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Courtesy of Mert Kramer from Keller Williams Realty Sioux Falls.

$475,000
22602812 MLS
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.

2894 E Old Orchard Trl, Sioux Falls

Courtesy of Lynne Forbes from South Eastern Development Foun.

$60,000
22602608 MLS
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!

924 W 10th St, Sioux Falls

Courtesy of Stephanie Ordonez from Casa Reynoza.

$275,000
22602063 MLS
Prime commercial opportunity in the rapidly expanding northwest Sioux Falls corridor. This C-2 zoned lot offers excellent visibility and convenient access just off N Marion Rd, with close proximity to I-90 and other major roads—ideal for a wide range of commercial uses. Spanning approximately 0.68 acres, this property provides ample space for development including retail, office, or service-oriented businesses. The surrounding area continues to see strong residential and commercial growth, creating increased demand and long-term value potential. Located within city limits and positioned near established neighborhoods and expanding developments, this site offers both accessibility and opportunity for future growth. Immediate possession available.

1101 N Marion Rd, Sioux Falls

Courtesy of Deb Husby from Keller Williams Realty Sioux Falls.

$285,000
22509056 MLS
This is an opportunity you should not miss, the rare chance to acquire three adjacent properties—2100 E 5th Street, 2200 E 5th Street, and 2300 E 5th Street—in a single, strategic transaction. This is a contiguous block of development potential in the heart of Sioux Falls, or maybe you've been looking for a wooded oasis in the city. This is not just a sale of property; it's the offering of a blank canvas for major development in a high-growth corridor. A Strategic Location: Positioned on East 5th Street in Sioux Falls, these properties are in an area with access to local amenities (within 1-mile to HyVee, Slim-Chickens and other local restaurants), adjacent to Leaders Park and easy access to I-229 as well as evolving community infrastructure. Whether your vision is for a large-scale housing project, mixed-use commercial center, strategic land-banking, or a private oasis, acquiring all three simultaneously maximizes the properties size and inherent value. Note: Selling Price, Taxes and Acres/Sq Ft reflect the 3-lots together.

2300 E 5th St, 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.