316 E  15th St, Sioux Falls, SD 57104
Property image
Property image
SOLD
APR 29, 2026

$512,600

Trulia Estimate
  • Studio
  • 4,590 sqft

316 E 15th St, Sioux Falls, SD 57104

All Saints
Currently Off Market - Sold Apr 29, 2026 for $515,000 (2% below list price)

Home Value

Trulia Estimate
$513K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 316 E 15th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Interior Features

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)

Exterior Features

Exterior Home Features
Roof: Tar GravelFoundation: Block
Parking & Garage
No CarportParking: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

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

Price & Status

Price
List Price: $525,000Price Per Sqft: $112/sqft
Status Change & Dates
Off Market Date: Wed Apr 29 2026Possession Timing: Immediate

Active Status

MLS Status: Sold - Sold

Location

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

Agent Information

Buyer Agent
Buyer Company Name: 23

Building

Building Area
Building Area: 5466 Square Feet

Lot Information

Lot Area: 5000.688 sqft

Offer

Listing Terms: Conventional

Rental Terms, Policies & Fees

Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer

Miscellaneous

BasementMls Number: 22507797

Price and Tax history

DateEventPrice
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%

Market trends in Sioux Falls

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$333K
$6.2K
MoM
Sale-to-List Price
Price per sq ft
$194
$2
MoM
Available listings
1143
42
MoM

Around this home

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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Suzy R.
    "McKennan Park is one of the most sought after neighborhoods in Sioux Falls. Stately historic homes, one quarter block to the park, music and family activities all summer, sports, beautiful gardens and lots of picnic possibilities. Pet lovers paradise. Something for everyone."
  • tamijo26
    "I live in this neighborhood and it is very unclean, there are teenagers that have no respect for other peoples property or things on that property. I you are looking to buy a house on Dakota Ave, go further south!!"
  • Robert D.
    "Its close to everything but may be to close to downtown."

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.

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