2900 E Klondike Trl, Sioux Falls, SD 57103
MULTI_FAMILY - Sioux Falls, SD
- Added:
- Jun 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 9 at 8:06 pm
Property Features for 2900 E Klondike Trl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Not Verified
- Rooms
- Basement
- Security features
- Security Lighting
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 38270
- Size
- 3,776 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Description
- E 45` 16 & ALL 15 BLOCK 5 KLONDIKE ADDN TO CITY OF SIOUX FALLS
- Tax Annual Amount
- 5493
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(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
- Vinyl Siding
- Roof type
- Composition
Listing agent Lisa Touney License #12127 (605) 310-1162
Listing office RE/MAX Professionals Inc 606 W 33rd St, Sioux Falls, SD (605) 334-8585
Listing date Jun 9, 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.
HighLights
- Four‑plex with four 2‑bedroom, 1‑bath units
- Each unit includes its own detached single‑stall garage
- Common utility area for shared functionality
- Year built 1977
- Utilities: public water and public sewer
- Appliances included: dishwasher, dryer, range, refrigerator, and washer
Overview
The property is located at 2900 E Klondike Trl in Sioux Falls, within Minnehaha County. It sits on a 0.3223-acre lot, providing a compact site for a small residential income building.
For investors or owner-operators seeking a small, manageable residential income asset, the unit mix of four 2-bedroom apartments offers a consistent configuration across the property. The detached garages for each unit are a tangible feature that can improve day-to-day tenant experience, while the common utility area supports orderly building operations. With recent updates already in place, this fourplex may appeal to buyers looking for a streamlined path to owning a fully income-producing multifamily asset.
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 | $52.1k | $13.80 |
| − Vacancy | −$5.0k | −$1.33 |
| EGI | $47.1k | $12.47 |
| − OpEx | −$14.1k | −$3.74 |
| NOI | $33.0k | $8.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.689578
- Latitude
- 43.526296
