Luxury Living Meets Investment Opportunity in Southeast Sioux Falls!
Located in a brand-new upscale community, this four-unit property offers a rare blend of modern design, privacy, and prime location—just minutes from shopping, dining, and parks. Each spacious unit features 2,470 sq ft of high-end living space with 3 bedrooms, 3.5 bathrooms, and a main-level den perfect for a home office or flex space. Enjoy open-concept kitchens, cozy fireplaces, and expanded outdoor living with walkout patios and second-story decks.
Currently 50% complete, this is an ideal opportunity for investors to choose final finishes and maximize rental appeal. Don’t miss your chance to own a premier income-generating property in one of Sioux Falls’ most desirable areas!
Pending
$1,299,000
5000 E 54th St, Sioux Falls, SD 57110
--beds
--baths
9,878sqft
Multi Family
Built in 2022
-- sqft lot
$-- Zestimate®
$132/sqft
$-- HOA
What's special
- 484 days
- 47
- 0
Zillow last checked:
Listing updated:
Listed by:
Monica E Pluim 605-595-7307,
Coldwell Banker Empire Realty 605-610-9848,
Darren R Pluim,
Coldwell Banker Empire Realty
Source: Realtor Association of the Sioux Empire,MLS#: 22505002
Facts & features
Interior
Heating
- Two or More Units
Cooling
- Electric
Appliances
- Included: Refrigerator, Range, Dishwasher, Microwave
Features
- Basement: None
Interior area
- Total interior livable area: 9,878 sqft
Property
Parking
- Parking features: Attached
Features
- Stories: 3
- Entry location: Private
Lot
- Size: 0.45 Acres
- Dimensions: 154x77x167x184
Details
- Parcel number: 95131
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- HardiPlank Type, Stucco
- Foundation: Slab
- Roof: Other
Condition
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Community Water, Public
Community & HOA
Community
- Security: Smoke Detector(s), Fire Sprinkler System
- Subdivision: BROOKS CROSSING ADDITION TO THE CITY OF SIOUX FALLS
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $643,000
- Annual tax amount: $10,286
- Date on market: 6/27/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Pending sale | $1,299,000$132/sqft |
Source:  Realtor Association of the Sioux Empire #22505002 Report a problem | ||
| 5/4/2026 | Listed for rent | $2,799 |
Source: Zillow Rentals Report a problem | ||
| 6/27/2025 | Listed for sale | $1,299,000$132/sqft |
Source: Realtor Association of the Sioux Empire #22505002 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,286 -1.5% | $643,000 |
| 2024 | $10,438 +244.4% | $643,000 +322.5% |
| 2023 | $3,031 +168% | $152,200 +288.3% |
| 2022 | $1,131 | $39,200 |
| 2021 | -- | -- |
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: 57110
Nearby schools
Schools provided by the listing agent
- Elementary: John Harris ES
- Middle: Ben REifel Middle School
- High: Washington 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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