REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 675,000
Est. payment /mo
Exclusive Listing
Active
1011 S 2nd Ave Sioux Falls, SD 57105
5,832 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Six Plex
Listing Status Active
Purchase Type For Sale
Square Footage 5,832 sqft
Price per Sqft $115
Subdivision Boulevard Addn
MLS Listing ID 22602400
Year Built 1971
Lot Size 7,501 Sqft
Property Sub-Type Six Plex
Property Description
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.
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.
Location
State SD
County Minnehaha
Area Sfc010
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Carpet, Laminate
Exterior
Exterior Feature Part Brick
Roof Type Tar and Gravel
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Susan B Anthony Es
Middle Schools Patrick Henry Ms
High Schools Lincoln Hs
School District Sioux Falls
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
LIsted by Better Homes and Gardens Real Estate Beyond • Kim Hofer