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1118 W 8th St, Sioux Falls, SD 57104 (MLS # 22603143)

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PRICE $325,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,204 sqft
LOT SIZE 6,600 sqft

CASH FLOW MACHINE! This high-performing 5-Plex is priced at $325K with approximately $3,660/month in gross rental potential"”exceeding the 1% Rule. Whether you're an investor chasing strong returns or an owner-occupant looking to offset your mortgage, this one delivers. Each unit offers 1 bed, 1 bath, making it highly attractive for consistent tenant demand and easy leasing. Recent improvements include fresh interior and exterior paint, with most units featuring new flooring, carpet, and updated finishes, giving the property a clean, modern feel tenants are actively looking for. A detached garage adds additional income potential, creating another stream of cash flow. This is a true turnkey opportunity with strong rental upside and minimal immediate maintenance needs. High demand, strong numbers, and above-average returns"”opportunities like this don't last. Lock it in before someone else does.


SCHOOLS
Elementary School Lowell ES
Jr. High School George McGovern MS - Sioux Falls
High School Thomas Jefferson High School


ADDITIONAL DETAILS
AREA SF-N005
BASEMENT Full, Yes
LOT 6599 sq ft
LOT DIMENSIONS 46 x 132
PARKING Detached
SEWER Public Sewer
STORIES 2
SUBDIVISION Covell's 1st Addn
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Ekholm Team Real Estate

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 brokerage firms other than Dynamic Realty 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.

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.

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This IDX solution is (c) Diverse Solutions 2026.