Don't miss this investment opportunity! This two story five plex is conveniently located near colleges, hospitals, and downtown Sioux Falls. Additional income could be generated by installing coin operated laundry. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program could be installed to bill back tenants for trash, water and sewer, and gas for additional income. New flooring, paint, and light fixtures have been installed as tenants have moved out to update the property and increase rents over the last two years. Renter’s insurance in place for all tenants setting this property up for great future growth!
Active
Price increase: $70K (3/25)
$369,900
925 W 12th St, Sioux Falls, SD 57104
--beds
0baths
2,818sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
Light fixturesNew flooring
- 32 days
- on Zillow |
- 247 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 12:52pm
Listed by:
Jackson Dorhout,
Alpine Commerical
Source: Realtor Association of the Sioux Empire,MLS#: 22501958

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Two or More Units, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer, Community Water Heater
Features
- Flooring: Carpet, Tile, Laminate, Carpets
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 2,818 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Entry location: Other
Lot
- Size: 5,000 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 31421
- Zoning: Not Verified
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone/Stone Veneer
- Foundation: Block
- Roof: Shingle Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Folsom Addn
Location
- Region: Sioux Falls
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $217,300
- Annual tax amount: $4,031
- Price range: $369.9K - $369.9K
- Date on market: 3/25/2025
- Lease term: 12 Months
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