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Investment - Homes for Sale in Sioux Falls, SD

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  • /29

    $360,000

    • 5 Beds
    • 5 Baths
    • 2,200 Sq Ft

    1118 W 8th St, Sioux Falls, SD 57104

    This updated 5-unit property offers excellent investment potential with a proven rental track record. Recent improvements include a newer roof and freshly painted exterior for long-term durability and curb appeal. Most units feature remodeled interiors with updated paint, flooring, and lighting. The basement unit was fully renovated with a modern kitchen, tile shower, and contemporary finishes

    Agent Photo

    Chris Chase

    Results Real Estate

    (605) 599-1983

    1118 W 8th St, Sioux Falls, SD 57104
  • /14

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft

    1104 S Cleveland Ave, Sioux Falls, SD 57103

    Welcome to your next home, perfectly located on the east side of Sioux Falls! This 4-bedroom, 2-bath gem is full of updates and charm. From the moment you step inside, you’ll notice the care and improvements that make this home move-in ready. The main level offers a comfortable layout with updated finishes and plenty of natural light. The kitchen and living areas provide great everyday

    Agent Photo

    Shaina Goedtke

    Keller Williams Realty Sioux Falls

    (605) 597-8466

    1104 S Cleveland Ave, Sioux Falls, SD 57103
  • /20

    $699,000

    • Studio
    • 4,594 Sq Ft

    3700 W 93rd St, Sioux Falls, SD 57108

    Excellent Investment Opportunity in South Sioux Falls! Located in the highly sought-after Harrisburg School District, this well-maintained multi-family property offers strong rental potential. Each unit features 2 spacious bedrooms, 1 full bath, in-unit laundry, and an attached garage—making it a desirable choice for tenants. There are 6 garage spaces total: the two lower units each have a

    Agent Photo

    Monica Pluim

    Coldwell Banker Empire Realty

    (605) 657-4828

    3700 W 93rd St, Sioux Falls, SD 57108
  • /12

    $1,299,000

    • 12 Beds
    • 9,878 Sq Ft

    5000 E 54th St, Sioux Falls, SD 57110

    Luxury Living Meets Investment Opportunity in Southeast Sioux Falls! Located in a brand-new upscale community, this four-unit property offers a rare blend of modern design, privacy, and prime location—just minutes from shopping, dining, and parks. Each spacious unit features 2,470 sq ft of high-end living space with 3 bedrooms, 3.5 bathrooms, and a main-level den perfect for a home office or flex

    Agent Photo

    Monica Pluim

    Coldwell Banker Empire Realty

    (605) 405-8940

    5000 E 54th St, Sioux Falls, SD 57110
  • /12

    $330,000

    • 4 Beds
    • 2 Baths
    • 1,996 Sq Ft

    2030 S Dakota Ave, Sioux Falls, SD 57105

    Welcome to a storybook 1.5-story home nestled in one of the most sought-after neighborhoods in Sioux Falls, just a short stroll from beautiful McKennan Park! This 4-bedroom, 2-bathroom gem blends timeless charm with thoughtful updates, including refinished white-stained hardwood floors, updated lighting, and newer appliances. Step inside through the inviting sunporch, an ideal spot to sip your

    Agent Photo

    Abraham Carroll

    Real Broker LLC

    (605) 525-6417

    2030 S Dakota Ave, Sioux Falls, SD 57105
  • /51

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,422 Sq Ft

    1011 W 12th St, Sioux Falls, SD 57104

    Here’s your chance to own a 3-bedroom, 2-bathroom home just minutes from the vibrant heart of downtown Sioux Falls. This home sits on a spacious double lot and features a large master bedroom with its own private bath, plus the convenience of all three bedrooms on one level. The layout offers a solid foundation with room to add your personal touches. An attached single stall garage adds everyday

    Agent Photo

    Ryan Hanten

    Keller Williams Realty Sioux Falls

    (605) 307-3254

    1011 W 12th St, Sioux Falls, SD 57104
  • /41

    $284,900

    • 3 Beds
    • 2 Baths
    • 1,581 Sq Ft

    2512 S Lyndale Ave, Sioux Falls, SD 57105

    Welcome to this beautifully updated 3-bedroom, 2-bathroom home, featuring a versatile non-conforming 4th room on the lower level. Step inside and enjoy the charm of original hardwood floors that flow throughout the main living areas. The recently renovated kitchen is sure to impress, offering modern finishes and functionality that elevate everyday living. All three bedrooms are conveniently

