227 N Spring Ave, Sioux Falls, SD 57104
OFF MARKET

227 N Spring Ave
Sioux Falls, SD 57104

Axtell Park
  • Studio
  • 1 Bath
  • 1,848 sqft

$329,100

Trulia Estimate
as of Aug 24, 2026

$329,100

Trulia Estimate
as of Aug 24, 2026
Studio
1 Bath
1,848 sqft

Home Value

Trulia Estimate
$329K
Since last month
Decreased$1K (-0.4%)
Since last year
Decreased$31K (-8.5%)
Since last sale
Decreased$8K (-2.5%)
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 +145% in the last 10 years
MonthEstimated value
2026
August 2026$329K
July 2026$330K
June 2026$327K
May 2026$330K
April 2026$328K
March 2026$330K
February 2026$337K
January 2026$339K
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
223 N Spring Ave, Sioux Falls, SD
0.08
Multi-Family Home
$335,000
09/24/25
-
2,464
605 S Spring Ave, Sioux Falls, SD
0.59
Multi-Family Home
$200,000
11/20/25
4
3
1,836
902 W 8th St #3, Sioux Falls, SD
0.33
Multi-Family Home
$314,330
04/10/26
-
2,806
425 S Prairie Ave, Sioux Falls, SD
0.53
Multi-Family Home
$162,000
09/30/25
-
1,329
1702 S Phillips Ave #A, Sioux Falls, SD
1.40
Multi-Family Home
$330,000
02/27/26
1
1,552
709 S Phillips Ave, Sioux Falls, SD
0.74
Multi-Family Home
$365,000
09/16/25
-
1,980
609 S 2nd Ave, Sioux Falls, SD
0.75
Multi-Family Home
$275,000
03/18/26
-
2,112
215 E 14th St, Sioux Falls, SD
0.73
Multi-Family Home
$275,000
03/18/26
-
2,358
608 S Walts Ave, Sioux Falls, SD
0.67
Multi-Family Home
$262,500
04/10/26
-
2,480
710 S Walts Ave, Sioux Falls, SD
0.74
Multi-Family Home
$202,500
12/19/25
-
1,393

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
430 W 7th St, Sioux Falls, SD 57104
0.04
$268,700
3
1.5
1,431
Off Market
427 W 7th St, Sioux Falls, SD 57104
0.04
$215,500
3
2
1,096
Off Market
218 N Spring Ave, Sioux Falls, SD 57104
0.04
$289,800
3
2.5
1,751
Off Market
331 N Spring Ave, Sioux Falls, SD 57104
0.08
$251,700
Studio
-
1,984
Off Market
223 N Spring Ave, Sioux Falls, SD 57104
0.08
$335,900
Studio
-
2,464
Off Market
235 N Duluth Ave, Sioux Falls, SD 57104
0.07
$385,000
5
2
2,405
For Sale
400 N Duluth Ave, Sioux Falls, SD 57104
0.13
$445,400
4
2.5
2,792
Off Market
410 N Spring Ave, Sioux Falls, SD 57104
0.13
$800,000
Studio
-
4,480
For Sale
234 N Summit Ave, Sioux Falls, SD 57104
0.11
$381,200
5
2.5
2,496
Off Market
218 N Summit Ave, Sioux Falls, SD 57104
0.12
$425,000
Studio
-
3,312
For Sale
418 N Spring Ave, Sioux Falls, SD 57104
0.15
$295,000
1
1
532
Recently Sold
624 W 8th St, Sioux Falls, SD 57104
0.13
$350,000
4
2.5
2,610
Recently Sold

Local Information

  • Map ViewExplore the area around 227 N Spring Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1921
Living Area
1,848 sqft
Price/Sqft
$178
Parking
Garage

About this House

Great cash flowing 3-plex just blocks from the exploding Downtown Sioux Falls. Very easy to rent to the vast array of incoming attorneys and downtown office workers. Breathtaking intricate 1920's woodwork and high ceilings. Main level is a 3 bedroom 1 bath that can rent for $900. The second story has two 1 bedroom 1 bath units that can rent for $500. In addition, one of the 1 bedroom units has attic access sporting the potential for 1 or 2 additional bedrooms to be added to this unit at minimal expense, making the already great cash flow even better. The unfinished basement has laundry, tenant storage, utilities and a closed off extra deep 1 stall garage. Smaller yard reduces the unwanted upkeep and landscaping expenses.
227 N Spring Ave, Sioux Falls, SD 57104 is a studio, 1 bathroom, 1,848 sqft multi-family in Axtell Park, built in 1921. It last sold for $337,000 on May 5, 2023. It is currently off market. The Trulia Estimate is $329,100, with a rent estimate of $714/month.

Home Details for 227 N Spring Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 5
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodFoundation Type: Concrete
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1921
Property Type / Style
Property Type: Multi FamilyArchitecture: conventional

Community

Units in Building: 3

Lot Information

Lot Area: 3693 sqft

Price and Tax history

DateEventPrice
Jul 31, 2026
Source: eXp Realty #22601670
ListingRemoved
$339,900
May 22, 2026
Source: eXp Realty #22601670
PendingToActive
$339,900
May 14, 2026
Source: eXp Realty #22601670
Pending
$339,900
Mar 10, 2026
Source: Realtor Association of the Sioux Empire #22601670
PriceChange
$339,900
Price decreased by 3%
Jan 2, 2026
Source: Realtor Association of the Sioux Empire #22600018
PriceChange
$349,900
Price decreased by 4%

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

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

Frequently asked questions about 227 N Spring Ave

  • What is 227 N Spring Ave estimated to be worth?
    Trulia's estimated value for 227 N Spring Ave in Sioux Falls, SD is $329,100.
  • What is the price history for 227 N Spring Ave?
    227 N Spring Ave in Sioux Falls, SD last sold for $337,000 in May 2023.
  • 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.

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Apartments for Rent

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Off Market Homes Near 227 N Spring Ave

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