Add Listing
    Hot Springs, SD
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Hot Springs, SD Residential Income Properties for Sale

    Notify Me
    List
    Map
    Buffalo Gap, SD Custer, SD Oelrichs, SD
    Historic Hot Springs Mixed-Use Building
    $920,000
    10,395 SF

    Historic Hot Springs Mixed-Use Building

    401 N River St, Hot Springs, SD

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

    • Largest and most exceptional historic sandstone building for sale in Hot Springs.
    • Prime location on N River Street with high retail traffic.
    • Substantial 10,395 square feet including retail space, loft apartment, and two large garages.
    • Complete overhaul in 2021 with new electrical, plumbing, flooring, paint, and fixtures.
    • New roof installation and roof repairs scheduled to begin in April/May 2023.
    Updated: Nov 5, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Move-in Ready Rapid City Duplex
    $550,000
    2,680 SF

    Move-in Ready Rapid City Duplex

    Renovated duplex in central Rapid City with income potential.

    905/907 Clark Lane, Rapid City, SD 57702
    View details
    Prime Custer Mixed-Use Investment
    $2,300,000
    8,700 SF

    Prime Custer Mixed-Use Investment

    Renovated mixed-use property with retail and short-term rental income.

    632 Mt. Rushmore Road, Custer, SD 57730
    View details
    Black Hills Recreational Income Property
    $1,119,000
    5,195 SF

    Black Hills Recreational Income Property

    Five-acre property near Custer with short-term rental and recreational income.

    25389 McCurran Ranch Rd, Custer, SD 57730
    View details
    Side-by-Side Duplex Opportunity
    $275,000

    Side-by-Side Duplex Opportunity

    Duplex suitable for home ownership, single family, or investment.

    1918 Ivy Ave, Rapid City, SD 57701
    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.

    Hot Springs Residential Land Parcel
    $73,000
    0.64 Acres

    Hot Springs Residential Land Parcel

    Residential land parcel in Hot Springs with development potential.

    TBD Lots 5-8 Germond Street, Hot Springs, SD 57747
    View details
    Hot Springs Residential Land Parcel
    $80,000
    1.28 Acres

    Hot Springs Residential Land Parcel

    1.28 acre residential land parcel in Hot Springs, South Dakota.

    TBD Lots 15-22 Germond Street, Hot Springs, SD 57747
    View details
    Hot Springs Residential Land Parcel
    $73,000
    0.64 Acres

    Hot Springs Residential Land Parcel

    0.64 acre residential land parcel with utilities and Black Hills views.

    TBD Lots 1-4 Germond Street, Hot Springs, SD 57747
    View details
    Hot Springs Acreage with Possibilities
    $299,900
    15.85 Acres

    Hot Springs Acreage with Possibilities

    15.85 acres near Hot Springs, SD, no covenants.

    TBD Highway 385, Hot Springs, SD 57747
    View details

    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

    402 Battle Mountain Ave

    Multifamily properties • 1.07 Acres
    Value Estimation by Request
    402 Battle Mountain Ave, Hot Springs, SD 57747
    View details

    Hot Springs, SD Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Hot Springs, SD on our real estate platform. These investment opportunities span a total of 10,395 square feet of properties for sale, with an estimated market value of $920,000.

    Sale prices for residential income properties in Hot Springs, SD start at $920,000, averaging $920,000, and reaching up to $920,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 1
    Multifamily 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 Strategic Investment

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

    Neighborhood Average Price
    57747 $260K

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Hot Springs, SD

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!