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Three-Unit Triplex Near Downtown
New
For Sale
$175,000

624 W 11th St, Sioux Falls, SD 57104

The property contains one two-bedroom unit and two one-bedroom units in a three-unit configuration.

Property Size2,948 SF
Price / SF$59.36
Days on Market3

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 repairs and updates

Units

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

Building Details

Year Built 1903
Listing Agency: Exp Realty- Sf-Allen Edge Team
Listed By: Amy Stockberger Real Estate
Source: Findahomeinsiouxfalls
Added: Sep 5 Changed: Sep 6 Last Checked: Sep 7 at 6:47AM

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 Exp Realty- Sf-Allen Edge Team

Investment Insights

Based on property information with market context.

This 2,948-square-foot triplex at 624 W 11th St includes three residential units: one with two bedrooms and one bathroom, plus two one-bedroom, one-bathroom units. Built in 1903, the property offers a defined unit mix within an established multifamily building. Repairs and updates are needed, providing a clear scope for physical improvements.

The property is located just blocks from downtown Sioux Falls, with nearby access to shopping, dining, entertainment, and major employers. Its three-unit layout and separate bedroom configurations support a range of residential occupancy needs while maintaining a compact multifamily footprint.

Key Highlights

  • Three‑unit triplex with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • 2,948‑square‑foot multifamily property built in 1903
  • Located at 624 W 11th St, Sioux Falls, SD 57104

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 - The property contains one two-bedroom unit and two one-bedroom units in a three-unit configuration.
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 $175,000.
What are key features of this property?
This property features: Three‑unit triplex with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 2,948‑square‑foot multifamily property built in 1903; Located at 624 W 11th St, Sioux Falls, SD 57104
More about this property
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