Spacious Duplex in Fantastic Central Sioux Falls Neighborhood! Here is a great opportunity to get in to investment property or to add to your current portfolio. This duplex is fully leased and able to provide instant cash flow. Each unit features 3 beds, 1.5 baths, attached double garages, and separate entrances. All utilities are separated and the tenants are responsible for lawn and snow which means very low expenses for the new owner. This property offers a 9.8% return on investment in it's first year based on the current leases and today's low interest rates. Many updates have recently been made to this great property including new furnaces and half baths in both units; new refrigerator, microwave, oven, and new flooring throughout entire unit in 2903; new refrigerator and flooring in lower level of unit 2901. A quality investment property has been a hard find, especially one that has tenants in place and offers immediate cash flow and this property achieves both!
Off market
$400,300
2901 S Western Ave, Sioux Falls, SD 57105
--beds
1baths
3,080sqft
Duplex
Built in 1974
-- sqft lot
$400,300 Zestimate®
$130/sqft
$1,098 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1.5
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 3,080 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 8,738 sqft
Details
- Parcel number: 42677
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Foundation: Concrete Block
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Sewer: City Sewer
Community & neighborhood
Location
- Region: Sioux Falls
Other
Other facts
- Sale/Rent: For Sale
- Property Subtype: Duplex
- Air Conditioning: Central Electric
- Appliances: Oven/Range, Refrigerator, All Units, Washer, Dryer, Microwave, Other
- Entrance: Private
- Floors: Carpet, Vinyl, Laminate
- Foundation: Block
- Misc Info: Separate Meters, Individual Heat and Air, Pet Restrictions, Individual Water Heater
- Sewer: City Sewer
- Water: City Water
- Heating: Natural Gas, Two or More Units
- Roof: Shingle Composition
- Unit Features: Carpets, Wash/Dry Hookups, Balcony Deck, Finished Basement, Fence Area
- Basement: Full
- Safety Features: Smoke Detector
- Type Tenancy: One Year Lease
- Zoned: RD
- Exterior: Part Brick, Hard Board
- Parking: Garage Attached
- Class: MULTI-FAMILY
- Status: Active - Contingent Misc
- Legal Description: S1/2 Vac St & N 32' Lot 1 Block 12 of Pettigrew and Tates 7th Addition
- Parcel ID #: 42677