615 W Bennett St Sioux Falls, SD 57104
Terrace Park NeighborhoodEstimated payment $2,553/month
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.
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
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 | $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 |
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
MLS Number: 22602344
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Ask me questions while you tour the home.