Welcome to 109 N Wayland Ave, Sioux Falls, SD
Discover an exceptional investment opportunity in the heart of Sioux Falls with this well-maintained fully rented 5-plex. The units consist of 4 studio 1 bath apartments and one 1 bed and a 1 bathroom unit, perfect for singles or couples seeking comfort and convenience.
Property Highlights:
-New furnace and AC in 2023
-Income Potential: Benefit from a 7% Cap Rate, ensuring a reliable and steady income stream.
-Newly Renovated Units in 2022- FULLY occupied!
- New AC and Furnace in 2023
-Prime Location: Nestled in a convenient neighborhood, residents will enjoy easy access to shopping, parks, and the vibrant downtown area.
-Parking & Storage: Ample off-street parking for tenants, complemented by a detached 2-stall garage that offers additional convenience and potential for extra income.
This 5-plex is a rare find and a golden opportunity for savvy investors. Don’t miss out on owning a valuable piece of real estate in Sioux Falls!
Sold for $440,000 on 01/13/25
$440,000
109 N Wayland Ave, Sioux Falls, SD 57103
--beds
--baths
2,100sqft
Multi Family
Built in 1934
-- sqft lot
$446,000 Zestimate®
$210/sqft
$1,750 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 12:03pm
Listed by:
Greg T Doohen,
Keller Williams Realty Sioux Falls,
Mark C Bartels,
Keller Williams Realty Sioux Falls
Bought with:
Beau R Carpenter
Source: Realtor Association of the Sioux Empire,MLS#: 22404927

Facts & features
Interior
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Basement: Full
Interior area
- Total interior livable area: 2,100 sqft
Property
Parking
- Parking features: Detached
Features
- Stories: 2
- Entry location: Community
Lot
- Size: 4,970 sqft
- Dimensions: .12
Details
- Parcel number: 30298
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1934
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Sioux Falls
- Subdivision: East Sioux Falls Addn
Other
Other facts
- Listing terms: Conventional