519 Duluth AveSioux Falls, SD 57104

This exceptional six-unit apartment building, located at 519 S Duluth Ave, Sioux Falls, SD 57104, presents a compelling investment opportunity. Boasting a total of 2,820 square feet on a 7,501 square foot lot, the property features nine bedrooms and six bathrooms spread across its six units. The asking price is $460,000, translating to a price per unit of $76,667 and a price per square foot of $163.12. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $28,497, resulting in an attractive 6.2% capitalization rate. This multifamily investment offers a solid return on investment in a desirable Sioux Falls location within Minnehaha County. The property's size and unit configuration make it an ideal addition to any investment portfolio, promising consistent rental income and potential for future appreciation. This is a turnkey opportunity for investors seeking a well-maintained, high-performing asset in a thriving market. Detailed financial statements are available upon request.