$275,000

Estimated payment $1,943/month

-- Bed
-- Bath
2,948 Sq Ft
$93 Price per Sq Ft

About This Home

Investment opportunity near downtown Sioux Falls! This triplex features one occupied 2-bedroom, 1-bath unit, along with two vacant 1-bedroom, 1-bath units. Located just blocks from downtown, tenants can enjoy convenient access to shopping, dining, entertainment, and major employers. While the building could benefit from repairs and updates, it presents an excellent value-add opportunity.
Whether you're looking to expand your rental portfolio or purchase your first multi-family property, this triplex offers income potential in a convenient location.

Listing Agent

Jeremy Simon

Keller Williams Realty Sioux Falls Listed on: 05/29/2026

Keller Williams Realty Sioux Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1903

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 92x75

Parking

  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2,948 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Schools

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

Utilities

  • Multiple Heating Units
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Bennett's 1St Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1903

Lot Details

6,900 Sq Ft Lot

Listing Details

  • Year Built: 1903
  • Stories: 2
  • Elementary School: Lowell ES
  • High School: Thomas Jefferson High School
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.1584
  • Lot Size: 92x75
  • Co List Office Mls Id: 765530454
  • Subdivision Name: Bennett's 1st Addn
  • Directions: Google Maps is correct
  • Living Area: 2948.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Partial
  • Owner Pays: Water, Trash Collection, Grounds Care, Snow Removal
  • Entry Location: Community,Private
  • Flooring: Carpet, Wood, Laminate

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Two or More Units, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: George McGovern MS - Sioux Falls

Lot Info

  • Zoning: Not Verified
  • Lot Size Sq Ft: 6900.0

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5421.07

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
2025 $5,399 $326,500 $25,100 $301,400
2024 $5,399 $258,200 $25,100 $233,100
2023 $5,031 $285,100 $25,100 $260,000
2022 $5,215 $280,000 $20,000 $260,000
2021 $3,210 $199,700 $0 $0
2020 $3,210 $163,100 $0 $0
2019 $3,207 $159,657 $0 $0
2018 $2,731 $140,700 $0 $0
2016 $2,759 $135,299 $27,281 $108,018
2015 $2,904 $135,299 $27,281 $108,018
2014 $2,926 $135,299 $27,281 $108,018
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2026 05/29/26 For Sale $275,000 -- $93 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22603838

REALTOR® Association of the Sioux Empire

APN: 25961

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