605 S SPRING AVENUE, Sioux Falls, SD 57104

$200,000
Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 1,836 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $200,000 List Date: 11/28/2025 Last Modified: 1/31/2026

Overview

Description

Comp Purposes. Triplex near downtown for sale, great cashflow and under new management. $23,700 a year in rent with a waiting list of renters. One unit kept vacant for showings. Unit 1: 1 bed 1 bath studio. Unit 2: 1 bed 1 bath. Unit 3: 2 bed 1 bath. There is off street parking in the back and a detached single stall garage. Each unit has it's own separate electric meter with their own supplemental heat. There is also a brand new furnace in the basement that helps all the tenants. Brand new roof 2023. All three units have been remodeled within the last year.

Listing Details MLS# 98-241

Contract Information

Book Section
Multi Family
Record Number
012220239010000
Begin Date
2025-09-11
Financing
Conv
City/Rural
City

General Property Description

Style
2 Story
Realtor.COM Type
Multi-Family
Above Grade Sq. Ft
1224
Total SqFt.
1836
Year Built
1890
Acres
0.13
Total Bedrooms
4
Total Bathrooms
3
Baths - Full
3
Garage Type
Detached
# Garage Stalls
Yes
Waterfront Y/N
No
Lake Name
None
Basement
Full

Remarks

Public Remarks
Comp Purposes. Triplex near downtown for sale, great cashflow and under new management. $23,700 a year in rent with a waiting list of renters. One unit kept vacant for showings. Unit 1: 1 bed 1 bath studio. Unit 2: 1 bed 1 bath. Unit 3: 2 bed 1 bath. There is off street parking in the back and a detached single stall garage. Each unit has it's own separate electric meter with their own supplemental heat. There is also a brand new furnace in the basement that helps all the tenants. Brand new roof 2023. All three units have been remodeled within the last year.

Location Tax and Other Information

House Number
605
Street Direction Pfx
S
Street Name
SPRING
Street Suffix
AVENUE
State/Province
SD
Postal Code
57104
County
Minnehaha

Status Change Info

Status Change Date
2025-11-28
Under Contract Date
2025-10-17
Sold Date
2025-11-20
Selling Concessions
No

More Information

Utilities

Air
Window
Fuel
Gas
Heat 1
Forced Air
Water
Public
Sewer
Yes

Location, Tax and Other Information

Legal
E 115' LOT 13 (EX N 2') BLOCK 4 GRIGSBY'S ADDN TO CITY OF SIOUX FALLS

Miscellaneous

Curb & Gutter
Yes

Roof

Asphalt
Yes

Floor

Carpet
Yes
Linoleum
Yes

Siding

Vinyl
Yes

Trim

Wood
Yes

Wall

Plaster
Yes
Sheet Rock
Yes

Appliances

Refrigerator
Yes
Stove
Yes

Property Features

Miscellaneous: Curb & Gutter Roof: Asphalt Wall: Plaster; Sheet Rock Trim: Wood Siding: Vinyl Floor: Carpet; Linoleum Utilities: Sewer Appliances: Refrigerator; Stove
Listing Office: NON-MEMBER AGENCY
Last Updated: January - 31 - 2026
Information deemed reliable but not guaranteed.