Property details
About 4900 W 38th St
Duplex boasting 2 units with an extra living quarters and an incredible location. Located just a 1.5 blocks from Lake Lorraine, your and/or your tenants & guests will never run out of things to do (see https://lakelorrainesiouxfalls.com/ for all the goings on around the lake). Walking trail, restaurants, shopping, grocery, bike trail, recreation, healthcare, parks, and schools are all just blocks away, and easy access to main thoroughfare and the interstate. Unit 1 features 3 bedrooms and a full bath. The kitchen has been recently updated with quality cabinets from Scott's Lumber, and a new bathtub installed in the bathroom. Unit 1 also includes an unfinished basement with laundry and a potential for more finished space. Unit 2 has 2 bedrooms, a bath, and laundry in the unit. Unit 2 also boasts beautiful hardwood floors. Unit 3 (living quarters in the lower level) features a bedroom, 3/4 bathroom, laundry in unit, and kitchen. Units 1 & 2 each have a parking space in the garage and Unit 3 can use the parking pad. This floorplan allows for a ton of flexibility and creativity for its owner and accommodates long & short-term rental strategies or a house hacking opportunity. And with such a prime location, rents are sure to remain stable and vacancies low.
Highlights
Virtual tour
Summary
- Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Flooring Type: Carpet, Laminate, Vinyl, Wood
- Attached Garage: No
- Heating: Multi Unit(s)
- Cooling: Central Air
- List Price: $535,000
- Directions: 41st & Terry, N to home. Or 38th & Marion, E to home.
- Year Built: 1962
- Stories: 1
- MLS Number: 22504425
- Office Name: 605 Real Estate LLC
- Office Phone: (605) 759-4294
- Office Email: tonya@605advantage.com
- Listing Agent: Jon Fick
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Price information
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Nearby schools
4
Oscar Howe Elementary School
Public District KG-5
0.8 mi
•2801 S Valley View Rd
7
John F. Kennedy Elementary School
Public District KG-5
1.2 mi
•4501 S Holbrook Ave
3
Laura Wilder Elementary School
Public District KG-5
1.7 mi
•2300 S Lyndale 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 $35,938. The majority of Sioux Falls, SD residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
Living in Sioux Falls, SD
Transportation in Sioux Falls is facilitated by a comprehensive road network, including major highways that connect the city to surrounding areas. Public transit is available, with bus services covering key routes throughout the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also available for cycling enthusiasts. While specific ride-sharing services are operational in the city, their presence complements the existing transportation options, offering residents and visitors an additional mode of travel.
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is well-supported with several hospitals and clinics offering a variety of services from emergency care to specialized treatments. Retail and dining options are plentiful, with local businesses and national chains providing a mix of shopping and culinary experiences that mirror the city's diverse character. Sioux Falls is also home to a network of public libraries that serve as educational and cultural hubs.
Sioux Falls is celebrated for its welcoming community spirit and the balance it strikes between urban amenities and natural beauty. The city prides itself on its well-maintained parks, including the iconic Falls Park, which serves as a focal point for both residents and visitors. Annual events such as the Sioux Falls JazzFest and SculptureWalk add to the city's vibrant cultural scene, reflecting the community's appreciation for the arts and entertainment.
Sioux Falls presents a diverse housing market with a blend of residential options to suit various preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from ranch to split-level and contemporary. The city also offers a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The housing development in Sioux Falls has seen various phases, with a notable number of homes constructed in the late 20th century.
About 4900 W 38th St
The listing price of 4900 W 38th St property is $535,000.
The property 4900 W 38th St is a multi located in Sioux Falls, South Dakota, 57106.
Active Listing: 4900 W 38th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4900 W 38th St are: Oscar Howe Elementary School (GreatSchools Rating 4/10), John F. Kennedy Elementary School (GreatSchools Rating 7/10), Laura Wilder Elementary School (GreatSchools Rating 3/10), Memorial Middle School (GreatSchools Rating 6/10), Edison Middle School (GreatSchools Rating 4/10), Patrick Henry Middle School (GreatSchools Rating 7/10), Roosevelt High School (GreatSchools Rating 3/10), Lincoln High School (GreatSchools Rating 4/10), Tea Area High School - 03 (GreatSchools Rating 8/10).
The year of construction for 4900 W 38th St is 1962.
This home is located at 4900 W 38th St in Sioux Falls, SD and zip code 57106. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $535,000.
The inventory of homes for sale in Sioux Falls, SD between May and June 2025 increased by 61%. The median list price of listings available in June 2025 was $377,750, while the average time on the real estate market was 62 days.