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2894 E Old Orchard Trl, Sioux Falls

Courtesy of Mert Kramer from Keller Williams Realty Sioux Falls.

$455,000
22602812 MLS
PRICE REDUCED -Prime opportunity to purchase a residential property with significant upside potential. The existing home is currently livable and offers the opportunity for renovation, updating, and personalization to create additional value. For buyers looking for a new construction opportunity, the property also provides the flexibility to remove the existing structure through a program with the South East Development Foundation (SEDF), creating a clean lot ready for future development. This unique offering combines immediate usability with long-term investment potential. Through the SEDF program, qualified buyers may be eligible for a potential donation write off estimated between $150,000–$200,000, providing a substantial financial advantage for those planning a new build, redevelopment project, or strategic investment. Whether you choose to update the existing home or take advantage of the redevelopment opportunity, this property offers options rarely available in today’s market. Review the attached document for complete details regarding the SEDF program, eligibility requirements, and application process.

2894 E Old Orchard Trl, Sioux Falls

805 S Sycamore Ave, Sioux Falls

Courtesy of Joshua Sweets from Home Realty Sioux Falls LLC.

$359,000
2 Beds ⋅ 1 Baths ⋅ 22603184 MLS
This level of space is increasingly hard to find in this part of Sioux Falls. Unique opportunity! This property offers ~1 acre of land in the heart of east Sioux Falls. Additional opportunity exists to purchase both this property and the neighboring property directly to the south, 813 S Sycamore Ave, Purchased together, these two properties create the opportunity to own more than 2 acres right in the heart of east-side Sioux Falls. 805 S Sycamore Ave offers a rare east-side Sioux Falls opportunity in one of the city’s most active growth corridors. Located near the busy intersection of E. 10th Street, Arrowhead Parkway, and Sycamore Avenue, this property sits in the heart of the booming east side, with quick access to the new Veterans Parkway, I-229, Washington High School, expanding shopping and business districts, and the sprawling Frank Olson Park. For buyers looking for location, land, visibility, and future potential, this is a standout opportunity in a rapidly growing area of the city.

805 S Sycamore Ave, Sioux Falls

213 S Spring Ave, Sioux Falls

Courtesy of Danielle Konechne from Grand Sothebys International Realty. Home: 605-261-4882

$475,000
22603149 MLS
Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset.

213 S Spring Ave, Sioux Falls

1118 W 8th St, Sioux Falls

Courtesy of Aiden Schoenhard from Ekholm Team Real Estate.

$290,000
22603143 MLS
CASH FLOW MACHINE! This high-performing 5-Plex is priced at $290K with approximately $3,660/month in gross rental potential—exceeding the 1% Rule. Whether you're an investor chasing strong returns or an owner-occupant looking to offset your mortgage, this one delivers. Each unit offers 1 bed, 1 bath, making it highly attractive for consistent tenant demand and easy leasing. Recent improvements include fresh interior and exterior paint, with most units featuring new flooring, carpet, and updated finishes, giving the property a clean, modern feel tenants are actively looking for. A detached garage adds additional income potential, creating another stream of cash flow. This is a true turnkey opportunity with strong rental upside and minimal immediate maintenance needs. High demand, strong numbers, and above-average returns—opportunities like this don’t last. Lock it in before someone else does.

1118 W 8th St, Sioux Falls

2800 S Oriya Pl, Sioux Falls

Courtesy of Angie Muth from AMERI/STAR Real Estate, Inc.. OFFICE: 605-336-3600

$880,000
3 Beds ⋅ 4 Baths ⋅ 22603010 MLS
This distinctive and impeccably appointed 3 bedroom, 4 bath, townhome overlooking flourishing Lake Lorraine is like no other! The 2520 sf., custom, interior-designed unit features Anderson windows, premium electric blinds, 3 zone HVAC, Mannington hardwood floors, custom stonework, hand-curated fixtures and a private elevator. The eclectic floor plan includes a top level with a luxurious living space, generous outdoor balcony and a gourmet kitchen that features top of the line appliances such as Wolf, SubZero, and Miele. The gourmand’s space also includes limestone countertops, oversized island & walk-in pantry w/antique tailor-made, sliding door. The first level features an elevated and inspired master suite w/patio, tiled shower, double vanity & walk in closet, guest bed/office, a full bath and laundry room. The ground level sports a roomy, heated garage with epoxy floor, a 3/4 bath, workbench & storage. Experience worry-free, outdoor maintenance provided by The Shores HOA.

2800 S Oriya Pl, Sioux Falls

813 S Sycamore Ave, Sioux Falls

Courtesy of Joshua Sweets from Home Realty Sioux Falls LLC.

