521 S Menlo Ave, Sioux Falls, SD, 57104
About This Home
Income-producing triplex opportunity in central Sioux Falls! This property features three 1-bed, 1-bath units, offering a great investment for owner-occupants or investors alike. Two units are currently occupied—ability for setting new rents or living in one while leasing the others. Each unit offers easy-maintenance laminate flooring throughout, creating a clean and modern feel. Convenient off-alley parking provides tenants with accessible and private spaces. Located near downtown, parks, and shopping, this property combines affordability and location with great potential for cash flow! All new vinyl windows throughout in 2024!
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1942
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Range
Basement
- Has basement: Yes
- Basement: Full
Features
- Flooring: Laminate
Heating
- Heating features: Forced Air
Interior Area
- Total interior livable area: 1,187 sqft
Property
Details
- Parcel number: 31517
Features
- Stories: 2
- Entry location: Private
Lot
- Lot size: 4,639 sqft
- Lot size dimensions: 140x32
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Ice Storm
- Winter Weather
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Minnehaha County and South Dakota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $732 | $8,784 |
| Home Insurance | $111 | $1,332 |
| Property Taxes | $190 | $2,280 |
| Electricity | $146 | $1,755 |
| Total | $1,179 | $14,148 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $144,900 |
| 2026-02-14 | Listing removed | $149,900 |
| 2026-01-27 | Pending sale | $149,900 |
| 2025-12-04 | Listed for sale | $149,900 |
| 2025-12-04 | Listing removed | $164,900 |
| 2025-10-07 | Listed for sale | $164,900 |
| 2021-02-28 | Listing removed | -- |
| 2020-11-23 | Listing removed | $500 |
| 2020-11-19 | Listed for rent | $500 |
| 2020-06-02 | Listing removed | $500 |
| 2020-05-30 | Listed for rent | $500 |
| 2020-03-30 | Listing removed | $500 |
| 2020-03-22 | Listed for rent | $500 |
| 2019-12-26 | Listing removed | $500 |
| 2019-12-19 | Listed for rent | $500 |
| 2019-10-11 | Sold | $122,000 |
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