SD > Sioux Falls > Platinum Valley 2Nd
Sioux Falls, SD 57108,3500 W Hughes Pl
Sioux Falls, SD 57108,3500 W Hughes Pl
Sioux Falls, SD 57108,3500 W Hughes Pl
Sioux Falls, SD 57108,3500 W Hughes Pl
Sioux Falls, SD 57108,3500 W Hughes Pl
Sioux Falls, SD 57108,3500 W Hughes Pl
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Brandon Martens

Brandon Martens

+1(605) 261-9673
$ 2,400,000
Est. payment | /mo

32 Beds

24 Baths

19,200 SqFt

Save
$ 2,400,000
Est. payment | /mo
Save

32 Beds

24 Baths

19,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,200 sqft

Price per Sqft $125

Subdivision Platinum Valley 2Nd

MLS Listing ID 22408816

Bedrooms 32

Year Built 2004

Lot Size 1.293 Acres

Acres 1.293

Lot Dimensions Please contact listing broker.

Property Sub-Type Other

Property Description

Discover this investment opportunity in Sioux Falls, SD. This assembled portfolio of twin homes, built in 2004 and owned by one owner, boasts a history of strong occupancy. The portfolio includes the following addresses: 3500 W. Hughes Place, 3502 W. Hughes Place, 3512 W. Hughes Place, 3514 W. Hughes Place, 3516 W. Hughes Place, 3518 W. Hughes Place, 3600 W. Hughes Place, and 3602 W. Hughes Place. All the properties are located in a homeowner's association (HOA). Please contact listing broker for details. NOTE: The seller prefers to sell the properties as a complete portfolio. These twin homes are ideally situated near schools, restaurants, retail shopping centers, and major highways, ensuring potentially consistent tenant demand, Each unit averages approximately 2,400 sq. ft. and features 4 bedrooms, 3 bathrooms, and attached two-stall garages. Current monthly rents range from $1,600 to $1,850, with potential for increases. New roofs in 2023 and the exteriors were painted in 2024. The portfolio consists of 8 rentable units, comprising 4 twin homes. The properties are located near retail stores along Louise Avenue, one of Sioux Falls' busiest commercial corridors. The area offers a variety of dining options, from fast food to casual dining and local favorites. Platinum Valley Park provides green space, a picnic area, a ball field, and other recreational facilities, while healthcare needs are well-supported with Sanford Health and Avera Health facilities nearby. The property also benefits from easy access to I-29 and I-229, ensuring straightforward commuting. This offering represents a rare opportunity to acquire a strategically located, historically high occupancy residential portfolio in the thriving Sioux Falls, SD market.

Location

State SD

County Lincoln

Area Sf-S005

Interior

Heating Forced Air

Cooling Central Electric

Appliance Refrigerator, Oven/Range, Dishwasher, All Units

Exterior

Roof Type Shingle Composition

Building

Story 1

Water City Water

Schools

Elementary Schools Harrisburg Explorer Es

Middle Schools South Middle School - Harrisburg School District 41-2

High Schools Harrisburg Hs

School District Harrisburg

Others

Security Features Smoke Detector

Sioux Empire MLS (RASE)
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by Brooks Commercial Real Estate • Jeffrey P Brooks
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 261-9673

brandon@bhgrebeyond.com

United States

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