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
$900,000
  • - Beds
  • - Baths
  • 8,784 sq. ft.
  • Multi-family
  • Active
Listed by: rob kurtenbach
Office: bender realtors
MLS#:22508662
Source:SD_RASE

Price summary

  • Price:$900,000
  • Price per sq. ft.:$102.46

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,

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Home facts

  • Year built:1962
  • Listing ID #:22508662
  • Added:110 day(s) ago
  • Updated:March 09, 2026 at 11:00 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:$900,000
  • Price per sq. ft.:$102.46
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