Advertise
    Spearfish, SD
    Apartment Building

    Spearfish, SD Apartment Buildings for Sale

    Notify Me
    List
    Map
    5-Unit Apartment Building with Garage
    Updated: Mar 9
    5-Unit Apartment Building with Garage

    314 5th Street, Spearfish, SD 57783

    $659,000
    4,305 sqft
    5‑unit apartment property with 4,305 square feet
    100% occupancy rate
    Unit mix includes four 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath basement unit
    Four units remodeled with updated appliances, fixtures, flooring, cabinets, and plumbing fixtures
    Detached garage with alley access, additional parking, and front off‑street parking
    View details
    22-Unit Apartment Property
    Updated: Oct 23, 2024
    22-Unit Apartment Property

    TBD 1954-1984 Russell Street, Spearfish, SD 57783

    $5,685,000
    3.25 AC lot
    22 total rental units across 11 buildings
    Each unit measures 836 sq ft with 2 bedrooms and 2 full bathrooms
    Completed in 2022; 100% occupancy since completion
    3.25‑acre site on Russell Street in Spearfish, SD
    Approved plan allows 21 structures and 42 total units
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Complex
    8-Unit Apartment Complex

    407 & 409 Millionaire Ave, Mott, ND 58646

    $825,000
    1,060 sqft 0.97 AC lot

    One-story residences provide step-free access, attached garages, and two-bedroom layouts with integrated laundry appliances.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    1948 Hillsview Dr, Rapid City, SD 57702

    $549,900
    0.90 AC lot

    Updated multifamily property near Canyon Lake Park, schools, shopping, and restaurants with tenant and owner storage options.

    View details
    Mott 8-Unit Townhouse Complex
    Mott 8-Unit Townhouse Complex

    407 & 409 Millionaire Ave, Mott, ND 58646

    Contact for pricing
    1,060 sqft

    8-unit apartment complex with long-term tenants in place.

    View details
    27-Unit Apartment Building with Garages
    27-Unit Apartment Building with Garages

    3313 Leland Ln, Rapid City, SD 57702

    $1,649,000

    Apartment property with on-site laundry, multiple unit layouts, and separate garage facilities.

    View details

    Off-Market Properties in Spearfish, SD

    Consider similar Off-Market properties in Spearfish, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    230 Main St
    Multifamily properties

    230 Main St, Spearfish, SD 57783

    Estimated value:
    No data
    8,685 sqft 0.64 AC lot
    View details

    Spearfish, SD Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 4,305 square feet of properties for sale, with an estimated market value of $6,344,000.

    Sale prices for two-family homes in Spearfish, SD start at $659,000, averaging $3,172,000, 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.

    List
    Map

    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
    57783 $3.2M

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Spearfish, SD

    Popular Categories

    Most Searched ZIP Codes in Spearfish, SD

    • 57783

    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

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!