About This Home

This 0-bedroom, 0-bathroom residential multi family at 514 S Summit Ave in Sioux Falls, SD is listed for $264,000 ($142 per sqft). Built in 1910, the home offers 1,864 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1910
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
1910
Listing Description

Great investment opportunity. $3,000 flooring allowance for unit #1. Great ROI opportunity. Gross rents per month $3,200. This Tri-Plex has 3 bedrooms and 1 bathroom on the main level. All new carpet on the main level. The other 2 units are 2 bedroom and 1 bath. Great rental history. Listing agent is a licensed real estate agent in the state of South Dakota.

Monthly Cost Estimate

$1,412/mo

20% down · 6.5% · 30 years

Principal$191
Interest$1,144
Insurance$77

Estimates only. Actual payments may vary.

Location

514 S Summit Ave

Sioux Falls, SD 57104

Grigsby Addn

Property Details

Flooring

WoodCarpetVinyl

Construction

Wood Siding

Heating

Forced Air

Appliances

RangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 514 S Summit Ave is listed at $264,000 ($142/sqft). The estimated monthly payment is $1,412 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.11 acre lot, 3 stories.

This property is listed by Terry Keller.

TK

Terry Keller

Agent at Market First Real Estate

Listed by Market First Real Estate · Broker phone: (605) 940-6601 · View on Broker Site · Broker website

MLS# 22605473· Source: Realtor Association of the Sioux Empire MLS· 99 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.

514 S Summit Ave, Sioux Falls, SD 57104

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