Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
1,836 sqft

$232,000

605 S Spring Ave, Sioux Falls SD, 57104

Price per sqft$126.36
Built in1890
Property size1,836 sqft
Property typeMulti-family
Listed by Callie Wockenfuss with Real Estate Retrievers of Sioux Falls Listing Contact: Cell: 605-864-0355

Overview

Active

Listed Sep 28, 2026

Updated 10 days ago

Investment opportunity near downtown Sioux Falls! This updated triplex offers great cash-flow potential with three separate units and several recent improvements. Unit 1 features a 1-bedroom, 1-bath studio-style layout. Unit 2 offers 1 bedroom and 1 bath and was recently refreshed with all-new flooring and additional updates. Unit 3 is the largest of the three, featuring 2 bedrooms and 1 bath. All three units have been updated, making this property an attractive addition to an investment portfolio. Each unit has its own separate electric meter and supplemental heat, while a brand-new furnace located in the basement provides additional heat throughout the property. A new roof was installed in 2023, providing another important recent improvement. Tenants will appreciate the off-street parking located at the rear of the property. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, entertainment, employment and other amenities. Whether you're looking to expand an existing rental portfolio or enter the investment property market, this triplex offers three income-producing units in one convenient location.

$1,544/mo

Est. mortgage payment based on a $232,000 home price.

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

Additional information

MLS® ID
22607506

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$2,418
Tax Frequency
Annually
MLS provider logo

Listed by Callie Wockenfuss with Real Estate Retrievers of Sioux Falls Listing Contact: Cell: 605-864-0355 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 10/11/2026. 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 10/11/2026 at 3:29 AM UTC

Powered by Luxury Presence