USASDSioux FallsPark Addition1509 S Duluth Ave Avenue
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$300,000

For Sale

2 months ago

1509 S Ave, Sioux Falls, SD

House

MLS® 22605828

0 Bed

0 Bath

2248 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2248 sqft
Garage 
Taxes 
Days Active 66
Lot Size 0.1986 Acres
Approx. Age 1880
Avg. Price Per Sqft $133
MLS® Number 22605828

Property Address: 1509 S Duluth Ave Avenue, Sioux Falls, SD, 57105

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

Description

Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets — minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and main-level 2-bedroom units offer real upside for an owner willing to put in some cosmetic sweat equity to push rents toward market. A clean, updated common area houses two coin-op laundry units, adding built-in income on top of rent. Boiler heat serves all three units, each with its own window/wall AC, and tenants cover their own electric — landlord handles water, sewer, lawn, and snow. MTM leases makes implementing a straightforward RUBS structure to offset even those costs and further strengthen NOI. Outside, the property has been refreshed with new siding, fascia, paint, and landscaping, plus a shed for extra storage. A 0.20-acre lot and off-street parking round out the package. Whether you're an owner-occupant looking to live affordably while building equity, or an investor adding a stabilized triplex with room to grow rents, 1509 S Duluth checks every box.
MLS® Number22605828
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementUnfinished, Partial
DrivewayPaved
Garage Spaces
HeatHot Water, Baseboard
A/CWindow Unit(s), Other

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1509 S Ave, Sioux Falls, SD

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