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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.
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
Agency Name: 605 Real Estate LLC
Shown By
Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544
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