Investment opportunity near downtown Sioux Falls! This triplex features one occupied 2-bedroom, 1-bath unit, along with two vacant 1-bedroom, 1-bath units.
Located just blocks from downtown, tenants can enjoy convenient access to shopping, dining, entertainment, and major employers. While the building could benefit from repairs and updates, it presents an excellent value-add opportunity.
Whether you're looking to expand your rental portfolio or purchase your first multi-family property, this triplex offers income potential in a convenient location.
45 days
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457
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22
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Zillow last checked:
Listing updated:
Listed by:
Jeremy J Simon,
Keller Williams Realty Sioux Falls
Source: Realtor Association of the Sioux Empire,MLS#: 22603838
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Facts & features
Interior
Heating
Two or More Units, Natural Gas
Cooling
Electric
Appliances
Included: Refrigerator, Range
Features
Flooring: Carpet, Wood, Laminate
Basement: Partial
Interior area
Total interior livable area: 2,948 sqft
Property
Parking
Parking features: Off Street
Features
Stories: 2
Entry location: Community,Private
Lot
Size: 6,899 Square Feet
Dimensions: 92x75
Details
Parcel number: 25961
Zoning: Not Verified
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Wood Siding
Roof: Composition
Condition
Year built: 1903
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Bennett's 1st Addn
Location
Region: Sioux Falls
Financial & listing details
Price per square foot: $76/sqft
Tax assessed value: $326,500
Annual tax amount: $5,223
Date on market: 5/29/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/24/2026
Price change
$225,000-18.2%$76/sqft
Source: Realtor Association of the Sioux Empire #22603838Report a problem
5/29/2026
Listed for sale
$275,000+57.1%$93/sqft
Source: Realtor Association of the Sioux Empire #22603838Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.