Comp Purposes.
Triplex near downtown for sale, great cashflow and under new management. $23,700 a year in rent with a waiting list of renters. One unit kept vacant for showings. Unit 1: 1 bed 1 bath studio. Unit 2: 1 bed 1 bath. Unit 3: 2 bed 1 bath. There is off street parking in the back and a detached single stall garage. Each unit has it's own separate electric meter with their own supplemental heat. There is also a brand new furnace in the basement that helps all the tenants. Brand new roof 2023. All three units have been remodeled within the last year.
Sold for $200,000 on 11/20/25
Zestimate®
$200,000
605 S Spring Ave, Sioux Falls, SD 57104
4beds
1,836sqft
Multi Family
Built in 1890
-- sqft lot
$200,000 Zestimate®
$109/sqft
$1,229 Estimated rent
Home value
$200,000
$190,000 - $210,000
$1,229/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 11:55am
Listed by:
Non Member Agent,
NON-MEMBER AGENCY
Bought with:
JULIE K. KNUTSON, 20211
SoDak Realty, LLC
Source: Northeast South Dakota BOR,MLS#: 98-241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet, Linoleum
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Lot
- Size: 5,662 sqft
Details
- Parcel number: 012220239010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1890
Utilities & green energy
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Sioux Falls
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Sold | $200,000-4.8%$109/sqft |
Source: Northeast South Dakota BOR #98-241 | ||
| 10/7/2025 | Price change | $210,000-2.3%$114/sqft |
Source:  Realtor Association of the Sioux Empire #22507004 | ||
| 9/11/2025 | Listed for sale | $215,000-8.5%$117/sqft |
Source: Realtor Association of the Sioux Empire #22507004 | ||
| 11/15/2024 | Listing removed | $235,000$128/sqft |
Source: Realtor Association of the Sioux Empire #22408361 | ||
| 11/13/2024 | Listed for sale | $235,000$128/sqft |
Source: Realtor Association of the Sioux Empire #22408361 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,213 +8% | $136,300 -3.9% |
| 2023 | $2,050 -20.1% | $141,900 -16.4% |
| 2022 | $2,565 +18.3% | $169,800 +22.4% |
Find assessor info on the county website
Neighborhood: Pettigrew Heights
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary - 28Grades: K-5Distance: 0.3 mi
- 3/10George Mcgovern Middle School -09Grades: 6-8Distance: 4.2 mi
- 6/10Jefferson High School - 67Grades: 9-12Distance: 3.2 mi
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