




1035 N Spring Ave, Sioux Falls, SD, 57104
About This Home
This fully furnished four-plex was extensively updated and remodeled in 2009. The property is currently operated as mid-term housing for traveling nurses and has also been successfully utilized in the past as an Airbnb investment property. We have owned this property for 17 years, and it has performed very well for us over that time. Please contract us for more information and a P&L for the first 6 months of 2026.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Crawl/Raised
- Roof: Asphalt
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
Interior
Appliances
- Appliances included: Dryer,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- 3/4 bathrooms: 4
Features
- Flooring: Tile,Hardwood
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Wall
Interior Area
- Total interior livable area: 2,256 sqft
Property
Details
- Parcel number: 27466
Features
- Exterior features: Vinyl
- Has spa: Yes
- Has view: Yes
- View description: City
Lot
- Lot size: 0.32 Acres
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
- Cold Wave
- Ice Storm
- Tornado
- Winter Weather
- 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 | $2,422 | $29,064 |
| Home Insurance | $370 | $4,440 |
| Property Taxes | $645 | $7,740 |
| Electricity | $172 | $2,067 |
| Total | $3,609 | $43,308 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-02 | Listed for sale | $479,000 |
| 2026-01-13 | Listing removed | $499,900 |
| 2025-10-08 | Price change | $499,900 |
| 2025-07-11 | Price change | $529,900 |
| 2025-04-23 | Listed for sale | $549,900 |
| 2024-09-30 | Listing removed | $545,900 |
| 2024-08-27 | Listed for sale | $545,900 |
| 2024-01-02 | Listing removed | -- |
| 2023-11-06 | Price change | $579,900 |
| 2023-08-16 | Listed for sale | $624,900 |
| 2008-09-30 | Sold | $56,000 |
