$4,631 Closing Credit¹
#22503203, Jim Koch, Listing Office: Keller Williams Realty Sioux Falls
$430,000 List price
207 W 14th St Sioux Falls, SD 57104
$5,106
Closing credit¹
Multi-Family
Property details
About 207 W 14th St
Unlock a rare investment opportunity with an impressive 8% cap rate in the heart of downtown Sioux Falls! This prime triplex offers exceptional income potential, situated just steps from top attractions, dining, and entertainment—ensuring steady tenant demand and consistent cash flow. Whether you're looking to build equity or maximize rental income, this property is a smart choice for savvy investors. Act now to capitalize on this high-yield opportunity—properties like this don’t stay on the market long! Reach out today to learn more and secure your foothold in one of the area's most vibrant neighborhoods. Listing agent is related to the seller.
Highlights
Home typeTriplex
HeatingHot Water
StatusActive
Year built1913
MLS #22503332
Summary
- Appliances: Oven/Range, Refrigerator
- Flooring Type: Carpet, Vinyl
- Heating: Hot Water
- Cooling: None
- List Price: $430,000
- Annual Tax Amount: $5,492
- Tax Year: 2022
- Directions: Minnesota Ave at 14th St, E to 207.
- Year Built: 1913
- Stories: 2
- MLS Number: 22503332
- Office Name: Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
- Office Phone: (605) 274-1034
- Office Email: info@bhhssiouxfalls.com
- Listing Agent: Amanda Nielsen-Doop
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 other brokerage firms 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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 2:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$430,000
207 W 14th St
$5,106
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $298,300 | $5,492 |
| 2021 | $128,000 | $2,471 |
| 2020 | $138,900 | $2,706 |
| 2019 | $167,056 | $3,298 |
| 2018 | $176,567 | $3,457 |
History based on county public records data.
Nearby schools
3
Lowell Elementary School
Public District KG-5
0.5 mi
•710 W 18th St
3
Hawthorne Elementary School
Public District KG-5
0.9 mi
•601 N Spring Ave
4
Susan B. Anthony Elementary School
Public District KG-5
1.0 mi
•2000 S Dakota Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,310. Residents of Sioux Falls, SD typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
64%
<35k
23%
35k-100k
0%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
77%
Single, No Kids
8%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
3%
12-17 yrs old
47%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NBA/WNBA
Pro Boxing
Where do the neighbors shop?
Burlington
Express/Express For Men
Banana Republic
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Popeyes
What do the neighbors drive?
Pontiac
Dodge
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 207 W 14th St in Sioux Falls, SD and zip code 57104 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $430,000.
Between April and May 2025, Sioux Falls, SD real estate market has seen increase in the number of listings by 87.5%. The median list price of listings available in May 2025 was $392,172, while the average time on the real estate market was 65 days.
From Rocket Homes Real Estate and based on county public records data.