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  • 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

    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!

    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#: 22500864MLS Logo

    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
    Services availability