Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy.
Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley.
For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.
Listing Courtesy of SIOUX EMPIRE / Listed By: Kim Hofer, Better Homes And Gardens Real Estate Beyond
$425,000 (USD)
Sioux Falls Area Single Family Home
Active
6216 S Mogen Ave Sioux Falls, SD 57108-5701
4 Bed
3 Baths
2456 sqft
MLS# 22606403
Welcome to this spacious multi-level home on the south side of Sioux Falls, offering 4 bedrooms, 3 bathrooms, and plenty of room to live, relax, and entertain. The vaulted upper level features a bright living room, primary suite with walk-in closet and 3/4 en suite bath, plus a second bedroom and full bath. The main level offers an open kitchen and dining area with a sliding door leading to a large deck—perfect for outdoor gatherings. Downstairs, enjoy a generous family room with fireplace and wet bar, a third bedroom, and a beautifully appointed bath featuring a large soaking tub and walk-in shower. The walk-out lower level leads to a private, fenced backyard with underground sprinklers. A fourth spacious bedroom and laundry room complete the lower level. With versatile living spaces, great outdoor areas, and a functional layout, this south-side home is ready to welcome you!
Listing Courtesy of SIOUX EMPIRE / Listed By: Kim Hofer, Better Homes And Gardens Real Estate Beyond
Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley.
For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.