    Agent Photo

    Eric Brockhoft

    Hegg, REALTORS

    (605) 597-8524

    2512 S Lyndale Ave, Sioux Falls, SD 57105
  • /25

    $239,900

    • 3 Beds
    • 1 Bath
    • 1,236 Sq Ft

    2208 S Willow Ave, Sioux Falls, SD 57105

    Investment opportunity or First Time Homeowner home located close to Augustana University, with 3 bedrooms, 1 bath, with single stall garage yard is partially fenced. In real estate it is about location and condition this home is in a great location and is in good condition. Open House Sunday Sept. 7th from 1-2:30pm

    Agent Photo

    Tony Bachman

    Coldwell Banker Empire Realty

    (605) 315-5991

    2208 S Willow Ave, Sioux Falls, SD 57105
  • /27

    $269,900

    • 2 Beds
    • 2.5 Baths
    • 1,161 Sq Ft

    3325 E Manor Cir, Sioux Falls, SD 57103

    Looking for an affordable home with a fenced in yard for pets? No HOA? This nearly new 1.5-story home offers 2 bedrooms, 3 bathrooms, and a host of recent updates, making it a perfect investment property or cozy living space. Fully renovated in 2019, the home features new wiring, custom cabinetry, and modern finishes throughout, with most renovations still under warranty. The spacious lower level

    Larisa Deery Coldwell Banker Empire Realty

    3325 E Manor Cir, Sioux Falls, SD 57103
  • /20

    $245,000

    • 4 Beds
    • 2 Baths
    • 1,563 Sq Ft

    2210 S Euclid Ave, Sioux Falls, SD 57105

    Welcome to 2210 S Euclid Ave—a chic ranch-style home perfectly positioned just one block west of Augustana University in central Sioux Falls. Whether you’re looking for a fantastic place to call home or a solid rental investment, this one checks all the boxes. The main level offers three comfortable bedrooms, a tiled full bathroom, a bright living room with great natural light, and an eat-in

    Blake Bohner 605 Real Estate LLC

    2210 S Euclid Ave, Sioux Falls, SD 57105
  • /18

    $254,900

    • 5 Beds
    • 2 Baths
    • 1,731 Sq Ft

    302 S Highland Ave, Sioux Falls, SD 57103

    Newly-remodeled five bedroom, two bathroom home with investment potential, featuring modern finishes and thoughtful upgrades throughout. With a spacious layout, refreshed kitchen and baths, new flooring, paint, and fixtures, this home is truly move-in ready. Other updates include new furnace and AC, new garage door, updated electrical panel and roof. Whether you're looking for a comfortable

    Allison Moses Falls Real Estate

    302 S Highland Ave, Sioux Falls, SD 57103
  • /31

    $220,000

    • 3 Beds
    • 1 Bath
    • 1,028 Sq Ft

    1405 S Olive Dr, Sioux Falls, SD 57103

    Inviting Ranch Home with Space to Grow! This ranch style home offers 3 bedrooms and a 3⁄4 bath on the main floor, along with a bright living room that opens through sliding doors to a brand new deck. The fenced yard is ideal for kids, pets, or tenants to enjoy. The lower level includes one finished room, another with a large window that could become a future bedroom and plenty of open space ready

    Roger Russell Hegg, REALTORS

    1405 S Olive Dr, Sioux Falls, SD 57103
  • /31

    $199,900

    • 2 Beds
    • 1.5 Baths
    • 980 Sq Ft

    600 S Hawthorne Ave, Sioux Falls, SD 57104

    Discover this 1.5 Story, 2 bedrooms, 1.5-bath home perfectly situated on a corner lot in a convenient central location. The main floor offers a welcoming living room, dining area, and a full bath along with one bedroom. The kitchen features a slider door leading to the deck and a fully fenced backyard, complete with above-ground garden beds, a path to the single-stall garage, and even a chicken

    Alison Ringheimer Better Homes and Gardens Real Estate Beyond

    600 S Hawthorne Ave, Sioux Falls, SD 57104
  • /17

    $349,900

    • 4 Beds
    • 4 Baths
    • 1,873 Sq Ft

    1300 E 6th St, Sioux Falls, SD 57103

    Full of charm and investment appeal, this well-maintained 4-plex is a rare opportunity in today’s market. The property features two upper-level apartments, each with one bedroom and one bath; a spacious main-floor unit offering two bedrooms and one bath, and an efficiency apartment in the lower level. A coin-operated laundry provides additional income, while tenants are responsible for their own

