$1,120,000

6801 W Gresford Place Sioux Falls, SD 57106

Estimated payment $7,637/month

Total Views 10,771
-- Bed
-- Bath
5,860 Sq Ft
$191 Price per Sq Ft

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Patio

About This Home

Discover an incredible income-generating opportunity with this well-maintained 4-unit multifamily property! This turnkey investment is perfect for both seasoned investors and those looking to build wealth through real estate. Each townhome has 3 spacious bedrooms on the same level, 2 and a half bathrooms, a 2 car attached garage, and in-unit washers and dryers. You'll have immediate cash flow, as all 4 of these townhomes are rented; no vacancy. Very low maintenance, as these units are only 4 years old and include window coverings and kitchen appliances. Even lower exterior maintenance with an HOA that covers lawn care, snow removal, and trash service. Add these units to your existing portfolio or start off with these great units!

Listing Agent

Maggie Miller

Hegg, REALTORS Listed on: 04/01/2025

Hegg, REALTORS

Co-Listing Agent

Ron Weber

Hegg, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,982

Year Built

  • Built in 2021

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Hardboard

Interior Spaces

  • 5,860 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Frontier Elementary School - Tea
  • Tea Middle School
  • Tea High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater

Additional Features

  • Patio
  • 0.34 Acre Lot

Community Details

  • 4 Units
  • Sf Galway Village Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,982

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Four Plex
  • Estimated Finished Sq Ft: 5860
  • Inside City Limits: Yes
  • Legal Description: Lots 6D, 6C, 6B, 6A Block 3 Galway Village Addn to City of Sioux Falls
  • Year Built: 2021
  • Misc Info: Separate Meters, Individual Water Heater, Individual Heat and Air
  • Suffix: Place
  • Directions To Property: 69th St & Sundowner Ave, W to Cain Ave, S to Gresford, W to Town Homes
  • Elementary School: Frontier Elementary School - Tea
  • Geo Longitude: -96.8107451786041
  • High School: Tea HS
  • Middle School: Tea MS
  • School District: Tea Area
  • Subdivision: SF - GALWAY VILLAGE
  • Special Features: None
  • Stories: 2

Interior Features

  • Floors: Carpet, Vinyl, Laminate
  • Entrance: Private
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Microwave, All Units
  • Price Per Sq Ft: 191.13
  • Number Of Stories: 2

Exterior Features

  • Exterior: Part Brick, Hard Board
  • Foundation: Slab-on-Grade
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Garage Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector

Condo/Co-op/Association

  • Unit Features: Carpets, Window Covering, Wash/Dry Hookups, Patio

Schools

  • School District: Tea Area
  • Elementary School: Frontier Elementary School - Tea
  • Middle School: Tea MS
  • High School: Tea HS

Lot Info

  • Acres: 0.34
  • Geo Subdivision: SD
  • Lot Dimensions: Lot Total for Building
  • Lot Size Sq Ft: 14810

Rental Info

  • Type of Tenancy: One Year Lease

Tax Info

  • Assessor Parcel Number: Multiple
  • Taxes: 18982.14

Multi Family

  • Bathrooms Per Unit: 2.5
  • Bedrooms Per Unit: 3
  • Total Units: 4

Map

Range of Values:

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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 $4,811 $286,048 $29,442 $256,606
2023 $4,557 $247,023 $23,172 $223,851
2022 $4,557 $73,369 $18,327 $55,042
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $1,120,000 -- $191 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22502166

REALTOR® Association of the Sioux Empire
South Dakota Lincoln County Sioux Falls 57064

6801 W Gresford Place, Sioux Falls, SD

This home is located at 6801 W Gresford Place, Sioux Falls, SD 57106 and is currently priced at $1,120,000, approximately $191 per square foot. This property was built in 2021. 6801 W Gresford Place is a home located in Lincoln County with nearby schools including Tea Area Legacy Elementary School, Tea Area Middle School, and Tea Area High School.

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.

REALTOR® Association of the Sioux Empire 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 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.

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Maggie Miller
Listing Agent
Maggie Miller
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Hegg, REALTORS
(605) 605-1273