901 N Cleveland Ave

Description

North Cleveland Apartments is a 48-unit multifamily opportunity located in a desirable Northeast Sioux Falls neighborhood, at 901 and 909 N Cleveland Ave. Built in 1993, the property includes two well-constructed buildings situated on two separately parceled 1.38-acre lots. The asset features approximately 48,000 square feet of rentable space across a mix of one-, two-, and three-bedroom units"designed to support long-term rental demand and consistent occupancy. Each unit offers a functional and spacious layout ranging from 635 to 1,043 square feet. Community amenities include 24 detached garage stalls and ample off-street surface parking"providing residents with an average of over 1.8 parking space per unit. Located near scenic creek views and just minutes from I-229, North Cleveland offers convenient access to schools like Anne Sullivan Elementary, shopping at Dawley Farm Village, parks such as Kenny Anderson Park, and major employers. With solid construction and a well-maintained infrastructure, North Cleveland stands as a reliable performer in a market defined by limited Class B/C supply and strong demand for mid-market rentals. This well-located, income-producing asset presents an excellent opportunity for steady cash flow and long-term value in Sioux Falls thriving rental landscape.