205 Upper Valley Rd Spearfish, SD 57783
Estimated payment $2,421/month
About This Home
Listed by Tashi Braun, Re/Max In The Hills, 605-641-3342. Fantastic investment opportunity or ideal for multi-generational living. This up/down duplex features two self contained units with separate entrances. The upper unit features three bedrooms and two bathrooms while the bottom unit, freshly updated, features two bedrooms and one bathroom. The upper unit enjoys abundant natural light while the lower unit provides easy access to the backyard. Both units have new electrical service panels. This duplex is located in a desirable area of Spearfish close to schools, shopping and medical. Don't miss this turn-key income generating property! Currently one of the lowest price per square foot properties in Spearfish!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,036
Year Built
- Built in 1963
Lot Details
- Private Entrance
- Landscaped
Parking
- Common or Shared Parking
Home Design
- Frame Construction
- Composition Roof
- Metal Siding
Utilities
- Heating System Uses Natural Gas
- 220 Volts
Additional Features
- Electric Oven or Range
- Outbuilding
Listing and Financial Details
- The owner pays for gas/electric, water/sewer, real estate taxes, insurance
Community Details
Overview
- 2 Units
- 3,071 Sq Ft Building
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,036 | $363,320 | $50,000 | $313,320 |
| 2024 | $4,036 | $327,440 | $50,000 | $277,440 |
| 2023 | $3,907 | $291,260 | $50,000 | $241,260 |
| 2022 | $3,920 | $269,320 | $50,000 | $219,320 |
| 2021 | $3,170 | $269,320 | $0 | $0 |
| 2019 | $3,147 | $208,710 | $40,000 | $168,710 |
| 2018 | $3,149 | $207,080 | $0 | $0 |
| 2017 | $3,198 | $207,080 | $0 | $0 |
| 2016 | $3,241 | $207,080 | $0 | $0 |
| 2015 | $3,241 | $205,480 | $0 | $0 |
| 2014 | $3,262 | $190,060 | $0 | $0 |
| 2013 | -- | $186,360 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | Price Changed | $399,000 | -6.1% | -- |
| 10/20/2025 10/20/25 | Price Changed | $425,000 | -5.7% | -- |
| 09/15/2025 09/15/25 | Price Changed | $450,900 | -5.1% | -- |
| 08/29/2025 08/29/25 | Price Changed | $474,900 | -2.9% | -- |
| 08/08/2025 08/08/25 | For Sale | $489,000 | -- | -- |
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 85601
APN: 20100-00602-046-94
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