Estimated payment $1,930/month
Highlights
- Deck
- Wood Flooring
- 2 Fireplaces
- Wooded Lot
- Main Floor Bedroom
- Lawn
About This Home
Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building potential. Previously producing solid rental income, this property is ideal for investors looking to expand a rental portfolio, renovate for increased returns, or create a custom income-producing asset.The upper apartment features 2 bedrooms, 1 bath, a spacious living room filled with natural light, and beautiful original wood trim and doors. The street-level apartment offers 2 bedrooms, 1 bath, convenient on-street parking, and a charming fenced patio with mature trees. The lower level has been demoed and is ready for your vision, with space for 3 bedrooms. The rear of the property offers ample off-street parking with legal access and room for a future carport or garage (buyer to verify). Flexible floor plan also allows the potential to convert back to a spacious single-family home. Conveniently located near downtown Lead, schools, shopping, dining, and year-round Black Hills recreation. Bring your vision and restore this classic 1939 property into a high-performing investment. Opportunities like this don't come along often! Listed by Christina Singer, Keller Williams Realty Black Hills | 605-920-1518
Listing Agent
Keller Williams Realty Black Hills SP License #17860 Listed on: 07/30/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 5,227 Sq Ft Lot
- Wood Fence
- Wooded Lot
- Landscaped with Trees
- Lawn
- Subdivision Possible
- Property is zoned Multi-Family
Home Design
- Frame Construction
- Asbestos Shingle Roof
- Metal Roof
- Asbestos Siding
- Block Exterior
- Stucco
Interior Spaces
- 3,456 Sq Ft Home
- Ceiling Fan
- 2 Fireplaces
- Bay Window
- Wood Frame Window
- Home Office
- Basement
- Laundry in Basement
- Fire and Smoke Detector
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
Laundry
- Laundry located on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Open Patio
Utilities
- Heating System Uses Natural Gas
- 220 Volts
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,206 | $328,280 | $20,050 | $308,230 |
| 2024 | $4,852 | $289,960 | $14,050 | $275,910 |
| 2023 | $4,558 | $239,730 | $11,050 | $228,680 |
| 2022 | $2,274 | $131,080 | $11,050 | $120,030 |
| 2021 | $2,534 | $131,080 | $0 | $0 |
| 2019 | $2,585 | $125,790 | $5,760 | $120,030 |
| 2018 | $2,574 | $124,290 | $0 | $0 |
| 2017 | $2,541 | $124,290 | $0 | $0 |
| 2016 | $2,642 | $124,290 | $0 | $0 |
| 2015 | $2,642 | $122,810 | $0 | $0 |
| 2014 | $3,204 | $120,620 | $0 | $0 |
| 2013 | -- | $116,920 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2026 08/08/26 | Price Changed | $264,900 | -8.6% | $77 / Sq Ft | |
| 07/30/2026 07/30/26 | For Sale | $289,900 | -9.4% | $84 / Sq Ft | |
| 03/22/2022 03/22/22 | Sold | $320,000 | -1.5% | $139 / Sq Ft | View Prior Sale |
| 12/09/2021 12/09/21 | Price Changed | $324,900 | -12.0% | $141 / Sq Ft | |
| 10/22/2021 10/22/21 | Price Changed | $369,000 | -0.8% | $160 / Sq Ft | |
| 10/15/2021 10/15/21 | Price Changed | $372,000 | -0.8% | $161 / Sq Ft | |
| 09/17/2021 09/17/21 | For Sale | $375,000 | -- | $163 / Sq Ft |
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 89718
APN: 31610-00300-110-00
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Ask me questions while you tour the home.