Investment - Homes for Sale in Sioux Falls, SD

don't miss out on this 1.5 story Single Family, centrally located just north of Down Town Sioux Falls. Property has been well maintained with recent improvements to roof, water heater and interior of the house. Perfect if you're looking for an investment opportunity. there are total of 5 bedrooms with detached two car garage and oversized backyard with privacy fence.

Alem Gabremariam Keller Williams Realty Sioux Falls

Charming and full of potential, this 2-bedroom, 1-bath home offers comfortable living spaces and great outdoor features. Step onto the welcoming front deck and into a bright living room filled with natural light. A separate dining area flows into an efficient kitchen, making everyday living easy. Both bedrooms have direct access to a shared 3⁄4 bath. The unfinished basement provides excellent

Aaron Rietsema Alpine Residential

Excellent investment opportunity! This tri-plex features three spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms with functional, open layouts that appeal to long-term tenants. The units are generously sized and designed for comfortable living, contributing to consistently high occupancy. Situated on a large lot with additional land, this property offers future flexibility

Nicholas Blau Real Broker LLC

This immaculately maintained four-plex is located in a highly desirable area & presents an excellent investment opportunity. The property features four spacious townhome-style units, offering over 5,000 square feet of total multi-unit living space. Each unit includes two bedrooms & one-&-a-half baths & is equipped with central HVAC, walk-in closets, dura-vinyl hardwood flooring, carpet, & the

Brandyn Vetos Amy Stockberger Real Estate

Historic Charm Meets Modern Living – Step into timeless elegance with this beautifully maintained triplex nestled in the heart of Sioux Falls. This classic property seamlessly blends historic character with modern updates, offering a unique investment or multi-family living opportunity in one of the city's most vibrant neighborhoods. Featuring a distinctive architectural style, each unit

Jim Koch eXp Realty - SF Allen Team

If you're looking for simple, luxury living on one level--this just might be your next home. Newer flooring can be appreciated with an updated kitchen. A nice sized living room can be configured many ways. Two bedrooms are enhanced by a large completely renovated bathroom. A second luxurious bathroom is located downstairs where a work out area, craft room or office could be added. Need a large

Deborah Pulscher Real Estate Retrievers of Sioux Falls

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through

Jackson Dorhout Alpine Residential

Discover an exceptional investment in these side-by-side 4-plexes boasting a stellar rental history and strong cash flow potential. Each building features three spacious 2-bedroom, 1-bath units and one efficient 1-bedroom, 1-bath unit, with room for rent increases. Enjoy great layouts, wall AC, boiler heat, individually metered electric, and common area coin-op laundry. Utilities including

Ryan Olson 605 Real Estate LLC

Don't miss this rare chance to own a fully occupied triplex in a highly sought-after central location! This well-maintained property offers strong, consistent cash flow and long-term investment stability. Each unit is tenant-occupied, generating immediate income from day one. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart addition with

Mallory Kuiper Hegg, REALTORS

Fully leased 6-plex with a strong rental history and excellent potential for future rent growth. This well-performing investment property offers steady occupancy supported by on-site coin-operated laundry, detached garages, and ample parking. Tenants enjoy convenient amenities, while owners benefit from consistent cash flow and low vacancy. There is also an opportunity to increase income by

Jackson Dorhout Alpine Residential

Great opportunity to own a well-maintained 4-plex in southwest Sioux Falls. Located in a strong rental corridor near schools, employment centers, and major retail, this property offers stable income and long-term investment potential. Each unit features a comfortable 2-bed/1-bath layout with an efficient floor plan, modern finishes, dishwasher, in-unit A/C, and shared laundry facilities.

Alex Soundy Bender REALTORS

Located just a few blocks from Augustana University and a short distance from both the University of Sioux Falls and Sanford Hospital, this 6 bedroom, 3 bath home offers a fantastic investment opportunity in a highly desirable central location. Inside you’ll find an ample amount of living space featuring a bright kitchen with abundant oak cabinetry, multiple living areas to spread out, and a

Nick Eichacker Falls Real Estate

Corner lot with hard to find 2 stall garage and a spacious fenced yard with privacy hedge! Practical 2 bedroom slab on grade Ranch in convenient area close to downtown & interstate! Living Room with Electric FP and accent wall. Large mudroom / drop zone great for kids, storage etc. Washer & Dryer included as well as Radon Mitigation System. Great smaller home, starter home or investment property!

Heather Olson Hegg, REALTORS

Move-In Ready | Low-Maintenance Living | Prime SE Sioux Falls Welcome to effortless living in this well-maintained 1-bedroom, 1-bath townhome located in one of southeast Sioux Falls’ most desirable communities. Conveniently close to Sioux Falls Christian, GreatLIFE, Starbucks, Hy-Vee, Prairie Green Golf Course, Tinner’s, and more, this location makes everyday living easy and enjoyable. Built in

Lynne Forbes South Eastern Development Foun

Welcome home to this bright and clean 1-bedroom, 1-bath townhome, perfectly located for both convenience and comfort. Nestled in a desirable neighborhood, this well-maintained home offers easy access to shops, schools, dining, & parks — everything you need is just minutes away. Inside, you’ll find a clean, move-in-ready interior with a functional layout, and plenty of natural light. The HOA takes

