Welcome to your next investment opportunity! This historic six plex is located just minutes away from downtown, making it the perfect location for attracting tenants. With a great rental history & 5-1 bed/1 bath units & a studio unit, you can rest assured that this property will provide a steady stream of income. But that's not all - three of the units have been recently renovated, guaranteeing high demand from potential renters. Laundry is conveniently located in the basement, your tenants will never have to worry about trips to the laundromat again. And let's not forget about parking - something every renter looks for. This property boasts both a detached garage & off street parking options for added convenience. Don't miss out on this incredible investment opportunity! With its prime location, amenities & layout, this six plex is sure to attract quality tenants & provide solid returns year after year. Schedule your showing today before someone else snatches up this gem!
Property Details
Property Features
Property Information:
Year Built: 1878
Stories: 3
Listing Office:
Office Name: Alpine Residential
Listing Agent: Stacy Harmsen
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range
Flooring Type: Carpet, Wood, Vinyl
Exterior Features
Parking Information:
Attached Garage: No
Utilities
Utilities Information:
Heating: Hot Water
Cooling: Window Unit(s)
Other
Directions Information:
Directions: From Minnesota go west on 6th st, south on Summit to property at 7th and Summit
Price Information
Listing Price Info
Price Summary:
List Price: $480,000
Tax Information:
Annual Amount: $4,852
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sioux Falls, SD.
This property is $116.4K more than the Median List Price in Sioux Falls, SD.
Based on homes listed in April 2024
MLS Details
MLS Information:
MLS Number: #22402553
Listing Office:
Office Name: Alpine Residential
Listing Agent: Stacy Harmsen
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Hawthorne Elementary - 56
601 N Spring Ave
Distance between this listing and this school0.29 miles
Public District Grades PK-5
3
/10
Lowell Elementary - 28
710 W 18th St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
9
/10
Challenge Center - 51
2421 W 15th St
Distance between this listing and this school1.32 miles
Public District Grades KG-5
Nearby Schools
1
/10
Middle School Immersion Center - 53
201 N West Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
2
/10
Whittier Middle School - 08
930 E 6th St
Distance between this listing and this school1.00 miles
Public District Grades 6-8
4
/10
Edison Middle School - 06
2101 S West Ave
Distance between this listing and this school1.73 miles
Public District Grades 6-8
Nearby Schools
4
/10
Lincoln High School - 02
2900 S Cliff Ave
Distance between this listing and this school2.50 miles
Public District Grades 9-12
3
/10
Washington High School - 01
501 N Sycamore Ave
Distance between this listing and this school3.16 miles
Public District Grades 9-12
3
/10
Roosevelt High School - 03
6600 W 41st St
Distance between this listing and this school4.35 miles
The neighbors living near this home have an average income of $26,196. Residents of Sioux Falls, SD typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 632 W 7th St in Sioux Falls, SD and zip code 57104 in the Cathedral neighborhood. This home was built in 1878. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $480,000.
The number of listings in Sioux Falls, SD increased by 89.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $363,570, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.