$459,000
4 Beds ⋅ 1 Baths ⋅ 22602883 MLS
813 S. Sycamore Ave is a rare chance to own a large piece of land in one of the busiest growth areas of Sioux Falls. Located near 10th Street and Sycamore Avenue, this property sits directly beside 805 S. Sycamore Ave, which is also available from the same owner. Purchased together, the two properties create more than 2 acres of land inside Sioux Falls city limits, right in the heart of the booming east side. Large in-town parcels like this are getting harder to find, especially in a location surrounded by growth, traffic, housing, and commercial activity. 813 S. Sycamore Ave includes over 48,000 square feet of land on its own, along with a ranch-style home offering approximately 1,452 square feet, 4 bedrooms, and 1 bathroom. The property also includes two large outbuildings totaling more than 1,600 square feet, creating excellent space for storage, vehicles, equipment, hobbies, or workshop use. Whether you are looking for a home with room to spread out, a property with serious storage options, or a strategic land opportunity in the middle of Sioux Falls, 813 S. Sycamore Ave deserves attention. Buy it alone, or pair it with 805 S. Sycamore Ave to create a hard-to-find 2+ acre opportunity in the heart of east Sioux Falls.

813 S Sycamore Ave, Sioux Falls

4605 W Custer Ln, Sioux Falls

Courtesy of Lance Ubben from Keller Williams Realty Sioux Falls.

$215,000
3 Beds ⋅ 2 Baths ⋅ 22602822 MLS
Perfectly suited for comfortable 55+ living, this beautifully updated third-floor condo with new elevator right by the entrance of 301. This unit offers a quiet setting, a private balcony, and an unbeatable location on a peaceful road. If you are seeking convenience and low-maintenance living with bright, warm colors you need to come visit. The unit features tasteful updates throughout, including new light fixtures added in 2023 that enhance the inviting atmosphere. This home is now fresh with new deck boards. The full bathroom has been refreshed with a new vanity and a luxurious double shower head, while the kitchen shines with updated appliances and a stylish backsplash. For added convenience, the washer and dryer stay with the home. The building features a newly installed elevator, making access to this third-floor unit easy and convenient. Each residence includes its own private garage—Garage #301 is ideally located right next to the west entrance and directly by the elevator, with new garage door openers installed in 2022. This condo also includes a private storage unit for extra space attached to the garage. Enjoy maintenance-free living in a peaceful, well-kept community that is just minutes from the mall, restaurants, entertainment, and shopping. If you’re looking for an updated home in a fantastic location with quiet surroundings and easy living, this condo is one you won’t want to miss.

4605 W Custer Ln, Sioux Falls

2201 W Sleigh Creek Trl, Sioux Falls

Courtesy of Anita Wetsch from 605 Real Estate LLC.

$830,000
5 Beds ⋅ 5 Baths ⋅ 22602711 MLS
Seller is offering a $15,000 update anything allowance with accepted offer. Beautiful home in prestigious Prairie Hills Addn. Upon entrance, you are greeted with a grand foyer and soaring ceilings and an abundance of natural light. This property is thoughtful in its design and features all the rooms you need. On the main level you will find a grand primary suite, private office, and custom designed open concept gourmet kitchen, dining and living room space. With tall ceilings and oversized windows, the space is open and inviting. Upstairs you will find 3 bedrooms, full bath, 2nd laundry and an extra living space making this a cozy hang out floor. Downstairs features 2 additional bedrooms, 2 bathrooms, theatre room and a large family room. Sitting on a large and spacious lot with mature trees, this property has a lot of potential for a new owner to come in and make it their own.

2201 W Sleigh Creek Trl, Sioux Falls

924 W 10th St, Sioux Falls

Courtesy of Lynne Forbes from South Eastern Development Foun.

$60,000
22602608 MLS
Rare Opportunity Near Downtown Sioux Falls! Here’s your chance to own a prime corner lot just minutes from downtown Sioux Falls, located within a desirable historic district. This build-ready parcel offers water and sewer already to the lot, saving time and upfront costs. The property is zoned RT-2 and was previously used as a multi-family triplex, offering excellent flexibility for today’s buyer. One especially attractive option: build a duplex, live in one side, and rent out the other—a smart way to offset your mortgage while investing in a high-demand area. * Corner lot with great visibility and access * Utilities at the lot (water & sewer) * Bring your own builder—no restrictions * RT-2 zoning supports multi-family. single family, or duplex use * Historic district charm with modern investment potential *Strong rental demand near downtown, shopping, dining, and entertainment Whether you’re an investor, owner-occupant, or builder, this lot offers a rare combination of location, zoning flexibility, and income potential. Opportunities like this near downtown don’t come along often—bring your ideas and make it yours!

