1001 E 16th St
Sioux Falls, SD 57104
Beadle Greenway
4 Beds
5 Baths
2,796 sqft
4 Beds
5 Baths
2,796 sqft
Local Information
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Description
Fully rented five plex in an excellent location on corner lot. Rents are low and could easily be increased. Recent value-add project showed a double digit return on investment (ROI). Located in the Opportunity Zone so check out available tax advantages. Prefer to sell with four plex next door (1007 E. 16th St.).
Possible to own the frontage of the entire block if combined with five plex and a corner duplex. Only lender qualified purchasers need inquire. NOI $21,277.
The main unit has a separate entrance and address (1003). The unit encompasses the majority of the main floor. It has oak hardwood flooring in the living room and dining room. Many arched doorways deliver the charm of yesteryear to the units. A large bay window allows an abundance of daylight into the room. Unit is described as a two bedroom with one bathroom. Also on the first level is a studio apartment with living room / bedroom and galley kitchen plus a full bath. Upstairs there is a similar studio and two additional apartments with one bed and one bath each. Recently painted exterior, new garage doors and openers.
Owner is a licensed broker in South Dakota.
Contact Dave at (605)334-8155.
Possible to own the frontage of the entire block if combined with five plex and a corner duplex. Only lender qualified purchasers need inquire. NOI $21,277.
The main unit has a separate entrance and address (1003). The unit encompasses the majority of the main floor. It has oak hardwood flooring in the living room and dining room. Many arched doorways deliver the charm of yesteryear to the units. A large bay window allows an abundance of daylight into the room. Unit is described as a two bedroom with one bathroom. Also on the first level is a studio apartment with living room / bedroom and galley kitchen plus a full bath. Upstairs there is a similar studio and two additional apartments with one bed and one bath each. Recently painted exterior, new garage doors and openers.
Owner is a licensed broker in South Dakota.
Contact Dave at (605)334-8155.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 1001 E 16th St
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Interior Details BasementNumber of Rooms: 10Types of Rooms: Dining RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, GasCooling System: OtherHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Hardwood, Linoleum Vinyl |
Appliances & Utilities Refrigerator |
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Exterior Home Features Roof: AsphaltExterior: StuccoFoundation Type: Concrete |
Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Year Built Year Built: 1880Year Updated: 1958 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional |
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Units in Building: 5 |
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Lot Area: 8712 sqft |
Price History for 1001 E 16th St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/22/2021 | ListingRemoved | N/A | |
| 05/23/2021 | $285,000 | Listed For Sale | N/A |
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Property Tax and Assessment
| Year | 2017 |
|---|---|
| Tax | $2,834 |
| Assessment | $133,820 |
Home facts updated by county records
Comparable Sales for 1001 E 16th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.58 | Multi-Family Home | $250,000 | 01/06/26 | 4 | 2 | 1,536 | |
0.77 | Multi-Family Home | $139,000 | 03/17/26 | 4 | 4 | 1,728 | |
0.99 | Multi-Family Home | $200,000 | 11/20/25 | 4 | 3 | 1,836 | |
1.04 | Multi-Family Home | $338,000 | 09/02/25 | 2 | 2 | 1,829 | |
0.35 | Multi-Family Home | $195,000 | 07/02/25 | - | 1,664 | ||
0.53 | Multi-Family Home | $200,000 | 04/23/26 | - | 1,984 | ||
0.58 | Multi-Family Home | $275,000 | 03/18/26 | - | 2,358 | ||
0.55 | Multi-Family Home | $275,000 | 03/18/26 | - | 2,112 | ||
0.64 | Multi-Family Home | $360,000 | 10/22/25 | - | 3,174 | ||
1.67 | Multi-Family Home | $285,000 | 08/28/25 | 4 | 4 | 1,728 |
Assigned Schools
These are the assigned schools for 1001 E 16th St.
- Lincoln High School - 02
- 9-12
- Public
- 1883 Students
6/10GreatSchools RatingParent Rating AverageI hate this school. the teachers are harsh, the principals are all rude and they pick favorites, and just the school's vibe is all off. I only come to school to see my friends honestly.Student Review3y ago - Patrick Henry Middle School - 07
- 6-8
- Public
- 940 Students
7/10GreatSchools RatingParent Rating AverageI attended Patrick Henry over 15 years ago and I'm still processing the bullying I endured there. As an adult, I can't help but be angry at the teachers and administrators who told me or my parents that I needed to learn to deal with it or that "boys will be boys." (I was a girl bullied by boys.) Some teachers were wonderful and made sure my tormentors had no opportunity to bully me in their classes, but ultimately the administration did nothing. I was miserable. I truly hope things have changed now.Other Review14y ago - Susan B. Anthony Elementary
- PK-5
- Public
- 555 Students
3/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near 1001 E 16th St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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1001 E 16th St, Sioux Falls, SD 57104 is a 4 bedroom, 5 bathroom, 2,796 sqft multi-family built in 1880. 1001 E 16th St is located in Beadle Greenway, Sioux Falls. This property is not currently available for sale.