$10,100,000

Estimated payment $54,736/month

Total Views 6,311
-- Bed
-- Bath
33,552 Sq Ft
$301 Price per Sq Ft

Highlights

  • 0.77 Acre Lot
  • Washington High School Rated A-
  • Carpet

About This Home

101-unit multifamily community across 9 buildings featuring 57 two-bedrooms and 44 one-bedrooms. Two buildings were constructed in 2016 with the remaining 7 built in 1976, offering a natural value-add opportunity. 44 on-site garages provide a strong ancillary income stream. At 101 units, this asset supports professional third-party management, reducing operational burden while maximizing net returns. Positioned along E 26th Street with direct access to Dawley Farm Village and Veterans Parkway, all backed by Sioux Falls' no state income tax environment and a deep, durable renter base.

Listing Agent

Daniel Stillson

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,464

Year Built

  • Built in 1976

Parking

  • Paved Parking

Home Design

  • Composition Roof

Interior Spaces

  • 33,552 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Schools

  • Harvey Dunn Elementary School
  • Ben Reifel Middle School
  • Washington High School

Additional Features

  • 33,552 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 101 Units
  • Stoney Hollow Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,464

Year Built

Built in 1976

Lot Details

0.77 Acres

Listing Details

  • Year Built: 1976
  • Stories: 3
  • Elementary School: Harvey Dunn ES
  • High School: Washington HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.7702
  • Lot Size: 33552
  • Co List Office Mls Id: 330001273
  • Subdivision Name: Stoney Hollow Addn
  • Directions: Maps
  • Living Area: 33552.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Entry Location: Community
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

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

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: Ben REifel Middle School

Lot Info

  • Lot Size Sq Ft: 33552.0

Multi Family

  • Number Of Units Total: 101

Tax Info

  • Tax Annual Amount: 10464.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $104,959 $6,370,500 $610,100 $5,760,400
2024 $104,645 $6,265,100 $610,100 $5,655,000
2023 $103,738 $5,913,400 $530,900 $5,382,500
2022 $100,041 $5,393,600 $392,700 $5,000,900
2021 $83,619 $4,327,400 $0 $0
2020 $83,619 $4,330,200 $0 $0
2019 $77,234 $3,910,133 $0 $0
2018 $69,498 $3,713,597 $0 $0
2017 $47,152 $3,520,148 $343,632 $3,176,516
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 For Sale $10,100,000 0.0% $301 / Sq Ft
09/04/2024 09/04/24 For Rent $835 -- --
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22602498

REALTOR® Association of the Sioux Empire
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