$475,000
213 S Spring Ave , Sioux Falls, SD 57104
- 3,230
- sqft
- 1937
- year built
- Status:
- Active
- MLS #:
- 22603149
- Neighborhood:
- Bennetts 1st
- County:
- Minnehaha
- Listed By:
- Danielle Konechne - Grand Sothebys International Realty
- Office Phone:
- (605) 799-3700
- Agent Email:
- danielle@grandsothebysrealty.com
Sponsoring Broker: Gregg Gohl, Hegg Realty
Rare opportunity to acquire a well-maintained 5-unit investment property in the heart of central Sioux Falls. Positioned near downtown amenities, employment centers, parks, shopping, and dining, this classic multifamily asset offers both immediate income and long-term upside. Each unit is configured as a one-bedroom, one-bath residence, creating broad rental appeal and a straightforward management profile. This property carries the kind of character downtown investors always looking for, blending vintage charm with practical functionality. With a strong in-town location, consistent demand for one-bedroom housing, and room to further optimize performance over time, 213 S Spring presents an attractive opportunity for both seasoned investors and those looking to expand their portfolio with a clean, centrally located asset.
Highlights
- Residential Income
- Multi Family
- Built in 1937
- 0.1515 Acre Lot
- 192 days on Market
-
- Year Built
- 1937
-
- Stories
- 2.0
-
- Construction Materials
- Wood Siding
-
- Foundation
- Block
-
- Parking Features
- Paved
-
- Living Area
- 3230.0
-
- Appliances
- Refrigerator, Range
-
- Flooring
- Tile, Carpet, Wood
-
- Security Features
- Smoke Detector(s), Gated with Guard
-
- Cooling
- Window Unit(s)
-
- Heating
- Natural Gas
-
- Basement
- Full, Unfinished
-
- Acres
- 0.1515
-
- Water
- Public
-
- County
- Minnehaha
-
- City
- Sioux Falls
-
- Neighborhood
- Bennetts 1st
-
- Zip Code
- 57104
-
- High School
- Thomas Jefferson High School
-
- Middle School
- George McGovern MS - Sioux Falls
-
- Elementary School
- Lowell ES
-
Ask a Question
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preferred mortgage partner
your partner for Minnehaha county
Dave Kelly
Company NMLS #: 2289
LO NMLS #: 509205
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Price History
| 07/28/2022 | Sold | $439,000 |
| Source: REALTOR Association of the Sioux Empire #22202885 | ||
| 07/27/2022 | Price Changed | $439,000 |
| Source: REALTOR Association of the Sioux Empire #22202885 | ||
| Listed | $450,000 | |
| Source: REALTOR Association of the Sioux Empire #22202885 | ||
| 10/16/2026 | Price Changed | $475,000 |
| Source: REALTOR Association of the Sioux Empire #22603149 | ||
| 05/05/2026 | Listed | $499,000 |
| Source: REALTOR Association of the Sioux Empire #22603149 | ||
| 05/24/2022 | Off Market | — |
| Source: REALTOR Association of the Sioux Empire #22202885 | ||
Source: MLS Data
Deed History
| 07/29/2022 | Warranty Deed | $439,000 |
| 10/15/2013 | Warranty Deed | $0 |
| 08/01/2013 | Personal Representatives Deed | $72,500 |
Source: Public records via Constellation Data Labs
Mortgage History
| 07/29/2022 | Open End with Future Advance Clause / Open End Mortgage | $351,200 |
| 08/01/2013 | Commercial | $230,000 |
Source: Public records via Constellation Data Labs
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There are currently 1529 properties available in Sioux Falls, with 0 under contract to close soon. Properties in the city have an average sale price of $419,482 and typically spend 68 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 213 S Spring Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 213 S Spring Ave.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 213 S Spring Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $475,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Sioux Falls, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 213 S Spring Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 213 S Spring Ave at around $2,703. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 213 S Spring Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Minnehaha County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 213 S Spring Ave?
In most cases, yes. Whether 213 S Spring Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Sioux Falls's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 213 S Spring Ave?
We can handle that for you. Our preferred local agent specializes in residential incomes in Sioux Falls and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $475,000 with 3,230 sqft of space—that comes out to approximately $147 per square foot.
How long has this property been on the market?
213 S Spring Ave was listed on May 05, 2026, which means it's been on the market for 192 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1937, making it approximately 89 years old.
What is the lot size of this property?
213 S Spring Ave sits on a 0.15-acre lot, which is 6,534 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Lowell ES
- Middle: George McGovern MS - Sioux Falls
- High: Thomas Jefferson High School
Want to see how these schools compare? Check out our Minnehaha County School Guide to see ratings, reviews, and more for the schools in the area.
Is 213 S Spring Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.
Last Updated: November 13, 2026 at 10:51AM | Source: REALTOR Association of the Sioux Empire | MLS#: 22603149