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Spearfish, SD Residential Income Properties for Sale

9 results
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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
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Spearfish Duplex Opportunity with Garages
$575,000
3,782 SF

Spearfish Duplex Opportunity with Garages

262 Upper Valley Road, Spearfish, SD 57783

Duplex opportunity near Spearfish with garages and spacious pole barn.

  • Potential duplex opportunity with private garage spaces for each residence.
  • Includes a large 30x40 pole barn and an oversized 21x37 garage for ample storage.
  • Located in the desirable Upper Valley Road area, minutes from downtown Spearfish.
  • Spacious ranch‑style home with 3 bedrooms on the main level, 2 bathrooms, and a walk‑in pantry.
  • Walkout basement with 4 non‑conforming bedrooms, living area, kitchenette, and laundry room.
Updated: Sep 22, 2025
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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
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Spearfish Commercial Building with Expansion Potential
$1,299,000
9,600 SF

Spearfish Commercial Building with Expansion Potential

Established commercial building near I-90 with income and expansion potential.

3103 E Fairgrounds Loop, Spearfish, SD 57783
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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
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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
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Spearfish Duplex with Separate Units
$399,000
3,071 SF

Spearfish Duplex with Separate Units

Up/down duplex in Spearfish, ideal for investment or multi-generational living.

205 Upper Valley Road, Spearfish, SD 57783
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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
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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
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 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.

Rapid City Apartment Investment Opportunity
$999,500
5,198 SF

Rapid City Apartment Investment Opportunity

Eight-unit apartment complex in central Rapid City with high occupancy.

811 Mallow Street, Rapid City, SD 57701
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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
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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
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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
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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.

Residential Lot in Spearfish, SD
$75,000
0.33 Acres

Residential Lot in Spearfish, SD

Residential lot with mountain views in established neighborhood.

1423 Charles Street, Spearfish, SD 57783
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Residential Lot in Ruby Ridge
$110,000
0.50 Acres

Residential Lot in Ruby Ridge

Half-acre residential lot ready for construction in Spearfish, SD.

TBD Lot 7A Charles Street, Spearfish, SD 57783
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Spearfish, SD Building Lot
$109,000
0.39 Acres

Spearfish, SD Building Lot

0.39 acre building lot with views and walk-out potential.

TBD Tranquility Lane, Spearfish, SD 57783
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Spearfish Land with Panoramic Views
$189,000
2.69 Acres

Spearfish Land with Panoramic Views

Residential lots with panoramic views and utilities near Spearfish, SD.

Tract 12A Lookout Vista Road, Spearfish, SD 57783
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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

230 Main St

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

1724 Rustler Cir

Multifamily properties • 4,256 SF
Value Estimation by Request
1724 Rustler Cir, Spearfish, SD 57783
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Spearfish, SD Residential Income Properties Investment Opportunities Market Analysis

Explore 11 residential income properties for sale in Spearfish, SD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 467,834 square feet of properties for sale, with an estimated market value of $12,181,000.

Sale prices for residential income properties in Spearfish, SD start at $359,000, averaging $1,522,625, 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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