1011 S 2nd Ave Sioux Falls, SD 57105-0849
Listing Courtesy of: MLS LogoSIOUX EMPIRE / Listed By: Kim Hofer, Better Homes And Gardens Real Estate Beyond

  1011 S 2nd Ave Sioux Falls, SD 57105-0849

Active (142 Days)
$675,000 (USD)
5,832
SQFT
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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.

MLS #:
22602400
Lot Size
7,501 SQFT
Type
Multifamily
Year Built
1971
School District
Sioux Falls
County
Minnehaha County

Listed By

Kim Hofer, Better Homes And Gardens Real Estate Beyond
Source
SIOUX EMPIRE
Last checked Sep 1 2026 at 1:51 AM CDT
Bathroom Details
Interior Features
  • Dishwasher
  • Refrigerator
  • Range
Subdivision
  • Boulevard Addn
Property Features
  • Foundation: Block
Heating and Cooling
  • Natural Gas
  • Other
Basement Information
  • Full
Flooring
  • Carpet
  • Laminate
Exterior Features
  • Roof: Tar/Gravel
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Susan B Anthony Es
  • Middle School: Patrick Henry Ms
  • High School: Lincoln Hs
Parking
  • Off Street
Stories
  • 2
Living Area
  • 5,832 sqft
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2026 Realtors Association of the Sioux Empire. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/31/26 18:51

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