Seventeen-unit multifamily investment positioned in an established South Sioux Falls neighborhood with immediate access to the city's dense retail and employment base. Mid-size assets of this type offer an optimal blend of cash flow stability and operational manageability — ideal for the investor seeking meaningful scale without the complexity of a large community. A strong income-producing asset in a city that continues to rank among the Midwest's fastest-growing markets.
108 days
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101
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Zillow last checked:
Listing updated:
Listed by:
Daniel R Stillson,
Gateway Real Estate Advisors712-226-8000
Source: Realtor Association of the Sioux Empire,MLS#: 22602494
Facts & features
Interior
Heating
Natural Gas
Cooling
Electric
Features
Flooring: Carpet, Vinyl
Basement: None
Interior area
Total interior livable area: 17,616 sqft
Property
Parking
Parking features: Detached
Features
Stories: 3
Entry location: Community
Lot
Size: 0.4 Acres
Dimensions: 17325
Details
Parcel number: 031608
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick Veneer
Roof: Tar/Gravel
Condition
Year built: 1969
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Security: Gated with Guard
Subdivision: Folsom 2nd Addn
Location
Region: Sioux Falls
Financial & listing details
Price per square foot: $97/sqft
Date on market: 4/10/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/10/2026
Listed for sale
$1,700,000$97/sqft
Source: Realtor Association of the Sioux Empire #22602494Report 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.