1305 S Spring Ave Avenue, Sioux Falls, SD 57104

• 2,615 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, 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.

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 7:57AM

Listing Office:

605 Real Estate LLC : 605-759-4294

Listing Agent:

Blake C Bohner : 605-251-7944

MLS ID:

22602266

Interior

• Appliances: RefrigeratorRangeWasherDryer
• Basement: Full
• Flooring: CarpetLaminate
• A/C: Window Unit(s)
• Heating: Natural Gas

Exterior

• Parking: None

Construction

• Roofing: Composition
• General: Vinyl SidingBlock

Location

• Originating MLS: REALTOR Association of the Sioux Empire
• School District: Sioux Falls
• County: Minnehaha

Lot

• Zoning: S 54' E 88' NE1/4 (EX S 4.55' E 42.25' & W 43.90' E 86.15' S 13.80') Block 31 PARK ADDN TO CITY OF S41588

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: REALTOR Association of the Sioux Empire