UNDER CONTRACT
$100K PRICE DROP
Estimated payment $7,246/month
Total Views
8,794
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- 0.75 Acre Lot
- Landscaped
- Evaporated cooling system
- Storage
- Hot Water Heating System
About This Home
Call or Text Listing Agent Kade Welfl-605 210 0010. This 13-unit apartment complex is composed of 9-2 Bed, 1 Bath and 4-1 Bed, 1 Bath Units. The grounds have been meticulously cared for and the property is situated in a pristine location. Recent updates include a new roof and underlayment, new siding, decks, and windows in 2019 as well as exterior masonry around the entire building. The building is heated with a central natural gas hot water boiler system that is paid for by the owner and each unit has individual electric meters. There is a shared laundry-room on site as well as individual storage units for the tenants. Since being built, the property has met and exceeded all HUD and Rural Development inspection standards and has been very well cared for. At approximately $100/square foot and $100,000/door, a better more affordable property will not be found in the Black Hills.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,432
Year Built
- Built in 1974
Lot Details
- 0.75 Acre Lot
- Landscaped
- Subdivision Possible
Parking
- Paved Parking
Home Design
- Frame Construction
- Rubber Roof
- Block Exterior
Interior Spaces
- Storage
- Fire and Smoke Detector
- Electric Oven or Range
Utilities
- Evaporated cooling system
- Hot Water Heating System
- 220 Volts
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
- 13 Units
- 12,328 Sq Ft Building
Pet Policy
- Pets Allowed
Security
- Building Fire Alarm
Map
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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 |
|---|---|---|---|---|
| 2024 | $8,432 | $503,870 | $81,970 | $421,900 |
| 2023 | $8,709 | $458,070 | $74,520 | $383,550 |
| 2022 | $8,707 | $423,200 | $74,520 | $348,680 |
| 2021 | $9,191 | $423,200 | $0 | $0 |
| 2019 | $9,187 | $393,390 | $44,710 | $348,680 |
| 2018 | $9,152 | $379,800 | $0 | $0 |
| 2017 | $9,296 | $379,800 | $0 | $0 |
| 2016 | $9,856 | $379,800 | $0 | $0 |
| 2015 | $9,856 | $379,800 | $0 | $0 |
| 2014 | $9,918 | $373,360 | $0 | $0 |
| 2013 | -- | $373,360 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Price Changed | $1,195,000 | -7.7% | -- |
| 02/24/2025 02/24/25 | For Sale | $1,295,000 | -- | -- |
Source: Mount Rushmore Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Home in Lead, SD
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 83212
APN: 31180-00600-110-00
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