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Multifamily Property with Two-Story Design
For Sale
$659,000

314 5th Street, Spearfish, SD 57783

The property includes 4,305 square feet and a mix of electric and natural gas baseboard heating.

Property Size4,305 SF
Price / SF$153.08
Days on Market202

Property Features for 314 5th Street

General Information

Standard status Active
Size 4,305 SF
Property subtype Residential Income

Amenities

Baseboard, Electric, Natural Gas
Full
Range, Oven, Refrigerator
2 Story

Building Details

Building Size 4,305 SF
Year Built 1952
Listing Agency: Great Peaks Realty Munro & Gran LLC
Listed By: Heath Gran · License #1984
Source: Evrealestate
Added: Mar 9 Changed: Sep 25 Last Checked: Sep 25 at 2:17AM

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 Great Peaks Realty Munro & Gran LLC

Investment Insights

Based on property information with market context.

This two-story multifamily property was built in 1952 and contains 4,305 square feet. Interior features include baseboard heating powered by electricity and natural gas, a full bathroom, and a range, oven, and refrigerator.

Key Highlights

  • 4,305 square feet of multifamily space
  • Two‑story property built in 1952
  • Electric and natural gas baseboard heating

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - The property includes 4,305 square feet and a mix of electric and natural gas baseboard heating.
Where is this multifamily property located?
The property is located at 314 5th Street Spearfish, SD.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 4,305 square feet of multifamily space; Two‑story property built in 1952; Electric and natural gas baseboard heating
More about this property
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