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3,312 sqft

$425,000

218 N Summit Ave, Sioux Falls SD, 57104

Price per sqft$128.32
Built in1975
Property size3,312 sqft
Property typeMulti-family
Listed by Dana Fisher with Grand Sothebys International Realty Listing Contact: [email protected]

Overview

Active

Active - Active

Listed May 8, 2026

Updated Jun 9

Located in the heart of the historic Pettigrew Heights neighborhood, this well-built fourplex offers an exceptional investment opportunity just blocks from downtown Sioux Falls. Featuring four spacious apartments with a strong rental history, this property combines classic character with reliable income potential. Tenants enjoy the convenience of onsite coin-operated laundry, providing both a desirable amenity and additional revenue stream for ownership. The building is non-smoking and equipped with a coded entry system for added security and convenience. Ample off-street parking is available from the rear alley, adding to tenant appeal and functionality. With its prime location near dining, shopping, entertainment, and downtown amenities, this is a rare opportunity to own a solid multi-family asset in one of the city’s most sought-after neighborhoods.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

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

Additional information

MLS® ID
22603294

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Dana Fisher with Grand Sothebys International Realty Listing Contact: [email protected] 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 6/9/2026. 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 6/9/2026 at 10:29 AM UTC

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