$980,000

611 Railroad Ave Lead, SD 57754

Estimated payment $5,565/month

Total Views 972
Studio
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Refrigerated and Evaporative Cooling System
  • Private Entrance

About This Home

Well-maintained 4-plex featuring four separate units, each with its own private entrance. This income-producing property offers strong rental potential with numerous recent upgrades. The exterior features new stucco, and three of the four units have been completely remodeled. All units are equipped with central air conditioning and energy-efficient on-demand hot water heaters, providing added comfort and convenience for tenants. A great opportunity to add a turnkey multifamily property to your investment portfolio.

Listing Agent

Rory Sturm

Blair Allen Luxury Real Estate LLC License #20308 Listed on: 06/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1934

Lot Details

  • 3,049 Sq Ft Lot
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • 5,176 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1934

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Poured Concrete Found.
  • Personal Property: Dishwasher, Refrigerator, Electric Range Oven, Microwave
  • Safety Features: Smoke Detectors
  • Style: Up & Down
  • Systems: Breaker
  • Year Built: 1934
  • Estimated Building Sq Ft: 5176
  • Miscellaneous: Separate Meters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment, Private Entrance

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: Stucco

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Forced Air

Schools

  • School District: Lead/Deadwood

Lot Info

  • Number Of Acres: 0.07

Rental Info

  • Owner Pays: Insurance, Real Estate Taxes

Tax Info

  • RE Taxes: 3635.38
  • Re Tax Year: 25

Multi Family

  • Number Of Units: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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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 $3,172 $271,560 $18,120 $253,440
2024 $3,401 $239,520 $12,120 $227,400
2023 $3,172 $198,250 $9,120 $189,130
2022 $3,141 $181,060 $9,120 $171,940
2021 $2,977 $181,060 $0 $0
2019 $2,974 $147,810 $4,530 $143,280
2018 $2,962 $146,580 $0 $0
2017 $2,935 $143,030 $0 $0
2016 $3,068 $143,030 $0 $0
2015 $3,068 $141,840 $0 $0
2014 $3,085 $140,070 $0 $0
2013 -- $144,090 $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
06/09/2026 06/09/26 For Sale $980,000 -- --
Source: Mount Rushmore Area Association of REALTORS®

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 89018

Mount Rushmore Area Association of REALTORS®

APN: 31090-03100-150-10

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