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1820 S Duluth Ave, Sioux Falls, SD, 57105

$499,900

Home List Price

$5,936*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1820 S Duluth Ave, Sioux Falls$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1948
HeatingBaseboard
CoolingWindow Unit(s)
MLS #22401691
StatusActive

About 1820 S Duluth Ave

Don't miss this investment opportunity! This two story six plex is conveniently located near colleges, hospitals, and shopping. Each unit is a one bedroom and one bathroom and has access to coin-operated laundry on site. A 4 stall detached garage with new roof in May 2022 is located next to the building which is currently included in rent. Additional income could be generated by renting them out separately. Tenants pay electricity. Owner currently pays gas, trash, lawn care, snow removal, water & sewer cost. RUBS program just started that bills trash, water and sewer, and gas back to the tenants. This has the potential to create an additional annual cashflow of approximately $4,856 annually. New flooring, paint, and light fixtures as tenants have moved out to update the property and increase rents over the last two years. Renter’s insurance in place for all tenants setting this property up for great future growth!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2

Listing Office:

  • Office Name: Alpine Commerical
  • Listing Agent: Aaron Rietsema

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From 26th & Minnesota, W on 26th St, S on Duluth to building

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900

Tax Information:

  • Annual Amount: $3,543
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sioux Falls, SD.

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Sioux Falls, SD

City

Med. List Price

$361.9K

Med. Price/SqFt

$207

Avg. Days On Market

69

1820 S Duluth Ave vs Sioux Falls

48 DAYS ON ROCKET

-21 Days

$499,900

+$137.9K More

KEY TAKEAWAY

This property is $137.9K more than the Median List Price in Sioux Falls, SD.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #22401691

Listing Office:

  • Office Name: Alpine Commerical
  • Listing Agent: Aaron Rietsema

IDXThe 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 other brokerage firms 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. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,543$180,500
2019$3,267$162,503
2018$3,121$156,050

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2498167
3
/10

  • Lowell Elementary - 28

  • 710 W 18th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-2498168
4
/10

  • Robert Frost Elementary - 18

  • 3101 S 4th Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-2498169
3
/10

  • Laura Wilder Elementary - 31

  • 2300 S Lyndale Ave

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,619. Residents of Sioux Falls, SD typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57105›1820 S Duluth Ave

This home is located at 1820 S Duluth Ave in Sioux Falls, SD and zip code 57105 in the Augustana / USF / Sanford neighborhood. This home was built in 1948. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $499,900.

In March 2024 in Sioux Falls, SD there were 58% more homes for sale than in February 2024. In March 2024 median list price was $361,942 and the average listing age was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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