**Centrally Located Fully Rented Triplex** This centrally located triplex offers a solid investment opportunity with its fully rented units. Each unit has a comfortable 1 bedroom and 1 bathroom layout, its own private entrance, wall-mounted A/C unit, and fuse box. The property features shared laundry facilities with coin-operated machines. Upgrades include several newer windows and kitchen cabinets. This triplex presents a prime investment opportunity, with its reliable rental income and potential for further appreciation. Don't miss out on this exceptional chance to add a profitable income-generating property to your portfolio.
Sold for $225,000
$225,000
529 S Menlo Ave, Sioux Falls, SD 57104
--beds
--baths
1,630sqft
Multi Family
Built in 1914
-- sqft lot
$231,200 Zestimate®
$138/sqft
$1,160 Estimated rent
Home value
$231,200
$220,000 - $245,000
$1,160/mo
Zestimate® history
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$1,167/mo
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Zillow last checked:
Listing updated:
Listed by:
Andrew C Adam 605-412-4663,
Adam Realty LLC 605-412-4663
Bought with:
Lizzy J Doohen
Source: Realtor Association of the Sioux Empire,MLS#: 22403429
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Flooring: Carpet, Vinyl
Interior area
- Total interior livable area: 1,630 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 2
- Entry location: Private
Lot
- Size: 5,344 Square Feet
- Dimensions: 66x81
Details
- Parcel number: 31520
- Zoning: Not Verified
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Folsom 2nd Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $139,900
- Annual tax amount: $2,238
- Date on market: 6/26/2024
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $225,000-4.3%$138/sqft |
Source:  Realtor Association of the Sioux Empire #22403429 Report a problem | ||
| 8/20/2024 | Price change | $234,999-6%$144/sqft |
Source: Realtor Association of the Sioux Empire #22403429 Report a problem | ||
| 6/14/2024 | Price change | $249,900-2%$153/sqft |
Source: Realtor Association of the Sioux Empire #22403429 Report a problem | ||
| 5/16/2024 | Listed for sale | $255,000+50%$156/sqft |
Source: Realtor Association of the Sioux Empire #22403429 Report a problem | ||
| 2/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/24/2024 | Listed for rent | $625 |
Source: Zillow Rentals Report a problem | ||
| 1/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/16/2023 | Listed for rent | $625+4.2% |
Source: Zillow Rentals Report a problem | ||
| 10/22/2021 | Sold | $170,000+88.9%$104/sqft |
Source: Realtor Association of the Sioux Empire #22105699 Report a problem | ||
| 6/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/1/2021 | Listed for rent | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/26/2020 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 6/17/2020 | Listed for rent | $600+20% |
Source: Owner Report a problem | ||
| 4/6/2020 | Listing removed | $500 |
Source: Owner Report a problem | ||
| 3/27/2020 | Listed for rent | $500-16.7% |
Source: Owner Report a problem | ||
| 1/5/2020 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 12/12/2019 | Listed for rent | $600 |
Source: Owner Report a problem | ||
| 4/28/2017 | Sold | $90,000-10%$55/sqft |
Source: Realtor Association of the Sioux Empire #21606886 Report a problem | ||
| 4/7/2017 | Pending sale | $100,000$61/sqft |
Source: Keller Williams - Sioux Falls, SD #21606886 Report a problem | ||
| 11/18/2016 | Listed for sale | $100,000$61/sqft |
Source: Keller Williams Realty-SF #21606886 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,238 +4.3% | $139,900 +5.8% |
| 2024 | $2,146 -3.7% | $132,200 +7.7% |
| 2023 | $2,228 -3% | $122,700 +2.3% |
| 2022 | $2,296 +19.3% | $120,000 +23.3% |
| 2021 | $1,925 -9.9% | $97,300 -2.4% |
| 2020 | $2,136 +10.6% | $99,700 -2.4% |
| 2018 | $1,932 -6.3% | $102,140 +7.6% |
| 2017 | $2,062 +6.8% | $94,935 +8.5% |
| 2016 | $1,932 +6.6% | $87,497 +5.2% |
| 2015 | $1,812 +0.3% | $83,183 |
| 2014 | $1,807 +6.3% | $83,183 +2.6% |
| 2013 | $1,700 | $81,088 |
| 2012 | $1,700 | $81,088 |
| 2011 | -- | $81,088 +1.5% |
| 2010 | -- | $79,888 |
| 2009 | $1,589 | $79,888 |
| 2008 | -- | $79,888 +6.1% |
| 2007 | -- | $75,271 |
Find assessor info on the county website
Neighborhood: Pettigrew Heights
Nearby homes
- $--1 bd1 ba-- sqft529 S Menlo Ave #529-1/2, Sioux Falls, SD 57104Off Market
- $--1 bd1 ba550 sqft1000 W 14th St, Sioux Falls, SD 57104Off Market
- $91,1183 bd2 ba1.2k sqft1016 W 14th St, Sioux Falls, SD 57104Off Market
- $124,9002 bd1 ba750 sqft527 S Menlo Ave, Sioux Falls, SD 57104Off Market
- $181,7003 bd2 ba720 sqft1008 W 14th St, Sioux Falls, SD 57104Off Market
- $139,2002 bd1 ba645 sqft525 S Menlo Ave, Sioux Falls, SD 57104Off Market
- $135,3001 bd1 ba600 sqft523 S Menlo Ave, Sioux Falls, SD 57104Off Market
- $126,000-- bd-- ba1.1k sqft521 S Menlo Ave, Sioux Falls, SD 57104Sold
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary - 28Grades: PK-5Distance: 0.4 mi
- 3/10George Mcgovern Middle School -09Grades: 6-8Distance: 3.9 mi
- 6/10Jefferson High School - 67Grades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Lowell ES
- Middle: George McGovern MS - Sioux Falls
- 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.
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