422 Spring AveSioux Falls, SD 57104

For Sale
$1,500,000

18-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional multifamily investment property, located at 422 N Spring Ave in Sioux Falls, South Dakota, presents a rare opportunity to acquire a well-established income-generating asset. The property consists of three buildings totaling 18 units, strategically situated within walking distance of the Cathedral and the vibrant downtown area. Built in 1891, the complex comprises two 5-plex buildings, one 8-plex building, and eight detached garages, providing ample parking for residents. The unit mix includes six one-bedroom, one-bathroom units

Property Details for 422 Spring Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1891
Buildings
3
Stories
2
Units
18

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.551983
Longitude
-96.7325403
422 Spring Ave, Sioux Falls, South Dakota

FAQs

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422 Spring Ave
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