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    Sioux Falls, SD Triplexes for Sale

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    Tea, SD Harrisburg, SD Renner, SD Hartford, SD Brandon, SD Rowena, SD Lennox, SD Worthing, SD
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    Updated Triplex Multifamily Property
    Updated: Sep 8
    Updated Triplex Multifamily Property

    801 W 13th St, Sioux Falls, SD 57104

    $239,900
    1,784 sqft 0.07 AC lot
    Triplex with 1,784 square feet on a 0.0727‑acre lot
    Major updates include plumbing, electrical, HVAC, kitchens, bathrooms, paint, and carpet
    Separately metered utilities; landlord covers garbage and water/sewer
    Built in 1904 with wood siding, composition roof, and basement
    Range and refrigerator appliances included
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    Triplex with Rental Unit Mix
    Updated: Sep 3
    Triplex with Rental Unit Mix

    624 W 11th St, Sioux Falls, SD 57104

    $175,000
    2,948 sqft 0.16 AC lot
    Three‑unit layout with one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
    2,948 square feet on 0.1584 acres
    Built in 1903 with a basement, wood siding, and composition roof
    Off‑street parking with public water and public sewer
    Natural gas heating and electric cooling
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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    514 S Summit Ave, Sioux Falls, SD 57104

    $264,000
    1,864 sqft 0.11 AC lot

    Wood-sided income property with varied unit layouts, basement space, public utilities, and forced-air heat.

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    See hot listings in Sioux Falls

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Updated Triplex Multifamily Property
    Updated Triplex Multifamily Property

    801 W 13th St, Sioux Falls, SD 57104

    $239,900
    1,784 sqft

    Three-unit property with refreshed interiors, modernized building systems, and separately metered utilities.

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    Furnished Triplex with Shared Laundry
    Furnished Triplex with Shared Laundry

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft 0.22 AC lot

    Three furnished units with separate living areas, kitchens, and baths support flexible rental use in central Sioux Falls.

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    Three-Unit Triplex Near Downtown
    Three-Unit Triplex Near Downtown

    624 W 11th St, Sioux Falls, SD 57104

    $175,000
    2,948 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Triplex with Four-Stall Garage
    Renovated Triplex with Four-Stall Garage

    817 W 15th St, Sioux Falls, SD 57104

    $379,900
    2,559 sqft

    Fully occupied three-unit property with varied layouts and dedicated detached garage parking.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    514 S Summit Ave, Sioux Falls, SD 57104

    $264,000
    1,864 sqft

    New main-level carpeting complements varied bedroom layouts across the residential units.

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    Downtown Triplex Property
    Downtown Triplex Property

    207 W 14th St, Sioux Falls, SD 57104

    $360,000
    3,632 sqft

    Three-unit income property positioned in downtown Sioux Falls near restaurants, shopping, and entertainment.

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    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    904 S BLAINE AVE, Sioux Falls, SD 57103

    Contact for pricing
    5,100 sqft 0.32 AC lot

    Two-unit multifamily asset with a 1972 construction date and AS1 zoning in Sioux Falls.

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    Furnished Triplex with Separate Units
    Furnished Triplex with Separate Units

    2504 S Summit Ave, Sioux Falls, SD 57105

    $450,000
    2,420 sqft

    Three furnished units provide distinct living areas, kitchen spaces, and bathroom setups.

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    Updated Triplex Near Downtown
    Updated Triplex Near Downtown

    614 S 2nd Ave, Sioux Falls, SD 57104

    $195,000
    2,232 sqft

    Each residence has one bedroom and one bathroom, with recent interior updates throughout.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 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.

    Updated Three-Unit Triplex
    Updated Three-Unit Triplex

    3820 ORLEANS AVE, Sioux City, IA 51106

    $270,000
    2,476 sqft 0.14 AC lot

    Fully occupied residential triplex combining two two-bedroom units with one one-bedroom unit and an updated upper residence.

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    Lake-View Triplex with Three Units
    Lake-View Triplex with Three Units

    41 Dewey St, Arnolds Park, IA 51331

    $699,000
    3,336 sqft

    Three distinct units support vacation stays and long-term occupancy, with a lawn designed for outdoor gatherings.

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    Updated Triplex
    Updated Triplex

    518 S Helen St., Sioux City, IA 51106

    $199,000
    1,584 sqft 0.20 AC lot

    Unit mix includes two-bedroom, one-bedroom, and studio residences with updated flooring and general improvements.

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    Triplex with Lake Views
    Triplex with Lake Views

    41 Dewey Street, Arnolds Park, IA 51331

    $699,000
    0.32 AC lot

    Three distinct residences offer a mix of vacation-oriented and long-term rental use near downtown, entertainment, and public waterfront access.

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    Sioux Falls, SD Triplexes Market Trends and Statistics

    Explore 12 triplexes for sale in Sioux Falls, SD, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 31,555 square feet of properties for sale, with an estimated market value of $3,192,700.

    Sale prices for three-family homes in Sioux Falls, SD start at $175,000, averaging $290,245, and reaching up to $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

    Duplexes 35
    Apartment buildings 33
    Triplexes 12
    Quadplexes 10
    Short term rental properties 6

    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
    57104 $260.3K
    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%

    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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    Most Searched ZIP Codes in Sioux Falls, SD

    • 57104
    • 57105
    • 57103

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