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Spearfish, SD Duplexes for Sale

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Whitewood, SD Lead, SD Belle Fourche, SD

6 results

Turnkey Motel/Airbnb Investment Opportunity

$1,700,000

5,787 SF

Turnkey Motel/Airbnb Investment Opportunity

450 W Kansas Street, Spearfish, SD 57783

20-unit motel/Airbnb with development potential in Spearfish, SD.

Turnkey 20‑unit motel/Airbnb operation, providing immediate cash flow.
Zoned C‑1 Commercial, allowing for diverse income strategies.
Development opportunity with completed flood study and plans for two additional duplexes.
High‑traffic location and high visibility.
Existing infrastructure includes natural gas heating and wall unit cooling.

Updated: Apr 21

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Spearfish Duplex Opportunity with Garages

$575,000

3,782 SF

Spearfish Duplex Opportunity with Garages

262 Upper Valley Road, Spearfish, SD 57783

Duplex opportunity near Spearfish with garages and spacious pole barn.

Potential duplex opportunity with private garage spaces for each residence.
Includes a large 30x40 pole barn and an oversized 21x37 garage for ample storage.
Located in the desirable Upper Valley Road area, minutes from downtown Spearfish.
Spacious ranch‑style home with 3 bedrooms on the main level, 2 bathrooms, and a walk‑in pantry.
Walkout basement with 4 non‑conforming bedrooms, living area, kitchenette, and laundry room.

Updated: Sep 22, 2025

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$900,000

3,950 SF

Spearfish Land with Income Potential

1.62 acres with barn, duplex, and expansion possibilities.

3225 Old Belle Road, Spearfish, SD 57783

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Spearfish Investment Property on Acreage

$900,000

3,950 SF

Spearfish Investment Property on Acreage

Investment property with duplex, barn, and expansion potential on 1.62 acres.

3225 Old Belle Road, Spearfish, SD 57785

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Spearfish Mixed-Use Investment Opportunity

$1,599,000

3,950 SF

Spearfish Mixed-Use Investment Opportunity

Successful business and investment property on 1.62 acres near Exit 8.

3225 Old Belle Road, Spearfish, SD 57783

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$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

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Rapid City Duplex Investment Opportunity

$285,000

1,640 SF

Rapid City Duplex Investment Opportunity

Up/down duplex with recent updates in Northwest Rapid City.

3225 W Rapid Street, Rapid City, SD 57702

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$309,900

Remodeled Duplex in Lead, SD

Recently remodeled duplex with modern amenities and convenient location.

8 Baltimore Street, Lead, SD 57754

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$285,000

Rapid City Duplex Investment Property

Fully rented duplex in Rapid City with consistent income.

3417 W Rapid Street, Rapid City, SD 57702

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$299,996

1,984 SF

Well-Kept Duplex in Lead

Duplex with off-street parking and garage near downtown.

116 Grand Avenue, Lead, SD 57754

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Spearfish, SD Duplexes Investment Opportunities Market Analysis

Explore 6 duplexes for sale in Spearfish, SD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,419 square feet of properties for sale, with an estimated market value of $5,674,000.

Sale prices for duplexes in Spearfish, SD start at $575,000, averaging $1,134,800, and reaching up to $1,700,000 — 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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Top Commercial Asset Segments

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 median listing prices of real estate assets

Neighborhood	Average Price
Sturgis	$900K
Spearfish	$1.8M

Taxes & Financing

Tax Rate (average for all types) 1.58%

Property Tax per SF $27.33 per sq ft

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

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Spearfish, SD Duplexes for Sale

Turnkey Motel/Airbnb Investment Opportunity

20-unit motel/Airbnb with development potential in Spearfish, SD.