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3 Beds
2 Baths
1,242 sqft

$424,900

1501 S Ellis Rd, Sioux Falls SD, 57106

Price per sqft$342.11
Built in1950
Property size1,242 sqft
Property typeResidential
Listed by Tony Ratchford with Keller Williams Realty Sioux Falls Listing Contact: [email protected]

Overview

Active

Listed Oct 26, 2026

Updated 10 days ago

Investment Opportunity: Currently zoned Agriculture, with reported potential to rezone to Commercial for up to a 24-unit apartment building. Property is within the Sioux Falls/Minnehaha County Joint Jurisdiction boundary. Set on an amazing 1-acre lot in town, this 3 bed, 2 bath home offers space, flexibility, and investment potential all in one place. The main level has been nicely updated throughout the years and provides all the living space you need for comfortable everyday living. The basement offers an additional 1,200 square feet of unfinished space — perfect to finish for extra bedrooms and a bath, or keep as a large family room. With a full acre, the possibilities are endless — room to add a large shop for the car enthusiast, extra storage, outdoor living, and more.

$2,827/mo

Est. mortgage payment based on a $424,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22608123

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$3,080
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Tony Ratchford with Keller Williams Realty Sioux Falls Listing Contact: [email protected] 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 10/28/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 REALTOR® Association of the Sioux Empire all rights reserved.

Data last updated on 10/28/2026 at 6:08 PM UTC

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