1% Rule Achieved in this centrally located duplex in Sioux Falls, SD. This duplex has a lower level and upper level apartment that cash flows along with many updates throughout with room to add more equity.
Sold for $163,000
$163,000
137 S Lake Ave, Sioux Falls, SD 57104
--beds
--baths
1,800sqft
Multi Family
Built in 1900
-- sqft lot
$164,700 Zestimate®
$91/sqft
$965 Estimated rent
Home value
$164,700
$153,000 - $176,000
$965/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Destinie R Marshall,
Real Broker LLC
Bought with:
Greg T Doohen
Source: Realtor Association of the Sioux Empire,MLS#: 22500761
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet
- Basement: Partial
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Entry location: Other
Lot
- Size: 4,399 Square Feet
- Dimensions: 0.1
Details
- Parcel number: 29243
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- HardiPlank Type
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Covell's 2nd Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $190,500
- Annual tax amount: $2,479
- Date on market: 2/2/2025
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $163,000-4.1%$91/sqft |
Source:  Realtor Association of the Sioux Empire #22500761 Report a problem | ||
| 2/2/2025 | Listed for sale | $169,900+3%$94/sqft |
Source: Realtor Association of the Sioux Empire #22500761 Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source:  Realtor Association of the Sioux Empire Report a problem | ||
| 12/22/2020 | Listed for sale | $165,000+121.2%$92/sqft |
Source: Freedom Realty Inc #22007392 Report a problem | ||
| 6/30/2014 | Sold | $74,600-6.3%$41/sqft |
Source: Public Record Report a problem | ||
| 4/29/2014 | Listed for sale | $79,600$44/sqft |
Source: Realty Center #21307248 Report a problem | ||
| 4/15/2014 | Pending sale | $79,600$44/sqft |
Source: Realty Center #21307248 Report a problem | ||
| 4/5/2014 | Price change | $79,600-6.2%$44/sqft |
Source: Realty Center #21307248 Report a problem | ||
| 2/22/2014 | Price change | $84,900-4.6%$47/sqft |
Source: Realty Center #21307248 Report a problem | ||
| 11/28/2013 | Listed for sale | $89,000+4.7%$49/sqft |
Source: Realty Center #21307248 Report a problem | ||
| 4/2/2011 | Listing removed | $85,000$47/sqft |
Source: Ogdie Realty #20904546 Report a problem | ||
| 3/31/2011 | Listed for sale | $85,000$47/sqft |
Source: Ogdie Realty #20904546 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,479 +2.5% | $190,500 +3.3% |
| 2024 | $2,418 -8.2% | $184,500 -1.5% |
| 2023 | $2,633 +4.5% | $187,400 +10.8% |
| 2022 | $2,520 +29.1% | $169,100 +33.8% |
| 2021 | $1,952 -20.5% | $126,400 +2.8% |
| 2020 | $2,455 +10.1% | $122,900 -18.2% |
| 2018 | $2,231 -4.6% | $150,203 +5.8% |
| 2017 | $2,339 +4.8% | $141,929 +11.2% |
| 2016 | $2,231 +12.9% | $127,638 +5.9% |
| 2015 | $1,977 -22.1% | $120,518 |
| 2014 | $2,538 +4.9% | $120,518 +0.8% |
| 2013 | $2,420 | $119,554 |
| 2012 | $2,420 | $119,554 |
| 2011 | -- | $119,554 |
| 2010 | -- | $119,554 |
| 2009 | $2,288 | $119,554 |
| 2008 | -- | $119,554 +2.6% |
| 2007 | -- | $116,564 |
Find assessor info on the county website
Neighborhood: Axtell Park
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Nearby schools
GreatSchools rating
- 3/10Lowell Elementary - 28Grades: PK-5Distance: 0.8 mi
- 3/10George Mcgovern Middle School -09Grades: 6-8Distance: 3.5 mi
- 6/10Jefferson High School - 67Grades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Lowell ES
- Middle: Axtell Park 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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- South Dakota
- Minnehaha County
- Sioux Falls
- 57104
- Axtell Park
- 137 S Lake Ave
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