924 W 10th St, Sioux Falls

1011 S 2nd Ave, Sioux Falls

Courtesy of Kim Hofer from Better Homes and Gardens Real Estate Beyond. Cell: 605-212-8799

$675,000
22602400 MLS
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.

1011 S 2nd Ave, Sioux Falls

3544 S Gateway Blvd Unit 301, Sioux Falls

Courtesy of Jayme Werning from Hegg, REALTORS. OFFICE: 605-336-2100

$110,500
2 Beds ⋅ 1 Baths ⋅ 22601804 MLS
INVESTMENT OPPORTUNITY! Unit #301 offers a great opportunity for investors or buyers looking for low maintenance living in a convenient Sioux Falls location. This move in ready condo features a functional layout with great natural light, spacious bedrooms, ample storage, and a private deck just steps from the community pool. The kitchen offers plenty of cabinetry and workspace with an easy flow into the dining and living areas. A detached garage adds even more convenience and value. Association amenities include lawn care, snow removal, exterior maintenance, water, sewer, and garbage. Conveniently located near shopping, dining, and easy access throughout Sioux Falls. A great opportunity to add a well located property to your investment portfolio!

3544 S Gateway Blvd Unit 301, Sioux Falls

3712 S Terry Ave Unit 201, Sioux Falls

Courtesy of Kory Davis from The Experience Real Estate.

$105,000
2 Beds ⋅ 1 Baths ⋅ 22601552 MLS
The benefits of home ownership without the maintenance concerns! Great location that offers easy interstate access and close proximity to all the big box stores & Empire Mall as well as numerous restaurants. Second floor condo offers so much natural light and a limited number of steps for access. Wide open entertaining space has hard surface floors in the large eat-in kitchen that includes all the appliances. It flows easily to the carpeted living room with sliding doors to a deck to soak up the outdoors. Two good sized bedrooms & a full bath as well. Laundry just outside the condo is a coin operated unit. HOA takes care of literally EVERYTHING other than the electrical service and even includes an outdoor pool, plus common areas with picnic shelters and wide open green space. Each condo has an oversized single garage and access to additional parking in the HOA parking lot.

3712 S Terry Ave Unit 201, Sioux Falls

1300 S Point Dr, Sioux Falls

Courtesy of Ajay Bowden from Keller Williams Realty Sioux Falls.

$230,000
2 Beds ⋅ 2 Baths ⋅ 22601190 MLS
**NEW PRICE! GREAT OPPORTUNITY!** Looking for a home you can make your own? This property offers a great opportunity for owner occupants, first-time buyers, investors, or anyone looking to build value through cosmetic updates. The home is livable as it sits and primarily needs cosmetic improvements, giving the next owner the opportunity to update it to their own style over time. Whether you're looking for a place to call home or a property with potential, this one is worth a look. Priced at $230,000 and ready for its next owner. Schedule your showing and come see the possibilities for yourself! **Property is being sold as-is and is a short sale. All offers, terms, and final sale are subject to lender approval.**

1300 S Point Dr, Sioux Falls

1200 E Tomar Rd, Sioux Falls

Courtesy of Brian Hines from AMERI/STAR Real Estate, Inc.. OFFICE: 605-336-3600

$1,695,000
4 Beds ⋅ 4 Baths ⋅ 22600062 MLS
Be the FIRST to live in and enjoy this totally redone spectacular walkout RANCH which is nestled in the trees. The new kitchen offers beautiful cabinets, a large quartz island, high-end appliances, a pantry and is OPEN to the living and dining rooms. All these rooms are surrounded by floor to ceiling glass w/a view of the trees. A den is off the living room w/a see-through fireplace. The primary suite has its own wing w/a spacious bedroom w/doors leading to a deck, a huge walk-in closet, a fireplace, many built-ins plus a luxurious bath which includes a tub, a walk-in shower plus a double vanity. A second bedroom w/its own bath is also on the main as is the laundry room complete w/a sink and many built-ins. Enjoy the Theater Room in the W/O complete w/its own wet bar & then wander into the sun-filled family room w/a fireplace and another wet bar. This room leads to another area perfect for playing cards. A sauna, 2 baths plus 2 bedrooms complete the lower level plus 2 stairways. The heated 3 car garage has an epoxy floor, water & drains. You will appreciate the circular drive as well as the eye catching front entry. The wooded private yard will be enjoyed while relaxing on the extra large deck. Enjoy this convenient location!!!

1200 E Tomar Rd, 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.

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