Brittani Frederick Alpine Residential

Turnkey Triplex Near Sanford Health – Immediate Cash Flow Rare opportunity to own a fully occupied 3-unit income property in a high-demand rental corridor near one of the area’s largest employers. Investment Highlights: 3 Units | 1 Bed / 1 Bath Each 100% Occupied – Immediate Rental Income Strong tenant demand due to proximity to major medical campus Lower-level walkout unit with private entrance

Sam Hahn eXp Realty

**Open House Saturday 2/21/26 1-2:30pm** Welcome to 115 S Grange Ave - This versatile property is an excellent opportunity for both new homeowners and investors alike. Conveniently located near downtown Sioux Falls, major medical and school campuses, shopping, dining, this home offers easy access to everything the city has to offer. This spacious 4 bedrooms, 1 full bath, 2 stall garage with

Josh Rome eXp Realty

This is a charming ranch style home. It is great for a first time buyer! The main floor has 2 bedrooms a full bathroom, kitchen, formal dining room, & living room. The original hardwood floors run throughout the main level! The lower level has a 3rd bedroom, 3/4 bathroom, family room, & a non-legal bedroom/office. The laundry/mechanical room is huge! The backyard is completely fenced in with a

Heather Elrod Hegg, REALTORS

Expanding your investment portfolio or just starting, this central Sioux Falls duplex is an opportunity you want to learn more about. Each unit has a finished attic and basement laundry. Breaker box electric panels.

Brent Baker eXp Realty

Prime Investment Opportunity in Central Sioux Falls!Welcome to 611 N Walts Ave, a versatile non-conforming duplex offering strong income potential and flexible living options. The main and upper levels feature a spacious 2-bedroom, 1-bath unit, while the additional upper unit includes a 1-bedroom, 1-bath layout—ideal for rental income, owner-occupancy, or the possibility of a mother-in-law

Jim Koch eXp Realty - SF Allen Team

Great opportunity to own a well-maintained 4-plex in southwest Sioux Falls. Located in a strong rental corridor near schools, employment centers, and major retail, this property offers stable income and long-term investment potential. Each unit features a comfortable 2-bed/1-bath layout with an efficient floor plan, modern finishes, dishwasher, in-unit A/C, and shared laundry facilities.

Alex Soundy Bender REALTORS

Are you a first time home buyer or looking for an investment property? This home checks those boxes. Plus, with an acceptable offer, buyers can pick the exterior color and have the home painted in the Spring if desired! Features include 2 bedrooms on the main with a large bedroom upstairs, well maintained hardwood floors, an abundance of natural light, an over sized one stall garage and a large

Carrie Randazzo Keller Williams Realty Sioux Falls

Four-plex investment opportunity featuring four spacious 2-bedroom, 1-bath apartment-style units. Each unit offers a functional layout with generous living space and the rare large unfinished basement, providing excellent storage and future value-add potential. Two units include attached single-stall garages, while the remaining two units have detached single-stall garages, offering added tenant

Nicholas Blau Real Broker LLC

Check out this fantastic triplex just steps from downtown Sioux Falls—an excellent investment opportunity in a highly desirable location! Each of the three units offers a 1 bedroom, 1 bathroom layout with recent updates throughout, including fresh paint, new carpet, and vinyl flooring in all units. Unit #2 stands out with a remodeled kitchen and bathroom, plus updated light fixtures and hardware.

Jackson Dorhout Alpine Residential

Discover an exceptional investment in these side-by-side 4-plexes boasting a stellar rental history and strong cash flow potential. Each building features three spacious 2-bedroom, 1-bath units and one efficient 1-bedroom, 1-bath unit, with room for rent increases. Enjoy great layouts, wall AC, boiler heat, individually metered electric, and common area coin-op laundry. Utilities including

Ryan Olson 605 Real Estate LLC

202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD. This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a turnkey solution for

Daniel Stillson Gateway Real Estate Advisors

Fantastic Investment Opportunity – 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units—ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future.The first building features 4 units, and the

Rob Kurtenbach Bender REALTORS

Great opportunity to own a well-maintained 4-plex in southwest Sioux Falls. Located in a strong rental corridor near schools, employment centers, and major retail, this property offers stable income and long-term investment potential. Each unit features a comfortable 2-bed/1-bath layout with an efficient floor plan, modern finishes, dishwasher, in-unit A/C, and shared laundry facilities.

Alex Soundy Bender REALTORS

Don't miss this well-maintained duplex featuring two spacious 3-bedroom, 1-bath units—each with its own laundry & attached garage. Both units have been thoughtfully updated & are separately metered, allowing tenants to cover their own electricity & heat. The upper unit features sliding doors that open to a newer 12x12 deck (2022), all new vinyl flooring throughout (2025), new interior paint

Brandyn Vetos Amy Stockberger Real Estate

Conveniently located near Downtown Sioux Falls with quick access to shopping, dining, parks, and major roadways — this duplex at 308 and 310 S Walts Ave offers a great opportunity for both investors and owner-occupants. The upper and lower units each provide practical living layouts suited for reliable rental demand in the 57104 area. With a solid rental history and strong demand for housing in

Aiden Schoenhard Ekholm Team Real Estate