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Listed price in listed location currency (USD).
$275,000

000

MLS® 22602266

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2300 sqft
Garage 
Taxes 
Days Active 17
Lot Size 
Approx. Age 1904
Avg. Price Per Sqft $119
MLS® Number 22602266

Property Address: 1305 S Spring Ave Avenue, Sioux Falls, SD, 57104

Average square foot calculated using Size range provided by listing agent.

Description

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: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you. Current rents have room to grow as leases turn over. Owner covers gas, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs — easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.
MLS® Number22602266
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
BasementFull
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2026List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
1305 S Ave, Sioux Falls, SD

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