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Hot Springs, SD Residential Income Properties for Sale

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Hot Springs Multifamily Investment Property
$1,250,000

Hot Springs Multifamily Investment Property

1601 Evanston Ave Ave, Hot Springs, SD 57747

Section 8 multifamily property in Hot Springs, South Dakota.

  • 100% Project‑Based Section 8 rental subsidy with a contract expiring April 30, 2040.
  • Above‑Average Management Occupancy Review (MOR) as of July 2025.
  • Features a mix of unit sizes: four 1‑bedroom, twelve 2‑bedroom, and four 3‑bedroom units.
  • Potential opportunity to assume the existing HOME loan, subject to SDHDA approval.
  • Property amenities include off‑street parking, two laundry rooms, and a playground with a new fence (installed October 2025).
Updated: Nov 15, 2025
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Mobile Home in Grandview Park
$59,000

Mobile Home in Grandview Park

408 21St St, Hot Springs, SD 57747

Remodeled mobile home with new roof, siding, and appliances.

  • Complete 2023 Remodel: Enjoy peace of mind with a new roof (including rafters, gable, soffit/fascia), windows, plumbing, siding, and skirting.
  • Move‑In Ready: All appliances included, even a new washer and dryer.
  • Three Bedrooms: Offers ample space for families or roommates.
  • New Covered Front Deck Entry: Provides a welcoming and functional outdoor space.
  • Low Lot Rent: $350/month covers water, sewer, mailbox, and garbage.
Updated: Aug 8, 2025
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Remodeled Home with RV Garage
$275,000
1,252 SF

Remodeled Home with RV Garage

Remodeled 3-bedroom home with spacious yard, RV garage, and hot tub.

740 Indianapolis Ave, Hot Springs, SD 57747
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Historic Hot Springs Mixed-Use Building
$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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 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

Explore Opportunities in Nearby Cities

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

Luxury New Construction on 5 Acres
$1,675,000
4,552 SF

Luxury New Construction on 5 Acres

Move-in ready, luxury new construction home on a 5-acre retreat.

25809 Sidney Trl, Custer, SD 57730
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Secluded Black Hills Retreat
$1,750,000
1,216 SF

Secluded Black Hills Retreat

70-acre private property with pond, orchard, campground, and home.

11755 Pleasant Valley Rd, Custer, SD 57730
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Rapid City Residential Land Development
$3,326,242
38.18 Acres

Rapid City Residential Land Development

38 Acres, Prime Location, Utilities Available

0 Sammis Trl, Rapid City, SD 57702
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Updated Home on Large Lot
$549,900

Updated Home on Large Lot

Updated home on a large corner lot near amenities.

4991 Raven Cir, Rapid City, SD 57702
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Hot Springs, SD Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Hot Springs, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 46,696 square feet of properties for sale, with an estimated market value of $2,534,999.

Prices for residential income properties in Hot Springs, SD start at $0.00, averaging $506,999, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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