$965,000

Much of the renovation work is done. The opportunity to improve performance remains. Offered at $965,000—approximately $60,313 per unit—205 and 207 N Eastern Avenue combine 16 apartments across two buildings in Hartford, just outside Sioux Falls. The property features fourteen two-bedroom units and two one-bedroom units, with approximately 75% reportedly fully renovated. Updated boilers, recent exterior paint, and a new roof on 207 N Eastern complement the interior improvements. With 13 units occupied and three available for lease-up, buyers have a tangible path to increasing income through occupancy stabilization, targeted improvements, and disciplined management. On-site parking, common laundry, and proximity to West Central schools and neighborhood recreation add to the rental offering. The illustrative stabilized pro forma projects approximately $82,900 in annual NOI at the stated market rents and 5% vacancy—an 8.59% yield on the asking price, before financing and capital expenditures. For an investor prepared to complete the remaining work and execute the lease-up, this offering combines an accessible acquisition basis with a clear opportunity to strengthen long-term performance. Financial projections and property information are subject to buyer verification.