205 207 N Eastern Ave, Hartford, SD 57033
Local realty services provided by:Better Homes and Gardens Real Estate Beyond
205 207 N Eastern Ave,Hartford, SD 57033
$965,000
- - Beds
- - Baths
- 14,244 sq. ft.
- Multi-family
- Active
Listed by: blake bohner, ryan olson
Office: 605 real estate llc.
MLS#:22607700
Source:SD_RASE
Price summary
- Price:$965,000
- Price per sq. ft.:$67.75
About this home
Much of the renovation work is done. The opportunity to improve performance remains.
Offered at $965,000—approximately $60,313 per unit—205 and 207 N Eastern Avenue combine 16 apartments across two buildings in Hartford, just outside Sioux Falls. The property features fourteen two-bedroom units and two one-bedroom units, with approximately 75% reportedly fully renovated. Updated boilers, recent exterior paint, and a new roof on 207 N Eastern complement the interior improvements.
With 13 units occupied and three available for lease-up, buyers have a tangible path to increasing income through occupancy stabilization, targeted improvements, and disciplined management. On-site parking, common laundry, and proximity to West Central schools and neighborhood recreation add to the rental offering.
The illustrative stabilized pro forma projects approximately $82,900 in annual NOI at the stated market rents and 5% vacancy—an 8.59% yield on the asking price, before financing and capital expenditures. For an investor prepared to complete the remaining work and execute the lease-up, this offering combines an accessible acquisition basis with a clear opportunity to strengthen long-term performance. Financial projections and property information are subject to buyer verification....
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Home facts
- Year built:1972
- Subdivision & Development:McCartys Addn
- Listing ID #:22607700
- Added:1 day(s) ago
- Updated:October 08, 2026 at 02:43 PM
Rooms and interior
- Living area:14,244 sq. ft.
Structure and exterior
- Year built:1972
- Building area:14,244 sq. ft.
- Lot area:0.7 Acres
Schools
- High school:West Central HS
- Middle school:West Central MS
- Elementary school:West Central Hartford ES
Finances and disclosures
- Price:$965,000
- Price per sq. ft.:$67.75
- Tax amount:$14,606
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