1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo
1011 S 2nd Ave, Sioux Falls, SD 57105 Photo

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1011 S 2nd Ave Sioux Falls, SD 57105
$675,000
Active / MLS# 22602400 / Multi Unit - Multiple / Sioux Falls
0 Beds
5832 SqFt

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.

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Mortgage Calculator

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Estimated Payment

$ 1,696.88 per month $1,500.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $196.88 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Other
Lot Size: 0.17 Acres
Roof Type: Tar/Gravel
Stories: 2.0
Year Built: 1971

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Days on Site: 11
Exterior: Brick
Flooring: Carpet, Laminate
Foundation: Block
Inside city limits Y/N: Yes
Lot Dimensions: 50x150
Owner Pays: Gas, Trash Collection
Parcel #: 26711
Parking Features: Off Street
Security Features: Smoke Detector(s)
Sewer: Public Sewer
SQFT Living Area: 5832
Units: 6
Water: Public

Schools

High School: Lincoln High
Middle School: Patrick Henry Middle
Elementary School: Susan B Anthony Elementary
School District: SiouxFalls

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Better Homes and Gardens Real Estate Beyond

Shown By

Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544

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