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78-Unit Apartment Community

300 South Lowell Avenue, Sioux Falls, SD 57103

For Sale
Contact for pricing

Renovated one- and two-bedroom residences feature controlled entry, security cameras, and resident laundry facilities.

Property SizeContact for details
Days on Market52

Property Features for 300 South Lowell Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 78

Amenities

controlled-access building entrances
security cameras
on-site laundry facilities

Building Details

Buildings 6
Stories 3
Listing Agency: Bender Commercial
Listed By: Alex Soundy · License SD #18022
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 12 at 5:33AM

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 Bender Commercial

Rey
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Investment Insights

Based on property information with market context.

This multifamily community includes 78 apartments across six three-story buildings. The one- and two-bedroom units have undergone renovations with updated interior finishes. Controlled-access entry and security cameras serve the property, and residents have on-site laundry facilities.

The community is in east-central Sioux Falls, with access to 10th Street, Interstate 229, and downtown. Major employers, retail, dining, and everyday services are nearby.

Key Highlights

  • 78 apartments in six three‑story buildings
  • One- and two‑bedroom units renovated with updated interior finishes
  • Controlled‑access entrances and security cameras throughout the property

Property Analytics

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Lease Details

78
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Sioux Falls

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 - Renovated one- and two-bedroom residences feature controlled entry, security cameras, and resident laundry facilities.
Where is this apartment building located?
The property is located at 300 South Lowell Avenue Sioux Falls, SD.
What is the asking price?
The asking price for this property is $6,650,000.
What are key features of this property?
This property features: 78 apartments in six three‑story buildings; One- and two‑bedroom units renovated with updated interior finishes; Controlled‑access entrances and security cameras throughout the property
(605) 376-3700 Call to check price and availability
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