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605 S Spring Avenue

Sioux Falls, SD 57104
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Bed 4

Bed

Bath 0

Bath

SqFt1,836

Sqft

Acres0.13

Acre(Lot)

Investment opportunity near downtown Sioux Falls! This updated triplex offers great cash-flow potential with three separate units and several recent improvements. Unit 1 features a 1-bedroom, 1-bath studio-style layout. Unit 2 offers 1 bedroom and 1 bath and was recently refreshed with all-new flooring and additional updates. Unit 3 is the largest of the three, featuring 2 bedrooms and 1 bath. All three units have been updated, making this property an attractive addition to an investment portfolio. Each unit has its own separate electric meter and supplemental heat, while a brand-new furnace located in the basement provides additional heat throughout the property. A new roof was installed in 2023, providing another important recent improvement. Tenants will appreciate the off-street parkin g located at the rear of the property. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, entertainment, employment and other amenities. Whether you're looking to expand an existing rental portfolio or enter the investment property market, this triplex offers three income-producing units in one convenient location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $232,000

AD Id : 91556956

MLS Id : 22607506

Beds : 4

Lot Size : 0.13 Acre

Living Area Size : 1,836 Sq. Ft

Year Built : 1890

County : Minnehaha

Subdivision: Lincoln Jones

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Feature Features

  • Bedroom Information

    Total beds: 4

    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: Forced Air, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1890 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 115x48 Lot Size Acres: 0.1267 Lot Size Square Feet: 5519

    Property Information

    Subdivision: Grigsby Addn Source Property Type: Residential Income MLS Area Minor: SF-C004 Property SubType: Triplex Property Age: 136

  • Listing Price Information

    Listing Price: $232000

  • Tax Information

    Parcel Number: 34039 Tax Legal Desc: E 115 Lot 13 (Ex N 2) Block 4 Grigsbys Addn To City Of Sioux Falls

  • Parking Information

    Detached

  • School Information

    Elementary School: Lowell ES
    Junior High School: George McGovern MS - Sioux Falls
    Senior High School: Thomas Jefferson High School
  • Location Information

    Direction: Google WaterSource: Public Security Features: Smoke Detector(s)
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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 0.13 Acre
627 S 6th Avenue, Sioux Falls, SD, 57104 $269,999 -- -- 1,162 0.17 Acre
618 S 2nd Avenue, Sioux Falls, SD, 57104 $199,900 4 -- 1,484 0.17 Acre
207 W 14th Street, Sioux Falls, SD, 57104 $360,000 -- -- 3,632 0.11 Acre
703 S Dakota Avenue, Sioux Falls, SD, 57104 $780,000 14 -- 5,248 0.22 Acre
410 Spring Avenue Avenue, Sioux Falls, SD, 57104 $800,000 1 -- 4,480 0.15 Acre
1115 N Duluth Avenue, Sioux Falls, SD, 57104 $269,900 5 -- 2,250 0.16 Acre
213 S Spring Avenue, Sioux Falls, SD, 57104 $499,000 -- -- 3,230 0.15 Acre
218 N Summit Avenue, Sioux Falls, SD, 57104 $425,000 4 -- 3,312 0.15 Acre
624 W 11th Street, Sioux Falls, SD, 57104 $175,000 3 -- 2,948 0.16 Acre

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 10/04/2026 @ 16:57

MLS: 22607506 LISTED BY: Callie Wockenfuss, Real Estate Retrievers of Sioux Falls 605-864-0355 SOURCE: REALTOR Association of the Sioux Empire

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