1011 S 2nd Ave, Sioux Falls, SD 57105

Sioux Falls
Local realty services provided by:Better Homes and Gardens Real Estate Beyond
1011 S 2nd Ave,Sioux Falls, SD 57105
$675,000
  • - Beds
  • - Baths
  • 5,832 sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    Kim Hofer(605) 212 - 8799
    Better Homes and Gardens Real Estate Beyond
Office: better homes and gardens real estate beyond
MLS#:22602400
Source:SD_RASE

Price summary

  • Price:$675,000
  • Price per sq. ft.:$115.74

About this home

Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1971
  • Subdivision & Development:Boulevard Addn
  • Listing ID #:22602400
  • Added:211 day(s) ago
  • Updated:November 06, 2026 at 04:20 PM

Rooms and interior

  • Living area:5,832 sq. ft.

Structure and exterior

  • Year built:1971
  • Building area:5,832 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Lincoln HS
  • Middle school:Patrick Henry MS
  • Elementary school:Susan B Anthony ES

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$115.74
  • Tax amount:$5,750
MLS Logo

New listings near 1011 S 2nd Ave