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Tyler Goff

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

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1509 S Duluth Ave , Sioux Falls, SD 57105
$300,000
Est. Payment: $1,507.19/mo
2 Bed
1 Bath
2248 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Tyler Goff
REALTOR® - TEAM LEADER

House Description

Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets — minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and main-level 2-bedroom units offer real upside for an owner willing to put in some cosmetic sweat equity to push rents toward market. A clean, updated common area houses two coin-op laundry units, adding built-in income on top of rent. Boiler heat serves all three units, each with its own window/wall AC, and tenants cover their own electric — landlord handles water, sewer, lawn, and snow. MTM leases makes implementing a straightforward RUBS structure to offset even those costs and further strengthen NOI. Outside, the property has been refreshed with new siding, fascia, paint, and landscaping, plus a shed for extra storage. A 0.20-acre lot and off-street parking round out the package. Whether you're an owner-occupant looking to live affordably while building equity, or an investor adding a stabilized triplex with room to grow rents, 1509 S Duluth checks every box.

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
0.2

Year Built

1880

County

Minnehaha

Neighborhood

Park Addition

School District

Sioux Falls

Listing ID

22605828

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:
Appliances:Refrigerator, Range, Washer, Dryer
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl,Luxury Vinyl Plank
Basement:Unfinished,Partial
Water:Public

Exterior Features

Lot Dimensions:66x131
Roof:Composition
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$1,507
Taxes
$191

Home Price

$300,000

Loan Details

30 yrs
6.438%

Down Payment

20%
$60,000
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:
$1,507.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,507.19 $191.25 $0.00 $1,698.44
Yearly $18,086.29 $2,295.00 $0.00 $20,381.29
Total $542,588.64 $68,850.00 $0.00 $611,438.64

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: 2026-08-24T03:15:51.000Z

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

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