116 N Summit Ave, Sioux Falls, SD 57104
OFF MARKET

116 N Summit Ave
Sioux Falls, SD 57104

Axtell Park
  • Studio
  • 4 Baths
  • 3,556 sqft

$295,700

Trulia Estimate
as of Aug 18, 2026

$295,700

Trulia Estimate
as of Aug 18, 2026
Studio
4 Baths
3,556 sqft

Home Value

Trulia Estimate
$296K
Since last month
Decreased$3K (-0.9%)
Since last year
Decreased$14K (-4.5%)
Since last sale
Increased$220K (+293.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +92% in the last 10 years
MonthEstimated value
2026
August 2026$295K
July 2026$298K
June 2026$303K
May 2026$308K
April 2026$294K
March 2026$291K
February 2026$294K
January 2026$307K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
605 S Spring Ave, Sioux Falls, SD
0.50
Multi-Family Home
$200,000
11/20/25
4
3
1,836
902 W 8th St #3, Sioux Falls, SD
0.21
Multi-Family Home
$314,330
04/10/26
-
2,806
223 N Spring Ave, Sioux Falls, SD
0.24
Multi-Family Home
$335,000
09/24/25
-
2,464
425 S Prairie Ave, Sioux Falls, SD
0.39
Multi-Family Home
$162,000
09/30/25
-
1,329
230 N Fairfax Ave, Sioux Falls, SD
1.08
Multi-Family Home
$139,000
03/17/26
4
4
1,728
521 S Menlo Ave, Sioux Falls, SD
0.50
Multi-Family Home
$126,000
06/26/26
-
1,187
608 S Walts Ave, Sioux Falls, SD
0.53
Multi-Family Home
$262,500
04/10/26
-
2,480
710 S Walts Ave, Sioux Falls, SD
0.60
Multi-Family Home
$202,500
12/19/25
-
1,393
617 S Walts Ave, Sioux Falls, SD
0.56
Multi-Family Home
$224,000
04/22/26
-
2,062
215 E 14th St, Sioux Falls, SD
0.72
Multi-Family Home
$275,000
03/18/26
-
2,358

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
624 W 8th St, Sioux Falls, SD 57104
0.05
$350,000
4
2.5
2,610
Recently Sold
707-709 W 8th St, Sioux Falls, SD 57104
0.05
$525,000
Studio
-
2,996
For Sale
130 N Prairie Ave, Sioux Falls, SD 57104
0.07
$271,100
3
2
1,743
Off Market
218 N Summit Ave, Sioux Falls, SD 57104
0.08
$425,000
Studio
-
3,312
For Sale
112 N Prairie Ave, Sioux Falls, SD 57104
0.07
-
Studio
-
2,306
Off Market
110 S Duluth Ave, Sioux Falls, SD 57104
0.12
$163,100
3
2
1,013
Off Market
719 W 9th St, Sioux Falls, SD 57104
0.10
$326,800
4
3
2,613
Off Market
212 Prairie Ave Avenue, Sioux Falls, SD 57104
0.10
$205,100
3
1
1,155
Off Market
234 N Summit Ave, Sioux Falls, SD 57104
0.11
$381,200
5
2.5
2,496
Off Market
212 S Prairie Ave, Sioux Falls, SD 57104
0.10
$210,100
3
1
1,155
Off Market
117 N Prairie Ave, Sioux Falls, SD 57104
0.11
$286,900
Studio
-
1,768
Off Market
218 N Spring Ave, Sioux Falls, SD 57104
0.16
$289,800
3
2.5
1,751
Off Market

Local Information

  • Map ViewExplore the area around 116 N Summit Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1918
Living Area
3,556 sqft
Price/Sqft
$83

About this House

4 Plex property features three 1 bedroom units and one 3 bedroom unit. Good positive cash flow. 18 new windows installed. Lower unit upgraded in 2010. Separate electric meters.
116 N Summit Ave, Sioux Falls, SD 57104 is a studio, 4 bathroom, 3,556 sqft multi-family in Axtell Park, built in 1918. It last sold for $75,000 on Feb 18, 2014. It is currently off market. The Trulia Estimate is $295,700, with a rent estimate of $958/month.

Home Details for 116 N Summit Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 15
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Concrete Block

Property Information

Year Built
Year Built: 1918
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 3

Lot Information

Lot Area: 4900 sqft

Price and Tax history

DateEventPrice
Feb 18, 2014
Source: N/A
Sold
$75,000
May 9, 2012
Source: Agent Provided
ListingRemoved
$155,000
Jan 25, 2012
Source: Agent Provided
Listed For Sale
$155,000

Market trends in Sioux Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$327K
$4.5KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$192
$3MoM
Available listings
1098
93MoM
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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Axtell Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Axtell Park

At least 16 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 91 % Say car is needed

  • 89 % Say kids play outside

  • 89 % Say it's dog friendly

  • 86 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 50 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 44 % Say there's wildlife

  • 43 % Say streets are well-lit

  • 39 % Say people would walk alone at night

  • 38 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 35 % Say it's walkable to restaurants

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

332 pet-friendly rentals in Sioux Falls, SD

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Explore by feature - Air Conditioning

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Explore by feature - Outdoor Space

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Homes for sale near 116 N Summit Ave

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Off Market Homes Near 116 N Summit Ave

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Frequently asked questions about 116 N Summit Ave

  • What is 116 N Summit Ave estimated to be worth?
    Trulia's estimated value for 116 N Summit Ave in Sioux Falls, SD is $295,700.
  • What is the price history for 116 N Summit Ave?
    116 N Summit Ave in Sioux Falls, SD last sold for $75,000 in February 2014.
  • Is Sioux Falls a buyer's or seller's market?
    Sioux Falls is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Sioux Falls?
    The median sale price in Sioux Falls is $327K. That is up $4.5K from the prior month.
  • Does 116 N Summit Ave have air conditioning?
    Yes, 116 N Summit Ave in Sioux Falls, SD has air conditioning.