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16-Unit Apartment Property

205 207 N Eastern Ave, Hartford, SD 57033

For Sale
$965,000
Pending

Two buildings offer shared laundry, on-site parking, and a mix of one- and two-bedroom apartments.

Property Size14,244 SF
Days on Market55

Property Features for 205 207 N Eastern Ave

General Information

Standard status Pending
Size 14,244 SF
Property subtype Multi-Family
Occupancy 81%

Units

Unit Mix 14 x 2BR, 2 x 1BR
Multifamily Units 16

Additional Details

Asking Price $965,000
Tenant in Place Yes

Amenities

common laundry
on-site parking

Building Details

Year Built 1972
Buildings 2
Listing Agency: 605 Real Estate LLC
Listed By: Blake Bohner
Source: Siouxfallsareahomesearch
Added: Sep 17 Changed: Nov 3 Last Checked: Nov 6 at 9:14AM

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 605 Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This 16-apartment property comprises two buildings at 205 and 207 N Eastern Avenue, with 14,244 square feet of building area. The unit mix includes fourteen two-bedroom apartments and two one-bedroom apartments. Approximately 75% of the units are reported fully renovated. Improvements include updated boilers, recent exterior paint, and a new roof on the 207 building. Common laundry and on-site parking serve the property.

The property is in Hartford, just outside Sioux Falls, near West Central schools and neighborhood recreation. Thirteen apartments are occupied, while three are available for lease-up.

Key Highlights

  • 16 apartments across two buildings, totaling 14,244 square feet
  • Unit mix: fourteen two‑bedroom apartments and two one‑bedroom apartments
  • Approximately 75% of units reported fully renovated

Property Analytics

Lease Details

16
Residential units
81.3%
Occupancy

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 57033, SD

5,654
Population
2,326
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
97%
High-School Grad
120.5 sq mi
ZIP Area
47
Density / Sq Mi
$98,156
Median Household Income
$49,525
Median Earnings
$949
Median Rent
$280,500
Median Home Value

Market

Properties on Market for Apartment buildings in Minnehaha County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings offer shared laundry, on-site parking, and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 205 207 N Eastern Ave Hartford, SD.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 16 apartments across two buildings, totaling 14,244 square feet; Unit mix: fourteen two‑bedroom apartments and two one‑bedroom apartments; Approximately 75% of units reported fully renovated
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