$275,000
$20K PRICE DROP

704 W Bailey St Sioux Falls, SD 57104

Estimated payment $1,740/month

Total Views 7,893
4 Beds
2 Baths
1,750 Sq Ft
$157 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Veterans' Memorial Park
  • Patrick Henry Middle School Rated A-
  • 1-Story Property

About This Home

Investors take note! Here is a chance to own a property that has been remodeled but still has room to grow equity. House hack one side and rent out the other, or rent them both out. Each side is 2 bed 1 bath and been completely remodeled with new kitchens, bathrooms, flooring, paint, and light fixtures. Basement is unfinished and has room to add equity. An egress window is already put in both sides. All utilities are separately metered which keeps cost low. No need to sweat the heat this summer because both central ACs have been replaced in the last two years. One of the owners is a licensed real estate agent in South Dakota.

Listing Agent

James Kats

Keller Williams Realty Sioux Falls Listed on: 06/11/2025

Keller Williams Realty Sioux Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1979

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 80x84

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

  • Hawthorne Elementary School
  • Patrick Henry Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Heater

Community Details

  • 2 Units
  • North Park Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,302

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Duplex
  • Estimated Finished Sq Ft: 1750
  • Inside City Limits: Yes
  • Legal Description: W 84' 3 & 4 & W 84' N 14' LOT 5 BLOCK 1 NORTH PARK ADDN TO CITY OF SIOUX FALLS
  • Year Built: 1979
  • Misc Info: Separate Meters, Individual Water Heater, Individual Heat and Air
  • Suffix: Street
  • Directions To Property: Minnesota and Russel west to Prairie. Prairie south to Bailey
  • Elementary School: Hawthorne ES
  • Geo Longitude: -96.736788
  • High School: Lincoln HS
  • Middle School: Patrick Henry MS
  • School District: Sioux Falls
  • Subdivision: North Park Addn
  • Special Features: None
  • Stories: 1

Interior Features

  • Floors: Carpet, Vinyl
  • Entrance: Private
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, All Units
  • Basement: Full
  • Price Per Sq Ft: 157.14
  • Number Of Stories: 1

Exterior Features

  • Exterior: Wood
  • Foundation: Block
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Off Side Street

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer
  • Water: City Water, Separate Meters
  • Safety Features: Smoke Detector

Condo/Co-op/Association

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

Schools

  • School District: Sioux Falls
  • Elementary School: Hawthorne ES
  • Middle School: Patrick Henry MS
  • High School: Lincoln HS

Lot Info

  • Acres: 0.1543
  • Geo Subdivision: SD
  • Lot Dimensions: 80x84
  • Lot Size Sq Ft: 6720
  • Zoning: Not Verified

Rental Info

  • Type of Tenancy: One Year Lease
  • Utility Included in Rent: Lawn Service, Snow Removal

Tax Info

  • Assessor Parcel Number: 040741
  • Taxes: 3302

Multi Family

  • Bathrooms Per Unit: 1
  • Bedrooms Per Unit: 2
  • Total Units: 2

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 $3,302 $194,600 $26,900 $167,700
2023 $3,167 $177,300 $26,900 $150,400
2022 $3,126 $165,600 $21,400 $144,200
2021 $2,452 $128,500 $0 $0
2020 $2,452 $123,800 $0 $0
2019 $2,247 $110,570 $0 $0
2018 $2,060 $106,451 $0 $0
2016 $2,056 $99,818 $18,304 $81,514
2015 $2,130 $98,154 $16,640 $81,514
2014 $2,106 $98,154 $16,640 $81,514
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $275,000 -3.5% $157 / Sq Ft
06/30/2025 06/30/25 Price Changed $285,000 -3.4% $163 / Sq Ft
06/11/2025 06/11/25 For Sale $295,000 -- $169 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22504444

REALTOR® Association of the Sioux Empire

APN: 40741

South Dakota Minnehaha County Sioux Falls 57104

704 W Bailey St, Sioux Falls, SD

This home is located at 704 W Bailey St, Sioux Falls, SD 57104 and is currently priced at $275,000, approximately $157 per square foot. This property was built in 1979. 704 W Bailey St is a home located in Minnehaha County with nearby schools including Hawthorne Elementary School, Patrick Henry Middle School, and Lincoln 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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Listing Agent
James Kats
Section Image
Keller Williams Realty Sioux Falls
(605) 370-5913