$849,000
$51K PRICE DROP

3225 Old Belle Rd Spearfish, SD 57783

Spearfish Area

Estimated payment $5,036/month

Total Views 25,629
Studio
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Barn
  • 1.62 Acre Lot
  • Baseboard Heating
  • RV Parking in Community
  • Landscaped
  • Refrigerated and Evaporative Cooling System

About This Home

For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Incredible opportunity to own an investment property on 1.62 acres just off Exit 8 with endless options for expansion of the space. This versatile property includes a barn that is mostly finished and is currently being leased as an office & storage space. Plus, an updated duplex rental home (each unit offering 2 bedrooms and 1 bathroom), and ample land for future expansion of units, storing equipment or building additional structures if desired.

Listing Agent

Scot Munro

Great Peaks Realty License #12403 Listed on: 09/15/2025

Co-Listing Agent

Heath Gran

Great Peaks Realty License #12630

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 1.62 Acre Lot
  • Private Entrance
  • Landscaped

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Masonite

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Off-Site Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heat Pump System
  • Baseboard Heating

Additional Features

  • Outbuilding
  • Barn

Listing and Financial Details

  • The owner pays for gas/electric, water/sewer
  • Negotiable Lease Term

Community Details

Overview

  • 3 Units
  • 3,950 Sq Ft Building
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

1.62 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Basement Substructure: Full Basement, Block Foundation
  • Extras: Landscaped
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Microwave, Range Hood, Washer, Dryer
  • Safety Features: Smoke Detectors, Radon Mitigation Services
  • Style: Up & Down
  • Systems: Breaker
  • Year Built: 1967
  • Estimated Building Sq Ft: 3950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Outbuildings, RV Parking, Barn
  • Roof: Composition
  • Siding: Masonite Siding

Garage/Parking

  • Parking: Off Site, Common

Utilities

  • Cooling: Refrig. Wall Unit
  • Heating: Electric, Baseboard, Heat Pump

Schools

  • School District: Spearfish

Lot Info

  • Number Of Acres: 1.62

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Rent Only
  • Owner Pays: Gas/Electric, Water/Sewer
  • Type of Tenancy: One Year Lease, Negotiable

Tax Info

  • RE Taxes: $4,444.32
  • Re Tax Year: 25

Multi Family

  • Number Of Units: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $4,444 $385,380 $111,550 $273,830
2024 $4,182 $339,270 $52,790 $286,480
2023 $4,062 $302,870 $52,790 $250,080
2022 $2,952 $202,830 $42,480 $160,350
2021 $2,593 $202,830 $0 $0
2019 $2,492 $170,760 $42,480 $128,280
2018 $2,493 $169,500 $0 $0
2017 $2,534 $163,980 $0 $0
2016 $2,747 $163,980 $0 $0
2015 $2,747 $162,800 $0 $0
2014 $2,722 $158,570 $0 $0
2013 -- $155,590 $0 $0
Source: Public Records

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
07/29/2026 07/29/26 Price Changed $849,000 -5.7% --
09/15/2025 09/15/25 For Sale $900,000 +59.3% --
03/22/2022 03/22/22 Sold $565,000 -5.8% $216 / Sq Ft View Prior Sale
01/05/2022 01/05/22 For Sale $599,900 -- $229 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 86080

Mount Rushmore Area Association of REALTORS®

APN: 24500-00702-322-15

South Dakota Lawrence County Spearfish 57783

3225 Old Belle Rd, Spearfish, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mount Rushmore Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Scot Munro
Listing Agent
Scot Munro
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Great Peaks Realty
(605) 627-8232
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