227 N Spring Ave Sioux Falls, SD 57104
Cathedral NeighborhoodEstimated payment $2,071/month
Highlights
- Wood Flooring
- Patrick Henry Middle School Rated A-
- 3-minute walk to Van Eps Park
About This Home
Step into timeless character with this beautifully maintained triplex located in the heart of Sioux Falls. Blending historic charm with thoughtful modern updates, this property offers a fantastic opportunity for investors or owner-occupants looking for income potential. Each unit features original hardwood floors that showcase the home’s classic character, along with spacious living areas filled with natural light. Updated kitchens include contemporary finishes and essential appliances, providing both style and everyday functionality. Designed with comfort and privacy in mind, all three units offer generous layouts that maximize living space. Outside, the property boasts attractive curb appeal with well-maintained landscaping. Conveniently located near parks, dining, shopping, and downtown amenities, this triplex offers a rare opportunity to own a charming, income-producing property in one of Sioux Falls’ most desirable areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,058
Year Built
- Built in 1921
Lot Details
- 3,696 Sq Ft Lot
- Lot Dimensions are 44x84
Home Design
- Block Foundation
- Composition Roof
Interior Spaces
- 1,966 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Flooring
- Wood
- Laminate
Laundry
- Dryer
- Washer
Schools
- Hawthorne Elementary School
- Mcgregor Middle School
- Thomas Jefferson High School
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Bennett's 1St Addn Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,006 | $182,700 | $12,800 | $169,900 |
| 2023 | $2,993 | $170,100 | $12,800 | $157,300 |
| 2022 | $2,797 | $150,100 | $10,200 | $139,900 |
| 2021 | $2,637 | $149,100 | $0 | $0 |
| 2020 | $2,637 | $136,300 | $0 | $0 |
| 2019 | $3,281 | $167,160 | $0 | $0 |
| 2018 | $2,762 | $146,878 | $0 | $0 |
| 2017 | $2,778 | $140,354 | $9,884 | $130,470 |
| 2016 | $2,778 | $139,530 | $9,060 | $130,470 |
| 2015 | $2,773 | $131,814 | $9,060 | $122,754 |
| 2014 | $2,473 | $131,814 | $9,060 | $122,754 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $339,900 | -- | $173 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22601670
APN: 25832
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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Ask me questions while you tour the home.