# 1011 S 2nd Ave, Sioux Falls, SD 57105-0849

> **TL;DR:** residential multi family, $675,000 ($116/sqft), built 1971, 5,832 sqft. Est. $2,925/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $675,000 |
| Price/sqft | $116 |
| Square Feet | 5,832 |
| Year Built | 1971 |
| Lot Size | 7,501 sqft (0.17 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,925 |
| **Total** | **$2,925** |

## Nearby Schools

- **Elementary:** Susan B Anthony ES
- **Middle:** Patrick Henry MS
- **High:** Lincoln HS

## Property Highlights

- Built in 1971
- 0.17 acre lot
- 2 stories

## Description

### Agent Description
Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage parking, along with added off-street parking accessible via the alley. For investors, this is a stabilized small multifamily asset offering steady cash flow today with opportunities to further increase returns through rent optimization and operational efficiencies. A practical, income-producing property with long-term potential.

## Location

- **Address:** 1011 S 2nd Ave, Sioux Falls, SD 57105-0849
- **County:** Minnehaha
- **Neighborhood:** Boulevard Addn
- **Coordinates:** 43.53622111, -96.72413603
- **Google Maps:** https://www.google.com/maps?q=43.53622111,-96.72413603

## Listing Agent

- **Name:** Kim Hofer
- **Brokerage:** Better Homes and Gardens Real Estate Beyond
- **Phone:** (605) 413-7522
- **Email:** kimhofer@bhgrebeyond.com

## Primary Photo

![1011 S 2nd Ave - Primary Photo](http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f3157352010r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-22602400)*

---

**MLS#:** 22602400 | **Updated:** 2026-04-24
**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.com/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-22602400)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1011 S 2nd Ave, Sioux Falls, SD 57105-0849",
  "description": "Positioned in a convenient central Sioux Falls location, this well-maintained 6-plex presents a strong investment opportunity with reliable in-place income and future upside potential. The property features a desirable mix of 1- and 2-bedroom units, appealing to a broad tenant base and supporting consistent occupancy. Recent improvements enhance both functionality and tenant satisfaction, while additional income is generated through on-site laundry. Tenants also enjoy the convenience of garage p",
  "url": "https://www.propertysimple.com/listing/1011-s-2nd-ave-sioux-falls-sd-57105-0849-22602400",
  "image": "http://lh.rdcpix.com/ce88bd0b0f419a679f649092735d8b33l-f3157352010r.jpg",
  "datePosted": "2026-04-24",
  "price": 675000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1011 S 2nd Ave",
    "addressLocality": "Sioux Falls",
    "addressRegion": "SD",
    "postalCode": "57105-0849",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 43.53622111,
    "longitude": -96.72413603
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 5832,
    "unitCode": "FTK"
  },
  "yearBuilt": 1971
}
```