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703 S Dakota Avenue

Sioux Falls, SD 57104
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Bed 14

Bed

Bath 0

Bath

SqFt5,248

Sqft

Acres0.22

Acre(Lot)

Excellent investment opportunity to acquire a 9-unit apartment building located just blocks from downtown Sioux Falls. The property has been professionally managed for many years and features a desirable unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Recent improvements include new siding, security doors, and cement, along with several remodeled units.The apartments offer spacious layouts with dining areas off the kitchens, large windows providing natural light, ample closet and storage space, and individual window air conditioning units. The property includes common-area coin operated laundry in the lower level, a 7-stall detached garage, and off-street parking. Conveniently located near shopping, dining, entertainment, schools, this well-maintained property pro vides strong rental appeal and an excellent opportunity for investors seeking a turnkey asset.

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Detail Ic Property Details

Property Type : Residential Income

Price : $780,000

AD Id : 89367847

MLS Id : 22606054

Beds : 14

Lot Size : 0.22 Acre

Living Area Size : 5,248

Year Built : 1977

County : Minnehaha

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Feature Features

  • Bedroom Information

    Total beds: 14

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Laminate
  • Roofing Information

    Composition
  • Interior Features

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

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1977 Construction Materials: HardiPlank Type Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: irregular Lot Size Acres: 0.2212 Lot Size Square Feet: 9635

    Property Information

    Subdivision: Lloyd Addn Source Property Type: Residential Income MLS Area Minor: SF-C005 Property SubType: Multi Family Property Age: 49

  • Listing Price Information

    Listing Price: $780000

  • Tax Information

    Parcel Number: 38982 Tax Legal Desc: Lot 20 Block 1 Lloyd's Addn to City of Sioux Falls

  • Parking Information

    Detached

  • School Information

    Elementary School: Susan B Anthony ES
    Junior High School: Patrick Henry MS
    Senior High School: Lincoln HS
  • Location Information

    Direction: 18th and Dakota North to home WaterSource: Public
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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
614 S 2nd Avenue, Sioux Falls, SD, 57104 $195,000 3 -- 2,232 2,232 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
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
624 W 11th Street, Sioux Falls, SD, 57104 $175,000 3 -- 2,948 2,948 SqFt
514 S Summit Avenue, Sioux Falls, SD, 57104 $264,000 -- -- 1,864 1,864 SqFt
707 709 W 8th Street, Sioux Falls, SD, 57104 $525,000 5 -- 2,996 2,996 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 08/12/2026 @ 15:57

MLS: 22606054 LISTED BY: Amber Ellingsen, Keller Williams Realty Sioux Falls 605-275-0555 SOURCE: REALTOR Association of the Sioux Empire

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