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Sioux Falls, SD Multifamily Homes & Duplexes for Sale

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  • /28

    $339,000

    • 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) 316-5379

    1118 W 8th St, Sioux Falls, SD 57104
  • /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
  • /16

    $730,000

    • 8 Beds
    • 6 Baths
    • 4,110 Sq Ft

    1213 N Archer Ave, Sioux Falls, SD 57103

    l hwAttention Investors! 1213 & 1215 N Archer Ave. Two separate twin home units on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twin homes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, slider to decks and vaulted ceilings in

    Agent Photo

    Todd Nelson

    Harr & Lemme Real Estate

    (605) 702-4450

    1213 N Archer Ave, Sioux Falls, SD 57103
  • /18

    $730,000

    • 8 Beds
    • 6 Baths
    • 4,110 Sq Ft

    1209 N Archer Ave, Sioux Falls, SD 57103

    Attention Investors! 1209 and 1211 N Archer Ave. Property consists of two totally separated twin homes on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twinhomes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, vaulted ceilings in

    Agent Photo

    Todd Nelson

    Harr & Lemme Real Estate

    (605) 857-4995

    1209 N Archer 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
  • /19

    $379,900

    • 2,280 Sq Ft

    3609 & 3611 E 18th St St, Sioux Falls, SD 57103

    Nice side by side ranch duplex in Hilltop Area. Great income producing property! Both units newly remodeled and newer windows, bathroom & kitchen. Unit one has 2 bed 1 bath with finished basement with an additional non legal bedroom and potential to add a 2nd bath. Unit two has 2 bed 1 bath with potential for finished basement.

    Zack Winter Keller Williams Realty Sioux Falls

    3609 & 3611 E 18th St St, Sioux Falls, SD 57103
  • /8

    $300,000

    • 2,358 Sq Ft

    215 E 14th St, Sioux Falls, SD 57104

    Investor Opportunity – Updated Duplex Downtown Sioux Falls. Prime investment property in downtown Sioux Falls. This duplex offers a 4-bedroom, 1-bath main unit plus a studio unit, both upgraded for strong rental appeal and low maintenance. Recent improvements include newer exterior paint, newer roof, full interior repaint, refinished hardwood floors, newer appliances on both levels, updated tiled

    Dana Fisher Grand Sothebys International Realty

    215 E 14th St, Sioux Falls, SD 57104
  • /2

    $339,900

    • 2,620 Sq Ft

    1301 E 28th St, Sioux Falls, SD 57105

    Nicely located, ranch style, side by side duplex that is close to schools, has easy access to downtown and to I229. Unit One has 3 bedroom, 2 bathrooms and is finished up and down. Unit Two has 2 bedrooms and one bath and is also finished up and down. One could easily add an egress window for the 3rd bedroom.Each unit has a full set of appliances, including washer/dryers. The permanent siding

    Rick Archer AMERI/STAR Real Estate, Inc.

    1301 E 28th St, Sioux Falls, SD 57105
  • /4

    $400,000

    • 3,744 Sq Ft

    5208 W 47th St, Sioux Falls, SD 57106

    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

    5208 W 47th St, Sioux Falls, SD 57106
  • /28

    $349,900

    • 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
  • /18

    $249,900

    • 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

    Mike Fedt Keller Williams Realty Sioux Falls

    1309 S Gary Dr, Sioux Falls, SD 57103
  • /18

    $280,000

    • 2,180 Sq Ft

    100 S Williams Ave, Sioux Falls, SD 57104

    This triplex was moved to its current site in 1995 with a new poured, insulated foundation along with updated electrical, plumbing, and sewer lines. Windows and roof were replaced 8 years ago, and the upper two units have central air. Each unit has its own floor. Two units feature 2 bedrooms and 1 bath, while the third is a 1 bedroom, 1 bath layout. A common laundry area adds convenience, plus

    Michelle Thompson Hegg, REALTORS

    100 S Williams Ave, Sioux Falls, SD 57104
  • /2

    $1,200,000

    • 9 Beds
    • 11 Baths
    • 7,250 Sq Ft

    304 - 308 S Conklin Ave, Sioux Falls, SD 57103

    Conklin Apartments, located at 304–308 S. Conklin Ave in Sioux Falls, offers an excellent opportunity to acquire a 12-unit multifamily property in a strong rental market. Built in 1975, this Class B garden-style complex features a mix of one studio unit at 450 sq. ft., five one-bedroom units at 550 sq. ft., and six two-bedroom units at 675 sq. ft., for a total of 7,250 net rentable square feet

