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Sandy Creek 24-Unit Apartment Building
For Sale
Contact for pricing
Pending

320 N Western Ave, Sioux Falls, SD 57104

Three-story community with varied floor plans, private outdoor space, garage parking, and access to central Sioux Falls amenities.

Property SizeContact for details
Lot Size1.23 Acres
Days on Market147

Property Features for 320 N Western Ave

General Information

Standard status Pending
Net Rentable 27,465 SF
Lot size 1.23 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 24

Amenities

washer/dryer hookups
wall-mounted A/C units
patio/balcony
surface parking
scenic views

Building Details

Year Built 1997
Buildings 1
Stories 3
Listing Agency: 605 Real Estate
Listed By: Brad Stearns · License #15071
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 11:19PM

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 605 Real Estate

Investment Insights

Based on property information with market context.

Sandy Creek is a 24-unit apartment community in Central Sioux Falls, housed in a single three-story building constructed in 1997. The property contains approximately 27,465 square feet of rentable area on a 1.23-acre site, with one-, two-, and three-bedroom apartments ranging from 700 to 1,100 square feet. Individual units include washer and dryer hookups, wall-mounted A/C, and either a patio or balcony. Surface parking and 24 detached garage stalls serve the community, while the adjoining creek provides views from the property.

The property is located at 320 N Western Ave with access to downtown Sioux Falls, the Denny Sanford Premier Center, retail and employment corridors, I-29, public transit, and daily amenities. Its central setting places residents near multiple established destinations while retaining a residential apartment configuration.

The unit mix, on-site garage inventory, outdoor areas, and practical in-unit features create a clearly defined multifamily operating profile. Garage stalls provide additional income potential, as stated in the property information.

Key Highlights

  • 24‑unit multifamily community on 1.23 acres
  • Approximately 27,465 square feet of rentable space
  • Mix of one-, two-, and three‑bedroom apartments from 700 to 1,100 square feet

Property Analytics

Current Use

Sandy Creek Apartments Apartment Complex

Suggested Use

Top Pick Dental Office Parking Lot & Garage Garden Center Carpet & Flooring Store Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story community with varied floor plans, private outdoor space, garage parking, and access to central Sioux Falls amenities.
Where is this apartment building located?
The property is located at 320 N Western Ave Sioux Falls, SD.
What are key features of this property?
This property features: 24‑unit multifamily community on 1.23 acres; Approximately 27,465 square feet of rentable space; Mix of one-, two-, and three‑bedroom apartments from 700 to 1,100 square feet
More about this property
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