227 N Spring Ave, Sioux Falls, SD, 57104
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1921
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Stucco,HardiPlank Type
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Range,Washer,Dryer
Features
- Flooring: Wood,Laminate
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 1,966
- Total interior livable area: 1,966 sqft
Property
Details
- Parcel number: 25869
Features
- Stories: 2
- Entry location: Other
Lot
- Lot size: 3,693 sqft
- Lot size dimensions: 44X84
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
- 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 | $1,718 | $20,616 |
| Home Insurance | $262 | $3,144 |
| Property Taxes | $451 | $5,412 |
| Electricity | $150 | $1,802 |
| Total | $2,581 | $30,972 |
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 |
|---|---|---|
| 2026-03-10 | Price change | $339,900 |
| 2026-01-02 | Price change | $349,900 |
| 2025-09-19 | Listed for sale | $364,900 |
| 2025-09-18 | Listing removed | $374,900 |
| 2025-06-27 | Listed for sale | $374,900 |
| 2025-06-26 | Listing removed | $374,900 |
| 2025-06-09 | Price change | $374,900 |
| 2025-05-01 | Listed for sale | $390,000 |
| 2023-10-30 | Listing removed | -- |
| 2023-05-05 | Sold | $337,000 |
| 2023-01-27 | Listed for sale | $349,900 |
| 2022-12-19 | Listing removed | -- |
| 2022-08-12 | Listed for sale | $400,000 |
| 2021-09-08 | Listing removed | -- |
| 2021-06-02 | Listed for sale | $270,000 |
| 2016-04-22 | Listing removed | $139,900 |
| 2015-09-29 | Listed for sale | $139,900 |
| 2013-03-01 | Sold | $115,250 |
| 2012-12-22 | Listed for sale | $119,900 |
| 2012-10-02 | Listing removed | $137,500 |
| 2012-06-02 | Listed for sale | $137,500 |
| 2012-03-02 | Listing removed | $137,500 |
| 2012-02-04 | Listed for sale | $137,500 |
| 2011-06-18 | Listing removed | $137,500 |
| 2011-03-13 | Listed for sale | $137,500 |
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