213 S Spring Ave, Sioux Falls, SD 57104

$499,000
3,230
SqFt

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List Price
$499,000
MLS#
22603149
Living Area
3,230
Lot Size
6,599

Property Description

Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset.

Additional Information

School District
SiouxFalls
Middle School
George McGovern MS - Sioux Falls
High School
Thomas Jefferson High School
Elementary School
Lowell ES
Acres
0.15
Appliances
Refrigerator, Range
Basement
Full
Foundation
Block
Heating
Natural Gas
Living Area
3,230
Lot Size
6,599
Number Of Units
5
Possession
Negotiable
Roof
Composition
Sewer
Public Sewer
Stories
2
Subdivision
Bennetts 1st
Water
Public
Year Built
1937

Courtesy of Danielle Konechne from Grand Sothebys International Realty.


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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