202 N French Ave, Sioux Falls, SD

202 N French Ave, Sioux Falls, SD - Get Directions
 

Details

 

$324,900

Multi-Family

  • Property ID 831620
  • Total Sq. Ft. 2000 Sq Ft
  • Acres 0.08 Acres
  • Year Built 1916
  • Property Status For Sale
  • Taxes $2688

Description

202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD. This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a turnkey solution for investors seeking minimal management and strong tenant demand. The property received a new roof in 2022, reducing near-term capital expenditure and enhancing long-term durability.

 

MLS Information

 
Below Grade Finished Square Feet0
Contingency TypeNone
CountyMinnehaha
Legal Description(EX E59.5) Lot 22 Block 1 GREATER SIOUX FALLS ADDN TO CITY OF SIOUX FALLS
Main Square Feet2000
Rental Income39900
RentedYes
Tax Year2024
Units2
Water TypeCity
Zoningres

MLS#: 831620; Listing Provided Courtesy of Gateway Real Estate Advisors (712-226-8000) via Northwest Iowa Regional Board of REALTORS. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

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