213 S Spring Ave
Multifamily | 5 Units
Marketing description
Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset.
Investment highlights
- Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls
- Positioned near downtown amenities, employment centers, parks, shopping, and dining
- Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile
- Blending vintage charm with practical functionality
- Strong in-town location, consistent demand for one-bedroom housing
- Room to further optimize performance over time
- Attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset
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