1305 S Spring Avenue
Sioux Falls, SD 57104
7
Bed
0
Bath
2,300Sqft
0.08Acre(Lot)
Rare triplex in one of Sioux Falls' most sought-after corridors for rental property — walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout. The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you. Current rents have room to grow as leases turn over. Owner covers gas, water/sewer, and tras
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Carpet, Laminate -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Refrigerator, Range, Washer, Dryer Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1904 Building Area Total: 2615 Construction Materials: Vinyl Siding Stories: 3 Private Pool: No
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Lot Information
Lot Dimensions: Unknown Lot Size Acres: 0.079 Lot Size Square Feet: 3441Property Information
Subdivision: Park Addition Source Property Type: Residential Income MLS Area Minor: SF-C009 Property SubType: Triplex Property Age: 122
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Listing Price Information
Listing Price: $275000
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Tax Information
Parcel Number: 41588 Tax Legal Desc: S 54' E 88' NE1/4 (EX S 4.55' E 42.25' & W 43.90' E 86.15' S 13.80') Block 31 PARK ADDN TO CITY OF S
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Parking Information
None
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School Information
Elementary School: Lowell ESJunior High School: Edison MSSenior High School: Lincoln HS -
Location Information
Direction: From 22nd and Minnesota, head west one block to Spring, then north one-half block. WaterSource: Public Security Features: Smoke Detector(s), Gated with Guard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1426 E 17th Street, Sioux Falls, SD, 57104 | $224,900 | 4 | -- | 1,456 | 1,456 SqFt |
| 627 S 6th Avenue, Sioux Falls, SD, 57104 | $269,999 | -- | -- | 1,162 | 1,162 SqFt |
| 207 W 14th Street, Sioux Falls, SD, 57104 | $360,000 | -- | -- | 3,632 | 3,632 SqFt |
| 410 Spring Avenue Avenue, Sioux Falls, SD, 57104 | $800,000 | 1 | -- | 4,480 | 4,480 SqFt |
| 227 N Spring Avenue, Sioux Falls, SD, 57104 | $339,900 | -- | -- | 1,966 | 1,966 SqFt |
| 213 S Spring Avenue, Sioux Falls, SD, 57104 | $499,000 | -- | -- | 3,230 | 3,230 SqFt |
| 218 N Summit Avenue, Sioux Falls, SD, 57104 | $425,000 | 4 | -- | 3,312 | 3,312 SqFt |
| 707 709 W 8th Street, Sioux Falls, SD, 57104 | $525,000 | 5 | -- | 2,996 | 2,996 SqFt |
| 826 2nd Street, Sioux Falls, SD, 57104 | $325,000 | 8 | -- | 4,096 | 4,096 SqFt |
| 708 S Prairie Avenue, Sioux Falls, SD, 57104 | $1,700,000 | 3 | -- | 17,616 | 17,616 SqFt |
Similar Multifamily To 1305 S Spring 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 06/06/2026 @ 18:03
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