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Two-Unit Duplex with Covered Deck
For Sale
$300,000

118 Spark Street, Lead, SD 57754

MULTI-FAMILY, Up & Down, Lead, SD

Property Size2,088 SF
Price / SF$143.68
Days on Market135
Rey
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Property Features for 118 Spark Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Rooms Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2
Elementary school district Lead/Deadwood
Middle school district Lead/Deadwood
High school district Lead/Deadwood
Directions Lead - Take Addie Street to Spark Street, known as Lower Spark Street.
Subdivision Lead
Standard status Active
Size 2,088 SF

Utilities

Heating system Electric (Heating), Baseboard

Amenities

laundry
covered deck
patio
storage space

Building Details

Year built 1919
Number of units 2
Building materials Frame
Roof type Metal
Architectural style Other
Listing Agency: Real Properties of Lead - Deadwood
Listed By: Eric Henneman · License ##13121
Added: Jun 3 Changed: Sep 13 Last Checked: Oct 15 at 3:06PM
MLS# 88979

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,088 square feet in an up-and-down configuration, with five bedrooms identified in the property record. Each unit includes its own laundry area and storage space. A covered deck and patio add usable outdoor areas, while on-site parking supports the property’s residential function.

Built in 1919, the frame structure has a metal roof and electric baseboard heating. The property is located in Lead, South Dakota, near downtown activities, events, and entertainment. Its location also places it within the broader setting of the Mountain Town of Lead and the activity associated with Sanford Lab.

Key Highlights

  • 2,088‑square‑foot duplex with an up‑and‑down unit arrangement
  • Separate laundry facilities and storage areas for both units
  • Covered deck and patio provide outdoor amenity space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 57754, SD

3,579
Population
2,929
Households
1.2
Avg Household Size
48
Median Age
21%
College-Educated
96%
High-School Grad
264.9 sq mi
ZIP Area
14
Density / Sq Mi
$57,017
Median Household Income
$36,552
Median Earnings
$849
Median Rent
$220,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down duplex with separate laundry and storage areas serving both units.
Where is this duplex located?
The property is located at 118 Spark Street Lead, SD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,088‑square‑foot duplex with an up‑and‑down unit arrangement; Separate laundry facilities and storage areas for both units; Covered deck and patio provide outdoor amenity space
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