# 1118 W 8th St, Sioux Falls, SD 57104-2876

> **TL;DR:** residential multi family, $325,000 ($147/sqft), built 1919, 2,204 sqft. Est. $1,408/mo. Listed 27 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $147 |
| Square Feet | 2,204 |
| Year Built | 1919 |
| Lot Size | 6,599 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 27 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Nearby Schools

- **Elementary:** Lowell ES
- **Middle:** George McGovern MS - Sioux Falls
- **High:** Thomas Jefferson High School

## Property Highlights

- Built in 1919
- 0.15 acre lot
- 2 stories

## Description

### Agent Description
CASH FLOW MACHINE! This high-performing 5-Plex is priced at $325K with approximately $3,660/month in gross rental potential-exceeding the 1% Rule. Whether you're an investor chasing strong returns or an owner-occupant looking to offset your mortgage, this one delivers. Each unit offers 1 bed, 1 bath, making it highly attractive for consistent tenant demand and easy leasing. Recent improvements include fresh interior and exterior paint, with most units featuring new flooring, carpet, and updated finishes, giving the property a clean, modern feel tenants are actively looking for. A detached garage adds additional income potential, creating another stream of cash flow. This is a true turnkey opportunity with strong rental upside and minimal immediate maintenance needs. High demand, strong numbers, and above-average returns-opportunities like this don't last. Lock it in before someone else does.

## Location

- **Address:** 1118 W 8th St, Sioux Falls, SD 57104-2876
- **County:** Minnehaha
- **Neighborhood:** Covell's 1st Addn
- **Coordinates:** 43.548808, -96.743809
- **Google Maps:** https://www.google.com/maps?q=43.548808,-96.743809

## Listing Agent

- **Name:** Aiden Schoenhard
- **Brokerage:** Ekholm Team Real Estate
- **Phone:** (605) 360-7506
- **Email:** homesbyaiden@gmail.com

## Primary Photo

![1118 W 8th St - Primary Photo](http://lh.rdcpix.com/79aff1f9261b992a310a2b6ec2487d3fl-f2091620745r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/1118-w-8th-st-sioux-falls-sd-57104-2876-22603143)*

---

**MLS#:** 22603143 | **Updated:** 2026-06-17
**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.com/listing/1118-w-8th-st-sioux-falls-sd-57104-2876-22603143)

---

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