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Triplex with Two-Bedroom Unit
For Sale
$200,000

624 W 11th St, Sioux Falls, SD 57104

Three-unit residential property with a varied unit mix and proximity to downtown amenities and employers.

Property Size2,948 SF
Price / SF$67.84
Days on Market39

Property Features for 624 W 11th St

General Information

Standard status Active
Size 2,948 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence could benefit from repairs and updates

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1903
Listing Agency: The Experience Real Estate
Listed By: Amy Stockberger Real Estate
Source: Findahomeinsiouxfalls
Added: Jul 23 Changed: Aug 28 Last Checked: Aug 29 at 9:09AM

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 The Experience Real Estate

Investment Insights

Based on property information with market context.

Built in 1903, this 2,948-square-foot triplex contains three residential units: one two-bedroom, one-bath apartment and two one-bedroom, one-bath apartments. The property may benefit from repairs and updates, providing a clear renovation component for a new owner.

Located at 624 W 11th St in Sioux Falls, the building is positioned a few blocks from downtown, with shopping, dining, entertainment, and major employers nearby.

Key Highlights

  • Three‑unit building with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • 2,948 square feet of total property size
  • Built in 1903

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service HVAC Service Locksmith Acupuncture Dental Office (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,613
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?
Triplex - Three-unit residential property with a varied unit mix and proximity to downtown amenities and employers.
Where is this triplex located?
The property is located at 624 W 11th St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three‑unit building with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 2,948 square feet of total property size; Built in 1903
More about this property
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