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Lead, SD Multifamily Homes & Duplexes for Sale

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    $309,900

    $70K PRICE DROP
    • Studio

    8 Baltimore St, Lead, SD 57754

    8 Baltimore Ave, Lead, SD – This recently remodeled duplex offers an excellent investment opportunity or the perfect live-in/rent-out option. Each unit features 3 spacious bedrooms, an updated full bath, large living areas, new appliances, modern floor coverings, and stylish updated fixtures. This historic property has been thoughtfully improved with new siding, asphalt shingles, windows, decks,

    Crystal Wiles Battle Creek Agency

    8 Baltimore St, Lead, SD 57754
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    $275,000

    • Studio

    802 Miners Ave Unit 804 & 806 Miners Ave, Lead, SD 57754

    Three duplexes for one low price, including a 2-car garage. Major TLC needed! Opportunity to turn this into a higher-end rental complex with a beautiful yard space and a convenient location. Lead has changed in the past few years, and it's time for these properties to catch up with the times. Four units are 1-bed or efficiency-type spaces. One unit has 2 bedrooms, and the larger home has 3

    Eric Henneman Real Properties of Lead - Deadwood

    802 Miners Ave Unit 804 & 806 Miners Ave, Lead, SD 57754
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    $300,000

    $25K PRICE DROP
    • Studio

    118 Spark St Unit 118 Lower Spark Stre, Lead, SD 57754

    Well-kept duplex in Lead. Great investment opportunity. Live in one unit and rent out the other to build equity fast! Pine finishes have great cabin vibes in the Mountain Town of Lead. Both units have their own laundry and great storage space for tools, adventure gear, or whatever you collect. Covered deck and patio area, plenty of parking, close to downtown activities, events, and entertainment

    Eric Henneman Real Properties of Lead - Deadwood

    118 Spark St Unit 118 Lower Spark Stre, Lead, SD 57754
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    $980,000

    • Studio

    611 Railroad Ave, Lead, SD 57754

    Well-maintained 4-plex featuring four separate units, each with its own private entrance. This income-producing property offers strong rental potential with numerous recent upgrades. The exterior features new stucco, and three of the four units have been completely remodeled. All units are equipped with central air conditioning and energy-efficient on-demand hot water heaters, providing added

    Rory Sturm Blair Allen Luxury Real Estate LLC

    611 Railroad Ave, Lead, SD 57754
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    $342,500

    • Studio

    330 Gwinn Ave, Lead, SD 57754

    Triplex in Lead with excellent occupancy and solid, consistent income. Off-street, on-street, and public parking options. Newer windows. Two larger units with spacious rooms and a smaller unit with a great yard area and storage area. All units have nice decks/porches for enjoying the outside air! Two units are 3-bed one bath and the lower unit is a 1-bed 1-bath with a larger hobby/office room.

    Eric Henneman Real Properties of Lead - Deadwood

    330 Gwinn Ave, Lead, SD 57754

Why Live in Lead

Lead, South Dakota, is a city rich in gold mining history and winter recreation. The Black Hills Mining Museum and Homestake Visitors Center highlight its heritage. Nestled in the Black Hills, Lead is known for its ski resorts, attracting winter sports enthusiasts. The residential landscape features historic homes and high-end vacation rentals, with new developments like Deer Mountain Village offering ski-in chalets. Home styles range from Craftsman-inspired cottages to large Dutch Colonial Revival houses. Residents enjoy outdoor activities with miles of trails for mountain biking, hiking, and horseback riding, including the extensive George S. Mickelson Trail. Lead's parks offer amenities such as splash pads, skate parks, and basketball courts, with Manuel Brothers Park hosting annual events like Winterfest. The Handley Recreation Center provides roller skating, dance, and fitness classes for kids. Spearfish Canyon is popular for rock climbing and fishing, while Lead Country Club offers a public nine-hole golf course. Dining and entertainment options are concentrated near downtown, with historic venues like The Stampmill and Homestake Opera House. Despite its charm, Lead faces practical challenges such as snowy winters, narrow streets, and limited parking. The city is primarily car-dependent, though Prairie Hills Transit offers dial-a-ride services. Lead schools provide career programs and hands-on experience, preparing students for various industries. For those seeking things to do, Lead offers historical attractions, outdoor activities, and community events.

Home Price Trends

Median Sale Price
$374,000
Median Single Family Sale Price
$710,000
Median 2 Bedroom Sale Price
$242,000
Median 1 Bedroom Sale Price
$149,000
Average Price Per Sq Ft
$305
Number of Homes for Sale
97
Last 12 months Home Sales
98
Months of Supply
11.90
Median List Price
$730,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
4%
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