16
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$374,900
Est. payment /mo
2,792 SqFt
Price Dropped by $25K
201 N French Ave Sioux Falls, SD 57103
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Key Details
Property Type Multi-Family
Sub Type Four Plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,792 sqft
Price per Sqft $134
Subdivision No Subdivision
MLS Listing ID 22600487
Year Built 1915
Lot Size 4,081 Sqft
Property Sub-Type Four Plex
Property Description
This 4-plex offers a mix of two 1-bed/1-bath and two 3-bed/1-bath units, broadening tenant appeal and reducing turnover risk. Three units are already renovated, with the fourth in progress, meaning much of the capital work is already done. At a reduced price, this is a well-positioned value-add opportunity for investors looking to scale their multifamily portfolio in Sioux Falls.
This mixed unit configuration offers ownership flexibility to hold for cash flow or build on renovation momentum, making it an efficient way to scale a multifamily portfolio at a reduced price.
This mixed unit configuration offers ownership flexibility to hold for cash flow or build on renovation momentum, making it an efficient way to scale a multifamily portfolio at a reduced price.
Location
State SD
County Minnehaha
Area Sf60
Rooms
Basement Full
Interior
Heating Forced Air
Flooring Carpet, Vinyl
Exterior
Exterior Feature Stucco/Drivit
Roof Type Shingle Composition
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Terry Redlin Es
Middle Schools Whittier Ms
High Schools Lincoln Hs
School District Sioux Falls
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LIsted by Gateway Real Estate Advisors • Daniel Stillson
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