5208 W 47th St Sioux Falls, SD 57106
Southwest Sioux Falls NeighborhoodEstimated payment $2,526/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. Total asking price for both fourplexes is 800k.
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 |
|---|---|---|---|---|
| 2025 | $5,487 | $329,000 | $39,900 | $289,100 |
| 2024 | $5,487 | $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
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.
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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Ask me questions while you tour the home.