_2_Rent: 800
  • Unit_1_Rent: 675
  • Unit_1_Number__Beds: 1
  • Unit_2_Number__Beds: 2
  • Exp___Other_Comments: Lawn & Snow
  • AN_Occupancy: 90-95%
  • AL_Unit_Features: Patio,Balcony Deck
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Community
  • Flooring: Carpet, Vinyl
  • Unit_2_Number__Baths: 1
  • Unit_1_Number__Baths: 1
  • Baths_Per_Unit: 1
  • Baths_Varies_By_Unit: No
  • Bedroom_Varies_By_Unit: Yes

Exterior Features

  • Roof: Composition, Tar/Gravel
  • Construction Type: Brick Veneer

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 178305.0

Tax Info

  • Tax Annual Amount: 65357.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,822 $65,107 $18,070 $47,037
2024 $5,822 $61,713 $17,128 $44,585
2023 $5,635 $55,106 $15,294 $39,812
2022 $5,031 $48,974 $13,592 $35,382
2021 $4,733 $44,840 $12,445 $32,395
2020 $4,560 $42,025 $11,664 $30,361
2019 $4,390 $39,497 $10,962 $28,535
2018 $4,318 $38,647 $10,726 $27,921
2017 $4,055 $35,603 $9,881 $25,722
2016 $4,027 $35,373 $9,817 $25,556
2015 $3,964 $34,426 $9,554 $24,872
2014 $3,964 $34,773 $9,650 $25,123
2013 $3,964 $35,302 $8,976 $26,326
Source: Public Records

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
04/10/2026 04/10/26 For Sale $6,400,000 -- $450 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22602497

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

4203 S West Ave, Sioux Falls, SD

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
Daniel Stillson
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Gateway Real Estate Advisors
(605) 524-2237
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