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Triplex for Sale in Sioux Falls, SD

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  • /7

    $360,000

    • 3,632 Sq Ft

    207 W 14th St, Sioux Falls, SD 57104

    Located in the heart of downtown Sioux Falls, this triplex presents an excellent opportunity for investors seeking reliable rental income and long-term growth. Its prime location near popular restaurants, shopping, and entertainment drives strong tenant appeal and occupancy potential. Whether expanding your portfolio or entering the investment market, this property offers a solid foundation for

    Agent Photo

    Chris Chase

    Axen Realty LLC

    (605) 597-7515

    207 W 14th St, Sioux Falls, SD 57104
  • /18

    $275,000

    • 2,300 Sq Ft

    1305 S Spring Ave, Sioux Falls, SD 57105

    Rare triplex in one of Sioux Falls' most sought-after corridors for rental property — walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout.The house hack opportunity here is straightforward:

    Blake Bohner 605 Real Estate LLC

    1305 S Spring Ave, Sioux Falls, SD 57105
  • /2

    $60,000

    • Land
    • 5,941 Sq Ft
    • $439,883 per Acre

    924 W 10th St, Sioux Falls, SD 57104

    Rare Opportunity Near Downtown Sioux Falls! Here’s your chance to own a prime corner lot just minutes from downtown Sioux Falls, located within a desirable historic district. This build-ready parcel offers water and sewer already to the lot, saving time and upfront costs. The property is zoned RT-2 and was previously used as a multi-family triplex, offering excellent flexibility for today’s

    Lynne Forbes South Eastern Development Foun

    924 W 10th St, Sioux Falls, SD 57104
  • /39

    $339,900

    • 1,966 Sq Ft

    227 N Spring Ave, Sioux Falls, SD 57104

    Step into timeless character with this beautifully maintained triplex located in the heart of Sioux Falls. Blending historic charm with thoughtful modern updates, this property offers a fantastic opportunity for investors or owner-occupants looking for income potential. Each unit features original hardwood floors that showcase the home’s classic character, along with spacious living areas filled

    Jim Koch eXp Realty- SF-Allen Edge Team

    227 N Spring Ave, Sioux Falls, SD 57104
  • /15

    $144,900

    • 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 Edge Team

    521 S Menlo Ave, Sioux Falls, SD 57104
  • /30

    $219,900

    • 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
  • /31

    $210,000

    • 1,679 Sq Ft

    310 N Sherman Ave, Sioux Falls, SD 57103

    Looking for your first investment property? This triplex is a great place to start. Featuring three one-bedroom, one-bath units, this centrally located property has seen numerous updates over time. Each unit was previously rented for $700 per month. The main floor includes two units, while the third unit is located upstairs with a separate entrance at the back of the property. All three units

    Katie Day Maloney Real Estate

    310 N Sherman Ave, Sioux Falls, SD 57103
  • /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

Home Trends in Sioux Falls, SD

Housing Trends

Median Sale Price
$335,000
Median Single Family Sale Price
$359,800
Median Townhouse Sale Price
$306,800
Median 2 Bedroom Sale Price
$197,000
Median 1 Bedroom Sale Price
$179,950
Average Price Per Sq Ft
$204
Number of Homes for Sale
722
Last 12 months Home Sales
2,619
Months of Supply
3.30
Median List Price
$345,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
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