About This Home

This 0-bedroom, 0-bathroom residential multi family at 4802 S Hosta Ave in Sioux Falls, SD is listed for $7,950,000 ($134 per sqft). Built in 2021, the home offers 59,544 sqft of living space on a 3.08 acres lot.

Key Features

  • Built in 2021
  • 3.08 acre lot
  • 2 stories

Property Details

2 stories
2021
Listing Description

INVESTOR OPPORTUNITY | 42 Townhome-Style Apartment Homes | SE Sioux Falls S. Hosta Ave | Near E. 57th St & S. Sycamore Ave | Sioux Falls, SD The Property consists of 42 nearly new townhome-style apartment homes tucked away on S. Hosta Ave in one of Sioux Falls' most desirable southeast corridors.

Each home features an attached garage, a mudroom entry, and a refreshing open-concept floor plan that today's renters are actively searching for. Proforma NOI is $426,042.18 CAP Rate 5.36% Inside Every Townhome: Main Floor Open-concept kitchen with bar seating Dining area & living room Sliding doors to private patio Mudroom off the attached garage

Upper Floor All bedrooms upstairs In-unit laundry center Full bathroom 3-bedroom plans include awalkin closet & ensuite bathroom in the primary suite Why This Asset Stands Out ? 42 doors at meaningful scale - institutional quality, attainable price point ?

Diverse unit mix - 2-bed and 3-bed options broaden your renter pool and reduce concentration risk ? Attached garages on every unit - a premium amenity in this market that drives higher rents and longer tenancies ? Two-car garage units - the 9 Plan C homes command top-of-market rents and attract high-quality, long-term tenants ?

In-unit laundry - the #1 amenity renters cite for lease renewals ? Nearly new construction - minimal deferred maintenance, low near-term capex, and modern finishes tenants expect ? Townhome-style design - no shared hallways, private entries, and a home-ownership feel that reduces turnover The Sioux Falls Advantage Sioux Falls consistently ranks amo

ng the Midwest's top rental markets - no state income tax, a diversified and growing employment base, and steady population growth all fuel durable rental demand. The southeast corridor in particular benefits from proximity to major employers, retail centers, and top-rated schools, making it one of the city's most attractive quadrants for workforce housing.

Level Up Your Income Property Portfolio. 42 doors. Nearly new. Three floor plans. Premium amenities. A location tenants want to stay in. This is the kind of well-rounded asset that anchors a portfolio and performs for decades.

Monthly Cost Estimate

$42,518/mo

20% down · 6.5% · 30 years

Principal$5,750
Interest$34,450
Insurance$2,319

Estimates only. Actual payments may vary.

Location

4802 S Hosta Ave

Sioux Falls, SD 57110

BROOKS CROSSING ADDITION TO THE CITY OF SIOUX FALL

Property Details

Flooring

VinylCarpet

Construction

HardiPlank Type

Heating

Forced AirNatural Gas

Cooling

Electric

Appliances

DishwasherDisposalDryerRangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 4802 S Hosta Ave is listed at $7,950,000 ($134/sqft). The estimated monthly payment is $42,519 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 3.08 acre lot, 2 stories.

This property is listed by David Shelton.

DS

David Shelton

Agent at Century 21 Advantage

Listed by Century 21 Advantage · Broker phone: (605) 336-2121 · View on Broker Site · Broker website

MLS# 22604670· Source: Realtor Association of the Sioux Empire MLS· 128 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.

4802 S Hosta Ave, Sioux Falls, SD 57110

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