$419,900

Estimated payment $2,553/month

Total Views 391
-- Bed
-- Bath
3,422 Sq Ft
$123 Price per Sq Ft

Highlights

  • Gated with Attendant
  • Tile Flooring
  • Baseboard Heating
  • Patrick Henry Middle School Rated A-

About This Home

Attention Investors! This remodeled 4-plex in Sioux Falls offers the perfect blend of updated living space, income potential, and flexibility. Inside you’ll find three remodeled 2-bed/1-bath units and one oversized 1-bed/1-bath unit, each with its own garage stall. In 2022, three units were extensively updated with new sheetrock, flooring, paint, fixtures, kitchens, and bathrooms, creating modern spaces tenants love. Big-ticket updates include a brand-new roof and gutters, newer parking pad, and updated washer/dryer. The property also features coin-op laundry for extra income, separately metered electric, and a few newer A/C units. With a mix of lease terms already in place, you’ve got both stability and the option to adjust rents over time. Whether you’re looking for a solid addition to your portfolio or a way to step into ownership with tenants helping cover expenses, this 4-plex delivers. It’s a versatile, income-producing property in a strong rental area—don’t miss it.

Listing Agent

Blake Bohner

605 Real Estate LLC Listed on: 04/07/2026

Co-Listing Agent

Ryan Olson

605 Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1965

Lot Details

  • 10,538 Sq Ft Lot
  • Lot Dimensions are 75 x 140.5

Home Design

  • Composition Roof

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Schools

  • Hawthorne Elementary School
  • Axtell Park Middle School
  • Lincoln High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • North Park 2Nd Addn Subdivision

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,502

Year Built

Built in 1965

Lot Details

10,538 Sq Ft Lot

Listing Details

  • Year Built: 1965
  • Stories: 2
  • Elementary School: Hawthorne ES
  • High School: Lincoln HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.2419
  • Lot Size: 75 x 140.5
  • Security Features: Gated with Guard, Smoke Detector(s)
  • Co List Office Mls Id: 765530512
  • Co List Office Mls Id: 765530512
  • Subdivision Name: North Park 2nd Addn
  • Directions: N. Minnesota Ave. to W. Bailey St., W. to Duluth Ave., N. to Bennett St., W. to 4
  • Living Area: 3422.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Microwave
  • Basement: Full
  • Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer
  • Entry Location: Community
  • Flooring: Tile, Laminate

Exterior Features

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

Garage/Parking

  • Parking Features: Detached

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: Axtell Park MS

Lot Info

  • Lot Size Sq Ft: 10538.0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3502.0

Map

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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 $4,965 $213,600 $34,200 $179,400
2023 $3,712 $46,200 $34,200 $12,000
2022 $3,467 $180,900 $21,200 $159,700
2021 $3,790 $192,400 $0 $0
2020 $3,790 $192,100 $0 $0
2019 $3,528 $174,603 $0 $0
2018 $3,361 $168,325 $0 $0
2017 $3,394 $166,656 $21,013 $145,643
2016 $3,394 $166,656 $21,013 $145,643
2015 $3,533 $164,746 $19,103 $145,643
2014 $3,559 $164,746 $19,103 $145,643
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $419,900 -- $123 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22602344

REALTOR® Association of the Sioux Empire
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