3505 S Hawthorne Ave Avenue
Sioux Falls, SD 57105
$760,000
Baths:
Number of Units: 8
Type: Multi-Unit Residential
Listing # 22603283
Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns. A solid addition to any investment portfolio with dependable cash flow and value-add potential. Don't miss your chance to own this income-producing multifamily property--schedule your showing or request financial details today!
Property Features
Inside CIty Limits: Yes
County: Minnehaha
MLS Area: SF-C016
Cross Street: W 42nd St
Latitude: 43.513095
Longitude: -96.74896
Subdivision: Miller's Subd
Directions: From Western and & 41st St, E on 41st, S on Hawthorne Ave to building.
Heating: Hot Water
Cooling: Other
Floors: Carpet, Vinyl, Laminate
Appliances: Refrigerator, Range
Basement Description: Partial
Has Basement: Yes
Total Number of Units: 8
Stories: 2
Construction: Other
Foundation: Poured
Roof: Other
Water Source: Public
Septic or Sewer: Public Sewer
Security Features: Gated with Guard, Security Lights, Smoke Detector(s)
Parking Description: Detached
Lot Size in Acres: 0.474
Lot Size in Sq. Ft.: 20,638
Parcel Size Dimensions: 127x162
Zoning: Other
School District: Sioux Falls
Elementary School: Laura Wilder ES
Middle School: Edison MS
High School: Roosevelt HS
Possession: Negotiable
Property Type: RI
Property SubType: Eight Plex
Property SubType 2: Eight Plex
Year Built: 1973
APN: 26368
Status: Active - Active
Unit Features: Carpets, Window Covering, Family Room, Kitchen/Dining Rm, Inside Utlility Rm, Common Utility Rm, Some Units
Owner Pays: Gas, Other
Days on Market: 1
Listing courtesy of Jackson Dorhout, Alpine Residential
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RASE data last updated at May 9, 2026, 5:29 PM CT
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