202-204 N French Ave
Furnished Duplex | Two 2BD/1BA Units |
Marketing description
202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, South Dakota. This well-maintained property consists of two 2-bedroom, 1-bathroom residential units, offering immediate in-place cash flow and operational flexibility through a hybrid rental strategy, currently operated as a mix of mid-term and long-term rentals.
Both units are fully furnished, with utilities included in the rent, providing a truly turnkey solution for investors seeking strong tenant demand and simplified management. Garbage and internet expenses are split between the two units, allowing for cost efficiency while maintaining an attractive all-inclusive rental structure for tenants.
The property has been thoughtfully maintained, including a new roof installed in 2022, reducing near-term capital expenditure and supporting long-term durability. Its central Sioux Falls location further enhances tenant appeal due to proximity to employment centers, dining, retail, and essential services.
With stable cash flow, minimal deferred maintenance, and the ability to continue furnished rentals or transition to traditional long-term leasing, 202 N French Ave offers a compelling opportunity for investors seeking immediate income with optional operational upside.
Investment highlights
- Duplex with two 2BD / 1BA units
- Fully furnished units with utilities included in rent
- Hybrid mid-term and long-term rental strategy
- Turnkey investment with simplified management
- Garbage and internet expenses split between units
- New roof installed in 2022
- Central Sioux Falls location with strong rental demand
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