Spearfish, SD Other apartment buildings for sale

$659,000

4,305 SF

Spearfish 5-Plex Investment Opportunity

314 5Th St, Spearfish, SD 57783

Five-unit apartment building in downtown Spearfish, fully occupied.

100% occupancy rate as a 5‑plex rental investment in downtown Spearfish.
Four of the five units have been remodeled with new appliances, fixtures, flooring, cabinets, vanities, countertops, sinks, and toilets.
Includes a larger 2‑bedroom, 1‑bathroom basement unit.
Detached garage accessed from the alley, plus additional parking and front off‑street parking.
Common laundry room in the basement.

Updated: Aug 12, 2025

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$4,349,000

3.25 Acres

Spearfish Duplex Investment Opportunity

1931-1984 Russell St, Spearfish, SD 57783

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

Income‑producing property with 100% occupancy rate.
Expansion potential: Approved for a total of 42 units, with 18 units available Spring 2026.
Modern, fully furnished apartment‑style duplexes.
Each unit features an open concept layout, 2 bedrooms (one ensuite), and 2 full bathrooms.
Includes appliances: Dishwasher, Dryer, Microwave, Refrigerator, and Washer.

Updated: Dec 5, 2025

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$2,200,000

8,685 SF

Spearfish Multifamily Investment

31-Unit Apartment Complex, High Demand

230 Main St, Spearfish, SD 57783

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

$1,625,000

Rapid City Multifamily Investment Opportunity

Well-maintained 12-unit complex in growing Rapid City, South Dakota.

123 E Nowlin St, Rapid City, SD 57701

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$825,000

Rapid City Multifamily Investment Opportunity

Well-maintained six-unit complex in growing Rapid City.

201 E Nowlin St, Rapid City, SD 57701

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$950,999

10,395 SF

Historic Hot Springs Mixed-Use Building

Exceptional historic building with retail, residential, and garage spaces.

401 N River St, Hot Springs, SD 57747

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$1,250,000

Hot Springs Multifamily Investment Property

Section 8 multifamily property in Hot Springs, South Dakota.

1601 Evanston Ave Ave, Hot Springs, SD 57747

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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

Multifamily properties • 8,685 SF

Value Estimation by Request

230 Main St, Spearfish, SD 57783

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Spearfish, SD Other Apartment Buildings Investment Opportunities Market Analysis

Explore 4 other apartment buildings for sale in Spearfish, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 169,448 square feet of properties for sale, with an estimated market value of $6,549,000.

Prices for other apartment buildings in Spearfish, SD start at $2,200,000, averaging $3,274,500, and reaching up to $4,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Spearfish, SD Other Apartment Buildings for Sale

Spearfish 5-Plex Investment Opportunity

Five-unit apartment building in downtown Spearfish, fully occupied.

Spearfish Duplex Investment Opportunity

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

Spearfish Multifamily Investment

Explore Opportunities in Nearby Cities

Rapid City Multifamily Investment Opportunity

Rapid City Multifamily Investment Opportunity

Historic Hot Springs Mixed-Use Building

Hot Springs Multifamily Investment Property

Explore Off-Market Properties in Spearfish, SD

230 Main St

Spearfish, SD Other Apartment Buildings Investment Opportunities Market Analysis

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