    Tonya Madsen 605 Real Estate LLC

    1300 E 6th St, Sioux Falls, SD 57103
  • /39

    $320,000

    • 5 Beds
    • 3 Baths
    • 2,466 Sq Ft

    310 N van Eps Ave, Sioux Falls, SD 57103

    Lovely Triplex near Central Sioux Falls. Great Investment Opportunity! Washer and Dryer in lower level with storage area. Separate entrances and off street paved parking. Two bedroom unit on the main level and another 2 bedroom outside up the stairs to the upper unit. There is a basement 1 bedroom unit. Come live in one unit and rent out the rest, or just keep it fully rented out! Tenants pay

    Andrew Adam Adam Realty LLC

    310 N van Eps Ave, Sioux Falls, SD 57103
  • /5

    $269,000

    • Studio
    • 1,864 Sq Ft

    514 S Summit Ave, Sioux Falls, SD 57104

    Great investment opportunity. Great ROI opportunity. Gross rents per month $3,400. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. All units are occupied. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

    Terry Keller Market First Real Estate

    514 S Summit Ave, Sioux Falls, SD 57104
  • /66

    $325,000

    • 5 Beds
    • 4 Baths
    • 2,806 Sq Ft

    902 W 8th St Unit 3, Sioux Falls, SD 57104

    Investment Opportunity! Discover this triplex offering three spacious and separate units, each with its own private entrance. Perfect for investors or owner-occupants looking to generate rental income, this property features a solid rental history and excellent cash-flow potential. Units include a mix of 1- and 2-bedroom layouts, providing flexibility for a variety of tenants. Conveniently

    Stephanie Rodriguez Real Broker LLC

    902 W 8th St Unit 3, Sioux Falls, SD 57104
  • /20

    $223,000

    • 1 Bed
    • 1 Bath
    • 887 Sq Ft

    2428 E Meadowside Place, Sioux Falls, SD 57108

    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

    Brittani Frederick Alpine Residential

    2428 E Meadowside Place, Sioux Falls, SD 57108
  • /47

    $339,000 Open Sat 12PM - 1PM

    • 5 Beds
    • 3 Baths
    • 2,328 Sq Ft

    1911 S Prairie Ave, Sioux Falls, SD 57105

    4-car garage ALERT! This spacious 5 bed, 3 bath, 1.5 story home is ideally located just steps from Augustana & minutes from USF & Sanford Hospital- perfect for an owner-occupant or rental investment. Inside, you’ll love the character-rich details, such as tall base trim, arched doorways & classic wood floors throughout the main level. Also on this level are 2 beds, full bath, LG dining room,

    Deana Olszewski Hegg, REALTORS

    1911 S Prairie Ave, Sioux Falls, SD 57105
  • /38

    $159,900

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    114 S Lincoln Ave, Sioux Falls, SD 57104

    This cute 1940's charmer has all the neighborhood charm plus all the updates! This 2 bedroom, 1 bath home has all new paint, carpet, luxury vinyl plank, windows and a brand new central air conditioning system! Whether you're looking for a cozy home where you can have just enough room and a large backyard to hang out or you're looking to add to you investment portfolio this could work for you!

    Justin Garry Hegg, REALTORS

    114 S Lincoln Ave, Sioux Falls, SD 57104
  • /12

    $340,000

    • Land
    • 0.66 Acre
    • $512,898 per Acre

    1508 S Scarlet Oak Place, Sioux Falls, SD 57110

    Discover an unparalleled opportunity to build your custom home amidst the stunning landscapes of Sioux Falls. The Crown at Arbor Edge is a premier development offering breathtaking, panoramic views overlooking the Big Sioux River and the lush greens of Willow Run Golf Course – truly second to none. This luxury lot is designed to capture these magnificent views, ensuring your home is perfectly

