This well-maintained triplex features two 2 bedroom and 1 bath units, plus a cozy 1 bedroom 1 bath unit. Centrally located and just minutes from all Sioux Falls has to offer. Each unit is separately metered, so tenants cover their own electricity, while the landlord pays for gas and water. Tons of off-street parking out back, coin op laundry for additional income, and great rental history. With numerous updates throughout this is an ideal acquisition for investors seeking to expand their portfolio or for first-time investors looking to house-hack their way in.
Multi-familyProperty Type
1890Year Built
7,501 sq ftLot Size
$111Est. Price/Sq.Ft.
Listed by Blake Bohner• 605 Real Estate LLC
Listed by Ryan Olson• 605 Real Estate LLC
Bought with Keegen Kleinwolterink• Keller Williams Realty Sioux Falls
REALTOR® Association of the Sioux Empire #22504254
Jul 10, 2025
Sold
$253,000
$105/sq ft
Jun 5, 2025
Listed
$265,000
$110/sq ft
REALTOR® Association of the Sioux Empire #22407188
Dec 2, 2024
Listing Removed
—
Oct 1, 2024
Listed
$265,000
$110/sq ft
APPFOLIO #2
Aug 9, 2024
Rental Removed
$850
$0/sq ft
Jul 10, 2024
Listed for Rent
$850
$0/sq ft
RENT. #1
Apr 17, 2022
Price Changed
$800
$0/sq ft
Public Records
Nov 13, 2020
Sold
$190,000
$79/sq ft
REALTOR® Association of the Sioux Empire #22006329
Oct 6, 2020
Listed
$199,900
$83/sq ft
+20
Well maintained triplex. Each unit pays their own utility bill except for water, sewer and garbage. Main floor unit has 2 bedrooms plus a full bath. Roomy living room and kitchen with small pantry and extra cupboards. Wood laminate flooring except in bathroom. Most widows are updates. This unit has a gas furnace and central air. Upper unit was remodeled in 2019 and now has a large master bedroom with extra storage over the steps up to the unit. Large living room and galley kitchen are ceramic tile and cupboards were updated as well. 2nd bedroom has wood laminate flooring. Many newer windows. The unit has electric basement board heat and 1 wall AC Basement apartment has ceramic tile in kitchen and full bath and has 1 bedroom and full bath. Electric baseboard heat and window AC. Owner is a licensed real estate agent.
Public Records
Mar 15, 2007
Sold
$88,000
$36/sq ft
REALTOR® Association of the Sioux Empire #167705
Dec 19, 2006
Listed
$95,000
$39/sq ft
REALTOR® Association of the Sioux Empire #156585
Sep 30, 2006
Listing Removed
—
Nov 22, 2005
Listed
$99,000
$41/sq ft
REALTOR® Association of the Sioux Empire #140059
Nov 1, 2004
Listing Removed
—
Jan 5, 2004
Listed
$99,900
$41/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,642 (−4.4%)
$32,800 + $145,200
$178,000
2024
$2,762 (+7.9%)
$32,800 + $122,700
$155,500
2023
$2,559 (−28.1%)
$32,800 + $128,100
$160,900
2022
$3,562 (+50.1%)
$30,200 + $159,400
$189,600
2021
$2,374 (+3.7%)
$30,200 + $89,400
$119,600
2019
$2,289 (+9.8%)
$22,100 + $90,771
$112,871
2018
$2,086 (+6.2%)
$22,100 + $80,654
$102,754
2017
$1,965 (+32.1%)
$22,100 + $73,384
$95,484
2013
$1,487
$19,500 + $69,333
$88,833
Tax history for 609 S Spring Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,642 (−4.4%)
$32,800 + $145,200
$178,000
2024
$2,762 (+7.9%)
$32,800 + $122,700
$155,500
2023
$2,559 (−28.1%)
$32,800 + $128,100
$160,900
2022
$3,562 (+50.1%)
$30,200 + $159,400
$189,600
2021
$2,374 (+3.7%)
$30,200 + $89,400
$119,600
2019
$2,289 (+9.8%)
$22,100 + $90,771
$112,871
2018
$2,086 (+6.2%)
$22,100 + $80,654
$102,754
2017
$1,965 (+32.1%)
$22,100 + $73,384
$95,484
2013
$1,487
$19,500 + $69,333
$88,833
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1982
Sq. Ft.
2,289
Year built
1890
Style
Other
County
Minnehaha County
APN
034038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
Property details
Parking
Parking And Garage Info
Parking: Off Side Street
Garage Comments: Only off street parking available.
Interior
Heating & Cooling
Heating: Forced Air, Baseboard, Natural Gas, Electric
Air Conditioning: Central Electric, Window Unit
Interior Features
Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Microwave, Some Units