4802 S Hosta Ave
Sioux Falls, SD 57110
- Studio
- 59,544 sqft (on 3.08 acres)
Studio
59,544 sqft
(on 3.08 acres)
Local Information
-- mins to
Description
INVESTOR OPPORTUNITY | 42 Townhome-Style Apartment Homes | SE Sioux Falls
S. Hosta Ave | Near E. 57th St & S. Sycamore Ave | Sioux Falls, SD
The Property
42 nearly new townhome-style apartment homes tucked away on S. Hosta Ave in one of Sioux Falls' most desirable southeast corridors. Each home features an attached garage, a mudroom entry, and a refreshing open-concept floor plan that today's renters are actively searching for.
Proforma NOI is $426,042.18
CAP Rate 5.36%
Inside Every Home
Main Floor
Open-concept kitchen with bar seating
Dining area & living room
Sliding doors to private patio
Mudroom off the attached garage
Upper Floor
All bedrooms upstairs
In-unit laundry center
Full bathroom
3-bedroom plans include a primary suite
Why This Asset Stands Out
? 42 doors at meaningful scale — institutional quality, attainable price point
? Diverse unit mix — 2-bed and 3-bed options broaden your renter pool and reduce concentration risk
? Attached garages on every unit — a premium amenity in this market that drives higher rents and longer tenancies
? Two-car garage units — the 9 Plan C homes command top-of-market rents and attract high-quality, long-term tenants
? In-unit laundry — the #1 amenity renters cite for lease renewals
? Nearly new construction — minimal deferred maintenance, low near-term capex, and modern finishes tenants expect
? Townhome-style design — no shared hallways, private entries, and a home-ownership feel that reduces turnover
The Sioux Falls Advantage
Sioux Falls consistently ranks among the Midwest's top rental markets — no state income tax, a diversified and growing employment base, and steady population growth all fuel durable rental demand. The southeast corridor in particular benefits from proximity to major employers, retail centers, and top-rated schools, making it one of the city's most attractive quadrants for workforce housing.
Level Up Your Income Property Portfolio.
42 doors. Nearly new. Three floor plans. Premium amenities. A location tenants want to stay in. This is the kind of well-rounded asset that anchors a portfolio and performs for decades.
S. Hosta Ave | Near E. 57th St & S. Sycamore Ave | Sioux Falls, SD
The Property
42 nearly new townhome-style apartment homes tucked away on S. Hosta Ave in one of Sioux Falls' most desirable southeast corridors. Each home features an attached garage, a mudroom entry, and a refreshing open-concept floor plan that today's renters are actively searching for.
Proforma NOI is $426,042.18
CAP Rate 5.36%
Inside Every Home
Main Floor
Open-concept kitchen with bar seating
Dining area & living room
Sliding doors to private patio
Mudroom off the attached garage
Upper Floor
All bedrooms upstairs
In-unit laundry center
Full bathroom
3-bedroom plans include a primary suite
Why This Asset Stands Out
? 42 doors at meaningful scale — institutional quality, attainable price point
? Diverse unit mix — 2-bed and 3-bed options broaden your renter pool and reduce concentration risk
? Attached garages on every unit — a premium amenity in this market that drives higher rents and longer tenancies
? Two-car garage units — the 9 Plan C homes command top-of-market rents and attract high-quality, long-term tenants
? In-unit laundry — the #1 amenity renters cite for lease renewals
? Nearly new construction — minimal deferred maintenance, low near-term capex, and modern finishes tenants expect
? Townhome-style design — no shared hallways, private entries, and a home-ownership feel that reduces turnover
The Sioux Falls Advantage
Sioux Falls consistently ranks among the Midwest's top rental markets — no state income tax, a diversified and growing employment base, and steady population growth all fuel durable rental demand. The southeast corridor in particular benefits from proximity to major employers, retail centers, and top-rated schools, making it one of the city's most attractive quadrants for workforce housing.
Level Up Your Income Property Portfolio.
