201 N French Ave, Sioux Falls, SD 57103

201 N French Ave presents a compelling four-unit multifamily investment opportunity in Sioux Falls, South Dakota. This 2,792 square foot four-plex is well-positioned to capitalize on strong local rental demand and offers a balanced mix of stabilized income with remaining upside.

The property features a desirable unit mix consisting of two lower 3-bedroom / 1-bath units and two upper 1-bedroom / 1-bath units, appealing to a broad tenant base ranging from families to young professionals. Three of the four units have been recently renovated, delivering modernized living spaces that align with today’s rental expectations and support competitive market rents.

The remaining unit provides a clear value-add opportunity through future renovation, allowing a new owner to further increase income and overall asset value. The building has also benefited from a new roof installed in 2022, significantly reducing near-term capital expenditures and enhancing long-term durability.

Located in an established Sioux Falls neighborhood with convenient access to employment centers, retail, and daily amenities, 201 N French Ave offers investors a well-maintained asset with a proven rental profile and continued upside potential.