Residential Income

Hot Springs, SD Residential Income 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
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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
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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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Two-Story Residential Income Property
Two-Story Residential Income Property

12076 Beardsley Drive, Hot Springs, SD 57747

$1,085,000

Two-story property with a partially finished lower level and a broad range of kitchen and laundry appliances.

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Based on your search, we've compiled 13 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, 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.

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.

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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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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.

Wind Cave Estates Building Site
Wind Cave Estates Building Site

Highway 385 lot: 2, Hot Springs, SD 57747

$147,280
5.26 AC lot

Generously sized residential building site near Hot Springs, South Dakota.

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Hot Springs Acreage with Possibilities
Hot Springs Acreage with Possibilities

Highway 385, Hot Springs, SD 57747

$299,900
15.85 AC lot

15.85 acres near Hot Springs, SD, no covenants.

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Rural Recreation Land with Utilities
Rural Recreation Land with Utilities

12075 True Grit Trail, Custer, SD 57730

$325,000
12.61 AC lot

Land with multiple build sites, electricity, rural water, and septic in a light-covenant subdivision that allows mobile and RV use.

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Residential Land with Scenic Views
Residential Land with Scenic Views

27871 Jenny Road, Hot Springs, SD 57747

$89,000
5.10 AC lot

Dream home site with views near Hot Springs, South Dakota.

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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
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Hot Springs, SD Residential Income Properties Market Trends and Statistics

Explore 5 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 10,320 square feet of properties for sale, with an estimated market value of $3,168,000.

Sale prices for residential investment properties in Hot Springs, SD start at $499,000, averaging $792,000, 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

Multifamily properties 3
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%

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