1011 S 2nd Ave, Sioux Falls, SD 57105-0849
10
6|Other
AUD $969,584
USD $675,000
Published on: 09 Apr 2026
Last updated on: 05 Oct 2026
Property ID: 110107084904
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MULTI-FAMILY, Sioux Falls, SD
1011 S 2nd Ave, Sioux Falls, SD 57105-0849
Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
696.87 m2
Building Size
541.81 m2
Year Built
1971
Rooms
10 bedroom(s), 6 bathroom(s)
Num Floors
2
County
Minnehaha
Parcel ID
26711
Provider
Realtor Association of the Sioux Empire MLS
Subdivision
Boulevard Addn
Brokerage Office Name
Better Homes and Gardens Real Estate Beyond
Brokerage Office Phone
(605) 413-7522
Neighbourhoods
Boulevard Addn
Address
1011 S 2nd Ave, Sioux Falls, SD 57105-0849
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Lincoln HS | Not available |
| Not available | Not available | Not available |
| Elementary | Susan B Anthony ES | Not available |
| Not available | Not available | Not available |
| Middle | Patrick Henry MS | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Patrick Henry MS | Not available |
| Not available | Not available | Not available |
Contact Agent
Kim Hofer
Better Homes and Gardens Real Estate Beyond
5101 S Nevada Ave., Ste. 150 , Sioux Falls, SD 57108-
Get in touch
Contact Agent
Contact Agent
Email enquiry to Better Homes and Gardens Real Estate Beyond
Kim Hofer
5101 S Nevada Ave., Ste. 150 , Sioux Falls, SD 57108-
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Property ID: 110107084904
Original Property ID: 3yd-RASESD-22602400Data provided by Realtor Association of the Sioux Empire MLS, MLS #: 22602400
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