310 N Van Eps Ave, Sioux Falls, SD 57103

This updated, well-kept triplex near downtown Sioux Falls blends flexibility, steady income, and real ownership upside. The layout features two spacious 2-bedroom units and a 1-bedroom lower-level apartment, each with private entrances, paved off-street parking, and shared laundry with storage. Clean interiors, modern finishes, and thoughtful upkeep make it an easy property to own and operate. Currently running under a month-to-month master lease with St. Francis House, the property is already producing consistent income with hands-off management. Keep the lease in place for reliable returns—or transition to market tenants to increase cash flow. For those ready to step into ownership, this is the perfect house-hack setup: live in one unit, rent the others, and let the property offset most—or all—of your payment. With its central location and strong rental demand, it also opens the door for short- or mid-term leasing options. A solid, income-producing property in a prime, … read more …