213 S Spring Ave Ave Avenue
Sioux Falls, SD 57104
$499,000
Baths:
Number of Units: 5
Type: Multi-Unit Residential
Listing # 22603149
Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset.
Property Features
Inside CIty Limits: Yes
County: Minnehaha
MLS Area: SF-C004
Cross Street: 11th St
Latitude: 43.54544441
Longitude: -96.73309701
Subdivision: Bennetts 1st
Directions: Spring Ave & 10th St, S to home
Heating: Natural Gas
Cooling: Window Unit(s)
Floors: Carpet, Tile, Wood
Appliances: Refrigerator, Range
Basement Description: Full
Has Basement: Yes
Total Number of Units: 5
Stories: 2
Construction: Wood 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: 0.152
Lot Size in Sq. Ft.: 6,599
Parcel Size Dimensions: 44x150
School District: Sioux Falls
Elementary School: Lowell ES
Middle School: George McGovern MS - Sioux Falls
High School: Thomas Jefferson High School
Possession: Negotiable
Property Type: RI
Property SubType: Other
Property SubType 2: Other
Year Built: 1937
APN: 25829
Status: Active - Active
Unit Features: Window Covering, Fence Area, Extra Storage, Unfin Basement, Formal Living Room, Kitchen/Dining Rm, Common Utility Rm, All Units
Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer
Square Feet Source: Public Records
Days on Market: 0
Listing courtesy of Danielle Konechne, Grand Sothebys International Realty
© 2026 REALTOR® Association of the Sioux Empire, Inc.. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Properties marked with the icon of the REALTOR® Association of the Sioux Empire, Inc. are provided courtesy of the REALTOR® Association of the Sioux Empire, Inc., MLS Internet Data Exchange Database. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Information Deemed Reliable but Not Guaranteed.
RASE data last updated at May 5, 2026, 5:27 PM CT
Real Estate IDX Powered by iHomefinder