Rare opportunity in Sioux Falls! This versatile property offers the flexibility to function as a duplex or a single-family home, making it an excellent option for owner-occupants, multi-generational living, or buyers looking to offset their housing costs with rental income. The main living area features 2 bedrooms and 1 bathroom, while the separate upper-level living space offers 1 bedroom and 1 bathroom. The layout allows the spaces to remain separate or be converted into one larger residence. Situated on an extra-large lot in a convenient central location, the property offers plenty of room for outdoor enjoyment, additional parking, gardening, future expansion, or other possibilities. The home is a moderate fixer with excellent value-add and equity-building potential for a buyer willing to make updates over time. Additional features include an attached garage stall and an unfinished basement providing storage and potential for future expansion. Conveniently located near downtown, schools, parks, shopping, and everyday amenities, this flexible property offers a rare combination of location, lot size, and potential.