54-Unit Multifamily
For Sale
Contact for pricing
4601 E 26th St, Sioux Falls, SD 57110
54-unit community built in the 1990s with one- and two-bedroom apartments, 53 private garages, and on-site laundry.
Property Size137,238 SF
Price / SF$39.35
Days on Market148
Property Features for 4601 E 26th St
General Information
Standard status
Active
Size
137,238 SF
Class
B
Total Parking Spaces
53
Property subtype
Multifamily
Zoning
Commercial
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$377,785
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
54
Building Details
Year Built
1994
Year Renovated
2024
Buildings
3
Stories
3
Units
54
Listing Agency:
Gateway Real Estate Advisors
Listed By:
Nic Madsen · License #S67281000
(712) 540-6562
Source:
Crexi
Added: Apr 10
Changed: Sep 2
Last Checked: Sep 1 at 10:41PM
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 Gateway Real Estate Advisors
Investment Insights
Based on property information with market context.
This 54-unit multifamily community was built in the 1990s and offers a mix of one- and two-bedroom apartments. The property includes 53 private garages and on-site laundry for residents. Public remarks also note recently renovated units and near-full occupancy.
The community sits along Sioux Falls’ growing east corridor, with convenient access to I-229 and the 41st Street retail corridor. It is also positioned near both Sanford and Avera medical campuses.
Financial information is available upon request.
The community sits along Sioux Falls’ growing east corridor, with convenient access to I-229 and the 41st Street retail corridor. It is also positioned near both Sanford and Avera medical campuses.
Financial information is available upon request.
Key Highlights
- 54‑unit multifamily community built in 1994 with a mix of one- and two‑bedroom apartments
- 53 private garages included for residents
- On‑site laundry available
Property Analytics
Property Profile
Current Use
Lease Details
54
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
Demographics for 57110, SD
22,013
Population
9,178
Households
2.4
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,053
Density / Sq Mi
$87,114
Median Household Income
$52,202
Median Earnings
$1,018
Median Rent
$365,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 54-unit community built in the 1990s with one- and two-bedroom apartments, 53 private garages, and on-site laundry.
Where is this apartment building located?
The property is located at 4601 E 26th St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 54‑unit multifamily community built in 1994 with a mix of one- and two‑bedroom apartments; 53 private garages included for residents; On‑site laundry available
