1 month on rocket

609 S Spring Ave, Sioux Falls, SD, 57104

$265,000

Home List Price

$3,147*

Closing Credit

0 Baths
Multi

Location

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609 S Spring Ave, Sioux Falls$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1890
HeatingForced Air, Baseboard, Natural Gas, Electric
CoolingCentral Air, Window Unit(s)
MLS #22407188
StatusActive

About 609 S Spring Ave

This well-maintained triplex features two 2 bedroom and 1 bath units, plus a cozy 1 bedroom 1 bath unit. Centrally located and just minutes from all Sioux Falls has to offer. Two of the units are currently leased, while the vacant unit offers immediate potential for added cash flow or owner-occupancy. Each unit is separately metered, so tenants cover their own electricity, while the landlord pays for gas and water. Tons of off street parking out back, coin op laundry for additional income, and great rental history. With numerous updates throughout this is an ideal acquisition for investors seeking to expand their portfolio or for first-time investors looking to house-hack their way in.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2

Listing Office:

  • Office Name: 605 Real Estate LLC
  • Listing Agent: Blake Bohner

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Microwave
  • Flooring Type: Carpet, Tile, Vinyl, Laminate

Utilities

Utilities Information:

  • Heating: Forced Air, Baseboard, Natural Gas, Electric
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From 14th/Minnesota Ave., 1block W., turn S. to triplex

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000

Tax Information:

  • Annual Amount: $2,374
  • 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

609 S Spring Ave vs Sioux Falls

50 DAYS ON ROCKET

-11 Days

$265,000

-$80K Less

KEY TAKEAWAY

This property is $80K less than the Median List Price in Sioux Falls, SD.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #22407188

Listing Office:

  • Office Name: 605 Real Estate LLC
  • Listing Agent: Blake Bohner

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: 11/21/2024, 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$2,374$119,600
2019$2,289$112,871
2018$2,215$109,826

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-212440
3
/10
  • Lowell Elementary School

  • 710 W 18th St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-212441
3
/10
  • Hawthorne Elementary School

  • 601 N Spring Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-212442
8
/10
  • Sonia Sotomayor Elementary - 65

  • 1510 S Lake Ave

  • 0.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,810. The majority of Sioux Falls, SD residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57104›609 S Spring Ave

This home is located at 609 S Spring Ave in Sioux Falls, SD and zip code 57104 in the Pettigrew Heights neighborhood. This home was built in 1890. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $265,000.

The inventory of homes for sale in Sioux Falls, SD between September 2024 and October 2024 increased by 78.9%. Listings spent 61 days on the market in October 2024, and had a median list price of $345,000 during the same period.

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

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