925 W 12th St
Sioux Falls, SD 57104
$349,900
Number of Units:
Type: Multi-Unit Residential
Listing # 22501958
Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been installed as tenants have moved out to update the property and increase rents over the last two years. Renter's insurance in place for all tenants setting this property up for great future growth!
Property Features
County: Minnehaha
MLS Area: SF-C004
Cross Street: Walts Ave
Latitude: 43.543238
Longitude: -96.739649
Subdivision: Folsom Addn
Directions: S Grange Ave to W 12th St, E to 5 plex
Heating: Two or More Units, Natural Gas
Cooling: Window Unit
Floors: Carpet, Tile, Laminate
Appliances: Refrigerator, Oven/Range, Washer, Dryer
Basement Description: Full
Stories: 2
Exterior: Stone/Stone Veneer
Foundation: Block
Roof: Shingle Composition
Possession: Other
Septic or Sewer: City Sewer
Water: City Water
Utility Included in Rent: Gas, Water, Trash Collection, Lawn Service, Snow Removal, Sewer
Parking Description: Paved Area
Lot Size in Acres: 0.115
Lot Size in Sq. Ft.: 5,000
Zoning: Not Verified
School District: Sioux Falls
Elementary School: Lowell ES
Middle School: George McGovern MS - Sioux Falls
High School: Thomas Jefferson High School
Property Type: RI
Property SubType: Other
Type Tenancy: One Year Lease
Year Built: 1920
APN: 31421
Status: Active
Unit Features: Carpets
Listing courtesy of Jackson Dorhout, Alpine Commerical 605-212-5101
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RASE data last updated at July 15, 2025, 6:02 AM CT
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