521 S Menlo Ave Sioux Falls, SD 57104
Pettigrew Heights NeighborhoodEstimated payment $1,035/month
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!
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
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 | $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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $122,000 | Stewart Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $91,500 | New Conventional |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22507673
APN: 31517
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