$512,600
- Studio
- 4,590 sqft
316 E 15th St, Sioux Falls, SD 57104
Currently Off Market - Sold Apr 29, 2026 for $515,000 (2% below list price)
Home Value
Trulia Estimate
$513KSince last month
Decreased$2K (-0.4%)Since last year
Decreased$18K (-3.5%)Since last sale
Decreased$3K (-0.5%)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 decreased by -3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $512K |
| August 2026 | $515K |
| July 2026 | $514K |
| June 2026 | $515K |
| April 2026 | $515K |
| March 2026 | $493K |
| February 2026 | $494K |
| January 2026 | $508K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $275,000 | 03/18/26 | - | 2,112 | ||
0.09 | Multi-Family Home | $275,000 | 03/18/26 | - | 2,358 | ||
0.08 | Multi-Family Home | $200,000 | 04/23/26 | - | 1,984 | ||
0.20 | Multi-Family Home | $250,000 | 07/31/26 | - | 1,666 | ||
0.51 | Multi-Family Home | $200,000 | 11/20/25 | 4 | 3 | 1,836 | |
0.70 | Multi-Family Home | $260,000 | 08/31/26 | - | 2,300 | ||
0.76 | Multi-Family Home | $262,500 | 04/10/26 | - | 2,480 | ||
0.85 | Multi-Family Home | $335,000 | 09/24/25 | - | 2,464 |
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 |
|---|---|---|---|---|---|---|
0.03 | $199,900 | Studio | - | 1,484 | For Sale | |
0.03 | $257,600 | 3 | 2 | 1,490 | Off Market | |
0.06 | $264,900 | Studio | - | 2,265 | Off Market | |
0.06 | $275,000 | Studio | - | 2,112 | Recently Sold | |
0.08 | $885,000 | 2 | 3 | 1,983 | For Sale | |
0.09 | $438,000 | 3 | 2.5 | 1,797 | For Sale | |
0.09 | $388,700 | 2 | 2.5 | 1,470 | Off Market | |
0.09 | $275,000 | Studio | - | 2,358 | Recently Sold | |
0.10 | $395,300 | 2 | 2.5 | 1,470 | Off Market | |
0.11 | $369,100 | 2 | 2.5 | 1,470 | Off Market | |
0.07 | $1,096,700 | Studio | - | 8,512 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1916
4,590 sqft
$112/sqft
About this House
Turnkey 9-Unit Near Downtown Sioux Falls | ~7.8% Cap | $60K/Unit
Extensively renovated and fully occupied, this 9-unit apartment building offers stable, low-maintenance cash flow in one of Sioux Falls’ most convenient and steadily improving pockets. Located just one block south of Sunshine Foods and minutes from downtown, major employers, hospitals, and core amenities, this is true workforce housing in a location tenants consistently choose.
The two-story property features nine 1-bed / 1-bath units that have been comprehensively updated—inside and out—covering both cosmetic improvements and key capital items. Durable finishes, clean layouts, and efficient unit sizes make the property easy to operate and consistently rentable.
At roughly $60,000 per unit and performing at an approximate 7.78% cap, this asset offers a combination that is increasingly difficult to find: modernized condition, strong occupancy, and a price point that still allows for real yield. Landlord pays water, sewer, trash, and heat, with RUBS in place for utility recovery; tenants pay electric. Shared laundry provides additional income, and the property benefits from both on-site and off-street parking with front and rear access.
Rents are solid today with measured upside remaining through future renewals, and the unit mix and location also lend themselves well to mid-term or furnished housing strategies for healthcare and downtown professionals.
Clean, stabilized, and easy to own—this is a no-nonsense multifamily asset offering dependable income today and long-term relevance in a growing urban submarket.
Extensively renovated and fully occupied, this 9-unit apartment building offers stable, low-maintenance cash flow in one of Sioux Falls’ most convenient and steadily improving pockets. Located just one block south of Sunshine Foods and minutes from downtown, major employers, hospitals, and core amenities, this is true workforce housing in a location tenants consistently choose.
The two-story property features nine 1-bed / 1-bath units that have been comprehensively updated—inside and out—covering both cosmetic improvements and key capital items. Durable finishes, clean layouts, and efficient unit sizes make the property easy to operate and consistently rentable.
