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    Sioux Falls, SD
    Short Term Rental

    Sioux Falls, SD Short Term Rental Properties for Sale

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    Tea, SD Harrisburg, SD Renner, SD Hartford, SD Brandon, SD Rowena, SD Worthing, SD Lennox, SD
    Triplex with Three Furnished Units
    Updated: May 27
    Triplex with Three Furnished Units

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft 0.22 AC lot
    0.2242‑acre lot with a 2,420 SF triplex built in 1948
    Three separate furnished units: main floor 2 bed, 1 bath; upper and lower each 1 bed, 1 bath
    Upper unit has a private entrance via an exterior balcony
    Shared laundry access for all units in the basement
    On‑site paved parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    2504 S Summit Ave, Sioux Falls, SD 57105

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $302K
      Suggested

    • Property Type

      Triplex
      Built 1948
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sioux Falls, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Ranch Duplex with Enclosed Porch
    Ranch Duplex with Enclosed Porch

    912 B Street, Lincoln, NE 68502

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    1,384 sqft 0.16 AC lot

    Ranch duplex built in 1941 with forced-air heating, central air, and an enclosed porch with existing rental occupancy.

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    Remodeled Duplex with Detached Garage
    Remodeled Duplex with Detached Garage

    825-827 N 47th Street, Omaha, NE 68132

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    Duplex features two units, each with two bedrooms and one bathroom, plus forced-air heat and central air.

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    Multi-Property Rental Portfolio
    Multi-Property Rental Portfolio

    1234 South 9th Street, Lincoln, NE 68502

    Contact for pricing

    Three income-producing rental properties are offered together, with existing long-term leases and month-to-month occupancy in place.

    View details

    Sioux Falls, SD Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Sioux Falls, SD on our real estate platform. These investment opportunities span a total of 2,420 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for short term rental properties in Sioux Falls, SD average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 17
    Duplexes 8
    Quadplexes 7
    Triplexes 6
    Mobile home & RV parks 1

    Demographics Overview

    Population 204K
    Population Growth (5Y) +15.2%
    Median Household Income $77,935
    College Educated 16.5%

    High-Yield Neighborhoods for Investment

    Identify Sioux Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57105 $450K

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Property Tax per SF $30.71 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Minnehaha County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Sioux Falls fall within the 50,000 to 100,000 square foot range.

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