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Triplex Income Property Fixer-Upper

1958 Junction Avenue Sturgis, SD 57785

Claim this Listing
For Sale
$249,500

MULTI_FAMILY - Sturgis, SD

Added:
Jun 15, 2026
Days on Market:
27
Last Refresh:
Jul 11 at 1:06 am

Property Features for 1958 Junction Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Standard status
Active

Utilities

Heating system
Wall Furnace, Electric (Heating)

Building Details

Number of units
3
Building materials
Frame
Roof type
Composition

Listing agent Anari Hoff

Listing office The Real Estate Center of Spearfish 140 W Jackson Blvd, Spearfish, SD

Listing date Jun 15, 2026

MLS# 89101 Listing URL

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 property is a triplex consisting of three single-family homes currently rented to long-term tenants. The homes are in need of significant updates and repairs, making the asset well suited for buyers seeking a renovation or redevelopment plan.

The property is located at 1958 Junction Avenue in Sturgis, South Dakota (Meade County). The listing notes the property is zoned for single-family residential/commercial use, and buyers are advised to verify all information on MLS documents.

Because the homes are already operating as long-term rentals, the property may support continued rental use while repairs and renovations are completed, subject to buyer review and confirmation.

Key Highlights

  • Three single‑family homes generating rental income from long‑term tenants
  • Property needs significant updates and repairs
  • Zoned single family residential/commercial—allows continuation of the existing rental operation

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Nail Salon Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Gym & Fitness Center Storage Facility Accounting Firm Building Supply (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex with three rented single-family homes needing significant updates and repairs.
Where is this triplex located?
The property is located at 1958 Junction Avenue Sturgis, SD.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Three single‑family homes generating rental income from long‑term tenants; Property needs significant updates and repairs; Zoned single family residential/commercial—allows continuation of the existing rental operation
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