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Courtesy of Rob Kurtenbach from Bender REALTORS.

$850,000
22508662 MLS
Fantastic Investment Opportunity – 10-Unit Apartment Property. Discover a strong-performing multifamily investment located at 1201 & 1205 S Blaine Ave in Sioux Falls. This offering includes two separate apartment buildings totaling 10 units—ideal for buyers seeking portfolio growth, value-add potential, or flexible resale options in the future. The first building features 4 units, and the second offers 6 units. Together, the properties include eight 2-bed/1-bath units and two 1-bed/1-bath units, providing a desirable mix for consistent occupancy. Because the parcels are individually platted, a buyer could explore purchasing or financing them separately. Owner-occupied buyers interested in alternative financing may also consider verifying whether the 4-unit building qualifies for South Dakota Housing financing (low down payment options). Current rents sit slightly below market, offering immediate upside for an investor. Even greater returns could be achieved through self-management, creating additional cash flow. Offered at $900,000 for both properties, this is a rare opportunity to acquire stable, well-located rental units with strong long-term potential. Perfect for both new investors and seasoned owners looking to expand their holdings. 1201 building had a new roof in 2022 and the other roof is estimated at less than 10 years old. Financials are available upon request from the broker. One or more of the owners is a licensed real estate broker in South Dakota.

1201 & 1205 S Blaine Ave, Sioux Falls

Courtesy of Mike Winter from Hegg, REALTORS. OFFICE: 605-336-2100

$499,900
5 Beds 3 Baths 22508396 MLS
New Price Drop!! Very spaces, style, convenience and situated on a desirable corner lot this West Side Multi-level walkout featuring 5 bedrooms, 3 full bathrooms and a 3-stall oversized garage. The main level kitchen features brand-new stainless-steel appliances, cabinets galore, island and dining area with slider to deck. The step-down living room with vaulted ceiling is spacious and with windows to the east allows a ton of nature light into the gathering area for perfect entertaining. The upper level has a large primary suite with private bath, jacuzzi tub, step-in shower, walk-in closet as well as an additional bedroom and a full bath all located on one level. The Lower Level has a large family room with a beautiful cozy gas fireplace, walkout to the backyard patio, a 3rd bedroom, full bathroom and laundry room. The fourth level basement area includes an additional 2 spacious bedrooms with double closets. Some recent updates were carpet, 2 gas water heaters in 2018, and in Nov 2025 all new stainless kitchen appliances and a just completed epoxy floor in oversized garage!

809 S Outlook Dr, Sioux Falls

Courtesy of Anita Wetsch from 605 Real Estate LLC.

$811,875
2 Beds 3 Baths 22407433 MLS
Downtown Luxury Living at The Steel District – Customize Your Dream Condo Experience a rare opportunity to design your ideal residence in the heart of Downtown Sioux Falls at The Steel District—an iconic, riverfront community redefining urban living. These premium condo shells offer a unique chance to create a fully customized home within a vibrant, fully integrated live-work-play-stay environment along the scenic Big Sioux River. Each unit is delivered as a high-quality base shell—professionally framed, plumbed, and heated—providing a solid foundation for your personalized vision. Whether you’re designing a modern retreat or a sophisticated city residence, the possibilities are yours to define. For added convenience, an optional turnkey solution is available, allowing the developer to complete your residence to a thoughtfully curated, pre-selected luxury finish level—offering a streamlined, stress-free path to move-in-ready elegance. Residents enjoy exclusive access to exceptional amenities, including a state-of-the-art fitness center and a beautifully designed owners’ lounge with indoor and outdoor entertaining spaces overlooking the Levitt Shell and stunning downtown skyline views. Connected by skywalk, The Steel District offers seamless access to premier dining, coffee shops, boutique retail, and the Hilton Canopy Hotel. Step outside and immerse yourself in the energy of the neighborhood. A thoughtfully designed pedestrian passage weaves through the development, guiding residents and guests through curated public art installations—creating an engaging, walkable experience that connects the community to Lloyd Landing, the River Walk, and surrounding gathering spaces. Enjoy Lloyd Landing’s dog park, public art, and shelter areas, or explore the extensive bike trail system. Just moments away, take in the natural beauty of Falls Park and the vibrant activity at Jacobsen Plaza, featuring an ice-skating ribbon, splash pad, inclusive playground, and more. Gated parking options are available for lease or purchase. This is more than a home—it’s a lifestyle. Don’t miss your chance to own a piece of one of Sioux Falls’ most exciting and transformative developments.

