324 N Nesmith Ave, Sioux Falls, SD, 57103
About This Home
HELLO DOWNTOWN SIOUX FALLS! Enjoy the convenience of downtown living—without the noise and close quarters of apartment life. This move-in-ready three-bedroom, one-bathroom home offers the perfect blend of comfort, space, and location. Situated near the bike trail, the new Pomegranate Market, Levitt, Falls Park and other local amenities, you’ll love how easy it is to enjoy everything downtown has to offer. Walk downtown for dinner at the Steel District, to have a drink at Wiley's or catch a movie at the State Theatre all just minutes away. The main floor features a bright living room, an eat-in kitchen with brand-new cabinets, countertops, and stainless steel appliances, plus convenient main-floor laundry with washer and dryer included. You’ll find three bedrooms on one level and a full bathroom on the main floor. Enjoy outdoor living on the large backyard deck and take advantage of the fenced yard with easy access to the oversized, detached two-car garage. The unfinished basement includes egress windows and is ready for your finishing touches, with space for two additional bedrooms, a family room, and a second bathroom. Originally built in 1975, the home was moved to this location in 2024 and completely renovated. Updates include a new foundation, siding, roof, HVAC, plumbing, electrical, water heater, interior and exterior paint, decks, doors and windows, cabinets and vanities, flooring, gutters, and more. This is a perfect opportunity for a first-time homebuyer who loves the downtown lifestyle. There are no asset limits for buyers of this property. There will not be any deed restrictions on the mortgage requiring you to own or live in the home for a certain number of years, and the home can be sold to anyone after it is purchased, regardless of their income, including homeowners or investors. Income Restrictions (Maximum Gross Household Income): 1 Person: $62,850 2 Person: $71,800 3 Person: $80,800 4 Person: $89,750 5 Person: $96,950 6 Person: $104,150 7 Person: $111,300 8 Person: $118,500 Pictures have been staged to show possible layouts.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Roof: Composition
- Construction materials: Hard Board
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Features
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,069
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,069 sqft
Property
Details
- Parcel number: 29634
Features
- Patio & porch: Deck
- Fencing: Privacy
Lot
- Lot size: 6,146 sqft
- Lot size dimensions: 44X141
Parking
- Total spaces: 2
- Parking features: Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Inland Flooding
- 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 | $1,263 | $15,156 |
| Home Insurance | $164 | $1,968 |
| Property Taxes | $344 | $4,128 |
| Electricity | $146 | $1,755 |
| Total | $1,917 | $23,004 |
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 |
|---|---|---|
| 2026-03-25 | Price change | $249,900 |
| 2026-01-15 | Listed for sale | $255,000 |
| 2026-01-02 | Listing removed | $260,000 |
| 2025-11-20 | Price change | $260,000 |
| 2025-10-20 | Listed for sale | $270,000 |
| 2025-10-10 | Listing removed | $270,000 |
| 2025-07-29 | Listed for sale | $270,000 |
| 2022-12-29 | Sold | $40,000 |
For Sale by Agent
View on Zillow