Two-Unit Duplex with
For Sale
$329,900
2905 E Klondike Trl, Sioux Falls, SD 57103
Well-maintained duplex with private laundry, attached garage stalls, and a fireplace in the upper residence.
Property Size2,080 SF
Price / SF$158.61
Days on Market63
Property Features for 2905 E Klondike Trl
General Information
Standard status
Active
Size
2,080 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
private laundry
fireplace
Building Details
Buildings
1
Listing Agency:
Vigor Realty
Listed By:
Jon Fick · License #SD-15630
(605) 360-7643
Source:
Exprealty
Added: Aug 4
Changed: Sep 10
Last Checked: Oct 5 at 7:06PM
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 Vigor Realty
Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bath residences, each measuring approximately 1,040 finished square feet. Both units include private laundry and an attached garage stall, while the upper residence also features a fireplace. Low-maintenance boiler heat serves the property, which is described as being in exceptional condition.
Tenants pay electricity, cable/internet, and snow removal; ownership covers gas, water/sewer, garbage, and lawn care. The property is located near a bike trail, parks, grocery stores, restaurants, and shopping, with quick access to I-229. Situated at 2905 E Klondike Trl in Sioux Falls, SD, the duplex offers a two-residence layout with separate laundry and garage accommodations.
Tenants pay electricity, cable/internet, and snow removal; ownership covers gas, water/sewer, garbage, and lawn care. The property is located near a bike trail, parks, grocery stores, restaurants, and shopping, with quick access to I-229. Situated at 2905 E Klondike Trl in Sioux Falls, SD, the duplex offers a two-residence layout with separate laundry and garage accommodations.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- Approximately 1,040 finished square feet per unit; 2,080 total property size
- Private laundry and an attached garage stall for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,158
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,160
$363.2K
Cap Rate 7%
$259,400
$259.4K
Cap Rate 9%
$201,756
$201.8K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$28.7K $13.80/SF
− Vacancy
−$2.8K −$1.33/SF
EGI
$25.9K $12.47/SF
− OpEx
−$7.8K −$3.74/SF
NOI
$18.2K $8.73/SF
Area
Sioux Falls, SD
Vacancy
9.63%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,160
Cap Rate 7%
$259,400
Cap Rate 9%
$201,756
Alternative Uses
Best Use
Multifamily LT 5
$259.4K
$227.0K – $302.6K
NOI $18,158 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$237.9K
$208.2K – $277.6K
NOI $16,654 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$564.8K
$494.2K – $659.0K
NOI $39,537 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 57103, SD
36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with private laundry, attached garage stalls, and a fireplace in the upper residence.
Where is this duplex located?
The property is located at 2905 E Klondike Trl Sioux Falls, SD.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Approximately 1,040 finished square feet per unit; 2,080 total property size; Private laundry and an attached garage stall for each unit
