1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo
1305 S Spring Ave, Sioux Falls, SD 57104 Photo

18 Total Photos [Click to View All]

1305 S Spring Ave Sioux Falls, SD 57104
$275,000
Active / MLS# 22602266 / Multi Unit - Multiple / Sioux Falls
0 Beds
2300 SqFt

Rare triplex in one of Sioux Falls' most sought-after corridors for rental property - walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout.The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees - or hold it as a pure investment and let the numbers work for you.Current rents have room to grow as leases turn over. Owner covers gas, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs - easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.

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Mortgage Calculator

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 691.32 per month $611.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Window Unit(s)
Lot Size: 0.08 Acres
Roof Type: Composition
Stories: 3.0
Year Built: 1904

Feature Descriptions

Appliances: Dryer, Range, Refrigerator, Washer
Days on Site: 17
Exterior: Vinyl Siding
Flooring: Carpet, Laminate
Foundation: Block
Inside city limits Y/N: Yes
Lot Dimensions: Unknown
Owner Pays: Gas, Grounds Care, Sewer, Snow Removal, Trash Collection, Water
Parcel #: 41588
Security Features: Gated with Guard, Smoke Detector(s)
Sewer: Public Sewer
SQFT Living Area: 2300
Units: 3
Water: Public

Schools

High School: Lincoln High
Middle School: Edison Middle
Elementary School: Lowell 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: 605 Real Estate LLC

Shown By

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

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