At roughly $60,000 per unit and performing at an approximate 7.78% cap, this asset offers a combination that is increasingly difficult to find: modernized condition, strong occupancy, and a price point that still allows for real yield. Landlord pays water, sewer, trash, and heat, with RUBS in place for utility recovery; tenants pay electric. Shared laundry provides additional income, and the property benefits from both on-site and off-street parking with front and rear access.
Rents are solid today with measured upside remaining through future renewals, and the unit mix and location also lend themselves well to mid-term or furnished housing strategies for healthcare and downtown professionals.
Clean, stabilized, and easy to own—this is a no-nonsense multifamily asset offering dependable income today and long-term relevance in a growing urban submarket.
316 E 15th St, Sioux Falls, SD 57104 is a studio, 4,590 sqft multi-family in All Saints, built in 1916. It last sold for $515,000 on Apr 29, 2026 (2% below the $525,000 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $635 per month. That rental listing was removed on June 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $512,600.
Last check for updates: about 4 hours ago
Listed by Blake C Bohner
605 Real Estate LLC, (605) 759-4294
Ryan R Olson
605 Real Estate LLC, (605) 759-4294
Bought with: Beau R Carpenter
Source: Realtor Association of the Sioux Empire, MLS#22507797

Home Details for 316 E 15th St
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Interior Details Basement: Partial |
Dimensions and Layout Living Area: 4590 Square Feet |
Appliances & Utilities Appliances: Refrigerator, RangeRefrigerator |
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: 2Entry Location: CommunityFloors: Carpet, Laminate |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Tar GravelFoundation: Block |
Parking & Garage No CarportParking: Paved |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1916 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: HardiPlank Type |
Property Information Parcel Number: 32505 |
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Price List Price: $525,000Price Per Sqft: $112/sqft |
Status Change & Dates Off Market Date: Wed Apr 29 2026Possession Timing: Immediate |
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MLS Status: Sold - Sold |
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Direction & Address City: Sioux FallsCommunity: Gales Addn |
School Information Elementary School: Susan B Anthony ESElementary School District: Sioux FallsJr High / Middle School: Patrick Henry MSJr High / Middle School District: SiouxFallsHigh School: Lincoln HSHigh School District: SiouxFalls |
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Buyer Agent Buyer Company Name: 23 |
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Building Area Building Area: 5466 Square Feet |
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Lot Area: 5000.688 sqft |
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Listing Terms: Conventional |
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Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer |
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BasementMls Number: 22507797 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 24, 2026 Source: Zillow Rentals | ListingRemoved | $635 |
May 12, 2026 Source: Zillow Rentals | Listed For Rent | $635 |
Apr 29, 2026 Source: Realtor Association of the Sioux Empire #22507797 | Sold | $515,000 |
Feb 13, 2026 Source: Realtor Association of the Sioux Empire #22507797 | PriceChange | $525,000 Price decreased by 3% |
Dec 16, 2025 Source: Realtor Association of the Sioux Empire #22507797 | PriceChange | $540,000 Price decreased by 4% |
Oct 13, 2025 Source: Realtor Association of the Sioux Empire #22507797 | Listed For Sale | $565,000 |
Market trends in Sioux Falls
Last updated August 2026
Avg. sale price
$333K
$6.2KMoM
Sale-to-List Price
—
Price per sq ft
$194
$2MoM
Available listings
1143
42MoM
Around this home
What Locals Say about All Saints
At least 14 Trulia users voted on each feature.
88 % Say it's walkable to restaurants
81 % Say there are sidewalks
79 % Say parking is easy
79 % Say there's holiday spirit
72 % Say it's quiet
68 % Say it's dog friendly
67 % Say people would walk alone at night
67 % Say it's walkable to grocery stores
65 % Say streets are well-lit
61 % Say neighbors are friendly
60 % Say kids play outside
53 % Say car is needed
47 % Say yards are well-kept
35 % Say they plan to stay for at least 5 years
29 % Say there are community events
19 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
Frequently asked questions about 316 E 15th St
- What is 316 E 15th St estimated to be worth?Trulia's estimated value for 316 E 15th St in Sioux Falls, SD is $512,600.
- What is the price history for 316 E 15th St?316 E 15th St in Sioux Falls, SD last sold for $515,000 in April 2026.
- 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 $333K. That is up $6.2K from the prior month.
- Does 316 E 15th St have air conditioning?Yes, 316 E 15th St in Sioux Falls, SD has air conditioning.
- Does 316 E 15th St have parking?Yes, 316 E 15th St in Sioux Falls, SD has on-site parking.

