1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo
1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103 Photo

44 Total Photos [Click to View All]

1201 & 1205 S Blaine Ave Sioux Falls, SD 57103
$900,000
Active / MLS# 22508662 / Multi Unit - Multiple / Sioux Falls
0 Beds
8784 SqFt

Fantastic Investment Opportunity - 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units-ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future.The first building features 4 units, and the second offers 6 units. Together, the properties include eight 2-bed/1-bath units and two 1-bed/1-bath units, providing a desirable mix for consistent occupancy. Because the parcels are individually platted, a buyer could explore purchasing or financing them separately. Owner-occupied buyers interested in alternative financing may also consider verifying whether the 4-unit building qualifies for South Dakota Housing financing (low down payment options). Current rents sit slightly below market, offering immediate upside for an investor. Even greater returns could be achieved through self-management, creating additional cash flow. Offered at $900,000 for both properties, this is a rare opportunity to acquire stable, well-located rental units with strong long-term potential. Perfect for both new investors and seasoned owners looking to expand their holdings. 1201 building had a new roof in 2022 and the other roof is estimated at less than 10 years old.Financials are available upon request from the broker. One or more of the owners is a licensed real estate broker in South Dakota.

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Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,262.50 per month $2,000.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.50 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.37 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 1962

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 151
Inside city limits Y/N: Yes
Lot Dimensions: Irregular
Parcel #: 44640 & 44641
Parking Features: Paved
Security Features: Smoke Detector(s)
Sewer: Public Sewer
SQFT Living Area: 8784
Units: 10
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: Bender REALTORS

Shown By

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

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