1509 S Duluth Ave
Sioux Falls, SD 57105
$300,000
Baths:
Number of Units:
Type:
Multi-Unit Residential
Listing #
22605828
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.
Property Features
Inside CIty Limits:
Yes
County:
Minnehaha
MLS Area:
SF-60
Cross Street:
22nd St
Latitude:
43.531703
Longitude:
-96.734108
Subdivision:
Park Addition
Directions:
22nd & Minnesota, West to Duluth, then south.
Heating:
Hot Water, Baseboard
Cooling:
Window Unit(s), Other
Floors:
Carpet, Vinyl, Luxury Vinyl Plank
Appliances:
Refrigerator, Range, Washer, Dryer
Basement Description:
Unfinished, Partial
Stories:
2
Construction:
Stucco, Vinyl Siding
Foundation:
Block
Roof:
Composition
Water Source:
Public
Septic or Sewer:
Public Sewer
Security Features:
Gated with Guard, Smoke Detector(s)
Parking Description:
Paved
Lot Size in Acres:
0.199
Lot Size in Sq. Ft.:
8,651
Parcel Size Dimensions:
66x131
School District:
Sioux Falls
Elementary School:
Lowell ES
Middle School:
Patrick Henry MS
High School:
Roosevelt HS
Possession:
Negotiable
Property Type:
RI
Property SubType:
Triplex
Property SubType 2:
Triplex
Year Built:
1880
APN:
41644
Status:
Active - Active
Unit Features:
Balcony Deck, Common Utility Rm
Owner Pays:
Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer,
Tax Amount:
$0
Days on Market:
0
Listing courtesy of Blake Bohner, 605 Real Estate LLC
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RASE data last updated at August 3, 2026, 11:21 AM CT
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