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Duplex in Lead, South Dakota
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 Market89

Property Features for 118 Spark Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Rooms Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, 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

covered deck and patio area

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: Aug 19 Last Checked: Aug 30 at 7:06AM
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 well-kept duplex at 118 Spark Street offers frame construction with a metal roof and electric baseboard heating. The property includes two units, and both units have their own laundry plus storage space. Outdoor living includes a covered deck and patio area, and the home also features ample room configuration with multiple bedrooms.

Built in 1919, the duplex is located in Lead, Lawrence County, South Dakota. It is situated close to downtown activities, events, and entertainment in Lead, with parking provided on site.

The building is supported by electric baseboard heating and finished with pine materials, creating a cabin-like feel.

Key Highlights

  • Duplex with two units
  • Both units have their own laundry
  • Frame construction with metal roof

Property Analytics

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

Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-kept duplex with two units, each with its own laundry, covered deck, and metal roof in Lead.
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: Duplex with two units; Both units have their own laundry; Frame construction with metal roof
More about this property
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