22-Unit Apartment
TBD 1954-1984 RUSSELL ST, Spearfish, SD 57783
For Sale
$5,685,000
MULTI-FAMILY, Spearfish, SD
Property SizeContact for details
Days on Market751
Property Features for TBD 1954-1984 RUSSELL ST
General Information
Property type
Property subtype
Subdivision
Lot features
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Elementary school district
Middle school district
High school district
Directions
Standard status
Taxes and HOA fees
Tax Year
Utilities
Heating system
Cooling system
Amenities
laundry room
deck/patio
Building Details
Number of units
Roof type
Buildings
Listing Agency:
Great Peaks Realty
(605) 717-7325
Listed By:
Heath Gran · License SD #1984
(605) 209-2052
Added: Oct 23, 2024
Changed: Nov 2
Last Checked: Nov 12 at 8:06PM
MLS# 82169
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.
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Investment Insights
Based on property information with market context.
The property comprises 11 duplex buildings with 22 rental units. Each duplex is described as 836 square feet, with an open layout, a stationary island, two bedrooms including one ensuite, two full bathrooms, and a laundry room. Apartments are furnished with appliances and include a deck or patio, plus off-street parking. Heating is forced air, cooling is central air, and the roof is composition.
The site is approved for 21 structures and 42 units in total. The existing units have maintained 100% occupancy since completion.
The site is approved for 21 structures and 42 units in total. The existing units have maintained 100% occupancy since completion.
Key Highlights
- 22 rental units across 11 buildings
- Approved development plan allows 21 structures and 42 units
- Each duplex is 836 sq ft
Property Analytics
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Lease Details
22
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Eleven duplex buildings provide furnished apartments with private outdoor space and off-street parking.
Where is this apartment building 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 rental units across 11 buildings; Approved development plan allows 21 structures and 42 units; Each duplex is 836 sq ft
