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Hot Springs, SD Multifamily Homes & Duplexes for Sale

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    $549,900

    • Studio

    438 S 14th St, Hot Springs, SD 57747

    Excellent investment opportunity! This well-maintained 4-plex features four spacious 2-bedroom, 1-bath units—one offering a bonus sunroom for added living space. Ideally situated across from Butler Park and within walking distance to the public library, the location provides everyday convenience and easy access to local amenities. Each unit includes laundry hookups and is separately metered. A

    Christine Heidebrink Black Hills Best Realty

    438 S 14th St, Hot Springs, SD 57747
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    $2,500,000

    • Studio

    27291 Evans St, Hot Springs, SD 57747

    Escape to Hidden Lake Campground, a rare opportunity to own a thriving campground and private spring-fed lake in the heart of the Black Hills. This well-established property features 23 RV spaces with full hookups, 10 fully furnished cabins, a modern shower and bath house, laundry, playground, and maintenance shop. Guests enjoy easy access to fire pits, picnic areas, and outdoor recreation, all

    Christine Heidebrink Black Hills Best Realty

    27291 Evans St, Hot Springs, SD 57747
  • /18

    $115,000

    • Studio

    1835 University Ave Unit 1835 and 1835 1/2 UN, Hot Springs, SD 57747

    Listed by Elissa Erickson, KWBH, 605-877-4060. Calling investors- great opportunity for independent multi-family living- 2 homes on 1 city lot! *Both homes are ranch style layouts with just under 600sqft of living space *Back unit offers 1 bedroom, 1 bathroom, a corner kitchen with good cabinet space, eat in dining area, main floor laundry and a partially finished basement space to customize as

    Elissa Erickson Keller Williams Realty Black Hills SP

    1835 University Ave Unit 1835 and 1835 1/2 UN, Hot Springs, SD 57747
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    $1,650,000

    • Studio

    603 N River St, Hot Springs, SD 57747

    Amazing business opportunity in this 32,000 sq ft charming historic multi use building in the heart of Hot Springs, SD. The grand hotel lobby will stun you with tall ceilings, hardwood floors, and a grand staircase. The pride of ownership shows throughout. Many opportunities include the stunning remodeled venue space that seats 254 guests with kitchen area & private bathroom access, 14 elegant

    Ariel Rudland West River Realty

    603 N River St, Hot Springs, SD 57747
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    $389,000

    • Studio

    406 & 410 Jennings Ave, Hot Springs, SD 57747

    Prime Investment Opportunity or Multi-Generational Living in Hot Springs! Unlock the potential of this spacious duplex at 406 & 410 Jennings Avenue—perfect for investors or homeowners looking to offset their mortgage by renting out one unit! Conveniently located just a short walk to downtown Hot Springs, where you’ll find great dining, shopping, and entertainment. Both units feature beautiful

    Christine Heidebrink Mt. Rushmore Properties

    406 & 410 Jennings Ave, Hot Springs, SD 57747
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    $579,000

    • 3 Beds

    505 N River St, Hot Springs, SD 57747

    INVESTMENT OPPORTUNITY. With this acquisition, you will be able to step into an existing income producing property located in the downtown Historic District of Hot Springs. Built in 1910 and originally known as the Medical Block Building, the building offers 6320 sf of commercial space with 3 retail/office store front suites on the main level and an upper level with 3 vacation rental apartments.

    Cathy Mosset HEARTLAND REAL ESTATE

    505 N River St, Hot Springs, SD 57747

Why Live in Hot Springs

At the southern gateway to South Dakota's Black Hills, Hot Springs is a city of around 3,400. Named for several sites considered sacred by the Native Americans, the area was once known for its health resorts. Today, people are more frequently ...

Home Trends in Hot Springs, SD

Housing Trends

Median Sale Price
$274,000
Median Single Family Sale Price
$299,900
Median Townhouse Sale Price
$258,750
Median 2 Bedroom Sale Price
$306,500
Average Price Per Sq Ft
$195
Number of Homes for Sale
34
Last 12 months Home Sales
60
Months of Supply
6.80
Median List Price
$299,200
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
10%
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