    Beth Jamison Jamison Company Real Estate

    1508 S Scarlet Oak Place, Sioux Falls, SD 57110
  • /12

    $9,412,880

    • Land
    • 41.25 Acres
    • $228,191 per Acre

    5801 N Kiwanis Ave, Sioux Falls, SD 57107

    INVESTMENT HIGHLIGHTS 41+/- acres prime mixed use development site with exposure on both I29 & I90 priced at $5.25 per square foot. Zoned C-4 & LW • Southeast Corner of I29 & I90 Entire Property within a rare Opportunity Zone for investors looking to place Capital gains liabilities into tax deferred investment Retail, Self-Storage, Apartments, Multi Family & more. Sioux Falls Airport (FSD) 3.6

    Stacey Sieverding Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

    5801 N Kiwanis Ave, Sioux Falls, SD 57107
  • /39

    $374,900

    • Studio
    • 1,966 Sq Ft

    227 N Spring Ave, Sioux Falls, SD 57104

    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 - Sioux Falls

    227 N Spring Ave, Sioux Falls, SD 57104
  • /28

    $349,900

    • 5 Beds
    • 3 Baths
    • 2,559 Sq Ft

    817 W 15th St, Sioux Falls, SD 57104

    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

    817 W 15th St, Sioux Falls, SD 57104
  • /16

    $869,848

    • Land
    • 1.43 Acres
    • $609,821 per Acre

    1104 E 73rd St, Sioux Falls, SD 57108

    Positioned along the rapidly growing Cliff Avenue corridor, this prime commercial parcel at 6301 S Cliff Ave offers unmatched visibility and access in one of Sioux Falls' most active development zones. The recently completed segment of South Veterans Parkway, connecting Western Avenue to Cliff Avenue, significantly enhances traffic flow and regional connectivity, with the full corridor slated for

    Aaron Rietsema Alpine Commerical

    1104 E 73rd St, Sioux Falls, SD 57108
  • /16

    $1,463,616

    • Land
    • 1.68 Acres
    • $871,200 per Acre

    6401 S Cliff Ave, Sioux Falls, SD 57108

    Positioned along the rapidly growing Cliff Avenue corridor, this prime commercial parcel at 6301 S Cliff Ave offers unmatched visibility and access in one of Sioux Falls' most active development zones. The recently completed segment of South Veterans Parkway, connecting Western Avenue to Cliff Avenue, significantly enhances traffic flow and regional connectivity, with the full corridor slated for

    Aaron Rietsema Alpine Commerical

    6401 S Cliff Ave, Sioux Falls, SD 57108
  • /3

    $400,000

    • Land
    • 0.4 Acre
    • $1,009,082 per Acre

    0 W Latigo Trail, Sioux Falls, SD 57108

    Gorgeous Walkout lot in Prairie Hills! Bring your own builder. This large lot offers you many choices when it comes to placement of your home. Executive home site with highly sought after Walkout Lot on the corner of Meredith and Latigo, just a half a block from the park. Quick commute to Interstate access, Shopping and Hospitals. Covenants to protect your investment.

    Danielle Konechne Grand Sothebys International Realty

    0 W Latigo Trail, Sioux Falls, SD 57108
  • /42

    $340,000

    • Studio
    • 2,082 Sq Ft

    616 618 N Garfield Ave, Sioux Falls, SD 57104

    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

    616 618 N Garfield Ave, Sioux Falls, SD 57104
  • /28

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,424 Sq Ft

    1904 S Duluth Ave, Sioux Falls, SD 57105

    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

    Heather Elrod Hegg, REALTORS

    1904 S Duluth Ave, Sioux Falls, SD 57105
  • /19

    $274,900

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft

    1309 S Gary Dr, Sioux Falls, SD 57103

    Great Duplex Investment Opportunity – 2 Bed / 1 Bath Per Unit! Don't miss this versatile upper and lower duplex, perfect for owner-occupants or investors! Each unit offers 2 bedrooms and 1 full bath, with comfortable living spaces. Recent updates include newer furnaces and central A/C in recent years, ensuring year-round comfort and efficiency. A detached 1-stall garage with a brand-new roof

    Mike Fedt Keller Williams Realty Sioux Falls

    1309 S Gary Dr, Sioux Falls, SD 57103
  • /19

    $360,000

    • Studio
    • 3,632 Sq Ft

    207 W 14th St, Sioux Falls, SD 57104

    Unlock a rare investment opportunity with an impressive 9% cap rate in the heart of downtown Sioux Falls! This prime triplex offers exceptional income potential, situated just steps from top attractions, dining, and entertainment—ensuring steady tenant demand and consistent cash flow. Whether you're looking to build equity or maximize rental income, this property is a smart choice for savvy

