Property Details

4809 S Tennis Ln presents an excellent opportunity to acquire a clean, well-maintained 4-plex in a high-demand south Sioux Falls location. Positioned directly across from a fitness center and just minutes from shopping, dining, and entertainment, this property benefits from a tenant-friendly setting with broad appeal. The unit mix includes one 3-bedroom, two 2-bedroom units, and one 1-bedroom — each with its own private deck, in-unit laundry, and an efficient, comfortable layout. All units are individually metered for electric and feature separate central heat and air. Tenants pay all their own electric, with the landlord covering water, sewer, garbage, lawn, snow, and natural gas for Unit 2. A utility reimbursement is currently in place to help offset shared expenses. The property includes five garage stalls — creating an additional income stream if rented separately — plus extra off-street parking behind the building. Whether you're looking to house hack, diversify with a short/mid/long-term rental mix, or simply add a stable, appreciating asset to your portfolio, this one checks the boxes. A high-performing building in a high-demand area with built-in versatility and clear upside. Don’t miss it.