1509 S Duluth Ave, Sioux Falls, SD 57105
- $300,000
- 2,248
- SqFt
- List Price
- $300,000
- MLS#
- 22605828
- Living Area
- 2,248
- Lot Size
- 8,651
Property Description
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.
Additional Information
- School District
- SiouxFalls
- Middle School
- Patrick Henry MS
- High School
- Roosevelt HS
- Elementary School
- Lowell ES
- Acres
- 0.20
- Appliances
- Dryer, Range, Refrigerator, Washer
- Basement
- Unfinished, Partial
- Foundation
- Block
- Heating
- Hot Water, Baseboard
- Living Area
- 2,248
- Lot Size
- 8,651
- Possession
- Negotiable
- Roof
- Composition
- Sewer
- Public Sewer
- Stories
- 2
- Subdivision
- Park Addition
- Water
- Public
- Year Built
- 1880
Courtesy of Blake Bohner from 605 Real Estate LLC.
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