Step into timeless character with this beautifully maintained triplex located in the heart of Sioux Falls. Blending historic charm with thoughtful modern updates, this property offers a fantastic opportunity for investors or owner-occupants looking for income potential.
Each unit features original hardwood floors that showcase the home’s classic character, along with spacious living areas filled with natural light. Updated kitchens include contemporary finishes and essential appliances, providing both style and everyday functionality.
Designed with comfort and privacy in mind, all three units offer generous layouts that maximize living space. Outside, the property boasts attractive curb appeal with well-maintained landscaping.
Conveniently located near parks, dining, shopping, and downtown amenities, this triplex offers a rare opportunity to own a charming, income-producing property in one of Sioux Falls’ most desirable areas.
For sale
$339,900
227 N Spring Ave, Sioux Falls, SD 57104
--beds
--baths
1,966sqft
Multi Family
Built in 1921
-- sqft lot
$-- Zestimate®
$173/sqft
$-- HOA
What's special
- 108 days |
- 233 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Jim F Koch 605-929-5010,
eXp Realty- SF-Allen Edge Team,
Tara L Allen,
eXp Realty- SF-Allen Edge Team
Source: Realtor Association of the Sioux Empire,MLS#: 22601670
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Facts & features
Interior
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Refrigerator, Range, Washer, Dryer
Features
- Flooring: Wood, Laminate
Interior area
- Total structure area: 1,966
- Total interior livable area: 1,966 sqft
Video & virtual tour
Property
Parking
- Parking features: Detached
Features
- Stories: 2
- Entry location: Other
Lot
- Size: 3,693 Square Feet
- Dimensions: 44X84
Details
- Parcel number: 25869
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- HardiPlank Type, Stucco
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bennett's 1st Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $244,500
- Annual tax amount: $3,911
- Date on market: 3/10/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $339,900$173/sqft |
Source: eXp Realty #22601670 Report a problem | ||
| 5/14/2026 | Pending sale | $339,900$173/sqft |
Source: eXp Realty #22601670 Report a problem | ||
| 3/10/2026 | Price change | $339,900-2.9%$173/sqft |
Source:  Realtor Association of the Sioux Empire #22601670 Report a problem | ||
| 1/2/2026 | Price change | $349,900-4.1%$178/sqft |
Source: Realtor Association of the Sioux Empire #22600018 Report a problem | ||
| 9/19/2025 | Listed for sale | $364,900-2.7%$186/sqft |
Source: Realtor Association of the Sioux Empire #22507251 Report a problem | ||
| 9/18/2025 | Listing removed | $374,900$191/sqft |
Source: Realtor Association of the Sioux Empire #22504940 Report a problem | ||
| 6/27/2025 | Listed for sale | $374,900$191/sqft |
Source: Realtor Association of the Sioux Empire #22504940 Report a problem | ||
| 6/26/2025 | Listing removed | $374,900$191/sqft |
Source: Realtor Association of the Sioux Empire #22503203 Report a problem | ||
| 6/9/2025 | Price change | $374,900-3.9%$191/sqft |
Source: Realtor Association of the Sioux Empire #22503203 Report a problem | ||
| 5/1/2025 | Listed for sale | $390,000+15.7%$198/sqft |
Source: Realtor Association of the Sioux Empire #22503203 Report a problem | ||
| 10/30/2023 | Listing removed | -- |
Source: Realtor Association of the Sioux Empire #22300416 Report a problem | ||
| 5/5/2023 | Sold | $337,000-3.7%$171/sqft |
Source: Public Record Report a problem | ||
| 1/27/2023 | Listed for sale | $349,900-12.5%$178/sqft |
Source: Realtor Association of the Sioux Empire #22300416 Report a problem | ||
| 12/19/2022 | Listing removed | -- |
Source: Realtor Association of the Sioux Empire #22205015 Report a problem | ||
| 8/12/2022 | Listed for sale | $400,000+48.1%$203/sqft |
Source: Realtor Association of the Sioux Empire #22205015 Report a problem | ||
| 9/8/2021 | Listing removed | -- |
Source: Realtor Association of the Sioux Empire #22102987 Report a problem | ||
| 6/2/2021 | Listed for sale | $270,000+93%$137/sqft |
Source: Realtor Association of the Sioux Empire #22102987 Report a problem | ||
| 4/22/2016 | Listing removed | $139,900$71/sqft |
Source: Preferred Real Estate, LLC #21504001 Report a problem | ||
| 9/29/2015 | Listed for sale | $139,900+21.4%$71/sqft |
Source: Preferred Real Estate, LLC #21504001 Report a problem | ||
| 3/1/2013 | Sold | $115,250-3.9%$59/sqft |
Source: Realtor Association of the Sioux Empire #21207524 Report a problem | ||
| 12/22/2012 | Listed for sale | $119,900-12.8%$61/sqft |
Source: RE/MAX Professionals Inc. #21207524 Report a problem | ||
| 10/2/2012 | Listing removed | $137,500$70/sqft |
Source: RE/MAX PROFESSIONALS INC #21203480 Report a problem | ||
| 6/2/2012 | Listed for sale | $137,500$70/sqft |
Source: RE/MAX Professionals, Inc. #21203480 Report a problem | ||
| 3/2/2012 | Listing removed | $137,500$70/sqft |
Source: RE/MAX PROFESSIONALS INC #21200589 Report a problem | ||
| 2/4/2012 | Listed for sale | $137,500$70/sqft |
Source: RE/MAX Professionals, Inc. #21200589 Report a problem | ||
| 6/18/2011 | Listing removed | $137,500$70/sqft |
Source: RE/MAX PROFESSIONALS INC #21101336 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,911 +31.9% | $244,500 +33.8% |
| 2024 | $2,966 -0.9% | $182,700 +7.4% |
| 2023 | $2,993 +7% | $170,100 +13.3% |
| 2022 | $2,797 -1.5% | $150,100 +0.7% |
| 2021 | $2,839 -13.5% | $149,100 +9.4% |
| 2020 | $3,281 +18.8% | $136,300 -7.2% |
| 2018 | $2,762 -3.9% | $146,878 +4.6% |
| 2017 | $2,874 +4.1% | $140,354 +0.6% |
| 2016 | $2,762 -0.4% | $139,530 +5.9% |
| 2015 | $2,773 +12.1% | $131,814 |
| 2014 | $2,473 +4.6% | $131,814 +1.1% |
| 2013 | $2,364 | $130,322 |
| 2012 | $2,364 | $130,322 |
| 2011 | -- | $130,322 |
| 2010 | -- | $130,322 |
| 2009 | $2,238 | $130,322 |
| 2008 | -- | $130,322 +3.7% |
| 2007 | -- | $125,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Axtell Park
Nearby schools
GreatSchools rating
- 2/10Hawthorne Elementary - 56Grades: PK-5Distance: 0.3 mi
- 8/10Patrick Henry Middle School - 07Grades: 6-8Distance: 1.9 mi
- 6/10Lincoln High School - 02Grades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Hawthorne ES
- Middle: McGregor Middle School
- High: Thomas Jefferson High School
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Dakota
- Minnehaha County
- Sioux Falls
- 57104
- Axtell Park
- 227 N Spring Ave
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Nearby neighborhoods
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