1305 S Spring Ave
Sioux Falls, SD 57105
Augustana
Studio
2,300 sqft
Studio
2,300 sqft
Local Information
© Google
-- mins to
Description
Rare triplex in one of Sioux Falls' most sought-after corridors for rental property — walking distance to both hospitals, major colleges, and downtown. One 3BD/1BA and two 2BD/1BA units, all updated in recent years with new water heater (2021), coin-op washer/dryer (2021), insulated rear entrance, and ongoing unit improvements throughout.
The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you.
Current rents have room to grow as leases turn over. Owner covers gas, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs — easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.
The house hack opportunity here is straightforward: occupy the basement unit, collect rent from the other two, and dramatically reduce your cost of living while building equity in a location landlords don't let go of often. Self-manage, handle your own lawn and snow, and pocket the management fees — or hold it as a pure investment and let the numbers work for you.
Current rents have room to grow as leases turn over. Owner covers gas, water/sewer, and trash with a RUBS billback in place. Coin-op laundry adds supplemental income. Seller is offering a credit toward minor exterior repairs — easy cosmetic upside that goes a long way on curb appeal in a neighborhood this strong. Don't overlook this one.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$120
Listed
63 days ago
Home Details for 1305 S Spring Ave
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Interior Details Basement: Full |
Dimensions and Layout Living Area: 2300 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Range, Washer, DryerDryerRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 3Entry Location: CommunityFloors: Carpet, Laminate |
Security Security: Gated with Guard, Smoke Detector(s) |
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Exterior Home Features Roof: CompositionFoundation: Block |
Parking & Garage No CarportParking: None |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 63 |
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Year Built Year Built: 1904 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 41588 |
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Price List Price: $275,000Price Per Sqft: $120 |
Status Change & Dates Possession Timing: Immediate |
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MLS Status: Active - Active |
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Direction & Address City: Sioux FallsCommunity: Park Addition |
School Information Elementary School: Lowell ESElementary School District: Sioux FallsJr High / Middle School: Edison MSJr High / Middle School District: SiouxFallsHigh School: Lincoln HSHigh School District: SiouxFalls |
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Listing Agent Listing ID: 22602266 |
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Building Area Building Area: 2615 Square Feet |
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Lot Area: 3441.24 sqft |
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Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer |
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BasementMls Number: 22602266 |
Last check for updates: about 5 hours ago
Listing courtesy of Blake C Bohner
605 Real Estate LLC
Ryan R Olson
605 Real Estate LLC
Source: Realtor Association of the Sioux Empire, MLS#22602266
Also Listed on Realtor Association of the Sioux Empire.
Market trends in Sioux Falls
Last updated April 2026
Avg. sale price
$314K $1.67KMoM
Sale-to-List Price
99.4%
Price per sq ft
$182 $2MoM
Available listings
881 17MoM
Price History for 1305 S Spring Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/02/2026 | $275,000 | Listed For Sale | Realtor Association of the Sioux Empire #22602266 |
| 11/12/2025 | $287,500 | ListingRemoved | Realtor Association of the Sioux Empire #22306028 |
| 08/24/2024 | ListingRemoved | Realtor Association of the Sioux Empire #22306028 | |
| 05/31/2024 | $250,000 | Listed For Sale | Realtor Association of the Sioux Empire #22403879 |
| 05/05/2024 | $287,500 | ListingRemoved | Realtor Association of the Sioux Empire #22306028 |
| 09/13/2023 | $287,500 | Listed For Sale | Realtor Association of the Sioux Empire #22306028 |
| 03/04/2020 | $160,250 | Sold | Realtor Association of the Sioux Empire #21908101 |
| 01/21/2020 | $155,000 | PriceChange | Agent Provided |
| 12/21/2019 | $165,500 | Listed For Sale | Agent Provided |
| 10/10/2013 | $99,700 | ListingRemoved | Agent Provided |
| 07/11/2013 | $99,700 | Listed For Sale | Agent Provided |
| 02/02/2011 | $114,500 | ListingRemoved | Agent Provided |
| 01/08/2011 | $114,500 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,468 |
| Assessment | $154,200 |
Home facts updated by county records
Comparable Sales for 1305 S Spring Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Multi-Family Home | $200,000 | 11/20/25 | 4 | 3 | 1,836 | |
0.50 | Multi-Family Home | $202,500 | 12/19/25 | - | 1,393 | ||
0.51 | Multi-Family Home | $253,000 | 07/10/25 | - | 2,416 | ||
0.66 | Multi-Family Home | $162,000 | 09/30/25 | - | 1,329 | ||
0.56 | Multi-Family Home | $262,500 | 04/10/26 | - | 2,480 | ||
0.62 | Multi-Family Home | $200,000 | 04/23/26 | - | 1,984 | ||
0.56 | Multi-Family Home | $224,000 | 04/22/26 | - | 2,062 | ||
0.68 | Multi-Family Home | $275,000 | 03/18/26 | - | 2,112 | ||
0.53 | Multi-Family Home | $365,000 | 09/16/25 | - | 1,980 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 1305 S Spring Ave.
- Edison Middle School - 06
- 6-8
- Public
- 916 Students
6/10GreatSchools RatingParent Rating AverageCliques are rampant. Administration is un-involved, tolerant of division within, and non-supportive of both teachers and parents. Open enroll to Patrick Henry before middle school starts!Other Review4y ago - Lowell Elementary - 28
- PK-5
- Public
- 358 Students
3/10GreatSchools RatingParent Rating AverageReceptionist was snappy and rude toMe coming in there to drop stuff offOther Review6mo ago - Roosevelt High School - 03
- 9-12
- Public
- 1713 Students
5/10GreatSchools RatingParent Rating AverageIt's a very standard school. As someone who graduated from this school, I can confidently say that students at this school do not respect their teachers or the faculty. It really is just an issue of students not wanting to go to school or have to obey basic rules. If you want to do well in this school and beyond there are plenty of opportunities to do so, it's just that many students do not want to be at school.Other Review11mo ago 
Check out schools near 1305 S Spring Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Augustana
At least 12 Trulia users voted on each feature.
95 % Say it's dog friendly
95 % Say there are sidewalks
92 % Say yards are well-kept
90 % Say car is needed
86 % Say kids play outside
75 % Say parking is easy
61 % Say people would walk alone at night
57 % Say there's holiday spirit
56 % Say it's walkable to restaurants
49 % Say neighbors are friendly
48 % Say it's quiet
43 % Say streets are well-lit
42 % Say there's wildlife
39 % Say they plan to stay for at least 5 years
36 % Say it's walkable to grocery stores
13 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Blake C Bohner, 605 Real Estate LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
1305 S Spring Ave, Sioux Falls, SD 57105 is a studio, 2,300 sqft multi-family built in 1904. 1305 S Spring Ave is located in Augustana, Sioux Falls. This property is currently available for sale and was listed by Realtor Association of the Sioux Empire on Apr 2, 2026. The MLS # for this home is MLS# 22602266.