There are multiple listings for this address:
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you’re looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Property Details
Price:
$550,000
MLS #:
88935
Status:
Active
Baths:
0
Type:
Multi Family
Neighborhood:
hotsprings
Listed Date:
Jun 1, 2026
Finished Sq Ft:
2,016
Lot Size:
7,840 sqft / 0.18 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address603 Jensen Highway Hot Springs SD
- NeighborhoodHot Springs
- CityHot Springs
- Zip Code57747
Subdivisions in Hot Springs
- Angostura Heights
- Angostura Highlands Subdivision
- Argyle Ridge Estates
- Back Nine
- Battle Mountain
- Boulder Falls
- Canyon Rim Ranch
- Cascade Springs Ranch
- Cascade Springs Subdivision
- Cedar Hills Subdivision
- Clearwater Lake Estates
- Cobblestone Mountain Estates
- Country Club SBH
- Country View
- Crosswind
- Davis
- Eagle Valley
- Grandview
- Green Valley Subdivision
- Hills Subdivision
- Hot Brook Estates
- Hot Springs City
- Lake View Acre Estates
- Lone Elk
- Lone Elk I
- Lone Elk II
- Long’s Lakeview Acres
- Minnekahta 2nd
- Nickel
- Pine Haven
- Pine Shadows
- Pirates Cove Subdivision
- Red Canyon
- Red Rock Ridge
- Sheps Canyon Estates
- Silverspur Ranchettes
- South Shore Beach Estates
- Stewart’s Second Addition
- Stewarts 1st
- Sulphur Springs
- Westwind Pines Subdivision
- Wind Cave Estates
Market Summary
Current real estate data for Multi Family in Hot Springs as of Sep 12, 2026
3
Multi Family Listed
51
Avg DOM
185
Avg $ / SqFt
$711,333
Avg List Price
Property Summary
- 603 Jensen Highway Hot Springs SD is a Multi Family for sale in Hot Springs, SD, 57747. It is listed for $550,000
Similar Listings Nearby
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Courtesy of Black Hills Best Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.

603 Jensen Highway
Hot Springs, SD
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you’re looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Property Details
Price:
$550,000
MLS #:
89071
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
hotsprings
Listed Date:
Jun 1, 2026
Finished Sq Ft:
2,016
Lot Size:
7,840 sqft / 0.18 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Crawl Space
COOLING
Refrig. Wall Unit
HEATING
Electric
Exterior
CONSTRUCTION
Frame
EXTRAS
Furnished, Hi- Traffic Location, High Visibility, Highway Access, Kitchen Area
PARKING
Assigned, Paved, Parking Lot
Financial
UTILITIES- SEWER
City ( At Site)
Map
Community
- Address603 Jensen Highway Hot Springs SD
- NeighborhoodHot Springs
- CityHot Springs
- Zip Code57747
Subdivisions in Hot Springs
- Angostura Heights
- Angostura Highlands Subdivision
- Argyle Ridge Estates
- Back Nine
- Battle Mountain
- Boulder Falls
- Canyon Rim Ranch
- Cascade Springs Ranch
- Cascade Springs Subdivision
- Cedar Hills Subdivision
- Clearwater Lake Estates
- Cobblestone Mountain Estates
- Country Club SBH
- Country View
- Crosswind
- Davis
- Eagle Valley
- Grandview
- Green Valley Subdivision
- Hills Subdivision
- Hot Brook Estates
- Hot Springs City
- Lake View Acre Estates
- Lone Elk
- Lone Elk I
- Lone Elk II
- Long’s Lakeview Acres
- Minnekahta 2nd
- Nickel
- Pine Haven
- Pine Shadows
- Pirates Cove Subdivision
- Red Canyon
- Red Rock Ridge
- Sheps Canyon Estates
- Silverspur Ranchettes
- South Shore Beach Estates
- Stewart’s Second Addition
- Stewarts 1st
- Sulphur Springs
- Westwind Pines Subdivision
- Wind Cave Estates
Market Summary
Current real estate data for Commercial in Hot Springs as of Sep 12, 2026
3
Commercial Listed
51
Avg DOM
185
Avg $ / SqFt
$711,333
Avg List Price
Property Summary
- 603 Jensen Highway Hot Springs SD is a Commercial for sale in Hot Springs, SD, 57747. It is listed for $550,000

