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605 S Spring Ave, Sioux Falls

Courtesy of Callie Wockenfuss from Real Estate Retrievers of Sioux Falls. Cell: 605-864-0355

$225,000
22607506 MLS
Investment opportunity near downtown Sioux Falls! This updated triplex offers great cash-flow potential with three separate units and several recent improvements. Unit 1 features a 1-bedroom, 1-bath studio-style layout. Unit 2 offers 1 bedroom and 1 bath and was recently refreshed with all-new flooring and additional updates. Unit 3 is the largest of the three, featuring 2 bedrooms and 1 bath. All three units have been updated, making this property an attractive addition to an investment portfolio. Each unit has its own separate electric meter and supplemental heat, while a brand-new furnace located in the basement provides additional heat throughout the property. A new roof was installed in 2023, providing another important recent improvement. Tenants will appreciate the off-street parking located at the rear of the property. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, entertainment, employment and other amenities. Whether you're looking to expand an existing rental portfolio or enter the investment property market, this triplex offers three income-producing units in one convenient location.

605 S Spring Ave, Sioux Falls
514 S Summit Ave, Sioux Falls

Courtesy of Terry Keller from Market First Real Estate. Cell: 605-728-1041

$264,000
22605473 MLS
Great investment opportunity. $3,000 flooring allowance for unit #1. Great ROI opportunity. Gross rents per month $3,200. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

514 S Summit Ave, Sioux Falls
518 W 14th St, Sioux Falls

Courtesy of Jeffrey Stanton from RE/MAX Professionals Inc.

$267,500
2 Beds ⋅ 2 Baths ⋅ 22605301 MLS
Centrally located and full of character, this spacious 1.5-story home offers the perfect blend of classic charm, comfortable living, and impressive functionality. Step inside to beautiful hardwood floors, abundant natural light, and inviting living spaces, including a cozy fireplace and a formal dining room highlighted by timeless millwork and wainscoting. The massive kitchen provides plenty of cabinet and counter space, a large center island, and new LVP flooring—perfect for everyday living and entertaining. Upstairs, generously sized rooms offer flexibility and plenty of space to spread out. Outside, enjoy the covered front porch, fenced backyard, patio area, and an incredible oversized detached garage offering exceptional space for vehicles, storage, hobbies, or a workshop. With its central location, spacious floor plan, original character, and hard-to-find oversized garage, this home offers an outstanding opportunity with room to make it your own! Some listing photos have been digitally enhanced for presentation purposes.

518 W 14th St, 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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