438 S 14th Street Hot Springs SD 57747 | MLS #90237

438 S 14th Street
Hot Springs, SD, 57747
$499,000
Beds
0 Baths
5,160 SqFt
0.3 Acres
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MLS #90237 image #0
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
HotspringsFargo-prentice

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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

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

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