213 S Spring Avenue
Sioux Falls, SD 57104
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Bed
0
Bath
3,230Sqft
0.15Acre(Lot)
Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Full, Unfinished -
Flooring Information
Carpet, Tile, Wood -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Range, Refrigerator 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: 1937 Construction Materials: Wood Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 44x150 Lot Size Acres: 0.1515 Lot Size Square Feet: 6599Property Information
Subdivision: Bennetts 1st Source Property Type: Residential Income MLS Area Minor: SF-C004 Property SubType: Multi Family Property Age: 89
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Listing Price Information
Listing Price: $499000
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Tax Information
Parcel Number: 25829 Tax Legal Desc: LOT 4 BLOCK 8 BENNETT`S 1ST ADDN TO CITY OF SIOUX FALLS
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Parking Information
Paved
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School Information
Elementary School: Lowell ESJunior High School: George McGovern MS - Sioux FallsSenior High School: Thomas Jefferson High School -
Location Information
Direction: Spring Ave & 10th St, S to home WaterSource: Public Security Features: Gated with Guard, Smoke Detector(s)
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 |
| 1305 S Spring Avenue, Sioux Falls, SD, 57104 | $275,000 | 7 | -- | 2,300 | 2,300 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 213 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 06/03/2026 @ 23:29
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