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412 S Thompson Ave, Sioux Falls, SD 57103 (MLS # 22606055)

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PRICE $550,000 dsIDX morgage calculator
BEDS 11
BATHS 6
HOME SIZE 5,376 sqft
LOT SIZE 10,015 sqft

Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. The property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a well-balanced unit mix with strong rental demand. Common area coin opereated laundry. Updates include boiler, HVAC and concrete. This well-maintained asset provides a turnkey investment opportunity with a proven occupancy history. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, schools, medical facilities, and I-229, this property is an excellent addition to any investment portfolio.


SCHOOLS
Elementary School Cleveland ES
Jr. High School Ben REifel Middle School
High School Washington HS


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Range, Refrigerator
AREA SF-E005
BASEMENT Full, Yes
CONSTRUCTION Brick Veneer
HEAT Baseboard
LOT 10014 sq ft
LOT DIMENSIONS irregular
PARKING Detached
SEWER Public Sewer
STORIES 3
SUBDIVISION Lyon Homesite Addn
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Realty Sioux Falls

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.