1426 E 17th St, Sioux Falls, SD 57104
- $224,900
- 1,456
- SqFt
- List Price
- $224,900
- MLS#
- 22605530
- Living Area
- 1,456
- Lot Size
- 5,807
Property Description
2-1 Buydown Available with Acceptable Offer -- A Smart Way to Own for Less! Looking for a more affordable path to homeownership? This well-maintained duplex offers the opportunity to house hack by living in one unit while rental income from the other unit helps offset your monthly mortgage payment. Combined with a 2-1 interest rate buydown, this property can make homeownership significantly more budget friendly during your first two years. It also offers excellent flexibility as a potential vacation rental, or an income producing investment with a projected 9%+ cap rate. The main level unit has been updated with new stainless steel appliances, new flooring, and fresh paint throughout, making it move in ready. The upper unit features a new water heater. The front porch and garage have been freshly painted. An expanded concrete driveway approach adds valuable off-street parking. Located just minutes from vibrant downtown, Avera Hospital, Cherry Rock Park, and only two blocks from the bike trail, this property offers convenience for both owners and tenants. Each unit features 2 bedrooms, 1 bathroom, custom-like kitchen cabinetry, and ceramic tile backsplashes. Separate utility meters (except water) and low-maintenance vinyl siding help keep operating costs manageable. Whether you're looking to lower your monthly housing costs or add a strong income producing property to your portfolio with a projected 9%+ cap rate, this duplex offers flexibility, value, and long-term potential. Affordable living, built-in income potential, and a great location make this an opportunity worth seeing. Owner is a licensed real estate broker.
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Additional Information
- School District
- SiouxFalls
- Middle School
- Patrick Henry MS
- High School
- Lincoln HS
- Elementary School
- Susan B Anthony ES
- Acres
- 0.13
- Appliances
- Range, Refrigerator
- Basement
- Full
- Foundation
- Other
- Heating
- Two Units, Forced Air, Natural Gas
- Living Area
- 1,456
- Lot Size
- 5,807
- Number Of Units
- 2
- Possession
- Negotiable, Subject To Tenant Rights
- Roof
- Composition
- Sewer
- Public Sewer
- Stories
- 2
- Subdivision
- Van Eps Addn
- Water
- Public
- Year Built
- 1904
- Zoning
- Not Verified
Courtesy of Dave Holmoe from Savings Real Estate & Apprsl.
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.