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    3225 Old Belle Rd Spearfish, SD 57785

    New
    For Sale
    $900,000

    Duplex, Up & Down - Spearfish, SD

    Type:Duplex
    Property size:
    3,950 SF
    Lot size:
    1.62 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 3225 Old Belle Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Parking features
    Offsite
    Interior features
    Smoke Detectors, Radon Mitigation Services
    Exterior features
    Outbuildings, Rv Parking, Barn, Landscaped
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Size
    3,950 SF
    Lot size
    1.62 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1967
    Number of units
    3
    Building materials
    Masonite, Other
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Barn(s), Outbuilding

    Great Peaks Realty Munro & Gran LLC (605) 209-2052 [email protected]

    Listing agent Scot Munro (605) 717-7325

    Listing date Dec 4, 2025

    MLS# 86080 Listing URL

    Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spearfish Investment Property on Acreage

    This investment property is located just off Exit 8 in Spearfish, SD, and includes a duplex and a barn on 1.62 acres. The duplex features two units, each with 2 bedrooms and 1 bathroom. The barn is mostly finished and currently leased as office and storage space. The property offers opportunities for expansion of units, equipment storage, or building additional structures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Startz & Startz Landscaping, ... Landscaper

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.890694
    Latitude
    44.519279

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    FAQs

    What type of property is this?
    Duplex - Investment property with duplex, barn, and expansion potential on 1.62 acres.
    Where is this duplex located?
    The property is located at 3225 Old Belle Rd Spearfish, SD.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 1.62-acre investment property with expansion potential; - Includes a mostly finished barn currently leased as office/storage space; - Updated duplex rental home with two 2-bedroom, 1-bathroom units
    (605) 717-7325
    Request Owner's contact information
    3225 Old Belle Rd Spearfish, SD 57785
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3225 Old Belle Rd Spearfish, SD 57785
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