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Three-Unit Multifamily Property
New
For Sale
$150,000

624 W 11th St, Sioux Falls, SD 57104

MULTI-FAMILY, Sioux Falls, SD

Property Size2,948 SF
Lot Size0.16 Acres
Price / SF$50.88
Days on Market2

Property Features for 624 W 11th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Not Verified
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
Parking features Off Street
Appliances Range, Refrigerator
Subdivision Bennett's 1st Addn
Elementary school Lowell ES
Middle school George McGovern MS - Sioux Falls
High school Thomas Jefferson High School
Elementary school district Sioux Falls
Middle school district SiouxFalls
High school district SiouxFalls
Directions Google Maps is correct
Standard status Active
APN 25961
Size 2,948 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description W1/2 10, 11 & W1/2 S 9' LOT 12 BLOCK 17 BENNETT'S 1ST ADDN TO CITY OF SIOUX FALL S
Tax Annual Amount 5421
Legal Description W1/2 10, 11 & W1/2 S 9' LOT 12 BLOCK 17 BENNETT'S 1ST ADDN TO CITY OF SIOUX FALL S

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1903
Floors in Building 2
Number of units 3
Flooring type Laminate, Wood, Carpet
Building materials Wood Siding
Roof type Composition
Listing Agency: Keller Williams Realty Sioux Falls
Listed By: Jeremy Simon
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 11:06AM
MLS# 22607797

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,948-square-foot triplex contains three apartments: one with two bedrooms and one bathroom, plus two with one bedroom and one bathroom each. The 1903 building has wood siding, a composition roof, and a mix of laminate, wood, and carpet flooring. Refrigerators and ranges are included, with natural gas heating and electric cooling. Public water and sewer serve the property, and off-street parking is available.

The property sits a few blocks from downtown Sioux Falls, with shopping, dining, entertainment, and major employers identified nearby. The 0.1584-acre parcel is addressed at 624 W 11th St.

Key Highlights

  • Three apartments: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • 2,948 square feet of building area on 0.1584 acres
  • Built in 1903

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Unit mix includes one two-bedroom apartment and two one-bedroom apartments, each with one bathroom.
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 $150,000.
What are key features of this property?
This property features: Three apartments: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 2,948 square feet of building area on 0.1584 acres; Built in 1903
More about this property
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