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$ 1,300,000
Est. payment /mo
New
2805 E Bragstad Dr Sioux Falls, SD 57103
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $260
Subdivision Klondike Addn
MLS Listing ID 22600489
Year Built 1993
Property Sub-Type Triplex
Property Description
2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth.
The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations.
Unit mix:
Outside units: 4 Bed, 2.5 Bath
Middle units: 3 Bed, 2.5 Bath
The property also features six garage stalls located behind the buildings, enhancing tenant appeal.
The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations.
Unit mix:
Outside units: 4 Bed, 2.5 Bath
Middle units: 3 Bed, 2.5 Bath
The property also features six garage stalls located behind the buildings, enhancing tenant appeal.
Location
State SD
County Minnehaha
Area Sfse02
Rooms
Basement Full
Interior
Heating Forced Air
Flooring Carpet, Vinyl
Exterior
Exterior Feature Metal/Vinyl
Roof Type Shingle Composition
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Harvey Dunn Es
Middle Schools Ben Reifel Middle School
High Schools Washington Hs
School District Sioux Falls

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LIsted by Gateway Real Estate Advisors • Daniel Stillson
School and business data provided by Attom Data.