    Blake Bohner 605 Real Estate LLC

    304 - 308 S Conklin Ave, Sioux Falls, SD 57103
  • /20

    $450,000

    • 3,794 Sq Ft

    3705 S Cathy Ave, Sioux Falls, SD 57106

    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

    3705 S Cathy Ave, Sioux Falls, SD 57106
  • /10

    $565,000

    • 4,590 Sq Ft

    316 E 15th St, Sioux Falls, SD 57104

    Fully occupied and extensively renovated 9-unit apartment building in the core of Sioux Falls. One block south of Sunshine Foods and steps from downtown, this property offers a prime location surrounded by major employment, shopping, and city amenities.The two-story building features nine one-bedroom, one-bath units, each modernized inside and out. Comprehensive updates cover both

    Blake Bohner 605 Real Estate LLC

    316 E 15th St, Sioux Falls, SD 57104
  • /2

    $2,425,000

    • 23,897 Sq Ft

    4509 -4515 E 3rd st St, Sioux Falls, SD 57110

    22 Townhome units just a few blocks from Washington High School.

    Brad Stearns 605 Real Estate LLC

    4509 -4515 E 3rd st St, Sioux Falls, SD 57110
  • /37

    $179,000

    • 1,640 Sq Ft

    611 N Walts Ave, Sioux Falls, SD 57104

    Prime Investment Opportunity in Central Sioux Falls!Welcome to 611 N Walts Ave, a versatile duplex with strong income potential. The main and upper levels feature a 2-bedroom, 1-bath unit, while the additional upper unit offers a 1-bedroom, 1-bath layout, giving you multiple options for renting or owner-occupancy. The home includes an unfinished basement for added storage or future

    Jim Koch eXp Realty - SF Allen Team

    611 N Walts Ave, Sioux Falls, SD 57104
  • /59

    $382,400

    • 2,178 Sq Ft

    3801 S Hawthorne Ave, Sioux Falls, SD 57105

    Very nice duplex in south central Sioux Falls. Each side has three bedrooms and two baths. The large detached garage provides sheltered off street parking. Nice floor plan with main floor living and three bedrooms on the upper level. Lots of possibilities here...live in one side and rent out the other or rent out both sides. Check this one out today!

    Zack Winter Keller Williams Realty Sioux Falls

    3801 S Hawthorne Ave, Sioux Falls, SD 57105
  • /21

    $450,000

    • 3,808 Sq Ft

    3709 S Cathy Ave, Sioux Falls, SD 57106

    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

    3709 S Cathy Ave, Sioux Falls, SD 57106
  • /6

    $350,000

    • 2,112 Sq Ft

    609 S 2nd Ave, Sioux Falls, SD 57104

    Updated Duplex Near Downtown – Ideal Turnkey Investment. This duplex offers a rare opportunity for investors seeking a great investment in a prime location. Both units feature 2 bedrooms, 1 bathroom, and the property has a proven track record of excellent occupancy rates, making it a reliable addition to your portfolio. Tenants also enjoy an East facing sun porch and the convenience of two off

    Dana Fisher Grand Sothebys International Realty

    609 S 2nd Ave, Sioux Falls, SD 57104
  • /66

    $325,000

    • 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 Casa Reynoza

    902 W 8th St Unit 3, Sioux Falls, SD 57104
  • /31

    $260,000

    • 2,232 Sq Ft

    614 S 2nd Ave, Sioux Falls, SD 57104

    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

    614 S 2nd Ave, Sioux Falls, SD 57104
  • /15

    $149,900

    • 1,187 Sq Ft

    521 S Menlo Ave, Sioux Falls, SD 57104

    Income-producing triplex opportunity in central Sioux Falls! This property features three 1-bed, 1-bath units, offering a great investment for owner-occupants or investors alike. Two units are currently occupied—ability for setting new rents or living in one while leasing the others. Each unit offers easy-maintenance laminate flooring throughout, creating a clean and modern feel. Convenient

    Jim Koch eXp Realty - SF Allen Team

    521 S Menlo Ave, Sioux Falls, SD 57104
  • /2

    $400,000

    • 3,888 Sq Ft

    5212 W 47th St, Sioux Falls, SD 57106

    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

    5212 W 47th St, Sioux Falls, SD 57106
  • /44

    $900,000

    • 8,784 Sq Ft

    1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103

    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

    1201 1205 S Blaine Ave Ave, Sioux Falls, SD 57103
  • /20

    $450,000

    • 3,794 Sq Ft

    3711 S Cathy Ave, Sioux Falls, SD 57106

    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

    3711 S Cathy Ave, Sioux Falls, SD 57106
  • /23

    $245,000

    • 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
  • /8

    $2,500,000

    • Studio
    • 27,465 Sq Ft

    320 N Western Ave, Sioux Falls, SD 57104

    Sandy Creek Apartments is a 24-unit multifamily community located in Central Sioux Falls, South Dakota. Built in 1997, the property consists of a single three-story building situated on a well-positioned 1.23-acre lot. The asset offers approximately 27,465 square feet of rentable space across a mix of one-, two-, and three-bedroom layouts—designed to support steady rental demand and long-term

