USASDSioux FallsBrooks Crossing Addition to the City of Sioux Falls4802 S Hosta Ave Avenue

New

$7,950,000

For Sale

2 days ago

4802 S Ave, Sioux Falls, SD

Name: 4802 S Ave, For Sale in Sioux Falls - eXp Realty
Brand: CENTURY 21 Advantage
SKU: 22604670
Price: 7950000 USD

House

MLS® 22604670

0 Bed

0 Bath

59544 sqft

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 59544 sqft

Garage

Taxes

Days Active 2

Lot Size 3.0815 Acres

Approx. Age 2000

Avg. Price Per Sqft $133

MLS® Number 22604670

Property Address: 4802 S Hosta Ave Avenue, Sioux Falls, SD, 57110

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

Description

INVESTOR OPPORTUNITY | 42 Townhome-Style Apartment Homes | SE Sioux Falls S. Hosta Ave | Near E. 57th St & S. Sycamore Ave | Sioux Falls, SD The Property 42 nearly new townhome-style apartment homes tucked away on S. Hosta Ave in one of Sioux Falls' most desirable southeast corridors. Each home features an attached garage, a mudroom entry, and a refreshing open-concept floor plan that today's renters are actively searching for. Proforma NOI is $426, 042.18 CAP Rate 5.36% Inside Every Home Main Floor Open-concept kitchen with bar seating Dining area & living room Sliding doors to private patio Mudroom off the attached garage Upper Floor All bedrooms upstairs In-unit laundry center Full bathroom 3-bedroom plans include a primary suite Why This Asset Stands Out ? 42 doors at meaningful scale — institutional quality, attainable price point ? Diverse unit mix — 2-bed and 3-bed options broaden your renter pool and reduce concentration risk ? Attached garages on every unit — a premium amenity in this market that drives higher rents and longer tenancies ? Two-car garage units — the 9 Plan C homes command top-of-market rents and attract high-quality, long-term tenants ? In-unit laundry — the #1 amenity renters cite for lease renewals ? Nearly new construction — minimal deferred maintenance, low near-term capex, and modern finishes tenants expect ? Townhome-style design — no shared hallways, private entries, and a home-ownership feel that reduces turnover The Sioux Falls Advantage Sioux Falls consistently ranks among the Midwest's top rental markets — no state income tax, a diversified and growing employment base, and steady population growth all fuel durable rental demand. The southeast corridor in particular benefits from proximity to major employers, retail centers, and top-rated schools, making it one of the city's most attractive quadrants for workforce housing. Level Up Your Income Property Portfolio. 42 doors. Nearly new. Three floor plans. Premium amenities. A location tenants want to stay in. This is the kind of well-rounded asset that anchors a portfolio and performs for decades.

MLS® Number22604670

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2000

BasementNone

DrivewayAttached

Garage Spaces

HeatForced Air, Natural Gas

A/CElectric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 25, 2026List Date

$7,950,000List Price

Commute

Commute

Starting Address

Destination Address

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