Lead, SD
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    Lead, SD Apartment Buildings for Sale

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    Deadwood, SD Spearfish, SD Whitewood, SD
    Thirteen-Unit Apartment Complex For Sale
    $1,195,000
    12,328 SF

    Thirteen-Unit Apartment Complex For Sale

    300 Aspen Drive, Lead, SD 57754

    Thirteen-unit apartment complex with recent updates and meticulous care.

    • Excellent value at approximately $100/square foot and $100,000/door.
    • Recent updates include a new roof, siding, decks, and windows (2019).
    • Meticulously cared for grounds and pristine location.
    • 13‑unit complex with a mix of 2‑bed/1‑bath and 1‑bed/1‑bath units.
    • History of meeting and exceeding HUD and Rural Development inspection standards.
    Updated: Mar 18, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lead, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Rapid City Apartment Investment Opportunity
    $999,500
    5,198 SF

    Rapid City Apartment Investment Opportunity

    Eight-unit apartment complex in central Rapid City with high occupancy.

    811 Mallow Street, Rapid City, SD 57701
    View details
    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
    $899,000
    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

    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
    View details
    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, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details

    Lead, SD Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Lead, SD on our real estate platform. These investment opportunities span a total of 12,328 square feet of properties for sale, with an estimated market value of $1,195,000.

    Sale prices for two-family homes in Lead, SD start at $1,195,000, averaging $1,195,000, and reaching up to $1,195,000 — 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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    Demographics Overview

    Population 3,605
    Population Growth (5Y) -4.8%
    Median Household Income $57,017
    College Educated 26.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57754 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $26.82 per sq ft
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

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