5208 W 47th St Sioux Falls, SD 57106
Southwest Sioux Falls NeighborhoodEstimated payment $2,447/month
Highlights
- Wood Flooring
- Baseboard Heating
- 2-minute walk to Badlands Nat'l Park
- Memorial Middle School Rated A-
About This Home
Discover an exceptional investment in these side-by-side 4-plexes boasting a stellar rental history and strong cash flow potential. Each building features three spacious 2-bedroom, 1-bath units and one efficient 1-bedroom, 1-bath unit, with room for rent increases. Enjoy great layouts, wall AC, boiler heat, individually metered electric, and common area coin-op laundry. Utilities including water/sewer, gas, and trash are passed through to tenants. Ample rear parking plus a 4-stall garage for one building. Only one vacant unit, ideal for showings. Prime location ensures super rentability and low vacancies.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,715
Year Built
- Built in 1973
Lot Details
- 10,080 Sq Ft Lot
Home Design
- Composition Roof
Interior Spaces
- 3,744 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Flooring
- Wood
- Carpet
- Tile
Laundry
- Dryer
- Washer
Schools
- Oscar Howe Elementary School
- Memorial Middle School
- Roosevelt High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Covington Heights Addn Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,715 | $277,100 | $39,900 | $237,200 |
| 2023 | $4,645 | $57,700 | $33,200 | $24,500 |
| 2022 | $4,571 | $241,900 | $30,200 | $211,700 |
| 2021 | $4,217 | $217,500 | $0 | $0 |
| 2020 | $4,217 | $214,700 | $0 | $0 |
| 2019 | $3,908 | $194,251 | $0 | $0 |
| 2018 | $3,696 | $187,669 | $0 | $0 |
| 2017 | $3,734 | $183,914 | $30,701 | $153,213 |
| 2016 | $3,734 | $183,914 | $30,701 | $153,213 |
| 2015 | $3,931 | $183,914 | $30,701 | $153,213 |
| 2014 | $3,961 | $183,914 | $30,701 | $153,213 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $400,000 | 0.0% | $107 / Sq Ft |
| 09/02/2025 09/02/25 | Off Market | $400,000 | -- | -- |
| 07/31/2025 07/31/25 | Price Changed | $400,000 | -14.0% | $107 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $465,000 | -- | $124 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22505747
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Ask me questions while you tour the home.