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2805-09 E Bragstad Dr, Sioux Falls, SD 57103

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2805-09 E Bragstad Dr,Sioux Falls, SD 57103
$1,300,000
  • - Beds
  • - Baths
  • 13,404 sq. ft.
  • Multi-family
  • Active
Listed by: nic madsen
Office: gateway real estate advisors
MLS#:831622
Source:IA_GSCBOR

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$96.99

About this home

2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix: Outside units: 4 Bed, 2.5 Bath Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.

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Home facts

  • Year built:1993
  • Listing ID #:831622
  • Added:1 day(s) ago
  • Updated:January 27, 2026 at 07:50 PM

Rooms and interior

  • Living area:13,404 sq. ft.

Structure and exterior

  • Year built:1993
  • Building area:13,404 sq. ft.

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$96.99
  • Tax amount:$14,500

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