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$450,000
Est. payment /mo
3,422 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $131
Subdivision North Park 2Nd Addn
MLS Listing ID 22507565
Year Built 1965
Property Sub-Type Four Plex
Property Description
Attention Investors! This remodeled 4-plex in Sioux Falls offers the perfect blend of updated living space, income potential, and flexibility. Inside you'll find three remodeled 2-bed/1-bath units and one oversized 1-bed/1-bath unit, each with its own garage stall. In 2022, three units were extensively updated with new sheetrock, flooring, paint, fixtures, kitchens, and bathrooms, creating modern spaces tenants love. Big-ticket updates include a brand-new roof and gutters, newer parking pad, and updated washer/dryer.
The property also features coin-op laundry for extra income, separately metered electric, and a few newer A/C units. With a mix of lease terms already in place, you've got both stability and the option to adjust rents over time.
Whether you're looking for a solid addition to your portfolio or a way to step into ownership with tenants helping cover expenses, this 4-plex delivers. It's a versatile, income-producing property in a strong rental area—don't miss it.
The property also features coin-op laundry for extra income, separately metered electric, and a few newer A/C units. With a mix of lease terms already in place, you've got both stability and the option to adjust rents over time.
Whether you're looking for a solid addition to your portfolio or a way to step into ownership with tenants helping cover expenses, this 4-plex delivers. It's a versatile, income-producing property in a strong rental area—don't miss it.
Location
State SD
County Minnehaha
Area Sfn005
Rooms
Basement Full
Interior
Heating Hot Water, Baseboard, Natural Gas
Flooring Tile, Laminate, Luxury Vinyl Plank
Exterior
Exterior Feature Hard Board
Roof Type Shingle Composition
Building
Foundation Poured
Sewer City Sewer
Water City Water
Schools
Elementary Schools Hawthorne Es
Middle Schools Axtell Park Ms
High Schools Lincoln Hs
School District Sioux Falls
Others
Miscellaneous Community Water Heater,Separate Meters
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LIsted by 605 Real Estate LLC • Blake Bohner
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