1201 & 1205 S Blaine Ave, Sioux Falls, SD 57103

Sioux Falls
Local realty services provided by:Better Homes and Gardens Real Estate Beyond
1201 & 1205 S Blaine Ave,Sioux Falls, SD 57103
$850,000
  • - Beds
  • - Baths
  • 8,784 sq. ft.
  • Multi-family
  • Active
Listed by: rob kurtenbach605-940-0559
Office: bender realtors
MLS#:22508662
Source:SD_RASE

Price summary

  • Price:$850,000
  • Price per sq. ft.:$96.77

About this home

Fantastic Investment Opportunity – 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units—ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future. The first building features 4 units, and the second offers 6 units. Together, the properties include eight 2-bed/1-bath units and two 1-bed/1-bath units, providing a desirable mix for consistent occupancy. Because the parcels are individually platted, a buyer could explore purchasing or financing them separately. Owner-occupied buyers interested in alternative financing may also consider verifying whether the 4-unit building qualifies for South Dakota Housing financing (low down payment options). Current rents sit slightly below market, offering immediate upside for an investor. Even greater returns could be achieved through self-management,...

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:1962
  • Subdivision & Development:Riverview Addn
  • Listing ID #:22508662
  • Added:358 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Living area:8,784 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:8,784 sq. ft.
  • Lot area:0.37 Acres

Schools

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

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$96.77
  • Tax amount:$7,721
MLS Logo

New listings near 1201 & 1205 S Blaine Ave