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    Spearfish, SD
    Duplex

    Spearfish, SD Duplexes for Sale

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    Hot Springs, SD Lead, SD Belle Fourche, SD Saint Onge, SD Whitewood, SD Deadwood, SD Sturgis, SD Beulah, WY
    Updated Duplex with Barn
    Updated: Sep 15, 2025
    Updated Duplex with Barn

    3225 Old Belle Road, Spearfish, SD 57785

    $849,000
    3,950 sqft 1.62 AC lot
    3,950‑square‑foot duplex property on 1.62 acres
    Two updated rental units, each with 2 bedrooms and 1 bathroom
    Mostly finished barn currently leased for office and storage use
    Located at 3225 Old Belle Road in Spearfish, just off Exit 8
    Outbuildings, barn, and RV parking included
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    Modern 22-Unit Duplex Development
    Updated: Aug 25
    Modern 22-Unit Duplex Development

    TBD 1954-1984 Russell St, Spearfish, SD 57783

    $5,685,000
    836 sqft
    22 total rental units across 11 duplex buildings
    Each unit measures 836 sq ft with 2 bedrooms and 2 full bathrooms
    One ensuite bedroom and a dedicated laundry room in every unit
    Deck or patio and off‑street parking provided for each unit
    Appliance‑furnished, open‑concept apartment‑style layouts
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    Mixed-Use Property with Duplex
    Mixed-Use Property with Duplex

    3225 Old Belle Road, Spearfish, SD 57783

    Contact for pricing
    3,950 sqft 1.62 AC lot

    Light Industrial-zoned property combining office-storage space with an updated two-unit rental home.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Duplex with Balcony
    Renovated Duplex with Balcony

    735 N Ames Street, Spearfish, SD 57783

    Contact for pricing

    Renovated 2-story duplex offers two 2-bedroom units, each with a full kitchen, plus a one-car garage and storage.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Side-by-Side Duplex with Updated Exterior
    Side-by-Side Duplex with Updated Exterior

    1511 & 1515 Meade Avenue, Sturgis, SD 57785

    $333,000
    1,344 sqft 0.22 AC lot

    Two occupied units include appliances, laundry equipment, storage sheds, and backyard sprinkler systems.

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    Three-Duplex Multifamily Property
    Three-Duplex Multifamily Property

    802 Miners Avenue, Lead, SD 57754

    $275,000
    3,894 sqft

    Three duplexes provide varied residential layouts with a shared two-car garage and renovation needs.

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    Remodeled Duplex with Updated Interiors
    Remodeled Duplex with Updated Interiors

    8 Baltimore Street, Lead, SD 57754

    $299,900

    Two-unit property featuring refreshed living spaces, basement storage, and shared laundry equipment.

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    Duplex With Detached Garage
    Duplex With Detached Garage

    840 Park St, Sturgis, SD 57785

    Contact for pricing

    Main residence includes a two-bedroom rental unit, walkout basement, and deck adjoining the living room.

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    Spearfish, SD Duplexes Market Trends and Statistics

    Explore 4 duplexes for sale in Spearfish, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,736 square feet of properties for sale, with an estimated market value of $6,534,000.

    Sale prices for duplexes in Spearfish, SD start at $849,000, averaging $3,267,000, and reaching up to $5,685,000 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 4
    Short term rental properties 2
    Triplexes 1

    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
    Sturgis - 57785 $849K
    Spearfish - 57783 $3.1M

    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)

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    Browse Duplexes for Sale Near Spearfish, SD

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    Most Searched ZIP Codes in Spearfish, SD

    • 57783
    • 57785

    Featured Spearfish Real Estate Agencies

    Realmo connects you with licensed Spearfish CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Landmark Realty & Development Company
    1130 North Main Street, Suite #7 Spearfish, SD 57783
    Phone: 16056412979
    www.spearfishlandmark.com

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