1011 S 2nd Avenue
Sioux Falls, SD 57105
10
Bed
0
Bath
5,832Sqft
0.17Acre(Lot)
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 pro
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Carpet, Laminate -
Roofing Information
Tar/Gravel -
Interior Features
Roof: Tar/Gravel Appliances: Refrigerator, Range, Dishwasher -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Other
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Building Information
Year Built: 1971 Building Area Total: 5832 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 50x150 Lot Size Acres: 0.1722 Lot Size Square Feet: 7501Property Information
Subdivision: Boulevard Addn Source Property Type: Residential Income MLS Area Minor: SF-C010 Property SubType: Multi Family Property Age: 55
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Listing Price Information
Listing Price: $675000
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Tax Information
Parcel Number: 26711 Tax Legal Desc: Lot 10 Block 2 Boulevard Addn To City Of Sioux Falls
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Parking Information
Off Street
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School Information
Elementary School: Susan B Anthony ESJunior High School: Patrick Henry MSSenior High School: Lincoln HS -
Location Information
Direction: 18th and Minnesota - East on 18th - South on 2nd Ave WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3005 S Cliff Avenue, Sioux Falls, SD, 57105 | $600,000 | 7 | -- | 4,260 | 4,260 SqFt |
| 2504 S Summit Avenue, Sioux Falls, SD, 57105 | $450,000 | 4 | -- | 2,420 | 2,420 SqFt |
| 3501 -3609 S West Avenue, Sioux Falls, SD, 57105 | $2,990,000 | -- | -- | 26,828 | 26,828 SqFt |
| 4203 S West Avenue, Sioux Falls, SD, 57105 | $6,400,000 | 3 | -- | 14,208 | 14,208 SqFt |
| 2001 W 22nd Street, Sioux Falls, SD, 57105 | $645,000 | 4 | -- | 3,935 | 3,935 SqFt |
| 3900 S Hawthorne Avenue, Sioux Falls, SD, 57105 | $1,170,000 | -- | -- | 10,620 | 10,620 SqFt |
| 3505 S Hawthorne Avenue, Sioux Falls, SD, 57105 | $760,000 | 6 | -- | 3,552 | 3,552 SqFt |
| 3509 S Willow Avenue, Sioux Falls, SD, 57105 | $2,700,000 | 2 | -- | 13,494 | 13,494 SqFt |
Similar Multifamily To 1011 S 2nd Avenue
Nearby For Sale
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.
ByOwner last updated this listing 06/08/2026 @ 07:23
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