Spearfish SD Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,102
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
83064

ADDITIONAL INFORMATION

This beautifully renovated 2-story duplex is a rare find, offering both charm and versatility in a prime location near downtown Spearfish and Black Hills State University. Nestled on a spacious lot with a picturesque creek running through, this property provides serene surroundings along with easy access to local amenities, making it perfect for homeowners or investors. Each unit features 2 bedrooms, 1 full bath, and a full kitchen. The upstairs unit includes a washer/dryer combo and a spacious balcony, perfect for relaxing and taking in the peaceful views. Both units have been fully renovated, offering a fresh and modern appeal. The property also boasts excellent storage and functionality, with a one-car garage and two attached storage units providing ample space for vehicles, tools, or other needs. Recent upgrades to the building include new siding, and a new electrical box, ensuring the property is move-in ready. The duplex has been successfully operated as a combination of a long-term rental and an Airbnb, offering multiple income streams and flexibility for the next owner. Whether you're looking to live in one unit and rent out the other, continue its use as a profitable rental property, or explore new opportunities, the possibilities are endless! Donâ??t miss this incredible opportunity to own a turnkey property in a sought-after location. Schedule your showing today and start envisioning your future in this unique and versatile duplex. Jaden Harper 512.983.6619

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.25 Acres
Year built:
2022
Baths:
MLS#:
82169
Subdivision:
The Reserve On Higgins Creek

ADDITIONAL INFORMATION

For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units - but the full development is approved for 21 structures (42 units) in all. Call today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
171038
Subdivision:
THE RESERVE ON HIGGINS CR

ADDITIONAL INFORMATION

The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units - but the full development is approved for 21 structures (42 units) in all. Call today!

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Andrea D. Conner, License 17600, Xome Inc., License 13405**, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Xome are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This data is believed to be correct, but we advise interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS® Inc. Multiple Listing Service. All rights reserved.
Andrea D. Conner, License 17600, Xome Inc., License 13405**, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Deemed Reliable But Not Guaranteed. Copyright 2025 Black Hills Association of REALTORS®. All rights reserved.



Spearfish Real Estate

The median home value in Spearfish, SD is $490,000. This is higher than the county median home value of $335,600. The national median home value is $338,100. The average price of homes sold in Spearfish, SD is $490,000. Approximately 47.39% of Spearfish homes are owned, compared to 45.2% rented, while 7.42% are vacant. Spearfish real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spearfish real estate agent to arrange a tour today!

Spearfish, South Dakota has a population of 12,031. Spearfish is more family-centric than the surrounding county with 27.75% of the households containing married families with children. The county average for households married with children is 25.84%.

The median household income in Spearfish, South Dakota is $52,258. The median household income for the surrounding county is $56,166 compared to the national median of $69,021. The median age of people living in Spearfish is 36.8 years.

Spearfish Weather

The average high temperature in July is 87.6 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 21.3 inches per year, with 56.4 inches of snow per year.

Spearfish Real Estate Market Conditions

  • Median sales price

    $490,000
    18.1% change since last quarter
  • # Active listings

    222
    30-day change

Spearfish Schools and Demographics

Education near Spearfish, SD

Metric City County
High School Graduates 95.04 94.38
College Degree - 2 year 6.84 9.03
College Degree - 4 year 42.64 34.53
Graduate Degree 8.72 7.29
Expenditures per Student 11,221 11,221
Students per Teacher 12.8 12.8

Elementary Schools near Spearfish, SD

School Grades Students P/T Ratio ZIP
Creekside Elementary - 07 03 - 05 536 16.8 57783
Mountain View Elementary - 08 PK - KG 163 11.6 57783
West Elementary - 03 01 - 02 391 12.9 57783
Whitewood Elementary - 04 KG - 06 124 12 57793

Middle Schools near Spearfish, SD

School Grades Students P/T Ratio ZIP
Lead-Deadwood Middle School - 02 06 - 08 154 9.6 57754
Spearfish Middle School - 05 06 - 08 480 14.3 57783

High Schools near Spearfish, SD

School Grades Students P/T Ratio ZIP
Lead-Deadwood High School - 01 09 - 12 210 11.7 57754
Spearfish High School - 01 09 - 12 571 14.4 57783

Ungraded Schools near Spearfish, SD

School Grades Students P/T Ratio ZIP
* Black Hills Academy At Canyon Hills High School - 10 09 - 12 15 3.5 57783
* Black Hills Education Connections - 06 10 - 12 42 42 57783

Demographics near Spearfish, SD

Metric City County
Neighborhood Type Suburban
Population 12,031 25,687
Population Density 732 32
Median Age 36.8 42.3
People per Household 2.1 2.2
Median Household Income 52,258 56,166
Average Income per Capita 40,007 37,180