$400,000
$35K PRICE DROP

Estimated payment $2,464/month

Total Views 9,739
-- Bed
-- Bath
3,888 Sq Ft
$103 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Marion 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.

Listing Agent

Ryan Olson

605 Real Estate LLC Listed on: 07/24/2025

Co-Listing Agent

Brad Stearns

605 Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1973

Lot Details

  • 10,799 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,888 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,622

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Stories: 2
  • Elementary School: Oscar Howe ES
  • High School: Roosevelt HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.2479
  • Lot Size: irregular
  • Security Features: Security Lights, Smoke Detector(s)
  • Co List Office Mls Id: 765530512
  • Co List Office Mls Id: 765530512
  • Subdivision Name: Covington Heights Addn
  • Directions: Travel North on Marion Rd, turn East on W 47th St. Property on North side of road.
  • Living Area: 3888.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Full
  • Owner Pays: Grounds Care, Snow Removal
  • Entry Location: Community
  • Flooring: Carpet, Tile, Wood

Exterior Features

  • Roof: Composition
  • Construction Type: HardiPlank Type
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water, Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: Memorial MS

Lot Info

  • Lot Size Sq Ft: 10799.0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4622.4

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 For Sale $400,000 0.0% $103 / Sq Ft
09/02/2025 09/02/25 Off Market $400,000 -- --
07/31/2025 07/31/25 Price Changed $400,000 -8.0% $103 / Sq Ft
07/24/2025 07/24/25 For Sale $435,000 -- $112 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22505748

REALTOR® Association of the Sioux Empire