2 months on rocket

1035 N Spring Ave, Sioux Falls, SD, 57104

$545,900

Home List Price

$6,483*

Closing Credit

0 Baths
Multi

Location

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1035 N Spring Ave, Sioux Falls$545,900

Buyer Closing Credits

$6,483*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1900
HeatingBaseboard
CoolingWindow Unit(s), Other
MLS #22406279
StatusActive

About 1035 N Spring Ave

Absolutely Perfect Turn Key Investment Opportunity!!VOTED one of top 12 Airbnbs in Sioux Falls!!! Current Owners have spent many years establishing a very successful rental business! Most of their clients come through Furnish Finder as this provides more stable income with less maintenance! This vintage 1900's 4 unit home features spectacular spaces for your guests to enjoy and relax in. The outside area features a resort-like space that includes a 7 person hot-tub, patio tables and chairs, and hammock chairs all under a beautiful green canopy of mature trees! Each unit also features its own private deck space, as well. Bikes are provided, free of charge, to guests to enjoy the nearby bike paths and green spaces. Each uniquely named unit features tastefully decorated livings rooms, kitchens and bedroom(s). ALL furnishings will stay with sale as will ALL outdoor furniture, hot-tub and bikes. Owner has quite the green-thumb and the landscaping flowers add much beauty and serenity to the experience. Only 5 minutes to airport, and walking distance to downtown, pools, fishing pond, and Premier Center! With a CAP RATE of 8% this is a GREAT Investment!!!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: Real Estate Retrievers of Sioux Falls
  • Listing Agent: Callie Wockenfuss

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer, Microwave
  • Flooring Type: Tile, Wood

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s), Other

Other

Directions Information:

  • Directions: I-29 to Russell Street, to Minnesota Ave, south to Brookings St to Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,900

Tax Information:

  • Annual Amount: $3,521
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sioux Falls, SD.

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Sioux Falls, SD

City

Med. List Price

$345K

Med. Price/SqFt

$195

Avg. Days On Market

61

1035 N Spring Ave vs Sioux Falls

85 DAYS ON ROCKET

+24 Days

$545,900

+$200.9K More

KEY TAKEAWAY

This property is $200.9K more than the Median List Price in Sioux Falls, SD.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #22406279

Listing Office:

  • Office Name: Real Estate Retrievers of Sioux Falls
  • Listing Agent: Callie Wockenfuss

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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©2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,521$175,000
2019$2,447$115,537
2018$2,362$112,122

History based on county public records data.

Payment Calculator

$2,792

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,703

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-216752
3
/10

  • Hawthorne Elementary School

  • 601 N Spring Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-216753
3
/10

  • Laura B. Anderson Elementary School

  • 1600 N Wayland Ave

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-216754
7
/10

  • All City Elementary - 50

  • 2511 W Brookings St

  • 1.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,907. The most common annual income of people living in Sioux Falls, SD is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57104›1035 N Spring Ave

This home is located at 1035 N Spring Ave in Sioux Falls, SD and zip code 57104 in the North End West neighborhood. This home was built in 1900. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $545,900.

The inventory of homes for sale in Sioux Falls, SD between September 2024 and October 2024 increased by 78.9%. The median list price of listings available in October 2024 was $345,000, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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