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314 5th StSpearfish, SD 57783

ORIGINAL TOWN · Lawrence County

$659,000List price
1952Year built
6 months agoOn market

Description

Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled with new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units are 1-bedroom, 1-bathroom, except the basement unit is a larger 2-bedrooms, 1-bathroom unit. Basement also offers a common laundry room area. There is a detached garage accessed from the alley along with additional parking, plus front off-street parking! Brand new roof in summer 2025.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Style
2 Story
Year built
1952
Zoning
Unknown
Days on market
197
MLS® Listing#
177810

Property Features

Appliances
Range · Oven · Refrigerator
Cooling
Window Unit(s)
Heating
Baseboard · Electric
Lot features
Level
Construction
Stucco
Roof
Other
Security
Smoke Detector(s)
Utilities
Natural Gas Available
Sewer
Public Sewer
Water source
Public

Listing Courtesy: GREAT PEAKS REALTY MUNRO & GRAN - 6057177325

Presented by: HEATH GRAN

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Black Hills Association of REALTORS®. All rights reserved.

Spearfish Market Statistics

How this home compares to 268 active listings in Spearfish, SD

Spearfish medianThis listing
Median listing price$666,667$659,000
Median days on market91197
Median Sq Ft2,636—
Median price / Sq Ft$259—

Market statistics compiled from active EXIT Realty® and MLS listings in Spearfish, SD.

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Connect with a Local Real Estate Expert

  • Linnea Bulyca

    Sales Representative

    EXIT Realty Black Hills

  • Ray Moore

    Sales Representative

    EXIT Realty Black Hills

  • Hadass Negi

    Associate Broker

    EXIT Realty Black Hills

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than EXIT Realty Black Hills are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright ©2026 Mount Rushmore Area Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.