2601 Pioneer Trl Sioux Falls, SD 57103
MULTI_FAMILY - Sioux Falls, SD
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features for 2601 Pioneer Trl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- APN
- 38253
- Size
- 3,264 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Description
- LOT 2B BLOCK 4 KLONDIKE ADDN TO CITY OF SIOUX FALLS
- Tax Annual Amount
- 4745
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Spencer Mannes (605) 310-8800
Listing office CORE Real Estate 27677 469th Ave, Lennox, SD (605) 438-2738
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
Located at 2601 Pioneer Trl in Sioux Falls, the building is described as conveniently positioned across the street from bike trails and close to area amenities including Avera Fitness, the interstate, restaurants, and parks.
For buyers seeking a multi-family investment with current tenant occupancy and on-site parking, this fourplex presents a straightforward income setup with dedicated garage space.
Key Highlights
- 4‑plex with 4 units currently tenant‑occupied
- 4‑stall garage for renters plus 5 additional parking spots
- Year built: 1977
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $13.80 |
| − Vacancy | −$4.3k | −$1.33 |
| EGI | $40.7k | $12.47 |
| − OpEx | −$12.2k | −$3.74 |
| NOI | $28.5k | $8.73 |
