Three-Unit Multifamily Income
227 N Spring Ave Sioux Falls, SD 57104
227 N Spring Ave, Sioux Falls, SD, 57104
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For Sale
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Pending
Well-maintained 3-plex with a 3-bedroom main level and two 1-bedroom units.
Days on Market102
Property Features for 227 N Spring Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Better Homes and Gardens Real Estate Beyond
Listed by
Matthew Wallum · License #20509
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:25AM Checked: Jul 21 at 3:25AM
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Investment Insights
Based on property information with market context.
This 3-plex offers three separate residential units with a layout that supports straightforward income. The main level features a 3-bedroom, 1-bath configuration. The second story includes two 1-bedroom, 1-bath units, and one of these units has attic access that may allow for the addition of bedrooms.
An unfinished basement provides practical shared amenities, including laundry, tenant storage, utilities, and a closed-off extra-deep 1-stall garage. With a simple remodel, the lower level has potential to be converted into an additional unit.
The property also features 1920s-era woodwork and high ceilings, adding character throughout the living spaces.
An unfinished basement provides practical shared amenities, including laundry, tenant storage, utilities, and a closed-off extra-deep 1-stall garage. With a simple remodel, the lower level has potential to be converted into an additional unit.
The property also features 1920s-era woodwork and high ceilings, adding character throughout the living spaces.
Key Highlights
- 3‑plex with a 3‑bedroom, 1‑bath main‑level unit and two 1‑bedroom, 1‑bath units on the second story
- One 1‑bedroom unit includes attic access that could allow 1 or 2 additional bedrooms to be added
- Unfinished basement includes laundry, tenant storage, utilities, and a closed‑off extra‑deep 1‑stall garage
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Triplex - Well-maintained 3-plex with a 3-bedroom main level and two 1-bedroom units.
Where is this triplex located?
The property is located at 227 N Spring Ave Sioux Falls, SD.
What are key features of this property?
This property features: 3‑plex with a 3‑bedroom, 1‑bath main‑level unit and two 1‑bedroom, 1‑bath units on the second story; One 1‑bedroom unit includes attic access that could allow 1 or 2 additional bedrooms to be added; Unfinished basement includes laundry, tenant storage, utilities, and a closed‑off extra‑deep 1‑stall garage