Header Image

57103-, SD Sioux Falls, 2805-09 Bragstad Dr E

$1,300,000

  • MLS# 831622
  • Bedrooms N/A
  • Bathrooms 2
  • Total Sq.ft 13,404
  • Property Type Multi-Unit
  • Year Built 1993

Property Description

2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix: Outside units: 4 Bed, 2.5 Bath Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.

Legal: Lot 2 Block 5 KLONDIKE ADDN TO CITY OF SIOUX FALLS
Active

Property Information

  • 831622
  • $1,300,000
  • 2805-09 E Bragstad Dr
  • Surrounding Areas/Other Areas
  • Sioux Falls
  • Minnehaha
  • SD
  • Sale
  • Multi-Unit
  • 13404
  • 6
  • Detached
  • 12
  • 1993
  • 2
  • 57103-
  • 14500

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562)

Property Location

Request Info For MLS #831622

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Mortgage Calculator

This calculator will compute the monthly payment on a mortgage based upon figures you supply.

Subscribe To Our Newsletter

The newsletter is sent periodically and will update you on the latest real estate news and offers.