Refine Search
Map
Sort by

Courtesy of Daniel Stillson from Gateway Real Estate Advisors.

$800,000
22602499 MLS
Rare eight-unit multifamily asset situated just minutes from Downtown Sioux Falls. 100% comprised of one-bedroom floor plans. This compact, manageable portfolio is an ideal entry-level or add-on acquisition offering straightforward operations and consistent tenant turnover. A turnkey opportunity for the investor seeking stable income with low management overhead in a growing Midwest market.

410 Spring Avenue Ave, Sioux Falls

Courtesy of Lynne Forbes from South Eastern Development Foun.

$299,000
3 Beds ⋅ 1 Baths ⋅ 22600761 MLS
HELLO DOWNTOWN SIOUX FALLS! Enjoy the convenience of downtown living—without the noise and tight quarters of apartment life. This move-in-ready 3-bedroom, 1-bath home offers the ideal blend of comfort, space, and location. Situated near downtown, Falls Park, and other popular amenities, you’ll love how easy it is to enjoy everything downtown has to offer. Walk to dinner in the Steel District, grab a drink at Severance Brewing, or catch a movie at the State Theatre—all just minutes away. The main floor features an open-concept living room, dining area, and kitchen with island and stainless steel appliances, plus a convenient main-floor laundry room. The primary bedroom is also located on the main level and includes a walk-in closet with Jack-and-Jill access to the full bathroom featuring double sinks. You’ll also appreciate the attached two-car garage—perfect for South Dakota winters. Upstairs, you’ll find two additional spacious bedrooms along with an extra area ideal for a home office, playroom, or flex space. The unfinished basement includes egress windows and is ready for your finishing touches, offering potential for a fourth bedroom, family room, and second bathroom. Enjoy relaxing evenings on the covered front porch or entertaining on the backyard deck. Originally built in 1901, this home was relocated to its current site in 2022 and completely renovated from top to bottom. Updates in 2022 included a new foundation, siding, roof, HVAC, plumbing, electrical, water heater, interior and exterior paint, decks, doors and windows, cabinets and vanities, flooring, gutters, and more. This is a fantastic opportunity for a first-time homebuyer who loves the downtown lifestyle. There are no income restrictions on this property—any buyer may purchase, including investors seeking a downtown property to add to their rental portfolio. This home qualifies for the Sioux Falls Public Safety Down Payment Assistance Program, offering up to $20,000 (or 20% of the purchase price, whichever is less) to eligible police officers, firefighters, and other public safety employees. Photos have been virtually staged to demonstrate potential layouts.

623 N Minnesota 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.