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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2504 S Summit Ave in Sioux Falls, SD is listed for $450,000 ($186 per sqft). Built in 1948, the home offers 2,420 sqft of living space on a 0.22 acres lot.

Agent Description

Investor opportunity in central Sioux Falls! This triplex offers three separate, furnished units with flexible rental potential and a convenient location near 33rd Street, Minnesota Avenue, schools, shopping, dining, and everyday amenities. Currently used for short-term rental stays, the property includes a spacious 2 bedroom, 1 bath main floor unit, plus a 1 bedroom, 1 bath upper unit and a 1 bedroom, 1 bath lower-level unit.

Each unit offers its own living space, kitchen area, bedroom/bath setup, and comfortable layout, creating options for an owner-occupant, house hacker, short-term rental investor, or long-term rental portfolio addition. The main floor unit features generous living and dining spaces, an inviting kitchen, two bedrooms, and a full bath.

The lower level includes a living room, kitchen, bedroom, and bath. The upper unit offers a private entrance via exterior balcony access, with its own kitchen, living/dining space, bedroom, bath, and additional den/living area. Shared laundry access available to all units in the basement.

On-site paved parking adds everyday convenience. Seller intends to sell the property furnished, with some exclusions. A flexible, income-producing property in a desirable Sioux Falls location with multiple paths for future use. Associated documents contains breakdown of income and expenses.

Key Features

  • Built in 1948
  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
1948

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

2504 S Summit Ave

Sioux Falls, SD 57105

F A Smith Addn

Property Details

Flooring

LaminateVinylCarpetWoodTile

Construction

HardiPlank Type Wood Siding

Heating

Forced AirNatural Gas

Cooling

Electric

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2504 S Summit Ave is listed at $450,000 ($186/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1948, 0.22 acre lot, 2 stories.

This property is listed by Keisha Tran and can be reached at (605) 595-2623 or keisha@amystockberger.com.

KT

Keisha Tran

Agent at Amy Stockberger Real Estate

(605) 595-2623

Listed by Amy Stockberger Real Estate · View on Broker Site

MLS# 22603776· Source: listhub· Updated 5 days ago

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.

2504 S Summit Ave, Sioux Falls, SD 57105

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