731 & 735 N Ames Street Spearfish SD 57783 MLS #87192

731 & 735 N Ames Street
Spearfish, SD, 57783
$851,500
Beds
0 Baths
SqFt
0 Acres
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MLS #87192 image #0
A truly rare opportunity to own two beautifully renovated, side-by-side properties in one of Spearfish’s most desirable and walkable locations. Situated on to adjoining 0.16-acre lots zoned for both residential and commercial use, this unique property package offers exceptional flexibility for homeowners, investors and future development alike. Both homes are located along a charming creek that flows through the front yards, creating a peaceful, nature-filled setting that is seldom found so close to downtown. Enjoy the convenience of being within walking distance to historic downtown Spearfish, Black Hills State University, local shops, restaurants, and community amenities. The portfolio includes: 731 N Ames St- A fully renovated 2-bedroom, 1-bath single-family home offering 720 square feet of comfortable living space. 735 N Ames St- A fully renovated duplex with 2-bedroom, 1-bath units and full kitchens, totaling 1,102 square feet, plus a detached one-car garage with two additional storage units. both properties have proven history of success as long-term rentals and highly rated Airbnbs, making this an exceptional opportunity for income-producing ownership from day one. Whether you are seeking a strategic investment, a live-in-and-rent opportunity, or a rare side-by-side assemblage in a high-end corridor, this portfolio offers location, versatility, and long-term upside that is increasingly difficult to find in Spearfish.

Property Details

Price:
$851,500
MLS #:
87192
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
Schar
Neighborhood:
spearfish
Listed Date:
Jan 17, 2026
SpearfishSchar

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Financial

Unit 1 Rent
1800
Unit 2 Rent
1500
Unit 3 Rent
1600

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Community

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 Schar subdivision, 731 & 735 N Ames Street Spearfish SD is a Multi Family for sale in Spearfish, SD, 57783. It is listed for $851,500

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