Advertise
    Spearfish, SD
    Apartment Building

    Spearfish, SD Apartment Buildings for Sale

    Notify Me
    List
    Map
    Lead, SD Belle Fourche, SD Whitewood, SD
    Downtown 5-Plex Residential Income
    Updated: Mar 9
    Downtown 5-Plex Residential Income

    314 5th Street, Spearfish, SD 57783

    $659,000
    4,305 sqft
    5‑plex in downtown Spearfish operating at 100% occupancy
    All units are 1‑bedroom, 1‑bath, except the basement unit offers 2 bedrooms and 1 bathroom
    4 units remodeled with new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets
    Detached garage accessed from the alley, plus additional parking and front off‑street parking
    Brand‑new metal roof installed summer 2025
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Spearfish, 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.

    Opportunities in Nearby Cities

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

    8-Unit Apartment Building with Parking
    8-Unit Apartment Building with Parking

    811 Mallow Street, Rapid City, SD 57701

    $999,500
    5,198 sqft · 0.40 AC lot

    Eight-unit apartment building with private parking, zero-entry ground access, and in-unit laundry plus separate electric meters.

    View details
    8-Unit Multifamily with Off-Street Parking
    8-Unit Multifamily with Off-Street Parking

    10 E QUINCY, Rapid City, SD 57701

    $899,000

    Centrally located 8-unit multifamily property with off-street parking and landlord-paid utilities.

    View details
    Downtown 6-Plex with Detached Home
    Downtown 6-Plex with Detached Home

    103 W 7th St, Gillette, WY 82716

    $700,000
    5,350 sqft · 0.20 AC lot

    Recently remodeled 6-plex plus a detached 1-bedroom home with off-street parking near downtown amenities.

    View details
    Gillette Apartment Complex For Sale
    Gillette Apartment Complex For Sale

    1922-1931 Harvest Moon Dr, Gillette, WY 82718

    $5,900,000
    3,384 sqft · 0.20 AC lot

    Ten well-maintained 4-plex units with good rental history.

    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.

    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

    View details
    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

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

    View details
    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details

    Off-Market Properties in Spearfish, SD

    Consider similar Off-Market properties in Spearfish, 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.

    230 Main St
    Multifamily properties

    230 Main St, Spearfish, SD 57783

    Value Estimation by Request
    8,685 sqft · 0.64 AC lot
    View details

    Spearfish, SD Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 4,305 square feet of properties for sale, with an estimated market value of $659,000.

    Sale prices for two-family homes in Spearfish, SD start at $659,000, averaging $659,000, and reaching up to $659,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 18K
    Population Growth (5Y) +9.0%
    Median Household Income $64,970
    College Educated 47.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57783 $659K

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $27.33 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lawrence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Spearfish, SD

    Popular Categories

    Most Searched ZIP Codes in Spearfish, SD

    • 57783

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!