2894 E Old Orchard Trl, Sioux Falls, SD 57103

$475,000

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Property Description

Prime opportunity to purchase a residential property with significant upside potential. The existing home is currently livable and offers the opportunity for renovation, updating, and personalization to create additional value. For buyers looking for a new construction opportunity, the property also provides the flexibility to remove the existing structure through a program with the South East Development Foundation (SEDF), creating a clean lot ready for future development. This unique offering combines immediate usability with long-term investment potential. Through the SEDF program, qualified buyers may be eligible for a potential tax credit estimated between $150,000–$200,000, providing a substantial financial advantage for those planning a new build, redevelopment project, or strategic investment. Whether you choose to update the existing home or take advantage of the redevelopment opportunity, this property offers options rarely available in today’s market. Review the attached document for complete details regarding the SEDF program, eligibility requirements, and application process.

Additional Information

School District
SiouxFalls
Middle School
Ben REifel Middle School
High School
Washington HS
Elementary School
Harvey Dunn ES
Acres
0.63
Lot Size
27,495
Possession
Negotiable
Sewer
Public Sewer
Subdivision
Orchard Heights Addn
Utilities
Natural Gas Available, Electricity Available
Water
Public
Zoning
Residential

Courtesy of Mert Kramer from Keller Williams Realty Sioux Falls.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2026 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.

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