Cash-Flowing 7-Plex
For Sale
Contact for pricing
Pending
920 N Walts Ave, Sioux Falls, SD 57104
Seven-unit multifamily property with separately metered electric and recent updates including a newer roof and electrical.
Property SizeContact for details
Days on Market124
Property Features for 920 N Walts Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
7
Building Details
Tenancy
Multi
Listing Agency:
KW Commercial Sioux Falls, SD
Listed By:
Christopher Chase · License #SD 17778
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 11 at 4:29PM
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 KW Commercial Sioux Falls, SD
Investment Insights
Based on property information with market context.
This for-sale 7-plex offers a mix of unit types, including four 1-bedroom units, two 2-bedroom units, and one studio. Reported updates include a newer roof, updated electrical, a brand-new water heater, and newly installed electric baseboard heat. The electric is separately metered, with tenants responsible for their own heating bill year-round.
The property is located near parks, gardens, and a pool, supporting a residential setting.
As presented, the building is an investor-focused asset with some remaining room for value-add opportunities.
The property is located near parks, gardens, and a pool, supporting a residential setting.
As presented, the building is an investor-focused asset with some remaining room for value-add opportunities.
Key Highlights
- 7‑plex with a mix of unit types: four 1‑bedroom, two 2‑bedroom, and one studio
- Electric is separately metered—tenants pay their own heating bill all year (electric heat; electric is separately metered)
- Recent updates include a newer roof and updated electrical
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property with separately metered electric and recent updates including a newer roof and electrical.
Where is this apartment building located?
The property is located at 920 N Walts Ave Sioux Falls, SD.
What are key features of this property?
This property features: 7‑plex with a mix of unit types: four 1‑bedroom, two 2‑bedroom, and one studio; Electric is separately metered—tenants pay their own heating bill all year (electric heat; electric is separately metered); Recent updates include a newer roof and updated electrical
