Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
10,620 sqft

$1,080,000

3900 S Hawthorne Ave, Sioux Falls SD, 57105

Price per sqft$101.69
Built in1973
Property size10,620 sqft
Property typeMulti-family
Listed by Jackson Dorhout with Alpine Residential Listing Contact: [email protected]

Overview

Active

Active - Active

Listed Aug 18, 2026

Updated Aug 19

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!

$7,185/mo

Est. mortgage payment based on a $1,080,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22606360

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.71 Acres
MLS provider logo

Listed by Jackson Dorhout with Alpine Residential Listing Contact: [email protected] 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 8/19/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 REALTOR® Association of the Sioux Empire all rights reserved.

Data last updated on 8/19/2026 at 2:42 AM UTC

Powered by Luxury Presence