220 S Lincoln Ave, Sioux Falls, SD, 57104

About This Home

220 S Lincoln Ave, Sioux Falls, SD is currently being offered under owner control at pre-remodel pricing below market value. This pricing reflects the property strictly in its current as-is condition and is being made available prior to any renovation or repositioning. Once improvements begin, the property will be updated and listed on the MLS at full market value consistent with comparable sales. Q4 2025 comparable sales support an approximate stabilized value around $120,000 after updates. If this property were already rent-ready or turnkey, it would already be priced accordingly at market level. Property summary: • 1 bedroom / 1 bathroom single-family home • 460 sq ft structure • 5,806 sq ft lot • Built 1941 • Approximately 5 minutes from downtown Sioux Falls and Phillips Avenue corridor • Quick access to I-29 via W 12th St • Mature yard with surrounding tree coverage This is a value-add acquisition opportunity. The pricing reflects renovation upside available to an investor purchasing prior to repositioning. Once renovation work begins, the pricing strategy will change and the property will be marketed at market-supported valuation. If you are looking for an as-is acquisition with upside potential prior to MLS exposure, this is the window to secure it. Please let me know if you would like to review details or discuss next steps.