505 N Cleveland Ave, Sioux Falls, SD 57103 For Sale

Brookshire Apartments is a well-established, garden-style multifamily community located at 609 North Cleveland Avenue in Sioux Falls, South Dakota. The property consists of 61 studio, one-, and two-bedroom units across five three-story residential buildings and seven detached garage buildings, situated on approximately 3.68 acres in a convenient north-central location near major roadways and East 6th Street.

Originally constructed in 1976, the asset features durable construction typical of mid-century garden-style communities and is positioned as a Class B workforce housing option with reliable appeal for value-conscious renters seeking affordable, no-frills living in one of the Midwest’s most resilient markets.

Brookshire offers residents easy access to downtown Sioux Falls, employment centers, healthcare facilities, retail amenities, and primary arterial roadways, supporting consistent rental demand in a growing and stable regional economy. The property includes a mix of surface parking and detached garage stalls, providing ample parking options for residents and guests.

The community is currently 93.4% as of December 1, 2025, and operates with in-place cash flow. Zoning RA-2 supports continued multifamily use without restriction. Brookshire may be acquired individually or as part of a larger 716-unit multifamily portfolio, offering flexibility for both standalone investors and groups seeking targeted scale within the Sioux Falls market.