1501 S Ellis Rd, Sioux Falls, SD Home for Sale
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1501 S Ellis Rd, Sioux Falls For Sale

1501 S Ellis Rd, Sioux Falls, SD 57106 - Asking Price: $424,900 
Listed by Tony Ratchford, Keller Williams Realty Sioux Falls, Office: 605-275-0555

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.

Important Property Info
Status: Active
Bedrooms: 3
Bathrooms: 2
Sq Ft: 1,242 SqFt
Asking Price: $424,900
Taxes: $3,080
Property Details
MLS Number: 22608123
Style: Split Foyer
Year Built: 1950
Elementary School: Discovery ES
Junior/Middle High: George McGovern MS - Sioux Falls
High School: Thomas Jefferson High School
Measurements
Living Room: 21 x 12 Level: Main
Kitchen: 16 x 14 Level: Main
Master Bedroom: 12 x 11 Level: Main
Bedroom 2: 11 x 11 Level: Main
Bedroom 3: 10 x 10 Level: Main
Extra Room 1: 10 x 8 Level: Main
Lot (sq/ft): 43,560
Lot (acres): 1.00
Others
Interior Features: 3+ Bedrooms Same Level
Exterior Features: Hard Board
Garage Type: Attached

Listing Courtesy of Tony Ratchford, Keller Williams Realty Sioux Falls, Office: 605-275-0555
© 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved. Information Deemed Reliable but Not Guaranteed.

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1501 Ellis Rd, Sioux Falls, SD