    Brad Stearns 605 Real Estate LLC

    320 N Western Ave, Sioux Falls, SD 57104
  • /27

    $335,000

    • 2,288 Sq Ft

    202 S Elmwood Ave, Sioux Falls, SD 57104

    Looking for a turnkey short-term rental, long-term rental, or owner occupied with fresh, modern updates? This fully updated duplex is the perfect fit. The upper level features 3 bedrooms, 1 bathroom, a spacious living room, dining room, and a well-appointed kitchen with a nice built in dinning nook. The lower level mirrors the same layout and offers its own private entrance, making it ideal for

    Beau Carpenter Hegg, REALTORS

    202 S Elmwood Ave, Sioux Falls, SD 57104
  • /39

    $364,900

    • 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 - SF Allen Team

    227 N Spring Ave, Sioux Falls, SD 57104
  • /27

    $499,900

    • 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
  • /42

    $340,000

    • 2,082 Sq Ft

    616 618 N Garfield Ave 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 Ave, Sioux Falls, SD 57104
  • /22

    $235,000

    • 1,713 Sq Ft

    310 & 308 S Walts Ave Ave, Sioux Falls, SD 57104

    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

    310 & 308 S Walts Ave Ave, Sioux Falls, SD 57104
  • /2

    $11,450,000

    • 29,109 Sq Ft

    625 W 81st St, Sioux Falls, SD 57108

    78 Units on the South side of Sioux Falls.

    Brad Stearns 605 Real Estate LLC

    625 W 81st St, Sioux Falls, SD 57108
  • /20

    $285,000

    • 2,466 Sq Ft

    310 N van Eps Ave, Sioux Falls, SD 57103

    This updated, well-kept triplex near downtown Sioux Falls blends flexibility, steady income, and real ownership upside. The layout features two spacious 2-bedroom units and a 1-bedroom lower-level apartment, each with private entrances, paved off-street parking, and shared laundry with storage. Clean interiors, modern finishes, and thoughtful upkeep make it an easy property to own and operate.

    Blake Bohner 605 Real Estate LLC

    310 N van Eps Ave, Sioux Falls, SD 57103

Why Live in Sioux Falls

Falls Park stands as the centerpiece of Sioux Falls, featuring dramatic pink quartzite waterfalls and historic architecture along the Big Sioux River. The downtown SculptureWalk displays rotating public art installations, including the striking Arc of Dreams spanning the river. Cultural attractions include the Washington Pavilion's performing arts center and science museum, plus the Great Plains Zoo which houses diverse wildlife exhibits. The city features 80 parks and 30 miles of recreational trails, with destinations like Great Bear Recreation Park for winter sports and Family Park's 90 acres of ponds and walking paths.

The Sioux Falls housing market presents diverse options across established neighborhoods. The median single family home price in McKennan Park reaches $399,500, while Downtown Sioux Falls commands a median of $295,000. All Saints neighborhood shows a median of $278,500, and Cathedral area homes typically sell for a median of $299,600. Condominiums provide more affordable options, with one bedroom units at a median of $145,000 and two bedrooms at $202,500. Townhomes across the city show a median price of $296,100.

The cost of living sits 9% below the national average. A family with school age children requires approximately $96,000 annually to live comfortably, while renters need about $46,000. Property taxes in Minnehaha County run 1.16%, comparing favorably to Mitchell's 1.24% rate. South Dakota charges no state income tax, though residents pay a combined 6.11% sales tax. Monthly grocery costs average $1,500 for families and $700 for single residents. The public school system includes highly rated institutions like Fred Assam Elementary School and Brandon Valley Middle School. Augustana College and the University of Sioux Falls provide higher education options within the city.

Home Trends in Sioux Falls, SD

Housing Trends

Median Sale Price
$335,000
Median Single Family Sale Price
$363,900
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$210,000
Median 1 Bedroom Sale Price
$199,900
Average Price Per Sq Ft
$211
Number of Homes for Sale
835
Last 12 months Home Sales
1,662
Months of Supply
6.00
Median List Price
$350,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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