$1,299,000

5000 E 54th St Sioux Falls, SD 57110

Southeast Sioux Falls Neighborhood

Estimated payment $7,666/month

Total Views 216,766
-- Bed
-- Bath
9,878 Sq Ft
$132 Price per Sq Ft

About This Home

Luxury Living Meets Investment Opportunity in Southeast Sioux Falls!
Located in a brand-new upscale community, this four-unit property offers a rare blend of modern design, privacy, and prime location—just minutes from shopping, dining, and parks. Each spacious unit features 2,470 sq ft of high-end living space with 3 bedrooms, 3.5 bathrooms, and a main-level den perfect for a home office or flex space. Enjoy open-concept kitchens, cozy fireplaces, and expanded outdoor living with walkout patios and second-story decks.
Currently 50% complete, this is an ideal opportunity for investors to choose final finishes and maximize rental appeal. Don’t miss your chance to own a premier income-generating property in one of Sioux Falls’ most desirable areas!

Listing Agent

Monica Pluim

Coldwell Banker Empire Realty Listed on: 06/27/2025

Coldwell Banker Empire Realty

Co-Listing Agent

Darren Pluim

Coldwell Banker Empire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,882

Year Built

  • Built in 2022

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 154x77x167x184

Home Design

  • Slab Foundation

Interior Spaces

  • 9,878 Sq Ft Home
  • 3-Story Property

Kitchen

  • Microwave
  • Dishwasher

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Schools

  • John Harris Elementary School
  • Ben Reifel Middle School
  • Washington High School

Utilities

  • Multiple Heating Units

Community Details

  • 4 Units
  • Brooks Crossing Addition To The City Of Sioux Falls Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,882

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Year Built: 2022
  • Stories: 3
  • Elementary School: John Harris ES
  • High School: Washington HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.4496
  • Lot Size: 154x77x167x184
  • Security Features: Smoke Detector(s), Fire Sprinkler System
  • Co List Office Mls Id: 765530556
  • Co List Office Mls Id: 765530556
  • Subdivision Name: BROOKS CROSSING ADDITION TO THE CITY OF SIOUX FALLS
  • Directions: West on E 57th towards S Sycamore Ave, turn right onto Sycamore Ave, turn right onto E 54th St
  • Living Area: 9878.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Microwave
  • Basement: None
  • Entry Location: Private

Exterior Features

  • Roof: Other
  • Construction Type: Stucco, HardiPlank Type
  • Foundation Details: Poured, Slab

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Electric
  • Heating: Two or More Units
  • Sewer: Public Sewer
  • Water Source: Public, Community Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 19585.0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10881.58

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 $10,882 $643,000 $94,200 $548,800
2023 $3,031 $73,600 $73,600 $0
2022 $1,131 $39,200 $39,200 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 For Sale $1,299,000 -- $132 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

About the Listing Agent

Monica Pluim
Monica Pluim

Coldwell Banker Empire Realty

(605) 405-8940

Section Image

Born and raised in the Sioux Falls and surrounding areas, my husband, Darren, and I are experts in the real estate industry and would love to help you with buying or selling your home. Since 2014, we have taken our role very seriously in the buying and selling process, as a home is your greatest asset. We specialize in all residential properties, including acreages, investment properties and luxury properties. We are both licensed realtors in Iowa and Darren is also licensed in

View Monica's Profile

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22505002

REALTOR® Association of the Sioux Empire

APN: 95131

South Dakota Minnehaha County Sioux Falls 57110 Southeast Sioux Falls

5000 E 54th St, 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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Monica Pluim
Monica Pluim
Listing Agent Section Image
Coldwell Banker Empire Realty
(605) 405-8940