$1,700,000

Estimated payment $10,345/month

Total Views 8,329
-- Bed
-- Bath
17,616 Sq Ft
$97 Price per Sq Ft

Highlights

  • Gated with Attendant
  • 0.4 Acre Lot
  • Carpet

About This Home

Seventeen-unit multifamily investment positioned in an established South Sioux Falls neighborhood with immediate access to the city's dense retail and employment base. Mid-size assets of this type offer an optimal blend of cash flow stability and operational manageability — ideal for the investor seeking meaningful scale without the complexity of a large community. A strong income-producing asset in a city that continues to rank among the Midwest's fastest-growing markets.

Listing Agent

Daniel Stillson

Gateway Real Estate Advisors Listed on: 04/10/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,587

Year Built

  • Built in 1969

Interior Spaces

  • 17,616 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Schools

  • Lowell Elementary School
  • Edison Middle School
  • Roosevelt High School

Additional Features

  • 17,325 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

Overview

  • 17 Units
  • Folsom 2Nd Addn Subdivision

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,587

Year Built

Built in 1969

Lot Details

0.4 Acres

Listing Details

  • Year Built: 1969
  • Stories: 3
  • Elementary School: Lowell ES
  • High School: Roosevelt HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.3977
  • Lot Size: 17325
  • Security Features: Gated with Guard
  • Co List Office Mls Id: 330001273
  • Subdivision Name: Folsom 2nd Addn
  • Directions: Maps
  • Living Area: 17616.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Entry Location: Community
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Tar/Gravel
  • Construction Type: Brick Veneer

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: SiouxFalls
  • Middle Or Junior School: Edison MS

Lot Info

  • Lot Size Sq Ft: 17325.0

Multi Family

  • Number Of Units Total: 17

Tax Info

  • Tax Annual Amount: 14587.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,331 $1,249,700 $57,500 $1,192,200
2024 $20,331 $874,700 $57,500 $817,200
2023 $14,587 $105,100 $57,500 $47,600
2022 $14,245 $772,400 $47,600 $724,800
2021 $15,386 $848,200 $0 $0
2020 $15,386 $806,200 $0 $0
2019 $14,293 $732,397 $0 $0
2018 $12,875 $697,137 $0 $0
2017 $13,026 $659,744 $45,740 $614,004
2016 $13,026 $659,744 $45,740 $614,004
2015 $13,693 $657,053 $43,049 $614,004
2014 -- $657,053 $43,049 $614,004
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 For Sale $1,700,000 0.0% $97 / Sq Ft
10/04/2025 10/04/25 Off Market $825 -- --
04/04/2025 04/04/25 Price Changed $825 +10.0% $1 / Sq Ft
04/01/2025 04/01/25 Price Changed $750 -9.1% $1 / Sq Ft
03/12/2025 03/12/25 Price Changed $825 +32.0% $1 / Sq Ft
03/11/2025 03/11/25 For Rent $625 -- --
Source: REALTOR® Association of the Sioux Empire

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22602494

REALTOR® Association of the Sioux Empire
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