Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3,552 sqft

$700,000

3505 S Hawthorne Ave, Sioux Falls SD, 57105

Price per sqft$197.07
Built in1973
Property size3,552 sqft
Property typeMulti-family
Listed by Jackson Dorhout with Alpine Residential Listing Contact: [email protected]

Overview

Active

Listed May 8, 2026

Updated Sep 10

Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns. New roof and boiler in 2021. A solid addition to any investment portfolio with dependable cash flow and value-add potential. Don’t miss your chance to own this income-producing multifamily property—schedule your showing or request financial details today!

$4,657/mo

Est. mortgage payment based on a $700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22603283

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.47 Acres
MLS provider logo

Listed by Jackson Dorhout with Alpine Residential Listing Contact: [email protected] 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 9/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 REALTOR® Association of the Sioux Empire all rights reserved.

Data last updated on 9/10/2026 at 3:09 AM UTC

Powered by Luxury Presence