    Amanda Nielsen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

    207 W 14th St, Sioux Falls, SD 57104
  • /23

    $245,000

    • 4 Beds
    • 2 Baths
    • 1,142 Sq Ft

    116 N van Eps Ave, Sioux Falls, SD 57103

    This multifamily duplex offers a fantastic investment opportunity or the perfect setup for owner-occupied living. Each unit features 2 spacious bedrooms and 1 full bathroom, with private entrances that provide added privacy and convenience. The property includes paved parking for residents and guests, and a large shared backyard ideal for outdoor gatherings, gardening, or relaxing. Whether you're

    Matthew Fisher Keller Williams Realty Sioux Falls

    116 N van Eps Ave, Sioux Falls, SD 57103
  • /27

    $529,900

    • 3 Beds
    • 4 Baths
    • 2,256 Sq Ft

    1035 N Spring Ave, Sioux Falls, SD 57104

    Unique turnkey opportunity near Downtown Sioux Falls has everything you need to start your investment dreams. This 4 unit home comes fully furnished, highly maintained and has a great history of short and mid term rental. Currently an AirBNB and Furnished Finder Super Host, The Garden House (unit 1 - sleeps 6), Meeting Place (unit 2 - sleeps 4), Victorian (unit 3, studio - sleeps 2), and Loft

    Tony Ratchford Keller Williams Realty Sioux Falls

    1035 N Spring Ave, Sioux Falls, SD 57104
  • /24

    $1,120,000

    • Studio
    • 5,860 Sq Ft

    6801 W Gresford Place, Sioux Falls, SD 57106

    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

    Maggie Miller Hegg, REALTORS

    6801 W Gresford Place, Sioux Falls, SD 57106
  • /29

    $345,000

    • Studio
    • 2,818 Sq Ft

    925 W 12th St, Sioux Falls, SD 57104

    Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer,

    Jackson Dorhout Alpine Commerical

    925 W 12th St, Sioux Falls, SD 57104
  • /4

    $319,900

    • Land
    • 1.28 Acres
    • $249,922 per Acre

    2105 N Bellingrath Cir, Sioux Falls, SD 57110

    Have you been on a long journey to find the perfect location to build your dream home? Look no further! Secluded, panoramic views, mature oak trees, skyline of Sioux Falls and intimate surroundings are a few reasons why you will love this location. These lots are ideal for the out of city feeling, yet are conveniently located to all amenities in Sioux Falls. Positioned in the Brandon Valley

    John Schutte Keller Williams Realty Sioux Falls

    2105 N Bellingrath Cir, Sioux Falls, SD 57110
  • /67

    $2,400,000

    • 32 Beds
    • 19,200 Sq Ft

    3500 W Hughes Place, Sioux Falls, SD 57108

    Discover this investment opportunity in Sioux Falls, SD. This assembled portfolio of twin homes, built in 2004 and owned by one owner, boasts a history of strong occupancy. The portfolio includes the following addresses: 3500 W. Hughes Place, 3502 W. Hughes Place, 3512 W. Hughes Place, 3514 W. Hughes Place, 3516 W. Hughes Place, 3518 W. Hughes Place, 3600 W. Hughes Place, and 3602 W. Hughes

    Jeff Brooks Brooks Commercial Real Estate

    3500 W Hughes Place, Sioux Falls, SD 57108
  • /12

    $430,000

    • Land
    • 2.33 Acres
    • $184,312 per Acre

    5500 E York Cir, Sioux Falls, SD 57110

    Heavily wooded residential walkout lot located within the city limits northeast Sioux Falls. This is the last empty lot on York Circle in nearly built out Canterbury Estates. The lot has connection to natural gas, electric and Sioux Falls' water/sewer. The lot is +/- 101,654 square feet (+/- 2.33 acres). Schools include Brandon Valley Inspiration Elementary, Intermediate School (grades 5-6),

    Joel McDowell CORE Real Estate

    5500 E York Cir, Sioux Falls, SD 57110

Home Trends in Sioux Falls, SD

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$321,900
Median Townhouse Sale Price
$370,000
Median 2 Bedroom Sale Price
$591,512
Median 1 Bedroom Sale Price
$524,230
Average Price Per Sq Ft
$213
Number of Homes for Sale
84
Last 12 months Home Sales
89
Months of Supply
11.30
Median List Price
$345,000
Median Change From 1st List Price
1%
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