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Tyler Goff

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

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1011 S 2nd Ave , Sioux Falls, SD 57105
$675,000
Est. Payment: $3,391.18/mo
0 Bed
1 Bath
5832 Sqft
Status: active | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Tyler Goff, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Tyler Goff
REALTOR® - TEAM LEADER
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House Description

Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.
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Highlights

Listed by Kim Hofer , 605-212-8799 Better Homes and Gardens Real Estate Beyond , 605-275-4663. REALTOR® Association of the Sioux Empire, Inc. mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1971

County

Minnehaha

 Neighborhood

Boulevard Addn

 School District

Sioux Falls

Listing ID

22602400

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:
Appliances:Refrigerator, Range, Dishwasher
Floor:Carpet,Laminate
Basement:Full
Water:Public

Exterior Features

Lot Dimensions:50x150
Zoning:Other
Roof:Tar/Gravel
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$3,391
Taxes
$430

Home Price

$675,000

Loan Details

30 yrs
6.438%

Down Payment

20%
$135,000
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:
$3,391.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,391.18 $430.31 $0.00 $3,821.49
Yearly $40,694.15 $5,163.75 $0.00 $45,857.90
Total $1,220,824.45 $154,912.50 $0.00 $1,375,736.95

Today's Rates

30 Year

6.44%

20 Year

6.56%

15 Year

5.98%

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Market insight data is pulled from the same city as the listing being viewed (Sioux Falls, 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: 2026-08-24T02:43:27.000Z

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

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