INVESTOR ALERT! This is the perfect property to build your rental portfolio and to manage your own business. Property has been pre-inspected and the current owner repaired everything that was on the target list. You will appreciate the character of the original hardwood floor, wood beamed dining room and French doors to sunrooms. All three bedrooms are upstairs on the same floor. The basement has high ceilings and lots of room to store extra belongings. CAP rate of 7.25% and also would make a great owner occupied property. NO NEED FOR A STORAGE UNIT IN ANOTHER LOCATION!
Sold for $317,000 on 04/01/25
$317,000
736 S Summit Ave, Sioux Falls, SD 57104
--beds
--baths
2,834sqft
Multi Family
Built in 1916
-- sqft lot
$319,400 Zestimate®
$112/sqft
$1,065 Estimated rent
Home value
$319,400
$303,000 - $335,000
$1,065/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 01, 2025 at 02:26pm
Listed by:
Marlys M Fisher,
AMERI/STAR Real Estate, Inc.
Bought with:
Laken A Atwood
Source: Realtor Association of the Sioux Empire,MLS#: 22500732
Facts & features
Interior
Heating
- Forced Air
Cooling
- Electric
Appliances
- Included: Refrigerator, Range, Washer, Dryer
Features
- Flooring: Carpet, Tile, Wood, Vinyl, Concrete
- Basement: Unfinished
Interior area
- Total interior livable area: 2,834 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 2
- Entry location: Private
Lot
- Size: 4,160 sqft
- Dimensions: 52x80
Details
- Parcel number: 38708
- Zoning: RD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Sioux Falls
- Subdivision: Lewis Addn
Other
Other facts
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Listing removed | $319,900+0.9%$113/sqft |
Source:  Realtor Association of the Sioux Empire #22307288 | ||
| 4/1/2025 | Sold | $317,000-2.4%$112/sqft |
Source: Realtor Association of the Sioux Empire #22500732 | ||
| 1/31/2025 | Listed for sale | $324,900+1.6%$115/sqft |
Source: Realtor Association of the Sioux Empire #22500732 | ||
| 12/29/2023 | Listing removed | -- |
Source: Realtor Association of the Sioux Empire #22307288 | ||
| 11/1/2023 | Listed for sale | $319,900-5.9%$113/sqft |
Source: Realtor Association of the Sioux Empire #22307288 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,374 +23% | $269,400 +32.5% |
| 2023 | $3,555 -2.9% | $203,300 +2.5% |
| 2022 | $3,663 +11.5% | $198,300 +14.3% |
Find assessor info on the county website
Neighborhood: Pettigrew Heights
Nearby schools
GreatSchools rating
- 3/10Lowell Elementary - 28Grades: K-5Distance: 0.1 mi
- 6/10Edison Middle School - 06Grades: 6-8Distance: 1.1 mi
- 5/10Roosevelt High School - 03Grades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Lowell ES
- Middle: Edison MS
- High: Washington HS
- District: Sioux Falls
Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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