218 N Summit Ave, Sioux Falls, SD 57104
Bennett's 1st Addn · Minnehaha County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1975
Living Area
3,432 sq ft
Lot Size
0.15 acres
Lot Dimensions
44x150
Days on Market
2
MLS® Listing#
22603294
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Hawthorne ES
- Middle:
- Patrick Henry MS
- High:
- Lincoln HS
Financial Details
Parcel Number
25922
Directions
10th and Minnesota, W to Summit, N to home.
Affordability Calculator
$85,000
Estimated monthly payment
$2,262/mo
Principal $340,000 · Est. interest $474,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sioux Falls, SD
- $364,386
- Median Listing Price
- 45
- Median Days on Market
- 1,779
- Median Sq Ft
- $195
- Median Price / Sq Ft
- 983
- Active Listings
- This home’s price is 17% above the area median.
- Its price per sq ft is 36% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sioux Falls, SD.
Location
Points of Interest in Sioux Falls, SD
Showing the Sioux Falls area map.
Nearby Schools
St Joseph Cathedral School
Secondary · 0.3 mi away
Hawthorne Elementary School
Elementary · 0.3 mi away
Tea Area School District
Secondary · 0.4 mi away
Axtell Park Middle School
Secondary · 0.6 mi away
Stewart School
Elementary · 0.7 mi away
Empire Baptist Temple
School · 0.8 mi away
Lowell Elementary School
Elementary · 0.8 mi away
Whittier Middle School
Secondary · 1.0 mi away
Teachwell Strive -05
Secondary · 1.1 mi away
Teachwell Solutions
School · 1.1 mi away
Sioux Falls School District Early Childhood Preschool
School · 1.1 mi away
Longfellow Elementary School
Elementary · 1.3 mi away
Garfield Elementary School
Elementary · 1.3 mi away
Sonia Sotomayor Elementary School
Elementary · 1.3 mi away
Jefferson Elementary School
Elementary · 1.3 mi away
Stewart Center, Usf
School · 1.3 mi away
Harrisburg High School
Secondary · 1.4 mi away
All-City Elementary School
Elementary · 1.4 mi away
Christ the King School
School · 1.5 mi away
Terry Redlin Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 623 N Minnesota Ave, Sioux Falls, SD | $299,000 | 3 | 1 | 1,541 |
| 3626 E Siasconset Pl, Sioux Falls, SD | $299,000 | 3 | 3 | 1,730 |
| 5537 E Brennan Dr, Sioux Falls, SD | $299,000 | 3 | 2 | 1,678 |
| 2422 S Main Ave, Sioux Falls, SD | $299,000 | 3 | 2 | 1,702 |
| 5505 W 16th St, Sioux Falls, SD | $299,500 | 3 | 2 | 1,588 |
| 202 N French Ave, Sioux Falls, SD | $299,900 | 4 | — | 1,000 |
Moving Cost Estimate
EXIT Agents in Sioux Falls
Listing Courtesy: Grand Sothebys International Realty
Last Updated: 2026-05-08