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1509 S Duluth Avenue

Sioux Falls, SD 57105
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Bed 7

Bed

Bath 0

Bath

SqFt2,248

Sqft

Acres0.20

Acre(Lot)

Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets — minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and main-level 2-bedroom units offer real upside for an owner willing to put in some cosmetic sweat equity to push rents toward market. A clean, updated common area houses two coin-op laundry units, adding built-in income on top of rent. Boiler heat serves all three units, each with its own window/wall AC, and tenants cover their own electric — landlord handles water, sewer, lawn, and snow. MTM leases ma kes implementing a straightforward RUBS structure to offset even those costs and further strengthen NOI. Outside, the property has been refreshed with new siding, fascia, paint, and landscaping, plus a shed for extra storage. A 0.20-acre lot and off-street parking round out the package. Whether you're an owner-occupant looking to live affordably while building equity, or an investor adding a stabilized triplex with room to grow rents, 1509 S Duluth checks every box.

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Detail Ic Property Details

Property Type : Residential Income

Price : $300,000

AD Id : 89055066

MLS Id : 22605828

Beds : 7

Lot Size : 0.20 Acre

Living Area Size : 2,248

Year Built : 1880

County : Minnehaha

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Has Basement: Yes Basement: Unfinished, Partial
  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Refrigerator, Range, Washer, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water, Baseboard Has Cooling: Yes Cooling: Window Unit(s), Other

  • Building Information

    Year Built: 1880 Construction Materials: Stucco, Vinyl Siding Stories: 2 Private Pool: No
  • Exterior Features

    Exterior Features: Barbecue

  • Lot Information

    Lot Dimensions: 66x131 Lot Size Acres: 0.1986 Lot Size Square Feet: 8651

    Property Information

    Subdivision: Park Addition Source Property Type: Residential Income MLS Area Minor: SF-60 Property SubType: Triplex Property Age: 146

  • Listing Price Information

    Listing Price: $300000

  • Tax Information

    Parcel Number: 41644 Tax Legal Desc: Fernyhough Sub 4 & 5 Block 46 Park Addn To City Of Sioux Falls

  • Parking Information

    Paved

  • School Information

    Elementary School: Lowell ES
    Junior High School: Patrick Henry MS
    Senior High School: Roosevelt HS
  • Location Information

    Direction: 22nd & Minnesota, West to Duluth, then south. WaterSource: Public Security Features: Smoke Detector(s), Gated with Guard
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1011 S 2nd Avenue, Sioux Falls, SD, 57105 $675,000 10 -- 5,832 5,832 SqFt
1515 S Norton Avenue, Sioux Falls, SD, 57105 $274,999 -- -- 2,165 2,165 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 $615,000 4 -- 3,935 3,935 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

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 08/07/2026 @ 10:51

MLS: 22605828 LISTED BY: Blake Bohner, 605 Real Estate LLC 605-759-4294 SOURCE: REALTOR Association of the Sioux Empire

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