Modern 22-Unit Duplex
New
For Sale
$5,685,000
TBD 1954-1984 Russell St, Spearfish, SD 57783
Appliance-furnished duplex units feature open layouts, private outdoor space, and dedicated off-street parking.
Property Size836 SF
Price / SF$6,800
Days on Market6
Property Features for TBD 1954-1984 Russell St
General Information
Standard status
Active
Size
836 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
22
Building Details
Year Built
2022
Buildings
11
Listing Agency:
Engel & Voelkers Black Hills, LLC
(605) 670-8030
Listed By:
Brittni Bjorum, Realtor & Megan Hildebra · License #12403
(605) 670-8030
Source:
Realestateblackhillssd
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 26 at 12:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Voelkers Black Hills, LLC
Investment Insights
Based on property information with market context.
Completed in 2022, this multifamily property comprises 11 duplex buildings with 22 apartment-style units. Each 836-square-foot unit includes an open-concept living area, a large stationary island, two bedrooms, two full bathrooms, a laundry room, and a deck or patio. One bedroom in each unit includes an ensuite bathroom, and the residences are furnished with appliances. Off-street parking is provided for residents.
The development has maintained 100% occupancy since completion. The approved site plan allows 21 structures totaling 42 units, providing a defined framework for additional development beyond the existing buildings.
The development has maintained 100% occupancy since completion. The approved site plan allows 21 structures totaling 42 units, providing a defined framework for additional development beyond the existing buildings.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 57783, SD
16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Appliance-furnished duplex units feature open layouts, private outdoor space, and dedicated off-street parking.
Where is this duplex located?
The property is located at TBD 1954-1984 Russell St Spearfish, SD.
What is the asking price?
The asking price for this property is $5,685,000.
What are key features of this property?
This property features: 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
