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    Spearfish, SD Multifamily Properties for Sale

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    Sioux Falls, SD Aberdeen, SD Rapid City, SD
    8 results
    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF

    Turnkey Motel/Airbnb Investment Opportunity

    450 W Kansas Street, Spearfish, SD 57783

    20-unit motel/Airbnb with development potential in Spearfish, SD.

    • Turnkey 20‑unit motel/Airbnb operation, providing immediate cash flow.
    • Zoned C‑1 Commercial, allowing for diverse income strategies.
    • Development opportunity with completed flood study and plans for two additional duplexes.
    • High‑traffic location and high visibility.
    • Existing infrastructure includes natural gas heating and wall unit cooling.
    Updated: Apr 21
    View details
    Spearfish 5-Plex Investment Opportunity
    $659,000
    4,305 SF

    Spearfish 5-Plex Investment Opportunity

    314 5th Street, Spearfish, SD 57783

    Five-unit apartment building in downtown Spearfish with high occupancy.

    • Incredible rental investment opportunity with 100% occupancy rate.
    • Four of five units remodeled with new appliances, fixtures, flooring, cabinets, vanities, countertops, sinks, and toilets.
    • Located in downtown Spearfish.
    • Includes a larger 2‑bedroom, 1‑bathroom basement unit.
    • Features a detached garage and additional parking, plus front off‑street parking.
    Updated: Mar 9
    View details
    Spearfish Duplex Opportunity with Garages
    $575,000
    3,782 SF

    Spearfish Duplex Opportunity with Garages

    Duplex opportunity near Spearfish with garages and spacious pole barn.

    262 Upper Valley Road, Spearfish, SD 57783
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    Spearfish Land with Income Potential
    $900,000
    3,950 SF

    Spearfish Land with Income Potential

    1.62 acres with barn, duplex, and expansion possibilities.

    3225 Old Belle Road, Spearfish, SD 57783
    View details
    Spearfish Investment Property on Acreage
    $900,000
    3,950 SF

    Spearfish Investment Property on Acreage

    Investment property with duplex, barn, and expansion potential on 1.62 acres.

    3225 Old Belle Road, Spearfish, SD 57785
    View details
    Spearfish Mixed-Use Investment Opportunity
    $1,599,000
    3,950 SF

    Spearfish Mixed-Use Investment Opportunity

    Successful business and investment property on 1.62 acres near Exit 8.

    3225 Old Belle Road, Spearfish, SD 57783
    View details
    Spearfish Duplex Investment Opportunity
    $4,349,000
    3.25 Acres

    Spearfish Duplex Investment Opportunity

    Income-producing duplexes with expansion potential in Spearfish, South Dakota.

    1931-1984 Russell Street, Spearfish, SD 57783
    View details
    Spearfish Multifamily Development Opportunity
    $359,000
    0.57 Acres

    Spearfish Multifamily Development Opportunity

    Half-acre corner lot zoned R3, ideal for multifamily development.

    Lots 12 & 13 S 27th Street, Spearfish, SD 57783
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 8 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Newcastle Multifamily Investment Opportunity
    $395,000
    6,708 SF

    Newcastle Multifamily Investment Opportunity

    Turnkey 5-unit apartment complex with strong rental history.

    115 S Summit Ave, Newcastle, WY 82701
    View details
    Rapid City Duplex Investment Opportunity
    $285,000
    1,640 SF

    Rapid City Duplex Investment Opportunity

    Up/down duplex with recent updates in Northwest Rapid City.

    3225 W Rapid Street, Rapid City, SD 57702
    View details
    Rapid City Duplex Investment Property
    $295,000

    Rapid City Duplex Investment Property

    Fully rented duplex in Rapid City with consistent income.

    3417 W Rapid Street, Rapid City, SD 57702
    View details
    Newcastle, WY Land with Building
    $499,000
    2,409 SF

    Newcastle, WY Land with Building

    2.47-acre lot with duplex, shop, and additional building.

    540 W Main Street, Newcastle, WY 82701
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Chadron Commercial Investment Opportunity
    $1,350,000
    27.00 Acres

    Chadron Commercial Investment Opportunity

    Unique investment opportunity near Chadron, NE with highway frontage.

    Ponderosa Court, Chadron, NE 69337
    View details
    Commercial Land with RV Park
    $435,000
    3.88 Acres

    Commercial Land with RV Park

    Mobile home and RV park with expansion potential in Glendive.

    1003 W Bell St, Glendive, MT 59330
    View details
    Residential Subdivision Land Opportunity
    $50,000

    Residential Subdivision Land Opportunity

    49-lot subdivision suitable for various residential development projects.

    1 Rainbow Estates, Glendive, MT 59330
    View details
    70+ Acres Near Billings
    $2,500,000
    70.63 Acres

    70+ Acres Near Billings

    70+ acres near Billings, MT with development potential.

    2391 Blue Creek, Billings, MT 59101
    View details

    Explore 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

    230 Main St

    Multifamily properties • 8,685 SF
    Value Estimation by Request
    230 Main St, Spearfish, SD 57783
    View details
    1724 Rustler Cir

    1724 Rustler Cir

    Multifamily properties • 4,256 SF
    Value Estimation by Request
    1724 Rustler Cir, Spearfish, SD 57783
    View details

    Spearfish, SD Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Spearfish, SD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 428,630 square feet of properties for sale, with an estimated market value of $10,882,000.

    Sale prices for multifamily properties in Spearfish, SD start at $359,000, averaging $1,554,571, and reaching up to $4,349,000 — 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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    Most Searched ZIP Codes in Spearfish, SD

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    • 57785

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