# 514 S Summit Ave, Sioux Falls, SD 57104

> **TL;DR:** residential multi family, $264,000 ($142/sqft), built 1910, 1,864 sqft. Est. $1,412/mo. Listed 101 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $264,000 |
| Price/sqft | $142 |
| Square Feet | 1,864 |
| Year Built | 1910 |
| Lot Size | 5,001 sqft (0.11 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 101 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,335 |
| Estimated Insurance | $77 |
| **Total** | **$1,412** |

## Nearby Schools

- **Elementary:** Lowell ES
- **Middle:** Edison MS
- **High:** Washington HS

## Property Highlights

- Built in 1910
- 0.11 acre lot
- 3 stories

## Description

### Agent 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.

## Location

- **Address:** 514 S Summit Ave, Sioux Falls, SD 57104
- **County:** Minnehaha
- **Neighborhood:** Grigsby Addn
- **Coordinates:** 43.541883, -96.735319
- **Google Maps:** https://www.google.com/maps?q=43.541883,-96.735319

## Listing Agent

- **Name:** Terry Keller
- **Brokerage:** Market First Real Estate
- **Broker Phone:** (605) 940-6601
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/514-S-Summit-Ave_Sioux-Falls_SD_57104_M91049-11663?f=listhub&s=RASESD&m=22605473&c=propsimple)

## Photos

![514 S Summit Ave - Photo 1](http://lh.rdcpix.com/aa19354ae06c9c4fb6ce023ae526f446l-f2948592023r.jpg)

![514 S Summit Ave - Photo 2](http://lh.rdcpix.com/aa19354ae06c9c4fb6ce023ae526f446l-f3881248841r.jpg)

![514 S Summit Ave - Photo 3](http://lh.rdcpix.com/aa19354ae06c9c4fb6ce023ae526f446l-f686613244r.jpg)

![514 S Summit Ave - Photo 4](http://lh.rdcpix.com/aa19354ae06c9c4fb6ce023ae526f446l-f1621651710r.jpg)

![514 S Summit Ave - Photo 5](http://lh.rdcpix.com/aa19354ae06c9c4fb6ce023ae526f446l-f2327089656r.jpg)

---

**MLS#:** 22605473 | **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/514-s-summit-ave-sioux-falls-sd-57104-9caf9b0b824b40b9a098a4345d03fb07)

---

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