42 doors. Nearly new. Three floor plans. Premium amenities. A location tenants want to stay in. This is the kind of well-rounded asset that anchors a portfolio and performs for decades.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$134
Listed
1 day ago
Home Details for 4802 S Hosta Ave
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Interior Details Basement: None |
Dimensions and Layout Living Area: 59544 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Range, Dishwasher, Disposal, Washer, DryerDishwasherDisposalDryerRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Entry Location: PrivateFloors: Carpet, Vinyl |
Security Security: Smoke Detector(s), Fire Alarm, Firewall(s), Fire Sprinkler System |
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Exterior Home Features Roof: CompositionFoundation: Slab |
Parking & Garage No CarportParking: Attached |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 1 |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: HardiPlank Type |
Property Information Parcel Number: 93024, 25, 26 |
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Price List Price: $7,950,000Price Per Sqft: $134 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active - Active |
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Direction & Address City: Sioux FallsCommunity: BROOKS CROSSING ADDITION TO THE CITY OF SIOUX FALLS |
School Information Elementary School: John Harris ESElementary School District: Sioux FallsJr High / Middle School: Ben REifel Middle SchoolJr High / Middle School District: SiouxFallsHigh School: Washington HSHigh School District: SiouxFalls |
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Listing Agent Listing ID: 22604670 |
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Building Area Building Area: 58107 Square Feet |
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Lot Area: 3.0815 Acres |
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Owner Pays: None |
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Mls Number: 22604670 |
Last check for updates: about 2 hours ago
Listing courtesy of David W Shelton
CENTURY 21 Advantage
Source: Realtor Association of the Sioux Empire, MLS#22604670

Also Listed on Realtor Association of the Sioux Empire.
Market trends in Sioux Falls
Last updated May 2026
Avg. sale price
$316K
$2.02KMoM
Sale-to-List Price
99.2%
0.2%MoM
Price per sq ft
$185
$3MoM
Available listings
957
70MoM
Price History for 4802 S Hosta Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/25/2026 | $7,950,000 | Listed For Sale | Realtor Association of the Sioux Empire #22604670 |
| 06/04/2026 | $1,295 | Listed For Rent | Zillow Rentals |
| 06/04/2026 | $1,650 | ListingRemoved | Zillow Rentals |
| 04/28/2026 | $1,650 | Listed For Rent | Zillow Rentals |
| 02/24/2026 | $1,700 | ListingRemoved | Zillow Rentals |
| 01/05/2026 | $1,700 | Listed For Rent | Zillow Rentals |
| 01/02/2026 | $1,295 | ListingRemoved | Zillow Rentals |
| 11/12/2025 | $1,295 | Listed For Rent | Zillow Rentals |
| 08/29/2025 | $1,295 | ListingRemoved | Zillow Rentals |
| 06/21/2025 | $1,295 | Listed For Rent | Zillow Rentals |
| 06/19/2025 | $1,650 | ListingRemoved | Zillow Rentals |
| 05/07/2025 | $1,650 | Listed For Rent | Zillow Rentals |
| 04/09/2025 | $1,295 | ListingRemoved | Zillow Rentals |
| 02/28/2025 | $1,295 | PriceChange | Zillow Rentals |
| 01/31/2025 | $1,650 | PriceChange | Zillow Rentals |
| 12/21/2024 | $1,295 | Listed For Rent | Zillow Rentals |
| 06/06/2024 | ListingRemoved | Zillow Rentals | |
| 09/26/2023 | $1,295 | Listed For Rent | Zillow Rentals |
Similar Homes You May Like
New Listings near 4802 S Hosta Ave
Property Tax and Assessment
| Year | 2020 |
|---|---|
| Tax | $13,386 |
| Assessment | $1,613,000 |
Home facts updated by county records
Comparable Sales for 4802 S Hosta Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.97 | Multi-Family Home | $285,000 | 08/27/25 | - | 1,728 | ||
1.97 | Multi-Family Home | $360,000 | 01/16/26 | - | 2,050 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4802 S Hosta Ave.
What Locals Say about Sioux Falls
At least 711 Trulia users voted on each feature.
90 % Say car is needed
89 % Say it's dog friendly
88 % Say there are sidewalks
87 % Say parking is easy
78 % Say yards are well-kept
74 % Say there's holiday spirit
74 % Say kids play outside
69 % Say streets are well-lit
67 % Say people would walk alone at night
65 % Say it's quiet
55 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
44 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
41 % Say there's wildlife
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David W Shelton, CENTURY 21 Advantage

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.
4802 S Hosta Ave, Sioux Falls, SD 57110 is a studio, 59,544 sqft multi-family built in 2000. This property is currently available for sale and was listed by Realtor Association of the Sioux Empire on Jun 25, 2026. The MLS # for this home is MLS# 22604670.

