CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever with 3 units having same tenants 8 years or longer. Apartment 1 is currently available and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4h features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market as the tenants have been there so long and #1 would be rented for $1,100. Renters pay their own electric and 3 are still on separate water meters. Across from Butler park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! 🙂
Property Details
Price:
$499,000
MLS #:
90237
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
Fargo-Prentice
Neighborhood:
hotsprings
Listed Date:
Sep 3, 2026
Finished Sq Ft:
5,160
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1984
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Full Basement, Completely Finished
COOLING
Refrig. Wall Unit
HEATING
Electric, Baseboard
Exterior
CONSTRUCTION
Frame
EXTERIOR
Paved Street
PARKING
Garage, Paved, Street Parking
ROOF
Composition
SIDING
Metal Siding
Financial
Map
Community
- Address438 S 14th Street Hot Springs SD
- NeighborhoodHot Springs
- SubdivisionFargo-Prentice
- 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
- Located in the Fargo-Prentice subdivision, 438 S 14th Street Hot Springs SD is a Multi Family for sale in Hot Springs, SD, 57747. It is listed for $499,000
Similar Listings Nearby
© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of Lewis 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.

438 S 14th Street
Hot Springs, SD

