Great investment opportunity. $3,000 flooring allowance for unit #1. Great ROI opportunity. Gross rents per month $3,200. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.
For sale
$264,000
514 S Summit Ave, Sioux Falls, SD 57104
--beds
--baths
1,864sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
- 41 days
- 88
- 5
Zillow last checked:
Listing updated:
Listed by:
Terry L Keller Cell:605-728-1041,
Market First Real Estate 605-940-6601
Source: Realtor Association of the Sioux Empire,MLS#: 22605473
Facts & features
Interior
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Refrigerator, Range
Features
- Flooring: Carpet, Wood, Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 1,864 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 3
- Entry location: Other
Lot
- Size: 5,000 Square Feet
- Dimensions: 55 x 91
Details
- Parcel number: 34078
- Zoning: Not Verified
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Grigsby Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $169,100
- Annual tax amount: $2,705
- Date on market: 7/21/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $264,000-1.9%$142/sqft |
Source:  Realtor Association of the Sioux Empire #22605473 Report a problem | ||
| 11/1/2025 | Listing removed | $269,000$144/sqft |
Source: Realtor Association of the Sioux Empire #22506402 Report a problem | ||
| 9/3/2025 | Price change | $269,000-3.2%$144/sqft |
Source: Realtor Association of the Sioux Empire #22506402 Report a problem | ||
| 8/18/2025 | Listed for sale | $278,000$149/sqft |
Source: Realtor Association of the Sioux Empire #22506402 Report a problem | ||
| 8/1/2025 | Listing removed | $278,000$149/sqft |
Source: Realtor Association of the Sioux Empire #22504365 Report a problem | ||
| 6/9/2025 | Listed for sale | $278,000-6.7%$149/sqft |
Source: Realtor Association of the Sioux Empire #22504365 Report a problem | ||
| 5/1/2025 | Listing removed | $298,000$160/sqft |
Source: Realtor Association of the Sioux Empire #22501950 Report a problem | ||
| 3/25/2025 | Listed for sale | $298,000$160/sqft |
Source: Realtor Association of the Sioux Empire #22501950 Report a problem | ||
| 2/1/2025 | Listing removed | $298,000$160/sqft |
Source: Realtor Association of the Sioux Empire #22409019 Report a problem | ||
| 12/22/2024 | Listed for sale | $298,000+297.3%$160/sqft |
Source: Realtor Association of the Sioux Empire #22409019 Report a problem | ||
| 5/10/2000 | Sold | $75,000$40/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,705 +5% | $169,100 +6.6% |
| 2024 | $2,576 -9.6% | $158,700 -1.1% |
| 2023 | $2,851 +5% | $160,400 +11.1% |
| 2022 | $2,716 +14.6% | $144,400 +17.9% |
| 2021 | $2,370 -2.6% | $122,500 -15.2% |
| 2020 | $2,432 +11.1% | $144,400 +22.3% |
| 2018 | $2,189 -6.7% | $118,072 +7.9% |
| 2017 | $2,346 +7.1% | $109,428 +1.1% |
| 2016 | $2,189 -0.5% | $108,258 +5.1% |
| 2015 | $2,200 +0.1% | $103,026 |
| 2014 | $2,198 +6% | $103,026 +2.1% |
| 2013 | $2,073 | $100,948 |
| 2012 | $2,073 | $100,948 |
| 2011 | -- | $100,948 +1.1% |
| 2010 | -- | $99,810 |
| 2009 | $1,941 | $99,810 |
| 2008 | -- | $99,810 +5.8% |
| 2007 | -- | $94,382 |
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: Pettigrew Heights
Nearby schools
Schools provided by the listing agent
- Elementary: Lowell ES
- Middle: Edison MS
- 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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