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PRICE $300,000 BEDS 7 BATHS 3 HOME SIZE 2,248 sqft LOT SIZE 8,652 sqft Request More Info Schedule a Showing

Prime investment opportunity in one of Sioux Falls' most walkable, in-demand pockets "” minutes from USF and Augustana. This triplex offers an ideal house-hack setup: move into the beautifully updated garden-level unit, where a fully remodeled kitchen and bath, quality finishes, and a genuinely comfortable layout make it feel more like a private residence than a rental. The upper 3-bedroom and main-level 2-bedroom units offer real upside for an owner willing to put in some cosmetic sweat equity to push rents toward market. A clean, updated common area houses two coin-op laundry units, adding built-in income on top of rent. Boiler heat serves all three units, each with its own window/wall AC, and tenants cover their own electric "” landlord handles water, sewer, lawn, and snow. MTM leases makes implementing a straightforward RUBS structure to offset even those costs and further strengthen NOI. Outside, the property has been refreshed with new siding, fascia, paint, and landscaping, plus a shed for extra storage. A 0.20-acre lot and off-street parking round out the package. Whether you're an owner-occupant looking to live affordably while building equity, or an investor adding a stabilized triplex with room to grow rents, 1509 S Duluth checks every box.