For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled to include new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units are 1-bedroom, 1-bathroom, except the basement unit is a larger 2-bedrooms, 1-bathroom unit. Basement also offers a common laundry room area. There is a detached garage accessed from the alley along with additional parking, plus front off-street parking! Brand new roof in summer 2025.
Property Details
Price:
$659,000
MLS #:
87691
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
Original Town
Neighborhood:
spearfish
Listed Date:
Mar 9, 2026
Finished Sq Ft:
4,305
Year Built:
1952
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Full Basement
COOLING
Window Evap.
HEATING
Natural Gas, Electric, Baseboard, Wall Furnace
Exterior
EXTERIOR
Paved Street
PARKING
Common
ROOF
Metal
SIDING
Stucco
Financial
Unit 1 Rent
$900
Unit 2 Rent
$950
Unit 3 Rent
$950
Unit 4 Rent
$950
Map
Community
- Address314 5th Street Spearfish SD
- NeighborhoodSpearfish
- SubdivisionOriginal Town
- CitySpearfish
- Zip Code57783
Subdivisions in Spearfish
- Aspen Hills
- Aspen View Subdivision
- Burno Estates
- Cedar Berry Canyon Estates
- Centennial Vista Est
- Cornell
- Country Club Spf
- Countryside
- Creekside
- Crow Peak Bench
- Deberg Addn
- Dodds
- EAGLE RIDGE EST
- ElKhorn Ridge Golf Estates
- Falcon Crest
- Fox Canyon
- Frawley Ranch
- Goldenbelt
- Green Acres
- Harmony Heights
- Higgins Creek
- Higgins Gulch Subdivision
- Highland Addition
- Homestead
- Lookout Mountain Subdivision
- Lookout Valley Tract
- Miller Addition
- Miller Ranch at Spearfish Canyon
- Mountain Pl 2
- Mountain Shadow Estates
- Mountain Shadows
- Original Town
- Palisades Estates
- Pearson
- Pine Oaks
- Ramsdell’s
- Reebe Ranch Estates
- Riley Subdiviso
- Rolling Hills
- Ruby Ridge
- Sandstone Hills
- Schar
- Sky Ridge
- South 40 Addition Subdivision
- Spearfish Valley Motor Home Estates
- Spring Creek Preserve Subdivision
- Sugar Crk Farms
- Sun Valley
- Sunset Oaks
- The Homestead at Countryside
- The Reserve On Higgins Creek
- The Timbers
- The Woodlands
- Top Shelf Development
- Uhlig
- Upper Valley
- Western Slope Estates
- Wild Turkey Estates
Market Summary
Current real estate data for Multi Family in Spearfish as of Jun 03, 2026
7
Multi Family Listed
215
Avg DOM
241
Avg $ / SqFt
$1,172,643
Avg List Price
Property Summary
- Located in the Original Town subdivision, 314 5th Street Spearfish SD is a Multi Family for sale in Spearfish, SD, 57783. It is listed for $659,000
Similar Listings Nearby
© 2026 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.
Courtesy of Great Peaks 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.
314 5th Street
Spearfish, SD