2800 E Madison St #14, Sioux Falls, SD, 57103
About This Home
This immaculately maintained four-plex is located in a highly desirable area & presents an excellent investment opportunity. The property features four spacious townhome-style units, offering over 5,000 square feet of total multi-unit living space. Each unit includes two bedrooms & one-&-a-half baths & is equipped with central HVAC, walk-in closets, dura-vinyl hardwood flooring, carpet, & the convenience of in-unit washers & dryers. Kitchens come complete with dishwashers, refrigerators, & electric ovens, & onsite parking is available for tenants. The seller currently covers water, sewer, & garbage, while all other utilities are tenant-paid. With its functional layouts & convenient location, this property is a strong option for long-term investment potential.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2015
Materials
- Roof: Composition
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Range,Dishwasher,Disposal,Washer,Dryer,Microwave
Basement
- Basement: None
Features
- Flooring: Carpet,Vinyl
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Details
- Parcel number: 78995
- Zoning: Not Verified
Features
- Stories: 2
- Entry location: Private
Lot
- Lot size: 0.40 Acres
- Lot size dimensions: 120x144
Parking
- Parking features: Paved
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
- Ice Storm
- Tornado
- Cold Wave
- Strong Wind
- Winter Weather
- Hail
- Heat Wave
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 | $3,236 | $38,832 |
| Home Insurance | $421 | $5,052 |
| Property Taxes | $565 | $6,780 |
| Electricity | $397 | $4,766 |
| Total | $4,619 | $55,428 |
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 |
|---|---|---|
| 2026-05-11 | Price change | $650,000 |
| 2025-12-29 | Listed for sale | $685,000 |
| 2017-01-27 | Sold | $479,000 |
For Sale by Agent
View on Zillow