Here’s your chance to step into real estate investing with this well-maintained duplex, owned by the same owner for 40 years! Whether you’re looking for a house hack opportunity—live in one unit while renting out the other—or want to maximize rental income, this property offers strong potential with a projected 8% Cap Rate and $27,000+ in Gross Revenue. The duplex features two separately metered units: Unit 1 offers 3 bedrooms, 2 baths (including a master bath), and 1,552 sq. ft. of living space, while Unit 2 includes 2 bedrooms, 1 bath, and 675 sq. ft. of living space. Tenants are responsible for Electric and Gas, while the owner covers water and sewer. Additional features include three individual garage stalls for tenant convenience, a furnace and AC that were replaced just three years ago, and shingles that were updated five years ago. Some flooring and paint have also been refreshed. Located in a desirable area close to schools and parks with strong rental demand, this duplex is a fantastic investment opportunity. Don’t miss out—schedule your showing today!
Closed
Price Unknown
301 S Wayland Ave, Sioux Falls, SD 57103
5beds
3baths
2,227sqft
Duplex
Built in 1885
-- sqft lot
$236,200 Zestimate®
$--/sqft
$1,575 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 09:13am
Listed by:
Matt Mulder 605-929-9563,
AMERI/STAR Real Estate, Inc.,
Wes M Vis 605-838-8587,
AMERI/STAR Real Estate, Inc.
Bought with:
Taylor C Welk
Alpine Residential
Source: Realtor Association of the Sioux Empire,MLS#: 22500864

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Natural Gas, Two or More Units, Individual Heat and Air
Cooling
- Central Electric
Appliances
- Included: Dryer, Oven/Range, Refrigerator, Some Units, Washer, Individual Water Heater
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full
Interior area
- Total structure area: 2,227
- Total interior livable area: 2,227 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Stories: 3
- Entry location: Community,Private
Lot
- Size: 5,808 sqft
- Dimensions: 44 x 132
Details
- Parcel number: 043143
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Metal/Vinyl
- Foundation: Concrete Perimeter
- Roof: Other,Shingle Composition
Condition
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Sioux Falls
- Subdivision: Phillips Addn To East Sioux Falls