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Sold for $317,000 on 04/01/25
  • $317,000

    736 S Summit Ave, Sioux Falls, SD 57104

    --beds
    --baths
    2,834sqft
    Multi Family
    Built in 1916
    -- sqft lot
    $319,500 Zestimate®
    $112/sqft
    $1,037 Estimated rent

    Owner options

    List your home for rent

    $1,037/mo

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    $1,037/mo

    Rent Zestimate®

    Refinance and save

    $1,961/mo

    Est. payment

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    $1,961/mo

    Est. payment

    What's special

    INVESTOR ALERT! This is the perfect property to build your rental portfolio and to manage your own business. Property has been pre-inspected and the current owner repaired everything that was on the target list. You will appreciate the character of the original hardwood floor, wood beamed dining room and French doors to sunrooms. All three bedrooms are upstairs on the same floor. The basement has high ceilings and lots of room to store extra belongings. CAP rate of 7.25% and also would make a great owner occupied property. NO NEED FOR A STORAGE UNIT IN ANOTHER LOCATION!

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 02:26pm

    Listed by:

    Marlys M Fisher,

    AMERI/STAR Real Estate, Inc.

    Bought with:

    Laken A Atwood

    Source: Realtor Association of the Sioux Empire,MLS#: 22500732MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Electric
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet, Concrete, Tile, Vinyl, Wood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,834 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Stories: 2
    • Entry location: Private
    Lot
    • Size: 4,160 sqft
    • Dimensions: 52x80
    Details
    • Parcel number: 38708
    • Zoning: RD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Sioux Falls
    • Subdivision: Lewis Addn

    Other

    Other facts
    • Listing terms: Conventional