151 E 4th Pl Unit 105, Sioux Falls

Courtesy of Anita Wetsch from 605 Real Estate LLC.

$801,570
2 Beds 3 Baths 22407429 MLS
Downtown Luxury Living at The Steel District – Customize Your Dream Condo Experience a rare opportunity to design your ideal residence in the heart of Downtown Sioux Falls at The Steel District—an iconic, riverfront community redefining urban living. These premium condo shells offer a unique chance to create a fully customized home within a vibrant, fully integrated live-work-play-stay environment along the scenic Big Sioux River. Each unit is delivered as a high-quality base shell—professionally framed, plumbed, and heated—providing a solid foundation for your personalized vision. Whether you’re designing a modern retreat or a sophisticated city residence, the possibilities are yours to define. For added convenience, an optional turnkey solution is available, allowing the developer to complete your residence to a thoughtfully curated, pre-selected luxury finish level—offering a streamlined, stress-free path to move-in-ready elegance. Residents enjoy exclusive access to exceptional amenities, including a state-of-the-art fitness center and a beautifully designed owners’ lounge with indoor and outdoor entertaining spaces overlooking the Levitt Shell and stunning downtown skyline views. Connected by skywalk, The Steel District offers seamless access to premier dining, coffee shops, boutique retail, and the Hilton Canopy Hotel. Step outside and immerse yourself in the energy of the neighborhood. A thoughtfully designed pedestrian passage weaves through the development, guiding residents and guests through curated public art installations—creating an engaging, walkable experience that connects the community to Lloyd Landing, the River Walk, and surrounding gathering spaces. Enjoy Lloyd Landing’s dog park, public art, and shelter areas, or explore the extensive bike trail system. Just moments away, take in the natural beauty of Falls Park and the vibrant activity at Jacobsen Plaza, featuring an ice-skating ribbon, splash pad, inclusive playground, and more. Gated parking options are available for lease or purchase. This is more than a home—it’s a lifestyle. Don’t miss your chance to own a piece of one of Sioux Falls’ most exciting and transformative developments.

151 E 4th Pl Unit 101, Sioux Falls

Courtesy of Blake Bohner from 605 Real Estate LLC.

$1,200,000
22506308 MLS
Conklin Apartments, located at 304–308 S. Conklin Ave in Sioux Falls, offers an excellent opportunity to acquire a 12-unit multifamily property in a strong rental market. Built in 1975, this Class B garden-style complex features a mix of one studio unit at 450 sq. ft., five one-bedroom units at 550 sq. ft., and six two-bedroom units at 675 sq. ft., for a total of 7,250 net rentable square feet situated on a 0.42-acre lot. The property includes off-street parking at a ratio of 1.17 spaces per unit, brick exterior construction with a mansard-style roof, and individually metered electricity with sub-metered water and sewer. As of June 24, 2025, the building is 91.7% occupied with in-place rents totaling $7,187 per month and a market rent potential of $9,323 per month, offering clear upside for investors through lease-up and rent adjustments. Units feature functional layouts with balconies or patios, standard appliances, and laundry connections. The property benefits from a convenient location with excellent visibility, quick access to Interstate 229, and close proximity to retail, dining, and major employment hubs. With its desirable location and income growth potential, Conklin Apartments presents a solid opportunity for both value-add and long-term hold strategies in the growing Sioux Falls market.

304 308 S Conklin Ave, 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.