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    Hot Springs, SD
    Multifamily

    Hot Springs, SD Multifamily Properties for Sale

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    Custer, SD Oral, SD Smithwick, SD Fairburn, SD Oelrichs, SD Edgemont, SD
    Fourplex With Garage Parking
    Updated: Sep 3
    Fourplex With Garage Parking

    438 S 14th Street, Hot Springs, SD 57747

    $499,000
    5,160 sqft 0.30 AC lot
    Fourplex with 5,160 square feet on 0.3 acres
    Built in 1984 with a new composition roof and newer aluminum siding
    Each unit includes 2 bedrooms, 1 bath, and individual laundry hookups
    Garage allocation includes 1 stall each for Units #1‑3 and 2 stalls for Unit #4
    Unit #4 features a bonus sun room and extra generous bedroom
    View details
    Duplex with Guest Apartment
    Updated: Aug 3
    Duplex with Guest Apartment

    12076 Beardsley Drive, Hot Springs, SD 57747

    $1,085,000
    5.00 AC lot
    5‑acre property at 12076 Beardsley Drive, Hot Springs, SD 57747
    Approximately 1,800 square feet on the main level plus a 900‑square‑foot basement
    630‑square‑foot apartment above or adjacent to the shop
    15' x 30' year‑round greenhouse
    Full RV hookup, barn, carport, and garage
    View details
    Multifamily Property
    Multifamily Property

    438 S 14th Street, Hot Springs, SD 57747

    $499,000
    5,160 sqft

    The property is located directly across from Butler Park in Hot Springs.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Hot Springs, 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.

    5-Unit Apartment Complex
    5-Unit Apartment Complex

    115 S Summit Ave, Newcastle, WY 82701

    $395,000
    6,708 sqft 0.24 AC lot

    Two-building multifamily property with four rented units and one additional unit being prepared for occupancy.

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    Horse Property with Rental Cabins
    Horse Property with Rental Cabins

    11863 West Argyle Road, Custer, SD 57730

    Contact for pricing
    3,696 sqft

    Fenced pastures, cabins, and a guest bunkhouse complement the primary residence.

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    Self-Storage Facility with RV Spaces
    Self-Storage Facility with RV Spaces

    210 Wentworth E, Newcastle, WY 82701

    $325,000

    The property combines storage units with long-term RV sites and two seller-owned rental RVs.

    View details
    Renovated Multi-Family Property in Custer
    Renovated Multi-Family Property in Custer

    437 Montgomery St, Custer, SD 57730

    Contact for pricing

    Thirteen-unit property near downtown Custer with renovation and furnished units.

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    Off-Market Properties in Hot Springs, SD

    Consider similar Off-Market properties in Hot Springs, 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.

    402 Battle Mountain Ave
    Multifamily properties

    402 Battle Mountain Ave, Hot Springs, SD 57747

    Estimated value: by Request
    1.07 AC lot
    View details

    Hot Springs, SD Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Hot Springs, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,320 square feet of properties for sale, with an estimated market value of $2,083,000.

    Sale prices for multifamily properties in Hot Springs, SD start at $499,000, averaging $694,333, and reaching up to $1,085,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 5,889
    Population Growth (5Y) -0.4%
    Median Household Income $64,023
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57747 $792K

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $92.35 per SF
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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