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Sold on 05/09/2024

400 E 5th St, Colton, SD 57018

$720,000

Last sold 05/09/2024 after 202 Days

  • 15

    bed

  • 8

    bath

  • 6,688

    Sqft ($108/Sqft)

Multi-family not for sale
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About 400 E 5th St

Property type Multi-family
Year built 1978
HOA fee $0/month
Lot size 0.48 Acre
Property description
Investment opportunity near Sioux Falls! This property has eight units, all of which are currently occupied. Five of the eight units have been completely renovated top to bottom. Two units have updates throughout, including flooring, trim, light fixtures, and paint. One of the units has all of the potential to renovate in the future. Call for more information or to get a private showing scheduled.
Listed by
Listing Agent - Scott Stearns
Listing Office - The Move Group - Sioux Falls
Source: REALTOR® Association of the Sioux Empire mls logo
MLS#22307040 • last updated 1 year ago
Movoto checked REALTOR® Association of the Sioux Empire for data 5 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Baseboard
Levels/Style 2
MLS # 22307040
Living Area 6688
Status Sold - Sold
Lot Size (Sqft) 21000
Lot Size (Acres) 0.4821
Year Built 1978
Interior
Flooring Carpet, Vinyl
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Foundation Slab
Roof Composition
Construction Vinyl Siding
Parking Off Street
Amenities / Utilities
Water Source Public
Location
County Minnehaha
Subdivision Colton City 3rd Addn
Elementary School Tri-Valley ES
Middle School Tri-Valley JHS
High School District TriValley
High School Tri-Valley HS
APN 21641
Directions Interstate 29 To Exit 94, Turn Left Onto 250th St. Turn Right Onto 464th Ave. Right On 5th Street.
Multifamily Details
Total # of Units 8
We are not permitted to show value estimates for this property.
  • Sep 2025
    mls logo MLS # 22307040
  • Sep 26, 2025 Sold
    $720,000 (-6.4%)
  • Oct 20, 2023 Listed
    $769,000 (+69.0%)
  • Jul 2021
    Public Records
  • Jul 7, 2021 Sold
    $455,000
  • Year Property taxes Tax assessment
  • 2025
    $5,864
    $309,800 +18.15%
  • 2024
    $5,864 +13.5%
    $262,200 +9.98%
  • 2023
    $5,168 -4.1%
    $238,400
  • 2022
    $5,389 +25.8%
    $238,400 +19.8%
  • 2021
    $4,285 -2.2%
    $199,000 -0.7%
  • 2020
    $4,381 -0.3%
    $200,400 +0.01%
  • 2019
    $4,393
    $200,388
  • 400 E 5th St
    $720K
  • —
  • 57018
    $185K -22% y/y
  • Colton
    $292K -34% y/y
No chart available
Statistics calculated by Movoto

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5/10
Tri-Valley Elementary - 02
public Grades K-4
Tri-Valley School District 49-6
7/10
Tri-Valley High School - 01
public Grades 9-12
Tri-Valley School District 49-6
Source: GreatSchools.org © 2026. All rights reserved.

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