1118 W 8th St

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1118 W 8th St, Sioux Falls, SD 57104, USA
Chicago & Midwest + Apartment Buildings
Created date: May 6, 2026
Date last updated: October 4, 2026
Price: $300,000Investment Analyzer NEW!

Property Description

CASH FLOW MACHINE! This high-performing 5-Plex is priced at $300K with approximately $3,660/month in gross rental potential-exceeding the 1% Rule. Whether you're an investor chasing strong returns or an owner-occupant looking to offset your mortgage, this one delivers. Each unit offers 1 bed, 1 bath, making it highly attractive for consistent tenant demand and easy leasing. Recent improvements include fresh interior and exterior paint, with most units featuring new flooring, carpet, and updated finishes, giving the property a clean, modern feel tenants are actively looking for. A detached garage adds additional income potential, creating another stream of cash flow. This is a true turnkey opportunity with strong rental upside and minimal immediate maintenance needs. High demand, strong numbers, and above-average returns-opportunities like this don't last. Lock it in before someone else does.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $300,000
Year Built: 1919
Lot Size: 2,204.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1118 W 8th St, Sioux Falls, SD 57104-2876, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

2745 29th Avenue S

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $384,900

3428 Hennepin Avenue S

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $625,000

4912 Franklin Boulevard

Cleveland, Ohio
Chicago & Midwest + Apartment Buildings
Price: $310,000

Brokers

View All

Lenders

View All