Home For Sale In Sioux Falls, South Dakota

house for sale

Listed: 05/05/24

3600 S Cathy Ave, Sioux Falls, South Dakota, 57106

8 Bed:

4 Bath:

3,628 Sq Ft Living Area:

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Price

$ 515,000

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About This House

Investor Opportunity in Sioux Falls! Introducing a promising multi-family property for sale at3600 SCathy Ave, Sioux Falls, SD 57106.Perfect for those interested in rental income opportunities, this 4-plex building houses 2 bedroom and 1 bathroom units, each designed with simplicity and functionality in mind. Two units have been fully renovated and a 3rd is being spruced up now! Updated electrical throughout. This investment isnt just about immediate gains but also potential appreciation due to its strategic location and rising demand in the Sioux Falls area. Whether looking to expand your rental portfolio or stepping into the rental market, this 4-plex presents a perfect opportunity. Take advantage of this chance to own a piece of Sioux Falls' growing multi-family rental market. Don't miss out inquire today and see the potential firsthand!

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Houses for sale in Sioux Falls

Original listing

Sioux Falls Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$307,170 (+4.5%)
Apr 2024	$293,966 (0%)
Mar 2024	$293,966 (0%)
Feb 2024	$293,966 (0%)
Jan 2024	$293,966 (-2%)
Dec 2023	$300,072 (+2.4%)

In May 2024, the asking price for 2 bed houses for sale in/near Sioux Falls, United States averaged $307,170, an increase of 4.5% from the previous month.

Median price trends for properties for sale in Sioux Falls, United States as of May 2024.

Household Income

Median household income: $56,714

Number of households: 69,055

The average household income in Sioux Falls, SD grew from $54,110 to $56,714 in the past year. This data is an estimate based upon 69,055 households in Sioux Falls, SD.
The chart below presents how household income is distributed in Sioux Falls, SD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sioux Falls, SD compared to median property taxes around the country. The prevalent amount of property taxes in Sioux Falls, SD equals $2k-$3k , which is less than the national average.