This Multifamily Property is no longer advertised on LoopNet.com.

1508 E Rice St
Sioux Falls, SD 57103
Rice St. Apartments · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Many of the tenants have been there for years.
  • High occupancy rate
  • Very affordable rent

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.39 AC
Building Size 14,190 SF
Average Occupancy 94%
No. Stories 3
Year Built 1975
Parking Ratio 1.83/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $495.00 -
2+1 6 $650.00 -
1+1 11 $650.00 -

Property Taxes

Property Taxes

Parcel Number
31893
Land Assessment
$53,500
Improvements Assessment
$604,200
Total Assessment
$657,700
  • Listing ID: 24839504

  • Date on Market: 1/14/2022

  • Last Updated:

  • Address: 1508 E Rice St, Sioux Falls, SD 57103

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