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Tyler Goff

REALTOR® - TEAM LEADER | Tyler Goff Group | Hegg, REALTORS Inc.

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205 207 N Eastern Ave , Hartford, SD 57033
$965,000
Est. Payment: $5,397.94/mo
2 Bed
1 Bath
14244 Sqft
0.7 Acres
Status: active | Days on site: 1
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Tyler Goff
REALTOR® - TEAM LEADER

House Description

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.

Highlights

Listed by Blake Bohner , 605-251-7944 and Ryan Olson , 605-641-0609 605 Real Estate LLC , 605-759-4294. REALTOR® Association of the Sioux Empire, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.7

Year Built

1972

County

Minnehaha

Neighborhood

McCartys Addn

School District

Sioux Falls

Listing ID

22607700

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
Appliances:Refrigerator, Range
Floor:Carpet,Vinyl
Basement:Full
Water:Public,Community Water

Exterior Features

Lot Dimensions:150 x 198
Roof:Other,Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$5,398
Taxes
$1,217

Home Price

$965,000

Loan Details

30 yrs
7.5%

Down Payment

20%
$193,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,397.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,397.94 $1,217.20 $0.00 $6,615.13
Yearly $64,775.23 $14,606.38 $0.00 $79,381.61
Total $1,943,256.96 $438,191.40 $0.00 $2,381,448.36

Today's Rates

30 Year

7.5%

20 Year

6.56%

15 Year

6.88%

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Market insight data is pulled from the same city as the listing being viewed (Hartford, SD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR® Association of the Sioux Empire, Inc., and is deemed reliable but not guaranteed accurate. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

IDX service by Blueroof 360

Data last updated: 2026-10-08T23:54:03.000Z

© 2026 REALTOR® Association of the Sioux Empire, Inc.

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