$253,000
SOLD JUL 10, 2025
5 Beds
3 Baths
2,416 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

  • Tile Flooring
  • Combination Kitchen and Dining Room
  • Family Room
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of July 2025

This well-maintained triplex features two 2 bedroom and 1 bath units, plus a cozy 1 bedroom 1 bath unit. Centrally located and just minutes from all Sioux Falls has to offer. Each unit is separately metered, so tenants cover their own electricity, while the landlord pays for gas and water. Tons of off-street parking out back, coin op laundry for additional income, and great rental history. With numerous updates throughout this is an ideal acquisition for investors seeking to expand their portfolio or for first-time investors looking to house-hack their way in.

Last Agent to Sell the Property

Blake Bohner

605 Real Estate LLC Listed on: 06/05/2025

Co-Listed By

Ryan Olson

605 Real Estate LLC

Last Buyer's Agent

Keegen Kleinwolterink

Keller Williams Realty Sioux Falls

Keller Williams Realty Sioux Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1890

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Composition Shingle Roof
  • Hardboard

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Family Room
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters

Community Details

  • 3 Units
  • Grigsby Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,761

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Triplex
  • Estimated Finished Sq Ft: 2416
  • Inside City Limits: Yes
  • Legal Description: LOT 12 BLOCK 4 GRIGSBY`S ADDN TO CITY OF SIOUX FALLS
  • Sp Percent Lp: 95.47
  • Year Built: 1890
  • Misc Info: Separate Meters, Individual Heat and Air, Dead Bolt
  • Suffix: Avenue
  • Directions To Property: From 14th/Minnesota Ave., 1block W., turn S. to triplex
  • Elementary School: Lowell ES
  • Geo Longitude: -96.733048
  • High School: Thomas Jefferson High School
  • Middle School: George McGovern MS - Sioux Falls
  • School District: Sioux Falls
  • Subdivision: Grigsby Addn
  • Special Features: None
  • Stories: 2

Interior Features

  • Floors: Carpet, Tile, Vinyl, Laminate
  • Entrance: More than one per Unit
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Microwave, Some Units
  • Basement: Full
  • Price Per Sq Ft: 104.72
  • Number Of Stories: 2

Exterior Features

  • Exterior: Hard Board
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Off Side Street

Utilities

  • Air Conditioner: Central Electric, Window Unit
  • Heating: Forced Air, Baseboard, Natural Gas, Electric
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector, Security Lighting

Condo/Co-op/Association

  • Unit Features: Carpets, Window Covering, Finished Basement, Family Room, Kitchen/Dining Rm, Common Utility Rm, Some Units

Schools

  • School District: Sioux Falls
  • Elementary School: Lowell ES
  • Middle School: George McGovern MS - Sioux Falls
  • High School: Thomas Jefferson High School

Lot Info

  • Acres: 0.1722
  • Geo Subdivision: SD
  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7501

Rental Info

  • Type of Tenancy: One Year Lease
  • Utility Included in Rent: Gas, Water, Trash Collection, Lawn Service, Snow Removal, Sewer

Tax Info

  • Assessor Parcel Number: 34038
  • Taxes: 2761

Multi Family

  • Bathrooms Per Unit: 1
  • Bedrooms Per Unit: 2
  • Bedroom Varies By Unit: Yes
  • Total Units: 3

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $187,850 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $253,000 -4.5% $105 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $265,000 -- $110 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Tax History Compared to Growth

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 $2,762 $160,900 $32,800 $128,100
2023 $2,559 $141,500 $30,200 $111,300
2022 $3,562 $189,600 $30,200 $159,400
2021 $2,374 $136,400 $0 $0
2020 $2,374 $119,600 $0 $0
2019 $2,289 $112,871 $0 $0
2018 $2,086 $109,826 $0 $0
2017 $1,965 $102,754 $22,100 $80,654
2016 $1,965 $95,484 $22,100 $73,384
2015 $1,538 $90,133 $20,800 $69,333
2014 $1,519 $90,133 $20,800 $69,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22504254

REALTOR® Association of the Sioux Empire

APN: 34038