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  • Exterior
  • Kitchen
  • Bedroom
  • Bath

1305 S Spring Ave, Sioux Falls, SD 57104

  • $275,000

  • 7

    bed

  • 3

    bath

  • 2,300

    Sqft ($120/Sqft)

Multi-family pending
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About 1305 S Spring Ave

Property type Multi-family
Neighborhood
Year built 1904
HOA fee $0/month
Lot size 3,441 Sqft
Property description
Rare triplex in one of Sioux Falls' most sought-after corridors for rental property — walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout. The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you. Current rents have room to grow as leases turn over. Owner covers gas, electric, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs — easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.
Listed by
Listing Agent - Blake Bohner
Listing Office - 605 Real Estate LLC
Source: REALTOR® Association of the Sioux Empire mls logo
MLS#22604105 • last updated 1 month ago
Movoto checked REALTOR® Association of the Sioux Empire for data 13 minutes ago
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Overview
Cooling/AC Window Unit(s)
Heating Natural Gas
Levels/Style 3
MLS # 22604105
Living Area 2300
Status Pending - Pending
Lot Size (Sqft) 3441
Lot Size (Acres) 0.079
Year Built 1904
Interior
Flooring Carpet, Laminate
Appliances Refrigerator, Range, Washer, Dryer
Exterior
Foundation Block
Roof Composition
Construction Vinyl Siding
Parking None
Amenities / Utilities
Water Source Public
Location
County Minnehaha
Subdivision Park Addition
Elementary School Lowell ES
Middle School Edison MS
High School District SiouxFalls
High School Lincoln HS
APN 41588
Directions From 22nd And Minnesota, Head West One Block To Spring, Then North One-half Block.
Multifamily Details
Total # of Units 3
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Source: GreatSchools.org © 2026. All rights reserved.

Around Augustana

Explore everything this neighborhood has to offer. Learn more about Augustana.
61/100
Walk
69/100
Family
60/100
Dining
82/100
Pet
  • Real Estate
  • SD
  • Minnehaha County
  • Sioux Falls
  • 57104
  • Augustana
  • 1305 S Spring Ave

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