$150,000
$150,000
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4 Beds
2 Baths
1,178 SqFt
SOLD DATE : 02/26/2026
Key Details
Sold Price $150,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $127
Subdivision Bennett'S 1St Addn
MLS Listing ID 22600673
Sold Date 02/26/26
Style 1.5 Story
Bedrooms 4
Three Quarter Bath 2
HOA Y/N No
Year Built 1888
Annual Tax Amount $1,789
Lot Size 6,159 Sqft
Property Sub-Type Single Family
Property Description
Investor/Owner Occupied Opportunity with Strong Upside Near Downtown
Position yourself for both cash flow and long-term appreciation with this versatile property located just minutes from downtown. Surrounded by ongoing redevelopment, neighboring properties are being removed and converted to commercial use—making this a strategic buy for investors with an eye on future commercial land value, while still offering a viable owner-occupied option.
The 4-bedroom, 2-bath home was originally built as a duplex and offers the potential to be converted back, providing multiple exit strategies. The property currently generates $1,000/month in rent, with a tenant who has expressed interest in staying. Market rents in the area support higher income, offering immediate upside for investors or flexibility for an owner-occupant.
Adding to the income potential are two garages: an 18' x 24' double-stall garage and an additional 20' x 40' garage. These spaces present an excellent opportunity for supplemental revenue through garage or storage rentals.
Whether you're looking to house hack, increase rents, reconfigure the property, add auxiliary income streams, or hold for future commercial resale, this property offers flexibility and long-term wealth-building potential.
Sold AS-IS. A compelling option for buyers seeking both current use and future value.
Location
State SD
County Minnehaha
Area Sfn005
Rooms
Basement Crawl Space, Partial
Interior
Interior Features Master Bed Main Level
Hot Water Natural Gas
Heating Central Natural Gas
Cooling Wall Unit
Equipment Electric Oven/Range, Refrigerator
Exterior
Exterior Feature Wood
Parking Features Detached
Garage Spaces 6.0
Roof Type Shingle Composition,Rubber
Building
Lot Description City Lot
Foundation Block, Other
Sewer City Sewer
Water City Water
Schools
Elementary Schools Lowell Es
Middle Schools George Mcgovern Ms - Sioux Falls
High Schools Thomas Jefferson High School
School District Sioux Falls
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Bought with Dynamic Real Estate, LLC
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