703 S Dakota Ave, Sioux Falls, SD 57104

$780,000
5,248
SqFt

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List Price
$780,000
MLS#
22606054
Living Area
5,248
Lot Size
9,635

Property Description

Excellent investment opportunity to acquire a 9-unit apartment building located just blocks from downtown Sioux Falls. The property has been professionally managed for many years and features a desirable unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Recent improvements include new siding, security doors, and cement, along with several remodeled units.The apartments offer spacious layouts with dining areas off the kitchens, large windows providing natural light, ample closet and storage space, and individual window air conditioning units. The property includes common-area coin operated laundry in the lower level, a 7-stall detached garage, and off-street parking. Conveniently located near shopping, dining, entertainment, schools, this well-maintained property provides strong rental appeal and an excellent opportunity for investors seeking a turnkey asset.

Additional Information

School District
SiouxFalls
Middle School
Patrick Henry MS
High School
Lincoln HS
Elementary School
Susan B Anthony ES
Acres
0.22
Appliances
Refrigerator, Range
Basement
Full
Foundation
Block
Heating
Baseboard
Living Area
5,248
Lot Size
9,635
Number Of Units
9
Possession
Negotiable
Roof
Composition
Sewer
Public Sewer
Stories
2
Subdivision
Lloyd Addn
Water
Public
Year Built
1977

Courtesy of Amber Ellingsen from Keller Williams Realty Sioux Falls.


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.

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