615 W Bennett St Sioux Falls, SD 57104
Terrace Park NeighborhoodEstimated payment $2,564/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 |
|---|---|---|---|---|
| 2025 | $4,965 | $296,600 | $34,200 | $262,400 |
| 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 |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Pending | -- | -- | -- |
| 04/07/2026 04/07/26 | For Sale | $419,900 | -- | $123 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22602344
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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