Sioux Falls, SD 57103,2805 E Bragstad Dr
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Sioux Falls, SD 57103,2805 E Bragstad Dr
Sioux Falls, SD 57103,2805 E Bragstad Dr
Sioux Falls, SD 57103,2805 E Bragstad Dr
Sioux Falls, SD 57103,2805 E Bragstad Dr
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Kim Hofer

Kim Hofer

Better Homes and Gardens Real Estate Beyond

+1(605) 212-8799
$ 1,300,000
Est. payment /mo
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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.

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


Realtor Association of the Sioux Empire, Inc. (RASE)
LIsted by Gateway Real Estate Advisors • Daniel Stillson
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    John Harris Elementary - 23

    Public | KG - 5

  • 6

    Robert Frost Elementary - 18

    Public | KG - 5

  • 6

    Harvey Dunn Elementary - 54

    Public | PK - 5

  • 5

    Rosa Parks Elementary - 15

    Public | KG - 5

  • 5

    Eugene Field Elementary - 16

    Public | KG - 5

  • 4

    Laura B. Anderson Elementary - 10

    Public | PK - 5

  • 3

    Cleveland Elementary - 14

    Public | PK - 5

  • 2

    Bridges at Horceman - 52

    Public | KG - 5

  • 2

    Terry Redlin Elementary - 11

    Public | PK - 5

  • 2

    Hawthorne Elementary - 56

    Public | PK - 5

  • 1

    Anne Sullivan Elementary - 20

    Public | PK - 5

  • 0

    Sioux Falls Christian Schools

    Private | PK - 12

  • 0

    Good Shepherd Lutheran

    Private | KG - 8

  • 0

    Holy Spirit School

    Private | PK - 6

  • 0

    Train up a Child Preschool/Abiding Savior Academy

    Private | PK - 6

  • 0

    Structured Teaching - 12

    Public | 5 - 12

  • 0

    Sioux Falls Lutheran School

    Private | PK - 8

  • 0

    St Mary School

    Private | PK - 6

  • 0

    Mark Twain Elementary - 29

    Public | PK - 5

  • 0

    Horace Mann Elementary - 21

    Public | KG - 5

Middle Schools 3
  • 7

    Patrick Henry Middle School - 07

    Public | 6 - 8

  • 4

    Whittier Middle School - 08

    Public | 6 - 8

  • 0

    Flex - 45

    Public | 6 - 12

High Schools 3
  • 3

    Lincoln High School - 02

    Public | 9 - 12

  • 3

    Washington High School - 01

    Public | 9 - 12

  • 0

    Transition Advantage - 03

    Public | 12 - 12

School and business data provided by Attom Data.

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