309 N Sherman Ave, Sioux Falls, SD, 57103
About This Home
FOR SALE BY OWNER — Fixer Upper / Prime Flip Opportunity 309 N Sherman Ave, Sioux Falls, SD Asking Price: $130,000 Estimated After Repair Value (ARV): $220,000–$240,000 Investors and flippers — the numbers work on this one. Comparable updated homes in this area are selling at $220K–$240K. Buy at $130K, renovate, and you're looking at a potential $80,000–$100,000+ spread. WHAT YOU GET: Classic 2-story craftsman-style home with great bones Multiple bedrooms on main and upper floors with closets Open main floor with hardwood floors and peninsula breakfast bar Full bath with tub/shower combo Finished basement with large rec room and storage rooms Brand new Carrier high-efficiency furnace already installed — big ticket item done Detached garage in back Covered front porch entry Needs cosmetic work — flooring, paint, bathroom refresh, yard cleanup. Sold as-is. Cash or hard money preferred. No agent fees — deal direct with owner. Text for more info: 605.360.3181
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Foundation: Concrete
- Roof: Asphalt
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Forced air,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 1,442 sqft
Property
Details
- Parcel number: 30238
Features
- Exterior features: Wood
Lot
- Lot size: 5,793 sqft
Parking
- Parking features: Garage - 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
- Cold Wave
- Ice Storm
- Tornado
- Strong Wind
- Winter Weather
- 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 | $657 | $7,884 |
| Home Insurance | $85 | $1,020 |
| Property Taxes | $171 | $2,052 |
| Electricity | $146 | $1,755 |
| Total | $1,059 | $12,708 |
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 |
|---|---|---|
| 2026-05-30 | Listed for sale | $130,000 |
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