Historic Art-Deco Apartment
For Sale
$2,400,000
703 S Summit Avenue, Sioux Falls, SD 57104
30-unit apartment building with striking Art-Deco architecture.
Days on Market124
Property Features for 703 S Summit Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1937
Listing Agency:
NAI | Sioux Falls
(605) 261-2777
Listed By:
Michael Martin, CCIM · License #16008
(605) 261-2777
Source:
Naiglobal
Added: Apr 1
Changed: Jul 10
Last Checked: Aug 2 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Sioux Falls
Investment Insights
Based on property information with market context.
This historic apartment building features striking Art-Deco architecture and is listed on the National Register of Historic Places. The property comprises 30 units, with a unit mix of 12 studio apartments, 17 one-bedroom apartments, and 1 two-bedroom apartment. There are 11 garage spaces available. The building includes 6 furnished units and a common-area patio located above the garages. On-site coin-operated laundry facilities are available for residents.
Key Highlights
- Striking Art‑Deco Architecture
- Listed on the National Register of Historic Places
- 30 Units with a Mix of Studio, 1‑Bed, and 2‑Bed Apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 57104, SD
26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit apartment building with striking Art-Deco architecture.
Where is this apartment building located?
The property is located at 703 S Summit Avenue Sioux Falls, SD.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Striking Art‑Deco Architecture; Listed on the National Register of Historic Places; 30 Units with a Mix of Studio, 1‑Bed, and 2‑Bed Apartments