About This Home

This 4-bedroom, 3-bathroom residential multi family at 2512 S Summit Ave in Sioux Falls, SD is listed for $279,900 ($169 per sqft). Built in 1950, the home offers 1,654 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1950
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
3 full
1950

Amenities

A/C
Listing Description

FANTASTIC INVESTMENT OPPORTUNITY IN A PRIME CENTRAL LOCATION! This versatile triplex offers three separate living units, an excellent opportunity to expand your investment portfolio! The spacious main unit features updated flooring, paint, a cozy fireplace, two bedrooms, and a full bathroom.

The lower-level unit offers updated flooring, paint, floor to ceiling fireplace, one bedroom, and one bathroom. The third unit is a studio apartment conveniently located beneath the garage, providing additional rental income potential. Exterior improvements include updated siding, and roof.

LOCATION, LOCATION, LOCATION! Within walking distance to the University of Sioux Falls, near Sanford Health, and centrally located with convenient access to downtown Sioux Falls, shopping, dining, and entertainment! Whether you're a seasoned investor or just getting started, this triplex is an opportunity you won't want to miss!

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

2512 S Summit Ave

Sioux Falls, SD 57105

F A Smith Addn

Property Details

Flooring

Vinyl

Construction

Vinyl Siding

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

MicrowaveRangeRefrigerator

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 2512 S Summit Ave is listed at $279,900 ($169/sqft). The estimated monthly payment is $1,497 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.25 acre lot, 2 stories.

This property is listed by Teresa Geiken.

TG

Teresa Geiken

Agent at Amy Stockberger Real Estate

Listed by Amy Stockberger Real Estate · Broker phone: (605) 595-2623 · View on Broker Site · Broker website

MLS# 22607922· Source: Realtor Association of the Sioux Empire MLS· 13 days 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.

2512 S Summit Ave, Sioux Falls, SD 57105

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