Investor opportunity in central Sioux Falls! This triplex offers three separate, furnished units with flexible rental potential and a convenient location near 33rd Street, Minnesota Avenue, schools, shopping, dining, and everyday amenities. Currently used for short-term rental stays, the property includes a spacious 2 bedroom, 1 bath main floor unit, plus a 1 bedroom, 1 bath upper unit and a 1 bedroom, 1 bath lower-level unit. Each unit offers its own living space, kitchen area, bedroom/bath setup, and comfortable layout, creating options for an owner-occupant, house hacker, short-term rental investor, or long-term rental portfolio addition. The main floor unit features generous living and dining spaces, an inviting kitchen, two bedrooms, and a full bath. The lower level includes a living room, kitchen, bedroom, and bath. The upper unit offers a private entrance via exterior balcony access, with its own kitchen, living/dining space, bedroom, bath, and additional den/living area. Shared laundry access available to all units in the basement. On-site paved parking adds everyday convenience. Seller intends to sell the property furnished, with some exclusions. A flexible, income-producing property in a desirable Sioux Falls location with multiple paths for future use. Associated documents contains breakdown of income and expenses.
For sale
$450,000
2504 S Summit Ave, Sioux Falls, SD 57105
--beds
--baths
2,420sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$186/sqft
$-- HOA
What's special
On-site paved parkingInviting kitchenThree separate furnished units
- 95 days
- 253
- 11
Zillow last checked:
Listing updated:
Listed by:
Keisha I Tran,
Amy Stockberger Real Estate 605-376-6780,
Amy M Stockberger,
Amy Stockberger Real Estate
Source: Realtor Association of the Sioux Empire,MLS#: 22603776
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Refrigerator, Range, Dishwasher, Washer, Dryer, Microwave
Features
- Flooring: Carpet, Tile, Wood, Vinyl, Laminate
- Basement: Full
Interior area
- Total structure area: 2,420
- Total interior livable area: 2,420 sqft
Video & virtual tour
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Entry location: Private
Lot
- Size: 9,766 Square Feet
- Dimensions: 75 x 135
Details
- Parcel number: 47019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- HardiPlank Type, Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights, Smoke Detector(s)
- Subdivision: F A Smith Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $296,100
- Annual tax amount: $4,737
- Date on market: 5/27/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $450,000+130.8%$186/sqft |
Source: | ||
| 6/3/2020 | Sold | $195,000+25.9%$81/sqft |
Source: Public Record Report a problem | ||
| 5/31/2017 | Sold | $154,900-0.6%$64/sqft |
Source: | ||
| 3/28/2017 | Price change | $155,900-3.7%$64/sqft |
Source: Ogdie Realty #21700460 Report a problem | ||
| 2/2/2017 | Listed for sale | $161,900$67/sqft |
Source: Ogdie Realty #21700460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,737 -9% | $296,100 -7.7% |
| 2024 | $5,206 +6.2% | $320,800 +16.4% |
| 2023 | $4,902 +3.4% | $275,600 +9.4% |
| 2022 | $4,740 +33.2% | $252,000 +38% |
| 2021 | $3,559 -1.5% | $182,600 |
| 2020 | $3,614 +11.1% | $182,600 +6.5% |
| 2018 | $3,252 | $171,386 +16.1% |
| 2016 | $3,252 +7.4% | $147,592 +4.2% |
| 2015 | $3,027 +1.3% | $141,637 |
| 2014 | $2,989 +10.2% | $141,637 +2.1% |
| 2013 | $2,712 | $138,659 +5.3% |
| 2012 | $2,712 | $131,624 +47.8% |
| 2011 | -- | $89,073 |
| 2010 | -- | $89,073 |
| 2009 | $1,775 | $89,073 |
| 2008 | -- | $89,073 -37.9% |
| 2007 | -- | $143,353 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 57105
Nearby schools
Schools provided by the listing agent
- Elementary: Laura Wilder ES
- Middle: Edison MS
- High: Roosevelt 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.





