$499,900
Active
67 Days Online
6 Beds6 Baths4,644 SQFT
Active

1820 S Duluth Ave Sioux Falls, SD 57105

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Don't miss this investment opportunity! This two story six plex is conveniently located near colleges, hospitals, and shopping. Each unit is a one bedroom and one bathroom and has access to coin-operated laundry on site. A 4 stall detached garage with new roof in May 2022 is located next to the building which is currently included in rent. Additional income could be generated by renting them out separately. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program just started that bills trash, water and sewer, and gas back to the tenants. This has the potential to create an additional annual cashflow of approximately $4, 856 annually. New flooring, paint, and light fixtures as tenants have moved out to update the property and increase rents over the last two years. Renter’s insurance in place for all tenants setting this property up for great future growth!

  • Property TypeMulti-Family
  • NeighborhoodUniversity Addn
  • CountyMinnehaha
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site66 Days
  • MLS StatusActive
  • MLS ID Number22401691
  • Home Size Source N/A
  • Year Built1948
  • Lot Size0.1989 Acres
  • Full Baths6
  • Partial BathsN/A

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Schools

School District
Sioux Falls
Elementary School
Laura Wilder ES
Middle School
Edison MS
High School
Roosevelt HS

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Monthly Payment (Est.)

$2,666
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