$1,299,000

5000 E 54th St Sioux Falls, SD 57110

Estimated payment $7,801/month

Total Views 69,387
12 Beds
-- Bath
9,878 Sq Ft
$132 Price per Sq Ft

Highlights

  • Balcony
  • Fireplace
  • Patio
  • John Harris Elementary School Rated A-
  • Attached Garage
  • Central Air

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

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Hardboard
  • Stucco

Interior Spaces

  • 9,878 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 95131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,882

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Four Plex
  • Estimated Finished Sq Ft: 9878
  • Inside City Limits: Yes
  • Legal Description: Lot 2D Block 1 Brooks Crossing Addition An Addn To The City Of Sioux Falls
  • Year Built: 2022
  • Misc Info: Separate Meters, Master Meter
  • Suffix: Street
  • Directions To Property: West on E 57th towards S Sycamore Ave, turn right onto Sycamore Ave, turn right onto E 54th St
  • Elementary School: John Harris ES
  • Geo Longitude: -96.662845
  • High School: Washington HS
  • Middle School: Ben REifel Middle School
  • School District: Sioux Falls
  • Subdivision: BROOKS CROSSING ADDITION TO THE CITY OF SIOUX FALLS
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Entrance: Private
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, All Units
  • Price Per Sq Ft: 131.5
  • Number Of Stories: 3

Exterior Features

  • Exterior: Stucco/Drivit, Hard Board
  • Foundation: Poured, Slab-on-Grade

Garage/Parking

  • Parking: Garage Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Two or More Units
  • Sewer: City Sewer
  • Water: City Water, Community Water
  • Safety Features: Smoke Detector, Sprinkler System

Condo/Co-op/Association

  • Unit Features: Wash/Dry Hookups, Patio, Balcony Deck, Fireplace, Kitchen/Dining Rm, All Units

Schools

  • School District: Sioux Falls
  • Elementary School: John Harris ES
  • Middle School: Ben REifel Middle School
  • High School: Washington HS

Lot Info

  • Acres: 0.4496
  • Geo Subdivision: SD
  • Lot Dimensions: 154x77x167x184
  • Lot Size Sq Ft: 19585

Tax Info

  • Assessor Parcel Number: 95131
  • Taxes: 10881.58

Multi Family

  • Bathrooms Per Unit: 4
  • Bedrooms Per Unit: 3
  • Total Units: 4

Map

Range of Values:

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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 Change Sq Ft Price
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

Coldwell Banker Empire Realty

(605) 405-8940

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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

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22505002

REALTOR® Association of the Sioux Empire

APN: 95131