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$675,000

For Sale

16 days ago

1011 S Ave, Sioux Falls, SD

House

MLS® 22602400

0 Bed

0 Bath

5832 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5832 sqft
Garage 
Taxes 
Days Active 15
Lot Size 
Approx. Age 1971
Avg. Price Per Sqft $115
MLS® Number 22602400

Property Address: 1011 S 2nd Ave Avenue, Sioux Falls, SD, 57105-0849

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

Description

Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.
MLS® Number22602400
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1971
BasementFull
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$675,000List Price
  • Commute

Commute

Starting Address
Destination Address
1011 S Ave, Sioux Falls, SD

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