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    Triplex

    Sioux Falls, SD Triplexes for Sale

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    Found 8 triplex listings for sale in Sioux Falls, SD, averaging $123/sq ft. Use valuation data to compare deals faster.
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    Updated 3-Unit Triplex
    Updated: Sep 28
    Updated 3-Unit Triplex

    605 S Spring Ave, Sioux Falls, SD 57104

    $225,000
    1,836 sqft 0.13 AC lot
    Three units: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
    1,836 square feet on a 0.1267‑acre lot
    Separate electric meter and supplemental heat for each unit
    Composition roof installed in 2023; basement furnace supplies additional heat
    Rear off‑street parking
    View details
    Three-Unit Multifamily Property
    Updated: Jul 21
    Three-Unit Multifamily Property

    514 S Summit Ave, Sioux Falls, SD 57104

    $264,000
    1,864 sqft 0.11 AC lot
    Three‑unit configuration with one 3‑bedroom/1‑bath unit and two 2‑bedroom/1‑bath units
    1,864 square feet on a 0.1148‑acre lot
    Built in 1910 with wood siding and a composition roof
    Main level features new carpet along with wood and vinyl flooring
    Public water, public sewer, forced‑air heating, and basement
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    Triplex with Studio Apartment
    Triplex with Studio Apartment

    2512 S Summit Ave, Sioux Falls, SD 57105

    $279,900
    1,654 sqft 0.25 AC lot

    Three separate residences include two multi-bedroom units and a studio beneath the garage.

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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
    Triplex with Four-Stall Garage
    Triplex with Four-Stall Garage

    4813 S Baha Ave, Sioux Falls, SD 57106

    $530,000
    4,166 sqft

    Three separate residences offer varied bedroom layouts, private entrances, decks and fenced grounds.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    624 W 11th St, Sioux Falls, SD 57104

    $150,000
    2,948 sqft 0.16 AC lot

    Unit mix includes one two-bedroom apartment and two one-bedroom apartments, each with one bathroom.

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    Triplex with Updated Garden-Level Unit
    Triplex with Updated Garden-Level Unit

    1509 S Duluth Ave, Sioux Falls, SD 57105

    $259,777
    2,248 sqft 0.20 AC lot

    Three apartments, shared coin-operated laundry, and off-street parking support a flexible residential income property.

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    Updated Triplex with Porches
    Updated Triplex with Porches

    608 S Western Ave, Sioux Falls, SD 57104

    $259,900
    1,900 sqft

    Three apartments comprise two one-bedroom units upstairs and a two-bedroom residence on the lower level.

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    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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    8 active listings match your search: For sale in Sioux Falls, SD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    3-Unit Triplex with Separate Utilities
    3-Unit Triplex with Separate Utilities

    2605 Home St, Sioux City, IA 51109

    $169,000
    1,140 sqft 0.24 AC lot

    The property combines a four-bedroom unit with two efficiency apartments and separate utility service.

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    Three-Unit Triplex
    Three-Unit Triplex

    905-07 19TH ST, Sioux City, IA 51105

    $165,000
    1,800 sqft 0.26 AC lot

    A 1,800-square-foot residential property offers three rental units on a 0.26-acre parcel.

    View details
    Three-Unit Residential Property
    Three-Unit Residential Property

    310 Taft St S, Humboldt, IA 50548

    $100,000
    2,025 sqft 0.16 AC lot

    Residential income property with two occupied units and one vacant unit for renovation or future occupancy.

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    Triplex with Vacant Unit
    Triplex with Vacant Unit

    310 S Taft Street, Humboldt, IA 50548

    $100,000
    2,025 sqft 0.16 AC lot

    Three-unit residential property with two rented units and one vacant unit offering flexibility for renovation.

    View details

    Sioux Falls, SD Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Sioux Falls, SD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 19,175 square feet of properties for sale, with an estimated market value of $2,348,477.

    Sale prices for three-family homes in Sioux Falls, SD start at $150,000, averaging $293,559, and reaching up to $530,000 — 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 37
    Apartment buildings 36
    Triplexes 13
    Quadplexes 9
    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
    57104 $253.1K
    57105 $273.2K
    57106 $530K

    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%

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Sioux Falls, SD

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    Most Searched ZIP Codes in Sioux Falls, SD

    • 57104
    • 57105
    • 57106

    Featured Sioux Falls Real Estate Agencies

    Realmo connects you with licensed Sioux Falls CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    4TUNE, INC.
    606 W 33rd St Sioux Falls, SD 57105
    Phone: (605) 310-1162
    Keller Williams Realty Sioux Falls
    6300 S. Connie Ave Sioux Falls, SD 57108
    Phone: (605) 275-0555
    kwrsf.com/
    Century 21 Advantage
    4900 S Minnesota Ave Ste 201 Sioux Falls, SD 57108
    Phone: (605) 336-2121
    www.3362121.com
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