Park Addition Homes under $300,000

Welcome to Park Addition, a charming subdivision nestled in the heart of Sioux Falls, South Dakota. Known for its friendly atmosphere and community spirit, Park Addition offers an ideal setting for families, young professionals, and anyone looking to embrace the vibrant lifestyle of this growing city.

One of the standout features of Park Addition is its affordability. With a variety of homes available for under $300,000, this subdivision makes it easy for first-time homebuyers and those looking to downsize to find their perfect haven without breaking the bank. These homes often boast spacious layouts, inviting yards, and the potential for personalization, making them a wonderful canvas for your dreams.

Residents of Park Addition enjoy easy access to a multitude of amenities, including parks, schools, and shopping centers, all within a short drive or a leisurely stroll. The neighborhood is well-connected to the city’s main thoroughfares, ensuring that you’re never far from the action.

Whether you’re looking to enjoy a weekend picnic at the nearby park or explore the vibrant local dining scene, Park Addition provides the perfect blend of suburban tranquility and urban convenience. With its affordable housing options and welcoming community, it’s no wonder that Park Addition is becoming one of Sioux Falls’ most sought-after neighborhoods. Discover your dream home here and start creating lasting memories in this delightful community!

Newest Park Addition Homes under $300,000

Courtesy of Drew Gohl from Hegg, REALTORS. OFFICE: 605-336-2100

$259,900

3 Beds ⋅ 2 Baths ⋅ 22607614 MLS

So many updates in this ranch home in central Sioux Falls! 3 bedrooms (plus a non-legal bedroom downstairs), and 2 baths. Oversized 2-stall garage (23x27), extra parking pad, and nice deck. Bright and open living and dining areas. Tall ceilings. Brick fireplace and coffered ceiling in living room. Large family room in basement. Spacious feel and good storage. Vinyl siding and windows. Many recent updates, including new flooring throughout, new paint, new lighting, new electrical panel. Bathrooms have been remodeled. Convenient to shopping, eating, parks, schools, Augustana, USF, hospitals, and walking to downtown. Over 1600 square feet. This one is worth seeing either as a personal home or investment property!

600 W 22nd St, Sioux Falls

Courtesy of Beau Carpenter from Hegg, REALTORS. OFFICE: 605-336-2100

$229,900

4 Beds ⋅ 1 Baths ⋅ 22607025 MLS

Move-in ready and freshly updated! This charming 4-bedroom, 1-bath home has been refreshed from top to bottom with new paint throughout, new carpet, and beautifully refinished hardwood floors. The kitchen features stainless steel appliances, while the large back deck provides a great space for relaxing, entertaining, or enjoying the outdoors. A single-stall garage adds convenient off-street parking and storage. Ideally located close to shopping, Augustana University, the University of Sioux Falls, Avera and Sanford medical campuses, this home offers both comfort and convenience. A great opportunity for a first-time buyer, investor, or anyone looking for an updated home in a convenient location!

1521 S Spring Ave, Sioux Falls

Courtesy of Joe Johnson from Keller Williams Realty Sioux Falls.

$242,900

3 Beds ⋅ 2 Baths ⋅ 22605904 MLS

Charming and well-maintained 1.5 story home in central Sioux Falls. A must-see for buyers looking for a mix of historical quality, prime location, and thoughtful updates. Enter through the cozy three-seasons porch to the living room and dining room with original built-in cabinets and woodwork, as well as original hardwood floors. New Hunter Douglas - Duette Honeycomb Blinds with up/down feature throughout the main floor(~$4,500 in 2018). Beautifully updated main floor bathroom(~$30,000 in 2024) with new plumbing and custom Blue River Labradorite countertops. Upstairs is the large primary bedroom with a huge walk in closet, lots of storage space, and five big windows that allow for an abundance of natural light. The basement has a large family room equipped with a bar, new gas fireplace with stone surround(~$5,000 in 2018), and a half bathroom. New composite deck(~$17,000 in 2016) makes for a comfortable outdoor living space with a mature birch tree providing shade for the large, fully fenced, and private backyard.

1408 S Summit Ave, Sioux Falls

Courtesy of Blake Bohner from 605 Real Estate LLC.

$300,000

22605828 MLS

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.

1509 S Duluth Ave, Sioux Falls

Courtesy of Chad Hettermann from Foundation Real Estate. chad@foundationrealestatesd.com

$189,000

2 Beds ⋅ 1 Baths ⋅ 22604970 MLS

Very nice home in central Sioux Falls located right across the street from the University of Sioux Falls and very close to Sanford. This property has been used as a rental with good return and perfect for any first-time investors looking to start up with an updated property in a great location. Tons of updates in the last 7-10 years including new shingles, new windows, updated electrical service panel, and water heater. Two bedrooms on main floor with non-legal 3rd downstairs. Lower level has painted floors and ceiling, sheet rocked and painted walls and new wiring with a large family room. Original hardwood floors on main level. Single stall garage. Sold As-is.

816 22nd St, Sioux Falls

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