$2,750,000

Estimated payment $17,536/month

-- Bed
-- Bath
28,288 Sq Ft
$97 Price per Sq Ft

Highlights

  • 1.24 Acre Lot
  • Hot Water Heating System
  • Carpet
  • Memorial Middle School Rated A-

About This Home

32 unit multifamily investment opportunity consisting of eight 4 unit apartment buildings, with all units offering 2 bedrooms and 1 bathroom. The property is currently maintained at approximately 90-95% occupancy and is positioned along 41st Street, excellent visibility and convenient access to Interstate 29, employers, retail, dining, and other city conveniences, With frontage along 41st Street, one of Sioux Falls primary arterial roadways, this property presents an excellent opportunity for investors seeking to expand their multifamily portfolio or acquire a long-term income-producing asset in the Sioux Falls market.

Listing Agent

David Maske

Hegg, REALTORS Listed on: 07/01/2026

Hegg, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,182

Year Built

  • Built in 1971

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 28,288 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Firewall

Flooring

  • Carpet
  • Vinyl

Schools

  • Oscar Howe Elementary School
  • Memorial Middle School
  • Roosevelt High School

Additional Features

  • 1.24 Acre Lot
  • Hot Water Heating System

Community Details

  • 32 Units
  • Sunset Hill Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,182

Year Built

Built in 1971

Lot Details

1.24 Acres

Listing Details

  • Cross Street: Terry Ave
  • Year Built: 1971
  • Stories: 2
  • Elementary School: Oscar Howe ES
  • High School: Roosevelt HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 1.238
  • Lot Size: Varies
  • Security Features: Firewall(s)
  • Co List Office Mls Id: 765530022
  • Subdivision Name: Sunset Hill Addn
  • Directions: Interstate 1-29 and 41st Street, West to property
  • Living Area: 28288.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Composition
  • Construction Type: Brick, Stucco, Wood Siding
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Paved

Utilities

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

Schools

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

Lot Info

  • Zoning: RA 2
  • Lot Size Sq Ft: 53929.0

Multi Family

  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 32182.03

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/01/2026 07/01/26 For Sale $2,750,000 -- $97 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22604856

REALTOR® Association of the Sioux Empire
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