Welcome to this fantastic investment opportunity! With 32 units, each featuring two bedrooms and one bath, spread across 8 buildings, this property offers both spacious living and investment potential. Convenient off-street parking ensures hassle-free accommodation for tenants. Situated on the west side, it's close to shopping, restaurants, and entertainment, making it highly desirable. The heating is efficient with a boiler system, and wall AC units provide comfort. Not only does this property offer immediate rental income, but it also holds potential for future commercial use on the land. Additionally, extra income streams are available through laundry facilities in each building, ensuring convenience for tenants and increased profitability for you as an investor. Don't miss out on this opportunity – check it out today!
Property Details
Property Features
Property Information:
Year Built: 1971
Stories: 2
Listing Office:
Office Name: Keller Williams Realty Sioux Falls
Listing Agent: Tara Allen
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range
Flooring Type: Carpet, Vinyl
Virtual/3D Tour
Virtual Tour: 4700 W 41st St
Virtual Tour
Utilities
Utilities Information:
Heating: Other
Cooling: Window Unit(s)
Other
Directions Information:
Directions: West on 41st Str. to Terry Ave. then one block north to buildings.
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Tax Information:
Annual Amount: $3,346
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sioux Falls, SD.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16K
Per Month
Principal & Interest
$15.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,660
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oscar Howe Elementary School
2801 S Valley View Rd
Distance between this listing and this school0.92 miles
Public District Grades KG-5
7
/10
John F. Kennedy Elementary School
4501 S Holbrook Ave
Distance between this listing and this school1.11 miles
Public District Grades KG-5
3
/10
Laura Wilder Elementary School
2300 S Lyndale Ave
Distance between this listing and this school1.70 miles
Public District Grades KG-5
Nearby Schools
4
/10
Edison Middle School
2101 S West Ave
Distance between this listing and this school2.04 miles
Public District Grades 6-8
6
/10
Memorial Middle School
1401 S Sertoma Ave
Distance between this listing and this school2.06 miles
Public District Grades 6-8
7
/10
Patrick Henry Middle School
2200 S 5th Ave
Distance between this listing and this school3.40 miles
Public District Grades 6-8
Nearby Schools
3
/10
Roosevelt High School
6600 W 41st St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
4
/10
Lincoln High School
2900 S Cliff Ave
Distance between this listing and this school3.78 miles
Public District Grades 9-12
8
/10
Tea Area High School - 03
500 W Brian St
Distance between this listing and this school5.09 miles
The neighbors living near this home have an average income of $35,938. The most common annual income of people living in Sioux Falls, SD is less than $35k. Typical family type is single, no kids. Most 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.
Types of housing 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.
What is it like to live in Sioux Falls, SD?
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.
Is it easy to get around Sioux Falls, SD without a car?
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.
Transportation in Sioux Falls, SD.
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.
Frequently Asked Questions About 4700 W 41st St
What is the listing price of this property?
The listing price of 4700 W 41st St property is $3,200,000.
What type of property is this?
The property 4700 W 41st St is a house located in Sioux Falls, South Dakota, 57106.
Is this property for sale now?
Active Listing: 4700 W 41st St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,346 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 4700 W 41st St is 1971.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4700 W 41st St in Sioux Falls, SD and zip code 57106. This home was built in 1971. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $3,200,000.
The number of listings in Sioux Falls, SD increased by 44.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $344,950, while the average time on the real estate market was 70 days.
From Rocket Homes Real Estate and based on county public records data.
The 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. 
Soccer
Soccer
Figure Skating
NBA/WNBA
Forever 21
Chico's
Express/Express For Men
Dominos Pizza
Bob Evans
Starbucks
Mazda
Oldsmobile
Pontiac
Rhythmic Contemporary Hits
News
Urban Contemporary