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For sale
  • Price cut: $15K (1/2)
    $349,900

    227 N Spring Ave, Sioux Falls, SD 57104

    --beds
    --baths
    1,966sqft
    : 
    Multi Family
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Classic curb appealOriginal hardwood floorsWell-maintained landscapingHistoric charmDistinctive architectural style
    Historic Charm Meets Modern Living – Step into timeless elegance with this beautifully maintained triplex nestled in the heart of Sioux Falls. This classic property seamlessly blends historic character with modern updates, offering a unique investment or multi-family living opportunity in one of the city's most vibrant neighborhoods. Featuring a distinctive architectural style, each unit showcases original hardwood floors, thoughtfully preserved to retain their rich, natural warmth. Spacious living areas are bathed in natural light, creating inviting spaces perfect for both everyday living and entertaining guests. The kitchens in each unit have been updated with contemporary finishes and essential appliances, providing both style and function. Designed for privacy and comfort, each of the three units provides generous living quarters with a layout that maximizes space while fostering a sense of community. The exterior of the property features well-maintained landscaping and classic curb appeal. Situated in a prime location, residents enjoy close proximity to local parks, dining, shopping, and public transportation. Whether you're looking to invest or live in a piece of Sioux Falls history, this triplex offers the perfect balance of character, comfort, and convenience. Don't miss this opportunity to own a charming, income-producing property in the heart of the city.
    52 days
    |
    590
    |
    27
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 02, 2026 at 06:35am

    Listed by:

    Jim F Koch 605-929-5010,

    eXp Realty - SF Allen Team,

    Tara L Allen,

    eXp Realty - Sioux Falls

    Source: Realtor Association of the Sioux Empire,MLS#: 22600018MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Heating
    • Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Flooring: Laminate, Wood
    Interior area
    • Total structure area: 1,966
    • Total interior livable area: 1,966 sqft

    Property

    Parking
    • Parking features: Detached
    Features
    • Stories: 2
    • Entry location: Other
    Lot
    • Size: 3,693.89 Square Feet
    • Dimensions: 44X84
    Details
    • Parcel number: 25869

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • HardiPlank Type, Stucco
    • Foundation: Block
    • Roof: Composition
    Condition
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Bennett's 1st Addn
    Location
    • Region: Sioux Falls

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $182,700
    • Annual tax amount: $2,966
    • Date on market: 1/2/2026
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/2/2026Price change$349,900-4.1%$178/sqft
    Source: Realtor Association of the Sioux Empire #22600018 Report a problem
    9/19/2025Listed for sale$364,900-2.7%$186/sqft
    Source: Realtor Association of the Sioux Empire #22507251 Report a problem
    9/18/2025Listing removed$374,900$191/sqft
    Source: Realtor Association of the Sioux Empire #22504940 Report a problem
    6/27/2025Listed for sale$374,900$191/sqft
    Source: Realtor Association of the Sioux Empire #22504940 Report a problem
    6/26/2025Listing removed$374,900$191/sqft
    Source: Realtor Association of the Sioux Empire #22503203 Report a problem
    6/9/2025Price change$374,900-3.9%$191/sqft
    Source: Realtor Association of the Sioux Empire #22503203 Report a problem
    5/1/2025Listed for sale$390,000+15.7%$198/sqft
    Source: Realtor Association of the Sioux Empire #22503203 Report a problem
    10/30/2023Listing removed--
    Source: Realtor Association of the Sioux Empire #22300416 Report a problem
    5/5/2023Sold$337,000-3.7%$171/sqft
    Source: Public Record Report a problem
    1/27/2023Listed for sale$349,900-12.5%$178/sqft
    Source: Realtor Association of the Sioux Empire #22300416 Report a problem
    12/19/2022Listing removed--
    Source: Realtor Association of the Sioux Empire #22205015 Report a problem
    8/12/2022Listed for sale$400,000+48.1%$203/sqft
    Source: Realtor Association of the Sioux Empire #22205015 Report a problem
    9/8/2021Listing removed--
    Source: Realtor Association of the Sioux Empire #22102987 Report a problem
    6/2/2021Listed for sale$270,000+93%$137/sqft
    Source: Realtor Association of the Sioux Empire #22102987 Report a problem
    4/22/2016Listing removed$139,900$71/sqft
    Source: Preferred Real Estate, LLC #21504001 Report a problem
    9/29/2015Listed for sale$139,900+21.4%$71/sqft
    Source: Preferred Real Estate, LLC #21504001 Report a problem
    3/1/2013Sold$115,250-3.9%$59/sqft
    Source: Realtor Association of the Sioux Empire #21207524 Report a problem
    12/22/2012Listed for sale$119,900-12.8%$61/sqft
    Source: RE/MAX Professionals Inc. #21207524 Report a problem
    10/2/2012Listing removed$137,500$70/sqft
    Source: RE/MAX PROFESSIONALS INC #21203480 Report a problem
    6/2/2012Listed for sale$137,500$70/sqft
    Source: RE/MAX Professionals, Inc. #21203480 Report a problem
    3/2/2012Listing removed$137,500$70/sqft
    Source: RE/MAX PROFESSIONALS INC #21200589 Report a problem
    2/4/2012Listed for sale$137,500$70/sqft
    Source: RE/MAX Professionals, Inc. #21200589 Report a problem
    6/18/2011Listing removed$137,500$70/sqft
    Source: RE/MAX PROFESSIONALS INC #21101336 Report a problem
    3/13/2011Listed for sale$137,500$70/sqft
    Source: RE/MAX Professionals, Inc. #21101336 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,966 -0.9%$182,700 +7.4%
    2023$2,993 +7%$170,100 +13.3%
    2022$2,797 -1.5%$150,100 +0.7%
    2021$2,839 -13.5%$149,100 +9.4%
    2020$3,281 +18.8%$136,300 -7.2%
    2018$2,762 -3.9%$146,878 +4.6%
    2017$2,874 +4.1%$140,354 +0.6%
    2016$2,762 -0.4%$139,530 +5.9%
    2015$2,773 +12.1%$131,814
    2014$2,473 +4.6%$131,814 +1.1%
    2013$2,364 $130,322
    2012$2,364 $130,322
    2011-- $130,322
    2010-- $130,322
    2009$2,238 $130,322
    2008-- $130,322 +3.7%
    2007-- $125,700

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,139/mo
    Principal & interest
    $1804
    Property taxes
    $335

      Climate risks

      Neighborhood: Axtell Park

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Hawthorne ES
      • Middle: McGregor Middle School
      • High: Thomas Jefferson High School
      • District: Sioux Falls

      Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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