# 412 S Thompson Ave, Sioux Falls, SD 57103-2094 > **TL;DR:** 11bd/6ba residential multi family, $499,000 ($93/sqft), built 1977, 5,376 sqft. > A/C. Est. $2,669/mo. Listed 21 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $499,000 | | Price/sqft | $93 | | Bedrooms | 11 | | Bathrooms | 6 full | | Square Feet | 5,376 | | Year Built | 1977 | | Lot Size | 10,014 sqft (0.23 acres) | | Stories | 3 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 21 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,523 | | Estimated Insurance | $146 | | **Total** | **$2,669** | ## Nearby Schools - **Elementary:** Cleveland ES - **Middle:** Ben REifel Middle School - **High:** Washington HS ## Key Amenities - A/C ## Property Highlights - Built in 1977 - 0.23 acre lot - 3 stories ## Description ### Agent Description Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. The property consists of five 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a well-balanced unit mix with strong rental demand. Common area coin opereated laundry. Updates include boiler, HVAC and concrete. This well-maintained asset provides a turnkey investment opportunity with a proven occupancy history. Conveniently located near downtown Sioux Falls with easy access to shopping, dining, schools, medical facilities, and I-229, this property is an excellent addition to any investment portfolio. ## Location - **Address:** 412 S Thompson Ave, Sioux Falls, SD 57103-2094 - **County:** Minnehaha - **Neighborhood:** Lyon Homesite Addn - **Coordinates:** 43.54442, -96.687553 - **Google Maps:** https://www.google.com/maps?q=43.54442,-96.687553 ## Listing Agent - **Name:** Amber Ellingsen - **Brokerage:** Keller Williams Realty Sioux Falls - **Broker Phone:** (605) 275-0555 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/412-S-Thompson-Ave_Sioux-Falls_SD_57103_M78857-58997?f=listhub&s=RASESD&m=22607794&c=propsimple) ## Photos ![412 S Thompson Ave - Photo 1](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f3184065579r.jpg) ![412 S Thompson Ave - Photo 2](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f1524304158r.jpg) ![412 S Thompson Ave - Photo 3](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f2570255019r.jpg) ![412 S Thompson Ave - Photo 4](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f1481226253r.jpg) ![412 S Thompson Ave - Photo 5](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f2356071825r.jpg) ![412 S Thompson Ave - Photo 6](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f4237181345r.jpg) ![412 S Thompson Ave - Photo 7](http://lh.rdcpix.com/c83218cbfbe274291ac9af0ad998d70dl-f2541717823r.jpg) --- **MLS#:** 22607794 | **Updated:** 2026-10-29 **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.ai/listing/412-s-thompson-ave-sioux-falls-sd-57103-2094-e74f77f91797452ea89c0d80599bddbe) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/412-s-thompson-ave-sioux-falls-sd-57103-2094-e74f77f91797452ea89c0d80599bddbe#listing", "url": "https://www.propertysimple.ai/listing/412-s-thompson-ave-sioux-falls-sd-57103-2094-e74f77f91797452ea89c0d80599bddbe", "name": "412 S Thompson Ave, Sioux Falls, SD 57103-2094", "description": "Rare opportunity to acquire a fully occupied, professionally managed 6-unit investment property in a desirable Sioux Falls location. 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