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3900 S Hawthorne Ave, 
Sioux Falls, SD 57105

$1,170,000

—

Bed

—

Bath

10,620

Sq Ft

Multi-Family

Active

Listed by

Jackson Dorhout

Alpine Residential

Jackson@thinkalpine.com

Last updated:

May 8, 2026, 02:28 PM

MLS#

22600771

Source:

SD RASE

About This Home

3900 S Hawthorne Ave

Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!

Home Facts

Multi-Family

Built in 1973

Price Summary

1,170,000

$110 per Sq. Ft.

MLS #:

22600771

Last Updated:

May 8, 2026, 02:28 PM

Added:

3 month(s) ago

Rooms & Interior

Interior

Living Area:

10,620 Sq. Ft.

Structure

Structure

Year Built:

1973

Lot

Lot Size (Sq. Ft):

30,945

Finances & Disclosures

Finances

Price:

$1,170,000

Price per Sq. Ft:

$110 per Sq. Ft.

MLS Logo
The information being provided by REALTORS® Association Of The Sioux Empire, Inc Mls is for the consumer’s 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 information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTORS® Association Of The Sioux Empire, Inc Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.