Listed price in listed location currency (USD).
$965,000

000

MLS® 22607700

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 14244 sqft
Garage No
HOA Fees 
Taxes $14,606
Days Active 4
Approx. Age 1972
Avg. Price Per Sqft $67
MLS® Number 22607700

Property Address: 205 207 N Eastern Ave Avenue, Hartford, SD, 57033

Average square foot calculated using Size range provided by listing agent.

Description

Much of the renovation work is done. The opportunity to improve performance remains. Offered at $965, 000—approximately $60, 313 per unit—205 and 207 N Eastern Avenue combine 16 apartments across two buildings in Hartford, just outside Sioux Falls. The property features fourteen two-bedroom units and two one-bedroom units, with approximately 75% reportedly fully renovated. Updated boilers, recent exterior paint, and a new roof on 207 N Eastern complement the interior improvements. With 13 units occupied and three available for lease-up, buyers have a tangible path to increasing income through occupancy stabilization, targeted improvements, and disciplined management. On-site parking, common laundry, and proximity to West Central schools and neighborhood recreation add to the rental offering. The illustrative stabilized pro forma projects approximately $82, 900 in annual NOI at the stated market rents and 5% vacancy—an 8.59% yield on the asking price, before financing and capital expenditures. For an investor prepared to complete the remaining work and execute the lease-up, this offering combines an accessible acquisition basis with a clear opportunity to strengthen long-term performance. Financial projections and property information are subject to buyer verification.
MLS® Number22607700
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Baseboard, Natural Gas
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2026List Date
$965,000List Price
  • Commute

Commute

Starting Address
Destination Address
205 207 N Eastern Ave Avenue, Hartford, SD

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