21 days on rocket

1118 W 8th St, Sioux Falls, SD, 57104

$379,000

Home List Price

$4,501*

Closing Credit

0 Baths
House
Schools Nearby

Location

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1118 W 8th St, Sioux Falls$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1919
HeatingForced Air
CoolingWindow Unit(s)
MLS #22403353
StatusActive

About 1118 W 8th St

Come check out this cash-flowing 5-plex. All units are 1 bedroom and 1 bathroom. The monthly rent is $3430 per month with theopportunity to rent out the garage for additional income. Many of the big ticket items have been recently replaced including a new roof,and freshly painted siding. Most units are under market rent with a great opportunity for incoming owner to value-add!

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 2

Listing Office:

  • Office Name: Results Real Estate
  • Listing Agent: Chris Chase

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Flooring Type: Carpet, Vinyl, Laminate

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Use maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000

Tax Information:

  • Annual Amount: $3,032
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sioux Falls, SD.

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Sioux Falls, SD

City

Med. List Price

$363.5K

Med. Price/SqFt

$201

Avg. Days On Market

60

1118 W 8th St vs Sioux Falls

21 DAYS ON ROCKET

-39 Days

$379,000

+$15.4K More

KEY TAKEAWAY

This property is $15.4K more than the Median List Price in Sioux Falls, SD.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #22403353

Listing Office:

  • Office Name: Results Real Estate
  • Listing Agent: Chris Chase

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 4:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,032$155,300
2019$2,569$127,999
2018$2,473$123,924

History based on county public records data.

Payment Calculator

$1,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3826969
3
/10

  • Hawthorne Elementary - 56

  • 601 N Spring Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-3826970
3
/10

  • Lowell Elementary - 28

  • 710 W 18th St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-3826971
9
/10

  • Challenge Center - 51

  • 2421 W 15th St

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,317. Residents of Sioux Falls, SD typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1118 W 8th St

What is the listing price of this property?

The listing price of 1118 W 8th St property is $379,000.

What type of property is this?

The property 1118 W 8th St is a house located in Sioux Falls, South Dakota, 57104.

Is this property for sale now?

Active Listing: 1118 W 8th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,032 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1118 W 8th St is 1919.

Rocket Homes›South Dakota›Minnehaha County›Sioux Falls›57104›1118 W 8th St

This home is located at 1118 W 8th St in Sioux Falls, SD and zip code 57104 in the Axtell Park / Lincoln Elementary neighborhood. This home was built in 1919. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $379,000.

In April 2024 in Sioux Falls, SD there were 89.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 60 days, the median list price was $363,570.

From Rocket Homes Real Estate and based on county public records data.

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