# 1011 S 2nd Ave, Sioux Falls, SD 57105-0849 > **TL;DR:** 10bd/6ba residential multi family, $675,000 ($116/sqft), built 1971, 5,832 sqft. Est. $3,610/mo. Listed 206 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $675,000 | | Price/sqft | $116 | | Bedrooms | 10 | | Bathrooms | 6 full | | Square Feet | 5,832 | | Year Built | 1971 | | Lot Size | 7,501 sqft (0.17 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 206 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,413 | | Estimated Insurance | $197 | | **Total** | **$3,610** | ## Nearby Schools - **Elementary:** Susan B Anthony ES - **Middle:** Patrick Henry MS - **High:** Lincoln HS ## Property Highlights - Built in 1971 - 0.17 acre lot - 2 stories ## Description ### Agent Description Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential. ## Location - **Address:** 1011 S 2nd Ave, Sioux Falls, SD 57105-0849 - **County:** Minnehaha - **Neighborhood:** Boulevard Addn - **Coordinates:** 43.53622111, -96.72413603 - **Google Maps:** https://www.google.com/maps?q=43.53622111,-96.72413603 ## Listing Agent - **Name:** Kim Hofer - **Brokerage:** Better Homes and Gardens Real Estate Beyond - **Broker Phone:** (605) 413-7522 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1011-S-2nd-Ave_Sioux-Falls_SD_57105_M95295-58019?f=listhub&s=RASESD&m=22602400&c=propsimple) ## Photos ![1011 S 2nd Ave - Photo 1](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f3157352010r.jpg) ![1011 S 2nd Ave - Photo 2](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f791511476r.jpg) ![1011 S 2nd Ave - Photo 3](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f2252914347r.jpg) ![1011 S 2nd Ave - Photo 4](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f2451417037r.jpg) ![1011 S 2nd Ave - Photo 5](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f3427982567r.jpg) ![1011 S 2nd Ave - Photo 6](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f706803780r.jpg) ![1011 S 2nd Ave - Photo 7](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f309235397r.jpg) ![1011 S 2nd Ave - Photo 8](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f1873984730r.jpg) ![1011 S 2nd Ave - Photo 9](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f541140701r.jpg) ![1011 S 2nd Ave - Photo 10](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f4250218154r.jpg) ![1011 S 2nd Ave - Photo 11](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f2157642529r.jpg) --- **MLS#:** 22602400 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-3948c02d1cee447bbb26fc25ecfa431b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-3948c02d1cee447bbb26fc25ecfa431b#listing", "url": "https://www.propertysimple.ai/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-3948c02d1cee447bbb26fc25ecfa431b", "name": "1011 S 2nd Ave, Sioux Falls, SD 57105-0849", "description": "Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. 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