About This Home

This 3-bedroom, 2-bathroom single family at 1501 S Ellis Rd in Sioux Falls, SD is listed for $424,900 ($342 per sqft). Built in 1950, the home offers 1,242 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1950
  • 1.00 acre lot

Property Details

2 full
2-car garage
1950

Amenities

A/C
Listing Description

Investment Opportunity: Currently zoned Agriculture, with reported potential to rezone to Commercial for up to a 24-unit apartment building. Property is within the Sioux Falls/Minnnehaha County Joint Jurisdiction boundary. Set on an amazing 1-acre lot in town, this 3 bed, 2 bath home offers space, flexibility, and investment potential all in one place.

The main level has been nicely updated throughout the years and provides all the living space you need for comfortable everyday living. The basement offers an additional 1,200 square feet of unfinished space - perfect to finish for extra bedrooms and a bath, or keep as a large family room. With a full acre, the possibilities are endless - room to add a large shop for the car enthusiast, extra storage, outdoor living, and more.

Monthly Cost Estimate

$2,272/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,841
Insurance$124

Estimates only. Actual payments may vary.

Location

1501 S Ellis Rd

Sioux Falls, SD 57106

Wayne Township

Features & Amenities

Interior Features

3+ Bedrooms Same Level

Property Details

Flooring

TileVinylLaminateCarpet

Construction

Hard Board

Outdoor Features

Deck

Heating

Propane (Heating)

Cooling

Central Air

Appliances

Electric RangeDishwasherRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1501 S Ellis Rd is listed at $424,900 ($342/sqft). The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.00 acre lot. Interior Features: 3+ Bedrooms Same Level.

This property is listed by Tony Ratchford.

TR

Tony Ratchford

Agent at Keller Williams Realty Sioux Falls

Listed by Keller Williams Realty Sioux Falls · Broker phone: (605) 275-0555 · View on Broker Site · Broker website

MLS# 22608123· Source: Realtor Association of the Sioux Empire MLS· 1 day on PropertySimple

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.

1501 S Ellis Rd, Sioux Falls, SD 57106

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