3900 S Hawthorne Ave, Sioux Falls, SD 57105

Sioux Falls
Local realty services provided by:Better Homes and Gardens Real Estate Beyond
3900 S Hawthorne Ave,Sioux Falls, SD 57105
$1,170,000
  • - Beds
  • - Baths
  • 10,620 sq. ft.
  • Multi-family
  • Active
Listed by: jackson dorhout
Office: alpine residential
MLS#:22600771
Source:SD_RASE

Price summary

  • Price:$1,170,000
  • Price per sq. ft.:$110.17

About this home

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!

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Home facts

  • Year built:1973
  • Listing ID #:22600771
  • Added:92 day(s) ago
  • Updated:May 08, 2026 at 02:28 PM

Rooms and interior

  • Living area:10,620 sq. ft.

Structure and exterior

  • Year built:1973
  • Building area:10,620 sq. ft.
  • Lot area:0.71 Acres

Schools

  • High school:Roosevelt HS
  • Middle school:Edison MS
  • Elementary school:Laura Wilder ES

Finances and disclosures

  • Price:$1,170,000
  • Price per sq. ft.:$110.17
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