This 4-plex offers a mix of two 1-bed/1-bath and two 3-bed/1-bath units, broadening tenant appeal and reducing turnover risk. Three units are already renovated, with the fourth in progress, meaning much of the capital work is already done. At a reduced price, this is a well-positioned value-add opportunity for investors looking to scale their multifamily portfolio in Sioux Falls. This mixed unit configuration offers ownership flexibility to hold for cash flow or build on renovation momentum, making it an efficient way to scale a multifamily portfolio at a reduced price.
Courtesy of Daniel Stillson from Gateway Real Estate Advisors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2026 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.