11 days on rocket

427 N Summit Ave, Sioux Falls, SD, 57104

$345,000

Home List Price

$4,097*

Closing Credit

0 Baths
Multi

Location

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427 N Summit Ave, Sioux Falls$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1916
HeatingMulti Unit(s)
CoolingCentral Air
MLS #22408306
StatusActive

About 427 N Summit Ave

Check out this well-maintained duplex in a prime location with an established history of reliable, paying tenants and excellent owner maintenance. This property is ideal for investors and owner-occupiers alike, boasting a stunning view of the iconic Cathedral and walkable access to downtown. Recent updates include a new roof, fresh concrete, and modernized interiors. Each unit offers spacious, refreshed living areas, with tenants enjoying the convenience of off-street parking and in-unit laundry. There's also an option to lease an additional garage space, and above the garage, rentable storage offers another potential income stream. Don’t miss this rare investment opportunity that combines style, location, and profitability!

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 1

Listing Office:

  • Office Name: 605 Real Estate LLC
  • Listing Agent: Joe Green

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher

Utilities

Utilities Information:

  • Heating: Multi Unit(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Minnesota Ave & 6th St, west to Summit Ave, north to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000

Tax Information:

  • Annual Amount: $1,994
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$345K

Med. Price/SqFt

$195

Avg. Days On Market

61

427 N Summit Ave vs Sioux Falls

11 DAYS ON ROCKET

-50 Days

$345,000

-$0 Less

KEY TAKEAWAY

This property is $0 less than the Median List Price in Sioux Falls, SD.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #22408306

Listing Office:

  • Office Name: 605 Real Estate LLC
  • Listing Agent: Joe Green

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.
Broker Reciprocity
©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: 11/23/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 21, 2020Home Sold
$161,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,994$99,700
2019$2,400$118,969
2018$2,310$115,116

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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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-790943
3
/10
  • Hawthorne Elementary School

  • 601 N Spring Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-790944
3
/10
  • Lowell Elementary School

  • 710 W 18th St

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-790945
7
/10
  • All City Elementary - 50

  • 2511 W Brookings St

  • 1.32 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,918. 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


Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57104›427 N Summit Ave

This home is located at 427 N Summit Ave in Sioux Falls, SD and zip code 57104 in the North End West neighborhood. This home was built in 1916. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $345,000.

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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