$164,900

Estimated payment $1,035/month

Total Views 1,851
-- Bed
-- Bath
1,187 Sq Ft
$139 Price per Sq Ft

About This Home

Income-producing triplex opportunity in central Sioux Falls! This property features three 1-bed, 1-bath units, offering a great investment for owner-occupants or investors alike. Two units are currently occupied—ability for setting new rents or living in one while leasing the others. Each unit offers easy-maintenance laminate flooring throughout, creating a clean and modern feel. Convenient off-alley parking provides tenants with accessible and private spaces. Located near downtown, parks, and shopping, this property combines affordability and location with great potential for cash flow! All new vinyl windows throughout in 2024!

Listing Agent

Jim Koch

eXp Realty - SF Allen Team Listed on: 10/07/2025

eXp Realty - SF Allen Team

Co-Listing Agent

Tara Allen

eXp Realty - SF Allen Team

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1942

Lot Details

  • 4,639 Sq Ft Lot
  • Lot Dimensions are 140x32

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Lowell Elementary School
  • George Mcgovern Middle School - Sioux Falls
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • Folsom 2Nd Addn Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$2,044

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Stories: 2
  • Elementary School: Lowell ES
  • High School: Thomas Jefferson High School
  • Property Type: MULTI-FAMILY
  • Lot Size: 140x32
  • Co List Office Mls Id: 765530610
  • Co List Office Mls Id: 765530610
  • Subdivision Name: Folsom 2nd Addn
  • Directions: From W 12th St, S on Grange Ave, E on W 13th St, S on Menlo Ave
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Full
  • Entry Location: Private

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: George McGovern MS - Sioux Falls

Lot Info

  • Lot Size Sq Ft: 4639.0

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2043.5

Map

Range of Values:

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ICE

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Average Value
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Sold Price
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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 $2,044 $120,100 $20,900 $99,200
2023 $2,215 $124,400 $21,800 $102,600
2022 $2,282 $121,500 $21,800 $99,700
2021 $2,496 $108,000 $0 $0
2020 $2,496 $128,800 $0 $0
2019 $2,406 $121,492 $0 $0
2018 $2,155 $117,663 $0 $0
2017 $1,985 $108,698 $14,289 $94,409
2016 $1,985 $99,403 $14,289 $85,114
2015 $2,000 $94,828 $13,448 $81,380
2014 -- $94,828 $13,448 $81,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $164,900 -- $139 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Purchase History

Date Type Sale Price Title Company
Warranty Deed $122,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,500 New Conventional
Source: Public Records

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22507673

REALTOR® Association of the Sioux Empire

APN: 31517