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.
For sale
Price cut: $15K (7/1)
$299,900
202 N French Ave, Sioux Falls, SD 57103
4beds
2,000sqft
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$150/sqft
$-- HOA
What's special
- 218 days
- 122
- 11
Zillow last checked:
Listing updated:
Listed by:
Nic Madsen 712-540-6562,
Gateway Real Estate Advisors
Source: Northwest Iowa Regional BOR,MLS#: 831620
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
Not available
Estimated sales range
Not available
$1,242/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $299,900-4.8%$150/sqft |
Source: | ||
| 5/4/2026 | Price change | $314,900-3.1%$157/sqft |
Source: | ||
| 1/24/2026 | Listed for sale | $324,900$162/sqft |
Source: | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/21/2020 | Listing removed | $650 |
Source: Owner Report a problem | ||
| 8/13/2020 | Listed for rent | $650 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $2,112 | $99,666 |
Find assessor info on the county website
Monthly payment
Est. payment




