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    Hot Springs, SD Apartment Buildings for Sale

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    Historic Hot Springs Mixed-Use Building
    $920,000
    10,395 SF

    Historic Hot Springs Mixed-Use Building

    401 N River St, Hot Springs, SD

    Exceptional historic building with retail, residential, and garage spaces.

    • Largest and most exceptional historic sandstone building for sale in Hot Springs.
    • Prime location on N River Street with high retail traffic.
    • Substantial 10,395 square feet including retail space, loft apartment, and two large garages.
    • Complete overhaul in 2021 with new electrical, plumbing, flooring, paint, and fixtures.
    • New roof installation and roof repairs scheduled to begin in April/May 2023.
    Updated: Nov 5, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Hot Springs, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spearfish 5-Plex Investment Opportunity
    $659,000
    4,305 SF

    Spearfish 5-Plex Investment Opportunity

    Five-unit apartment building in downtown Spearfish with high occupancy.

    314 5th Street, Spearfish, SD 57783
    View details
    Rapid City Multifamily Investment Property
    $990,000
    0.16 Acres

    Rapid City Multifamily Investment Property

    8-unit multifamily property near downtown and School of Mines.

    10 E Quincy Street, Rapid City, SD 57701
    View details
    Spearfish Duplex Investment Opportunity
    $4,349,000
    3.25 Acres

    Spearfish Duplex Investment Opportunity

    Income-producing duplexes with expansion potential in Spearfish, South Dakota.

    1931-1984 Russell Street, Spearfish, SD 57783
    View details
    Rapid City Multifamily Value-Add Opportunity
    $1,099,900
    4,953 SF

    Rapid City Multifamily Value-Add Opportunity

    8-unit multifamily property with value-add potential in Rapid City.

    10 E Quincy St, Rapid City, SD 57701
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres

    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Prime Development Land Opportunity
    $2,750,000
    29.20 Acres

    Prime Development Land Opportunity

    29.2 acres of retail-zoned land in Springfield, Missouri.

    N West Bypass, Springfield, MO 65802
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    Explore Off-Market Properties in Hot Springs, SD

    Consider similar Off-Market properties in Hot Springs, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    402 Battle Mountain Ave

    402 Battle Mountain Ave

    Multifamily properties • 1.07 Acres
    Value Estimation by Request
    402 Battle Mountain Ave, Hot Springs, SD 57747
    View details

    Hot Springs, SD Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 46,696 square feet of properties for sale, with an estimated market value of $920,000.

    Sale prices for two-family homes in Hot Springs, SD start at $0.00, averaging $460,000, and reaching up to $920,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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