1118 W 8th St, Sioux Falls, SD 57104
1118 W 8th St, Sioux Falls, SD 57104
1118 W 8th St, Sioux Falls, SD 57104
1118 W 8th St, Sioux Falls, SD 57104
1118 W 8th St, Sioux Falls, SD 57104
1118 W 8th St, Sioux Falls, SD 57104
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Brandon Martens

Brandon Martens

+1(605) 261-9673
$ 314,000
Est. payment | /mo

2,204 SqFt

Save
$ 314,000
Est. payment | /mo
Save

2,204 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $142

Subdivision Covell'S 1St Addn

MLS Listing ID 22603143

Year Built 1919

Lot Size 6,599 Sqft

Property Sub-Type Other

Property Description

CASH FLOW MACHINE! This high-performing 5-Plex is priced at $314K 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.

Location

State SD

County Minnehaha

Area Sfn005

Rooms

Basement Full

Interior

Flooring Carpet, Vinyl, Laminate

Exterior

Roof Type Shingle Composition

Building

Foundation Other

Sewer City Sewer

Water City Water

Schools

Elementary Schools Lowell Es

Middle Schools George Mcgovern Ms - Sioux Falls

High Schools Thomas Jefferson High School

School District Sioux Falls

Realtor Association of the Sioux Empire, Inc. (RASE)
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
LIsted by Ekholm Team Real Estate • Aiden Schoenhard

NEARBY SCHOOL & BUSINESS

Brandon Martens

"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

5915 S Remington Pl, Suite 100, Sioux Falls, SD, 57108, USA

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1118 W 8th St

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