202 N French Ave, Sioux Falls, SD
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.
Property Address
Open on Google Maps- Address 202 N French Ave
- City Sioux Falls
- State/county SD
- Zip/Postal Code 57103-1329
Property Details
- Property ID: 831620
- Price: $324,900
- Property Size: 2000 Sq Ft
- Year Built: 1916
- Property Type: Multi-Family
- Taxes: $2688
MLS Information
| Below Grade Finished Square Feet | 0 |
| Contingency Type | None |
| County | Minnehaha |
| Legal Description | (EX E59.5) Lot 22 Block 1 GREATER SIOUX FALLS ADDN TO CITY OF SIOUX FALLS |
| Main Square Feet | 2000 |
| Rental Income | 39900 |
| Rented | Yes |
| Tax Year | 2024 |
| Units | 2 |
| Water Type | City |
| Zoning | res |
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.
