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Backup Offers

109 N Wayland Ave, Sioux Falls, SD, 57103

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
House

Location

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109 N Wayland Ave, Sioux Falls$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1934
HeatingNatural Gas
CoolingCentral Air
MLS #22404927
StatusAccepting Backup Offers
(Active - Contingent Misc)

About 109 N Wayland Ave

Welcome to 109 N Wayland Ave, Sioux Falls, SD Discover an exceptional investment opportunity in the heart of Sioux Falls with this well-maintained fully rented 5-plex. The units consist of 4 studio 1 bath apartments and one 1 bed and a 1 bathroom unit, perfect for singles or couples seeking comfort and convenience. Property Highlights: -New furnace and AC in 2023 -Income Potential: Benefit from a 7% Cap Rate, ensuring a reliable and steady income stream. -Newly Renovated Units in 2022- FULLY occupied! - New AC and Furnace in 2023 -Prime Location: Nestled in a convenient neighborhood, residents will enjoy easy access to shopping, parks, and the vibrant downtown area. -Parking & Storage: Ample off-street parking for tenants, complemented by a detached 2-stall garage that offers additional convenience and potential for extra income. This 5-plex is a rare find and a golden opportunity for savvy investors. Don’t miss out on owning a valuable piece of real estate in Sioux Falls!

Property Details

Property Features

Property Information:

  • Year Built: 1934
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Realty Sioux Falls
  • Listing Agent: Greg Doohen

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 9th St & Cliff , East to Wayland, North to Bld

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $3,502
  • 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

109 N Wayland Ave vs Sioux Falls

135 DAYS ON ROCKET

+74 Days

$450,000

+$105K More

KEY TAKEAWAY

This property is $105K more than the Median List Price in Sioux Falls, SD.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #22404927

Listing Office:

  • Office Name: Keller Williams Realty Sioux Falls
  • Listing Agent: Greg Doohen

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: 11/22/2024, 2:20:49 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$3,502$180,400
2019$3,263$164,224
2018$3,057$154,508

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-499514
3
/10

  • Terry Redlin Elementary School

  • 1721 E Austin St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-499515
4
/10

  • Eugene Field A+ Elementary School

  • 501 S Highland Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-499516
3
/10

  • Laura B. Anderson Elementary School

  • 1600 N Wayland Ave

  • 1.14 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 $34,414. Typical income of Sioux Falls, SD residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 109 N Wayland Ave

What is the listing price of this property?

The listing price of 109 N Wayland Ave property is $450,000.

What type of property is this?

The property 109 N Wayland Ave is a house located in Sioux Falls, South Dakota, 57103.

Is this property for sale now?

Accepting Backup Offers: 109 N Wayland Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,502 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 109 N Wayland Ave is 1934.

Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57103›109 N Wayland Ave

This home is located at 109 N Wayland Ave in Sioux Falls, SD and zip code 57103 in the Whittier neighborhood. This home was built in 1934. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $450,000.

The number of listings in Sioux Falls, SD increased by 78.9% between September 2024 and October 2024. In October 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $345,000.

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

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