202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD. This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a turnkey solution for investors seeking minimal management and strong tenant demand. The property received a new roof in 2022, reducing near-term capital expenditure and enhancing long-term durability.
172 days
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238
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10
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Zillow last checked:
Listing updated:
Listed by:
Nic Madsen712-540-6562,
Gateway Real Estate Advisors
Source: Northwest Iowa Regional BOR,MLS#: 831620
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Interior area
Total structure area: 2,000
Total interior livable area: 2,000 sqft
Finished area below ground: 0
Property
Lot
Size: 3,484 Square Feet
Details
Parcel number: 033943
Zoning: res
Zoning description: res
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
Year built: 1916
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Location
Region: Sioux Falls
Financial & listing details
Price per square foot: $150/sqft
Tax assessed value: $99,666
Annual tax amount: $2,688
Price range: $299.9K - $299.9K
Date on market: 1/27/2026
Total actual rent: 39900
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,242/mo
Price history
Date
Event
Price
7/1/2026
Price change
$299,900-4.8%$150/sqft
Source: Realtor Association of the Sioux Empire #22600488Report a problem
5/4/2026
Price change
$314,900-3.1%$157/sqft
Source: Realtor Association of the Sioux Empire #22600488Report a problem
1/24/2026
Listed for sale
$324,900$162/sqft
Source: Realtor Association of the Sioux Empire #22600488Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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