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4800 W 41st Street

Sioux Falls, SD 57106
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$2,750,000 $11,594/Mo
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Bed --

Bed

Bath 0

Bath

SqFt28,288

Sqft

Acres1.24

Acres(Lot)

32 unit multifamily investment opportunity consisting of eight 4 unit apartment buildings, with all units offering 2 bedrooms and 1 bathroom. The property is currently maintained at approximately 90-95% occupancy and is positioned along 41st Street, excellent visibility and convenient access to Interstate 29, employers, retail, dining, and other city conveniences, With frontage along 41st Street, one of Sioux Falls primary arterial roadways, this property presents an excellent opportunity for investors seeking to expand their multifamily portfolio or acquire a long-term income-producing asset in the Sioux Falls market.

Detail Ic Property Details

Property Type : Residential Income

Price : $2,750,000

AD Id : 87472370

MLS Id : 22604856

Lot Size : 1.24 Acres

Living Area Size : 28,288

Year Built : 1971

County : Minnehaha

Subdivision: Cedar Glen Ests

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full

  • Flooring Information

    Carpet, Vinyl

  • Roofing Information

    Composition

  • Interior Features

    Roof: Composition Appliances: Refrigerator, Range

  • Heating & Cooling

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

  • Building Information

    Year Built: 1971 Building Area Total: 28288 Construction Materials: Brick, Stucco, Wood Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: Varies Lot Size Acres: 1.238 Lot Size Square Feet: 53929

    Property Information

    Subdivision: Sunset Hill Addn Source Property Type: Residential Income MLS Area Minor: SF-SW03 Property SubType: Multi Family Property Age: 55

  • Listing Price Information

    Listing Price: $2750000

  • Tax Information

    Parcel Number: Multiple Parcel Numbers, See Documents Tax Legal Desc: Multiple parcels are part of this offer see listing documents for parcel and legal descriptions

  • Parking Information

    Paved

  • School Information

    Elementary School: Oscar Howe ES
    Junior High School: Memorial MS
    Senior High School: Roosevelt HS

  • Location Information

    Direction: Interstate 1-29 and 41st Street, West to property WaterSource: Public Security Features: Firewall(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1300 E 6th Street, Sioux Falls, SD, 57106 $339,900 4 -- 1,873 1,873 SqFt

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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 07/20/2026 @ 12:22

MLS: 22604856 LISTED BY: David Maske, Hegg, REALTORS 605-336-2100 SOURCE: REALTOR Association of the Sioux Empire

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