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Triplex for Sale in Sioux Falls, SD

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  • /80

    $450,000

    • 2,420 Sq Ft

    2504 S Summit Ave, Sioux Falls, SD 57105

    Investor opportunity in central Sioux Falls! This triplex offers three separate, furnished units with flexible rental potential and a convenient location near 33rd Street, Minnesota Avenue, schools, shopping, dining, and everyday amenities. Currently used for short-term rental stays, the property includes a spacious 2 bedroom, 1 bath main floor unit, plus a 1 bedroom, 1 bath upper unit and a 1

    Agent Photo

    Keisha Tran

    Amy Stockberger Real Estate

    2504 S Summit Ave, Sioux Falls, SD 57105
  • /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

    207 W 14th St, Sioux Falls, SD 57104
  • /40

    $225,000

    $50K PRICE DROP
    • 2,948 Sq Ft

    624 W 11th St, Sioux Falls, SD 57104

    Investment opportunity near downtown Sioux Falls! This triplex features one occupied 2-bedroom, 1-bath unit, along with two vacant 1-bedroom, 1-bath units. Located just blocks from downtown, tenants can enjoy convenient access to shopping, dining, entertainment, and major employers. While the building could benefit from repairs and updates, it presents an excellent value-add

    Jeremy Simon Keller Williams Realty Sioux Falls

    624 W 11th St, Sioux Falls, SD 57104
  • /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
  • /7

    $250,000

    • 1,562 Sq Ft

    610 S Grange Ave, Sioux Falls, SD 57104

    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

    610 S Grange Ave, Sioux Falls, SD 57104
  • /6

    $259,900

    • 1,784 Sq Ft

    801 W 13th St, Sioux Falls, SD 57104

    Prime investment opportunity in the heart of Sioux Falls! This triplex multifamily property features major upgrades including newer plumbing, electrical, HVAC, fresh interior paint, and new carpet throughout. Bathrooms and kitchens have been tastefully updated, making this a turnkey addition to any portfolio. Utilities are separately metered, with the landlord only covering garbage and

    Matthew Fisher Keller Williams Realty Sioux Falls

    801 W 13th St, Sioux Falls, SD 57104
  • /31

    $199,500

    $11K PRICE DROP
    • 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
  • /19

    $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

Home Price Trends

Median Sale Price
$335,346
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$309,000
Median 2 Bedroom Sale Price
$269,900
Median 1 Bedroom Sale Price
$186,500
Average Price Per Sq Ft
$205
Number of Homes for Sale
866
Last 12 months Home Sales
2,641
Months of Supply
3.90
Median List Price
$349,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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