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218 N Summit Ave Avenue
Sioux Falls, SD 57104

$425,000

Baths:
Number of Units: 4
Type: Multi-Unit Residential
Listing # 22603294
Located in the heart of the historic Pettigrew Heights neighborhood, this well-built fourplex offers an exceptional investment opportunity just blocks from downtown Sioux Falls. Featuring four spacious apartments with a strong rental history, this property combines classic character with reliable income potential. Tenants enjoy the convenience of onsite coin-operated laundry, providing both a desirable amenity and additional revenue stream for ownership. The building is non-smoking and equipped with a coded entry system for added security and convenience. Ample off-street parking is available from the rear alley, adding to tenant appeal and functionality. With its prime location near dining, shopping, entertainment, and downtown amenities, this is a rare opportunity to own a solid multi-family asset in one of the city's most sought-after neighborhoods.
Property Features
Location Information
Inside CIty Limits: Yes
County: Minnehaha
MLS Area: SF-N005
Latitude: 43.549249
Longitude: -96.735319
Subdivision: Bennett's 1st Addn
Directions: 10th and Minnesota, W to Summit, N to home.
Interior Features
Heating: Baseboard
Cooling: Electric, Window Unit(s)
Floors: Carpet, Vinyl
Appliances: Refrigerator, Range
Basement Description: Full
Has Basement: Yes
Total Number of Units: 4
Exterior Features
Stories: 2
Construction: HardiPlank Type
Foundation: Poured
Roof: Composition
Water Source: Public
Septic or Sewer: Public Sewer
Parking Description: Paved
Lot Size in Acres: 0.152
Lot Size in Sq. Ft.: 6,600
Parcel Size Dimensions: 44x150
Building Total Area (Sq. Ft.): 3,432
School
School District: Sioux Falls
Elementary School: Hawthorne ES
Middle School: Patrick Henry MS
High School: Lincoln HS
Additional Information
Property Type: RI
Property SubType: Four Plex
Property SubType 2: Four Plex
Year Built: 1975
APN: 25922
Status: Active - Active
Unit Features: Carpets
Owner Pays: Water, Trash Collection, Grounds Care, Snow Removal, Sewer
Days on Market: 0

Listing courtesy of Dana Fisher, Grand Sothebys International Realty

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RASE data last updated at May 11, 2026, 5:27 PM CT

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