1011 S 2nd Ave Sioux Falls, SD 57105
New
- Added:
- Apr 7, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 12 at 4:06 am
Property Features for 1011 S 2nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- APN
- 26711
- Size
- 5,832 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- Lot 10 Block 2 Boulevard Addn To City Of Sioux Falls
- Tax Annual Amount
- 5750
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Tar/Gravel
Listing agent Kim Hofer (605) 413-7522
Listing office Better Homes and Gardens Real Estate Beyond 5915 S Remington PL. Ste 100, Sioux Falls, SD (605) 275-4663
Listing date Apr 7, 2026
MLS# 22602400
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Sioux Falls 6-Plex Investment
This well-maintained 6-plex is positioned in a convenient central Sioux Falls location. It presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction. Additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. This stabilized small multifamily asset offers steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. The property is situated on a lot of 0.1722 acres. The building size is 5832 square feet. It is located in the city of Sioux Falls, SD. It is a practical, income-producing property with long-term potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.724136
- Latitude
- 43.5362211
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 6-plex in central Sioux Falls with income potential.
Where is this apartment building located?
The property is located at 1011 S 2nd Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Strong investment opportunity with reliable in‑place income.; Desirable mix of 1- and 2‑bedroom units appealing to a broad tenant base.; Convenient central Sioux Falls location.
