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1426 E 17th St, Sioux Falls, SD 57104

$224,900
  • 4

    bed

  • 2

    bath

  • 1,456

    Sqft ($154/Sqft)

Multi-family for sale 48 days

About 1426 E 17th St

Property type Multi-family
Year built 1904
HOA fee $0/month
Lot size 5,807 Sqft
Property description
2-1 Buydown Available with Acceptable Offer -- A Smart Way to Own for Less! Looking for a more affordable path to homeownership? This well-maintained duplex offers the opportunity to house hack by living in one unit while rental income from the other unit helps offset your monthly mortgage payment. Combined with a 2-1 interest rate buydown, this property can make homeownership significantly more budget friendly during your first two years. It also offers excellent flexibility as a potential vacation rental, or an income producing investment with a projected 9%+ cap rate. The main level unit has been updated with new stainless steel appliances, new flooring, and fresh paint throughout, making it move in ready. The upper unit features a new water heater. The front porch and garage have been freshly painted. An expanded concrete driveway approach adds valuable off-street parking. Located just minutes from vibrant downtown, Avera Hospital, Cherry Rock Park, and only two blocks from the bike trail, this property offers convenience for both owners and tenants. Each unit features 2 bedrooms, 1 bathroom, custom-like kitchen cabinetry, and ceramic tile backsplashes. Separate utility meters (except water) and low-maintenance vinyl siding help keep operating costs manageable. Whether you're looking to lower your monthly housing costs or add a strong income producing property to your portfolio with a projected 9%+ cap rate, this duplex offers flexibility, value, and long-term potential. Affordable living, built-in income potential, and a great location make this an opportunity worth seeing. Owner is a licensed real estate broker.
Listed by
Listing Agent - Dave Holmoe
Listing Office - Savings Real Estate & Apprsl
Source: REALTOR® Association of the Sioux Empire mls logo
MLS#22605530 • last updated 1 month ago
Movoto checked REALTOR® Association of the Sioux Empire for data 19 minutes ago
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Overview
Cooling/AC Window Unit(s)
Heating Forced Air, Natural Gas, Two Or More Units
Levels/Style 2
MLS # 22605530
Living Area 1456
Status Active - Active
Lot Size (Sqft) 5807
Lot Size (Acres) 0.1333
Year Built 1904
Interior
Flooring Carpet, Vinyl
Appliances Range, Refrigerator
Exterior
Foundation Other
Roof Composition
Construction Vinyl Siding
Parking Detached
Amenities / Utilities
Water Source Public
Location
County Minnehaha
Subdivision Van Eps Addn
Elementary School Susan B Anthony ES
Middle School Patrick Henry MS
High School District SiouxFalls
High School Lincoln HS
APN 51089
Zoning Not Verified
Multifamily Details
Total # of Units 2
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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42/100
Walk
74/100
Family
60/100
Dining
82/100
Pet
  • Real Estate
  • SD
  • Minnehaha County
  • Sioux Falls
  • 57104
  • 1426 E 17th St

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