703 S Dakota Ave
Sioux Falls, SD 57104
$780,000
Baths:
Number of Units:
9
Type:
Multi-Unit Residential
Listing #
22606054
Excellent investment opportunity to acquire a 9-unit apartment building located just blocks from downtown Sioux Falls. The property has been professionally managed for many years and features a desirable unit mix of eight 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Recent improvements include new siding, security doors, and cement, along with several remodeled units.The apartments offer spacious layouts with dining areas off the kitchens, large windows providing natural light, ample closet and storage space, and individual window air conditioning units. The property includes common-area coin operated laundry in the lower level, a 7-stall detached garage, and off-street parking. Conveniently located near shopping, dining, entertainment, schools, this well-maintained property provides strong rental appeal and an excellent opportunity for investors seeking a turnkey asset.
Property Features
Inside CIty Limits:
Yes
County:
Minnehaha
MLS Area:
SF-C005
Cross Street:
14th
Latitude:
43.539323
Longitude:
-96.730134
Subdivision:
Lloyd Addn
Directions:
18th and Dakota North to home
Heating:
Baseboard
Cooling:
Window Unit(s)
Floors:
Carpet, Laminate
Appliances:
Refrigerator, Range
Basement Description:
Full
Has Basement:
Yes
Total Number of Units:
9
Stories:
2
Construction:
HardiPlank Type
Foundation:
Block
Roof:
Composition
Water Source:
Public
Septic or Sewer:
Public Sewer
Parking Description:
Detached
Lot Size in Acres:
0.221
Lot Size in Sq. Ft.:
9,635
Parcel Size Dimensions:
irregular
School District:
Sioux Falls
Elementary School:
Susan B Anthony ES
Middle School:
Patrick Henry MS
High School:
Lincoln HS
Possession:
Negotiable
Property Type:
RI
Property SubType:
Other
Property SubType 2:
Other
Year Built:
1977
APN:
38982
Status:
Active
Unit Features:
Carpets
Owner Pays:
Electricity, Water, Trash Collection, Grounds Care, Snow Removal, Sewer
Tax Amount:
$8,839
Days on Market:
94
Listing courtesy of Amber Ellingsen, Keller Williams Realty Sioux Falls
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RASE data last updated at November 11, 2026, 9:19 AM CT
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