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2805 E Bragstad Dr, 
Sioux Falls, SD 57101

$1,120,000


Bed


Bath


5,000

Sq Ft


Multi-Family

Sold

Listed by

Daniel Stillson

Gateway Real Estate Advisors

daniel@gatewayreadvisors.com

MLS#

22600489

Source:

SD RASE

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About This Home

2805 E Bragstad Dr

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.

Home Facts

Multi-Family

Built in 1993

Subdivision & Development:

Klondike Addn

Price Summary

1,290,000

$258 per Sq. Ft.

MLS #:

22600489

Sold:

July 9, 2026


Rooms & Interior

Interior

Living Area:

5,000 Sq. Ft.


Structure

Structure

Year Built:

1993


Lot

Lot Size (Sq. Ft):

8,637


Finances & Disclosures

Finances

Price:

$1,290,000

Price per Sq. Ft:

$258 per Sq. Ft.

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