Rare Opportunity Near Downtown Sioux Falls!
Here’s your chance to own a prime corner lot just minutes from downtown Sioux Falls, located within a desirable historic district. This build-ready parcel offers water and sewer already to the lot, saving time and upfront costs.
The property is zoned RT-2 and was previously used as a multi-family triplex, offering excellent flexibility for today’s buyer. One especially attractive option: build a duplex, live in one side, and rent out the other—a smart way to offset your mortgage while investing in a high-demand area.
* Corner lot with great visibility and access
* Utilities at the lot (water & sewer)
* Bring your own builder—no restrictions
* RT-2 zoning supports multi-family. single family, or duplex use
* Historic district charm with modern investment potential
*Strong rental demand near downtown, shopping, dining, and entertainment
Whether you’re an investor, owner-occupant, or builder, this lot offers a rare combination of location, zoning flexibility, and income potential. Opportunities like this near downtown don’t come along often—bring your ideas and make it yours!
87 days
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110
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3
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Zillow last checked:
Listing updated:
Listed by:
Lynne K Forbes,
South Eastern Development Foun
Source: Realtor Association of the Sioux Empire,MLS#: 22602608
Facts & features
Property
Features
Fencing: None
Lot
Size: 5,941 Square Feet
Dimensions: 45 X 131
Features: Corner Lot, City Lot, Less Than One Acre
Details
Parcel number: 42334
Zoning: Lot can be developed as a single or multi-family lot. It has already been rezoned to RT-2.
Utilities & green energy
Sewer: Public Sewer
Water: None
Utilities for property: Natural Gas Available, Electricity Available, Sewer Available
Community & HOA
Community
Subdivision: Pettigrew Addn
HOA
Has HOA: No
Location
Region: Sioux Falls
Financial & listing details
Tax assessed value: $20,500
Date on market: 4/15/2026
Electric utility on property: Yes
Road surface type: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,018/mo
Price history
Date
Event
Price
4/15/2026
Listed for sale
$60,000+20%
Source: Realtor Association of the Sioux Empire #22602608Report a problem
10/31/2025
Listing removed
$50,000
Source: Realtor Association of the Sioux Empire #22500707Report a problem
1/30/2025
Listed for sale
$50,000-42.5%
Source: Realtor Association of the Sioux Empire #22500707Report a problem
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.