4802 S Hosta Ave
Sioux Falls, SD 57110
- Studio
- 59,544 sqft (on 3.08 acres)
$7,950,000
$7,950,000
Studio
59,544 sqft
(on 3.08 acres)
Home Highlights
Price/Sqft
$134
Listed
60 days ago
Climate Control
Forced Air, Natural Gas & Electric
Local Information
-- mins to
About this House
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.
Last check for updates: about 7 hours ago
Listing courtesy of David W Shelton, (605) 906-8976
CENTURY 21 Advantage, Cell: 605-906-8976
Source: Realtor Association of the Sioux Empire, MLS#22604670

Also Listed on Realtor Association of the Sioux Empire.
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: Fire Alarm, Firewall(s), Smoke Detector(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: 60 |
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Year Built Year Built: 2021 |
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: 22604670Attribution Contact: Cell: 605-906-8976 |
Around this home
What Locals Say about Sioux Falls
At least 714 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.
Market trends in Sioux Falls
Last updated July 2026
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
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
1.97 | Multi-Family Home | $285,000 | 08/27/25 | - | 1,728 | ||
2.13 | Multi-Family Home | $1,120,000 | 07/09/26 | 22 | 15 | 13,404 | |
1.97 | Multi-Family Home | $360,000 | 01/16/26 | - | 2,050 | ||
2.10 | Multi-Family Home | $496,000 | 06/30/26 | - | 4,774 |
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 |
|---|---|---|---|---|---|---|
0.19 | $475,300 | 3 | 2 | 1,526 | Off Market | |
0.21 | $450,700 | 3 | 2 | 1,470 | Off Market | |
0.21 | $483,200 | 3 | 2.5 | 2,134 | Off Market | |
0.23 | $530,000 | 3 | 2 | 1,606 | Recently Sold | |
0.20 | $550,500 | 4 | 3 | 2,600 | Off Market | |
0.19 | $530,400 | 4 | 3 | 2,690 | Off Market | |
0.24 | $347,400 | 3 | 2 | 1,367 | Off Market | |
0.21 | $460,000 | 3 | 2 | 1,452 | Recently Sold | |
0.25 | $376,100 | 3 | 2 | 1,519 | Off Market | |
0.24 | $625,000 | 5 | 3 | 3,392 | Recently Sold | |
0.29 | $340,500 | 2 | 2 | 1,437 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 8, 2026 Source: Zillow Rentals | Listed For Rent | $1,700 |
Jul 3, 2026 Source: Zillow Rentals | ListingRemoved | $1,295 |
Jun 25, 2026 Source: Realtor Association of the Sioux Empire #22604670 | Listed For Sale | $7,950,000 |
Jun 4, 2026 Source: Zillow Rentals | Listed For Rent | $1,295 |
Jun 4, 2026 Source: Zillow Rentals | ListingRemoved | $1,650 |
Apr 28, 2026 Source: Zillow Rentals | Listed For Rent | $1,650 |
Feb 24, 2026 Source: Zillow Rentals | ListingRemoved | $1,700 |
Jan 5, 2026 Source: Zillow Rentals | Listed For Rent | $1,700 |
Aug 29, 2025 Source: Zillow Rentals | ListingRemoved | $1,295 |
Jun 21, 2025 Source: Zillow Rentals | Listed For Rent | $1,295 |
Jun 19, 2025 Source: Zillow Rentals | ListingRemoved | $1,650 |
May 7, 2025 Source: Zillow Rentals | PriceChange | $1,650 Price decreased by 3% |
May 7, 2025 Source: Zillow Rentals | Listed For Rent | $1,700 |
Apr 9, 2025 Source: Zillow Rentals | ListingRemoved | $1,295 |
Feb 28, 2025 Source: Zillow Rentals | PriceChange | $1,295 Price decreased by 22% |
Jan 31, 2025 Source: Zillow Rentals | PriceChange | $1,650 Price increased by 27% |
Dec 21, 2024 Source: Zillow Rentals | Listed For Rent | $1,295 |
Feb 29, 2024 Source: Zillow Rentals | ListingRemoved | |
Sep 26, 2023 Source: Zillow Rentals | Listed For Rent | $1,295 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2020 | $13,386 | $1,613,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
David W Shelton, CENTURY 21 Advantage, Cell: 605-906-8976
Agent Phone: (605) 906-8976

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.
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Frequently asked questions about 4802 S Hosta Ave
- What is the estimated monthly payment for 4802 S Hosta Ave?Based on a $7,950,000 list price with 20% down at today's rates, the estimated monthly payment for 4802 S Hosta Ave in Sioux Falls, SD is approximately $49,381 (about $41,687 principal & interest, $7,619 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 4802 S Hosta Ave compare to homes in Sioux Falls?4802 S Hosta Ave in Sioux Falls, SD is listed at $7,950,000, about 2329% above the $327K median sale price in Sioux Falls.
- What do residents say about Sioux Falls?Residents describe Sioux Falls, SD as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Sioux Falls, SD.
- What are the closest schools to 4802 S Hosta Ave?The closest schools to 4802 S Hosta Ave in Sioux Falls, SD are Ben Reifel Middle School - 68 (rated 7/10), John Harris Elementary - 23 (Pre-K, rated 8/10), Washington High School - 01 (rated 5/10).
- Does 4802 S Hosta Ave have air conditioning?Yes, 4802 S Hosta Ave in Sioux Falls, SD has air conditioning.
- Does 4802 S Hosta Ave have laundry facilities?Yes, 4802 S Hosta Ave in Sioux Falls, SD has in-unit laundry.
4802 S Hosta Ave, Sioux Falls, SD 57110 is a studio, 59,544 sqft multi-family built in 2021. 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.

