2805 E Bragstad Dr, Sioux Falls, SD 57101
Local realty services provided by:Better Homes and Gardens Real Estate Beyond
2805 E Bragstad Dr,Sioux Falls, SD 57101
$1,300,000
- - Beds
- - Baths
- 5,000 sq. ft.
- Multi-family
- Active
Listed by: daniel stillson
Office: gateway real estate advisors
MLS#:22600489
Source:SD_RASE
Price summary
- Price:$1,300,000
- Price per sq. ft.:$260
About this home
2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth.
The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations.
Unit mix:
Outside units: 4 Bed, 2.5 Bath
Middle units: 3 Bed, 2.5 Bath
The property also features six garage stalls located behind the buildings, enhancing tenant appeal.
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Home facts
- Year built:1993
- Listing ID #:22600489
- Added:61 day(s) ago
- Updated:March 19, 2026 at 02:37 PM
Rooms and interior
- Living area:5,000 sq. ft.
Structure and exterior
- Year built:1993
- Building area:5,000 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:Washington HS
- Middle school:Ben REifel Middle School
- Elementary school:Harvey Dunn ES
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$260
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