$1,300,000

2805 E Bragstad Dr Drive, Sioux Falls, SD 57101

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon8,638sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who have been in place prior to 2020, offering stable cash flow. While not fully updated, these units received new basement flooring in 2024, reducing near-term capital needs while preserving upside through future renovations. Unit mix: Outside units: 4 Bed, 2.5 Bath Middle units: 3 Bed, 2.5 Bath The property also features six garage stalls located behind the buildings, enhancing tenant appeal.

Listing Status:
Active
Data Last Updated:
March 10, 2026 at 7:59PM
Listing Office:
Gateway Real Estate Advisors : 712-226-8000
Listing Agent:
Daniel R Stillson : 712-739-0830
MLS ID:
22600489
  • Appliances: RefrigeratorRange
  • Basement: Full
  • Flooring: CarpetVinyl
  • A/C: Electric
  • Heating: Forced Air
  • Parking: Detached
  • Roofing: Composition
  • General: Vinyl SidingBlock
  • Originating MLS: REALTOR Association of the Sioux Empire
  • School District: Sioux Falls
  • County: Minnehaha
  • Zoning: Lot 2 Block 5 KLONDIKE ADDN TO CITY OF SIOUX FALLS038257
  • Water: Public
  • Sewer: Public Sewer
  • Source: REALTOR Association of the Sioux Empire

This listing courtesy of Daniel R Stillson , Gateway Real Estate Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harvey Dunn Elementary School

2400 S Bahnson Ave, Sioux Falls, SD, 57103

Grades KG-5

0.55 miles away

B

Ben Reifel Middle School

6700 E 41st St, Sioux Falls, SD, 57110

Grades 6-8

2.51 miles away

L

Lincoln High School

2900 S Cliff Ave, Sioux Falls, SD, 57105

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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