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About This Home
This 4-bedroom, 2-bathroom residential multi family at 202 N French Ave in Sioux Falls, SD is listed for $314,900 ($157 per sqft). Built in 1916, the home offers 2,000 sqft of living space on a 0.08 acres lot.
202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD. This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals.
Both units are fully furnished with utilities included in the rent, providing a turnkey solution for investors seeking minimal management and strong tenant demand. The property received a new roof in 2022, reducing near-term capital expenditure and enhancing long-term durability.
Key Features
- Built in 1916
- 0.08 acre lot
Property Details
Monthly Cost Estimate
$1,684/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
202 N French Ave
Sioux Falls, SD 57103-1329
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 202 N French Ave is listed at $314,900 ($157/sqft). The estimated monthly payment is $1,365 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.08 acre lot.
This property is listed by Nic Madsen and can be reached at 7125406562 or Nic@gatewayreadvisors.com.
