314 N 5th St Spearfish, SD 57783
Estimated payment $3,804/month
About This Home
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled to include new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units are 1-bedroom, 1-bathroom, except the basement unit is a larger 2-bedrooms, 1-bathroom unit. Basement also offers a common laundry room area. There is a detached garage accessed from the alley along with additional parking, plus front off-street parking! Brand new roof in summer 2025.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- Subdivision Possible
Parking
- Common or Shared Parking
Home Design
- Metal Roof
- Stucco
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Utilities
- Evaporated cooling system
- Heating System Uses Natural Gas
- Wall Furnace
- Baseboard Heating
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
- 5 Units
- 4,305 Sq Ft Building
Pet Policy
- Pets Allowed
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 | $2,922 | $223,560 | $63,000 | $160,560 |
| 2024 | $2,976 | $212,420 | $59,500 | $152,920 |
| 2023 | $2,976 | $195,020 | $56,000 | $139,020 |
| 2022 | $3,093 | $188,400 | $56,000 | $132,400 |
| 2021 | $2,641 | $188,400 | $0 | $0 |
| 2019 | $2,638 | $152,330 | $42,000 | $110,330 |
| 2018 | $2,631 | $152,330 | $0 | $0 |
| 2017 | $2,756 | $152,330 | $0 | $0 |
| 2016 | $2,994 | $152,330 | $0 | $0 |
| 2015 | $3,014 | $152,330 | $0 | $0 |
| 2014 | $3,035 | $152,330 | $0 | $0 |
| 2013 | -- | $152,330 | $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 |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $659,000 | -- | -- |
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 87691
APN: 32090-06400-080-00
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Ask me questions while you tour the home.