24 days on rocket

3504 S Cathy Ave, Sioux Falls, SD, 57104

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi

Location

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3504 S Cathy Ave, Sioux Falls$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1977
HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
MLS #22408665
StatusActive

About 3504 S Cathy Ave

This fourplex offers an investment opportunity in a highly sought-after location. Conveniently situated near the Empire Mall, one of Sioux Falls' largest shopping centers, the property is also within close proximity to Louise Avenue, which features a wide range of restaurants, grocery stores, and specialty shops. Additionally, Sanford and Avera healthcare facilities are just a short drive away. The building includes four units, comprising one 2-bedroom, 1-bathroom units and three 2-bedroom, 1.5-bathroom units. The landlord covers the cost of heat (via boiler), common area electricity, water, sewer, trash, repairs and maintenance, lawn care, and snow removal. Residents are responsible for their electricity, phone, cable, and internet services. The property also features coin-operated laundry facilities. Each unit is provided with a garage, which is currently included in the rent. The current owners have owned the property since 2011, with a new roof installed in 2015. The property boasts a consistent history of strong occupancy.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2

Listing Office:

  • Office Name: Brooks Commercial Real Estate
  • Listing Agent: Jeffrey Brooks

Interior Features

Interior Information:

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

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From W. 41st St, head south on S. Cathy St; the property is at S. Cathy & W. 43rd St corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $5,102
  • 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

$344.9K

Med. Price/SqFt

$195

Avg. Days On Market

70

3504 S Cathy Ave vs Sioux Falls

24 DAYS ON ROCKET

-46 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 November 2024

MLS Details

MLS Information:

  • MLS Number: #22408665

Listing Office:

  • Office Name: Brooks Commercial Real Estate
  • Listing Agent: Jeffrey Brooks

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: 12/21/2024, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2011Home Sold
$237,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,102$257,800
2019$4,759$234,847
2018$4,573$226,913

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-802954
4
/10

  • Oscar Howe Elementary School

  • 2801 S Valley View Rd

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-802955
7
/10

  • John F. Kennedy Elementary School

  • 4501 S Holbrook Ave

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-802956
7
/10

  • R. F. Pettigrew Elementary School

  • 7900 W 53rd St

  • 1.84 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 $34,532. Residents of Sioux Falls, SD typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Sioux Falls, SD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sioux Falls, SD?

Sioux Falls presents a diverse housing market with a blend of residential options to suit various preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from ranch to split-level and contemporary. The city also offers a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The housing development in Sioux Falls has seen various phases, with a notable number of homes constructed in the late 20th century.

Is Sioux Falls, SD a good place to live?

Sioux Falls is celebrated for its welcoming community spirit and the balance it strikes between urban amenities and natural beauty. The city prides itself on its well-maintained parks, including the iconic Falls Park, which serves as a focal point for both residents and visitors. Annual events such as the Sioux Falls JazzFest and SculptureWalk add to the city's vibrant cultural scene, reflecting the community's appreciation for the arts and entertainment.

Are things conveniently located in Sioux Falls, SD?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is well-supported with several hospitals and clinics offering a variety of services from emergency care to specialized treatments. Retail and dining options are plentiful, with local businesses and national chains providing a mix of shopping and culinary experiences that mirror the city's diverse character. Sioux Falls is also home to a network of public libraries that serve as educational and cultural hubs.

What does the transportation in Sioux Falls, SD look like?

Transportation in Sioux Falls is facilitated by a comprehensive road network, including major highways that connect the city to surrounding areas. Public transit is available, with bus services covering key routes throughout the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also available for cycling enthusiasts. While specific ride-sharing services are operational in the city, their presence complements the existing transportation options, offering residents and visitors an additional mode of travel.

Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57104›3504 S Cathy Ave

This home is located at 3504 S Cathy Ave in Sioux Falls, SD and zip code 57104. This home was built in 1977. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $450,000.

The inventory of homes for sale in Sioux Falls, SD between October 2024 and November 2024 increased by 44.5%. In November 2024 median list price was $344,950 and the average listing age was 70 days.

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

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