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Sold for $260,000
  • $260,000

    1305 S Spring Ave, Sioux Falls, SD 57105

    --beds
    --baths
    2,300sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $260,600 Zestimate®
    $113/sqft
    $1,080 Estimated rent

    Home value

    $260,600

    $248,000 - $274,000

    $1,080/mo

    Zestimate® history
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    What's special

    Insulated rear entranceOngoing unit improvements throughout
    Rare triplex in one of Sioux Falls' most sought-after corridors for rental property — walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout. The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you. Current rents have room to grow as leases turn over. Owner covers gas, electric, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs — easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.

    Zillow last checked:

    Listing updated:

    Listed by:

    Blake C Bohner,

    605 Real Estate LLC 605-759-4294,

    Ryan R Olson,

    605 Real Estate LLC

    Bought with:

    Callie J Wockenfuss

    Source: Realtor Association of the Sioux Empire,MLS#: 22604105MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet, Laminate
    • Basement: Full
    Interior area
    • Total structure area: 2,615
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    • Entry location: Community
    Lot
    • Size: 3,441 Square Feet
    Details
    • Parcel number: 41588

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Gated with Guard, Smoke Detector(s)
    • Subdivision: Park Addition
    Location
    • Region: Sioux Falls

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $154,200
    • Annual tax amount: $2,468
    • Date on market: 6/5/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/31/2026Sold$260,000-5.5%$113/sqft
    Source: Realtor Association of the Sioux Empire #22604105 Report a problem
    6/5/2026Listed for sale$275,000$120/sqft
    Source: Realtor Association of the Sioux Empire #22604105 Report a problem
    6/5/2026Listing removed$275,000$120/sqft
    Source: Realtor Association of the Sioux Empire #22602266 Report a problem
    4/2/2026Listed for sale$275,000-4.3%$120/sqft
    Source: Realtor Association of the Sioux Empire #22602266 Report a problem
    11/12/2025Listing removed$287,500+15%$125/sqft
    Source: Realtor Association of the Sioux Empire #22306028 Report a problem
    8/24/2024Listing removed--
    Source: Realtor Association of the Sioux Empire #22306028 Report a problem
    5/31/2024Listed for sale$250,000-13%$109/sqft
    Source: Realtor Association of the Sioux Empire #22403879 Report a problem
    5/5/2024Listing removed$287,500$125/sqft
    Source: Realtor Association of the Sioux Empire #22306028 Report a problem
    9/13/2023Listed for sale$287,500+79.4%$125/sqft
    Source: Realtor Association of the Sioux Empire #22306028 Report a problem
    3/4/2020Sold$160,250+3.4%$70/sqft
    Source: Realtor Association of the Sioux Empire #21908101 Report a problem
    1/21/2020Price change$155,000-6.3%$67/sqft
    Source: Applause Real Estate #21908101 Report a problem
    12/21/2019Listed for sale$165,500+66%$72/sqft
    Source: Applause Real Estate #21908101 Report a problem
    10/10/2013Listing removed$99,700$43/sqft
    Source: Hegg, REALTORS Inc. #21304357 Report a problem
    7/11/2013Listed for sale$99,700-12.9%$43/sqft
    Source: Hegg, REALTORS Inc. #21304357 Report a problem
    2/2/2011Listing removed$114,500$50/sqft
    Source: The Tony Ratchford Group #20806725 Report a problem
    1/8/2011Listed for sale$114,500$50/sqft
    Source: The Tony Ratchford Group #20806725 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,468 -9.6%$154,200 -8.3%
    2024$2,730 +5.8%$168,100 +16.1%
    2023$2,579 -21.4%$144,800 -17.7%
    2022$3,282 +15.3%$176,000 +18.5%
    2021$2,846 +66%$148,500 +18.1%
    2020$1,715 +9.9%$125,700 +53.1%
    2018$1,560 -5.9%$82,094 +7.1%
    2017$1,658 +6.3%$76,675 +1%
    2016$1,560 -0.6%$75,938 +4.9%
    2015$1,570 -0.7%$72,394
    2014$1,580 +6.2%$72,394 +1.4%
    2013$1,488 $71,384
    2012$1,488 $71,384
    2011-- $71,384 +1.4%
    2010-- $70,413
    2009$1,391 $70,413
    2008-- $70,413 +6.8%
    2007-- $65,931
    Find assessor info on the county website

    Neighborhood: Augustana

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowell ES
    • Middle: Edison MS
    • High: Lincoln HS
    • District: Sioux Falls

    Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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