SD > Sioux Falls > Van Eps Addn
Sioux Falls, SD 57104,809 S Sherman Ave
Sioux Falls, SD 57104,809 S Sherman Ave
Sioux Falls, SD 57104,809 S Sherman Ave
Sioux Falls, SD 57104,809 S Sherman Ave
Sioux Falls, SD 57104,809 S Sherman Ave
Sioux Falls, SD 57104,809 S Sherman Ave
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Brandon Martens

Brandon Martens

+1(605) 261-9673
$ 1,125,000
Est. payment | /mo

529 SqFt

Save
$ 1,125,000
Est. payment | /mo
Save

529 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 529 sqft

Price per Sqft $2,126

Subdivision Van Eps Addn

MLS Listing ID 22506187

Year Built 1977

Lot Size 0.667 Acres

Acres 0.6667

Lot Dimensions 29040

Property Sub-Type Other

Property Description

Attention investors! 14-plex all on one level complete with common area lobby and off-street parking! All units are 1 bed / 1 bath. No stairs in this mostly brick building. Enjoy the ease and efficiency of owning 14 ground-level apartments in one structure! Property is currently enrolled in HUD Section 8 Senior (62+) income assistance program and will be 100% occupied as of Sept 1st. HUD has increased rents annually to the current level of $793 per month. Landlord currently pays all utilities. Coin operated laundry. New roof in 2017. Current owner has been updating flooring in units as tenancy allows. No for sale sign on property. Buyer agrees to comply with a possible 1031 exchange. Seller prefers to close after Jan 1st, 2026.

Location

State SD

County Minnehaha

Area Sf-C005

Rooms

Basement None

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit

Appliance Refrigerator, Oven/Range, Washer, Dryer

Exterior

Exterior Feature Part Brick, Metal/Vinyl

Roof Type Shingle Composition

Building

Story 1

Foundation Slab-on-Grade

Water City Water

Schools

Elementary Schools Susan B Anthony Es

Middle Schools Patrick Henry Ms

High Schools Lincoln Hs

School District Sioux Falls

Sioux Empire MLS (RASE)
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by The Experience Real Estate • Clay J Wilhelm
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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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809 S Sherman Ave

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