INVESTMENT OPPORTUNITY This updated 1.5-story home offers 4 bedrooms, 1 bath, and a great central location near Augustana University, the University of Sioux Falls, Sanford Hospital, and Avera McKennan Hospital. Creating a strong rental demand.
For investors, the numbers are worth a look. Fair Market Rent (FMR) for a 4-bedroom property in the 57105 ZIP code is approximately $1,730/month/ With limited operating expenses beyond property taxes and insurance, this property has the potential to perform near a 10% cap rate depending on actual rents, vacancy, maintenance and other ownership expenses.
Whether you're looking to add another rental to your portfolio or make your first investment purchase, this property offers an attractive combination of price point, bedroom count, location, and income potential.
| Elementary School |
Laura Wilder ES |
| Jr. High School |
Edison MS |
| High School |
Roosevelt HS |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator |
| AREA |
SF-C009 |
| BASEMENT |
Partial, Yes |
| HEAT |
Natural Gas |
| LOT |
4321 sq ft |
| LOT DESCRIPTION |
City Lot |
| LOT DIMENSIONS |
33x131 |
| SEWER |
Public Sewer |
| STYLE |
1.5 Story |
| SUBDIVISION |
University Addn |
| TAXES |
2750.26 |
| WATER |
Public |
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Listed with Hegg, REALTORS®
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.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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