3505 S Hawthorne Ave, Sioux Falls, SD, 57105
About This Home
Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns. A solid addition to any investment portfolio with dependable cash flow and value-add potential. Don’t miss your chance to own this income-producing multifamily property—schedule your showing or request financial details today!
Getting Around
Very Walkable
Minimal Transit
BikeableSchools
Construction
Condition
- Year built: 1973
Materials
- Roof: Other
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Range
Basement
- Has basement: Yes
- Basement: Partial
Features
- Flooring: Carpet,Vinyl,Laminate
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Other
Interior Area
- Total interior livable area: 3,552 sqft
Property
Details
- Parcel number: 26368
- Zoning: Other
Features
- Stories: 2
- Entry location: Community
Lot
- Lot size: 0.47 Acres
- Lot size dimensions: 127x162
Parking
- Parking features: Detached
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
- Winter Weather
- Cold Wave
- Inland Flooding
- Strong Wind
- 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 | $3,842 | $46,104 |
| Home Insurance | $552 | $6,624 |
| Property Taxes | $671 | $8,052 |
| Electricity | $271 | $3,255 |
| Total | $5,336 | $64,032 |
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 |
|---|---|---|
| 2026-05-09 | Listed for sale | $760,000 |
| 2021-03-11 | Listing removed | -- |
| 2021-03-05 | Listed for rent | $750 |
For Sale by Agent
View on Zillow