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617 S Walts Ave, Sioux Falls, SD 57104

Sioux Falls
Local realty services provided by:CENTURY 21 Advantage
617 S Walts Ave,Sioux Falls, SD 57104
$229,900
  • - Beds
  • - Baths
  • 2,062 sq. ft.
  • Multi-family
  • Active
Listed by: jeffrey brooks
Office: brooks commercial real estate
MLS#:22601328
Source:SD_RASE

Price summary

  • Price:$229,900
  • Price per sq. ft.:$111.49

About this home

Fully leased triplex offering potential immediate cash flow with built-in upside in a strong central Sioux Falls rental location. Current gross rents total $1,945/month ($23,340 annually), delivering solid in-place income from day one. Unit Breakdown: • 617 S. Walts Avenue – 1BR / 1BA (upper level). $550/month. Month-to-month lease. Tenant pays for gas and electric. • 902 W. 15th Street – 2BR / 1BA (main floor). $895/month. Month-to-month lease. Tenant pays for electric. Landlord pays for gas. • 904 W. 15th Street – Efficiency / 1BA (main floor). $500/month. Month-to-month lease. Tenant pays for electric. Landlord pays for gas. All units feature updated cabinetry, bathrooms, and durable hard-surface flooring (carpet in bedroom of 1BR only). The 1BR and 2BR units include stainless steel gas ranges and refrigerators, plus stainless steel dishwashers (2BR new 11/2023; 1BR replaced 11/2025). Studio includes gas range and refrigerator. Capital improvements minimize deferred maintenance

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Home facts

  • Year built:1890
  • Listing ID #:22601328
  • Added:2 day(s) ago
  • Updated:March 02, 2026 at 05:28 PM

Rooms and interior

  • Living area:2,062 sq. ft.

Structure and exterior

  • Year built:1890
  • Building area:2,062 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:Thomas Jefferson High School
  • Middle school:George McGovern MS - Sioux Falls
  • Elementary school:Lowell ES

Finances and disclosures

  • Price:$229,900
  • Price per sq. ft.:$111.49
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