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  • $4,600,000

    901-909 N Cleveland Ave #776F18CCB, Sioux Falls, SD 57103

    --beds
    0baths
    54,636sqft
    : 
    Multi Family
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $84/sqft
    $-- HOA

    What's special

    Functional and spacious layout
    North Cleveland Apartments is a 48-unit multifamily opportunity located in a desirable Northeast Sioux Falls neighborhood, at 901 and 909 N Cleveland Ave. Built in 1993, the property includes two well-constructed buildings situated on two separately parceled 1.38-acre lots. The asset features approximately 48,000 square feet of rentable space across a mix of one-, two-, and three-bedroom units—designed to support long-term rental demand and consistent occupancy. Each unit offers a functional and spacious layout ranging from 635 to 1,043 square feet. Community amenities include 24 detached garage stalls and ample off-street surface parking—providing residents with an average of over 1.8 parking space per unit. Located near scenic creek views and just minutes from I-229, North Cleveland offers convenient access to schools like Anne Sullivan Elementary, shopping at Dawley Farm Village, parks such as Kenny Anderson Park, and major employers. With solid construction and a well-maintained infrastructure, North Cleveland stands as a reliable performer in a market defined by limited Class B/C supply and strong demand for mid-market rentals. This well-located, income-producing asset presents an excellent opportunity for steady cash flow and long-term value in Sioux Falls’ thriving rental landscape.
    18 days
    on Zillow
    |
    296
    |
    12
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    Zillow last checked: 7 hours ago

    Listing updated: April 12, 2025 at 01:45pm

    Listed by:

    Brad Stearns,

    605 Real Estate LLC,

    Ryan Olson,

    605 Real Estate LLC

    Source: Realtor Association of the Sioux Empire,MLS#: 22502479MLS Logo
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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 901-909 N Cleveland Ave #776F18CCB.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Refrigerator, Dishwasher
    Features
    • Flooring: Carpet, Vinyl, Carpets
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 54,636
    • Total interior livable area: 54,636 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Detached
    • Has garage: Yes
    Features
    • Stories: 3
    • Entry location: Community
    Lot
    • Size: 2.75 Acres
    Details
    • Parcel number: 061072

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Part Brick, Metal/Vinyl
    • Foundation: Concrete Perimeter
    • Roof: Shingle Composition
    Condition
    • Year built: 1993

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Savage Tracts
    Location
    • Region: Sioux Falls

    Financial & listing details

    • Price per square foot: $84/sqft
    • Price range: $4.6M - $4.6M
    • Date on market: 4/8/2025
    • Lease term: Negotiable
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