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CENTURY 21 ClearView Realty

412 5th Street

Rapid City, SD 57701

605.721.1257

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$1,650,000

8 beds

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1945 Reserve Street Spearfish, SD 57783

Multi-Family (2-4 Units) MLS #: 83131 Courtesy Of Keller Williams Realty Black Hills

$1,650,000

8 beds

Estimated monthly payments: $7,213/mo.* (recalculate)

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Property InformationDescription

Listed by Jeremy Kahler, KWBH, 605-381-7500. Add your investment porfolio- 12 unit apartment complex in Spearfish SD with 100% occupancy and consistent rental history! *Built in 2013, the building has 6 units on the upper level and 6 units on ground level, with a private parking lot *Ground level units are Zero-entry for great accessibilty *Each unit is 875sqft and has 2 bedrooms, 1 bathroom, a full kitchen, private in-unit laundry and separate electric and AC *Consistenly improved on, units have updated kitchens with black appliances, new floors (vinyl plank or carpet), all units come with washer and dryer, and have new water heaters (2024) *Manicured lawn and beautiful landscaping throughout the property, maintained by a sprinkler system. Conveniently located 3 miles to BHSU campus and easy access to I90 and the Black Hills.

Features

Age: 11-20 Years Old
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Architecture Style: Other

Heating System: Forced Air, Heat Pump
Lot Size: 0.7 Acres

MAP & DIRECTIONS

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1945 Reserve Street, Spearfish, SD 57783

School Information

Total Students

694

show all schools for 1945 Reserve Street, Spearfish, SD 57783

Other Nearby Schools	Distance	Type	Grades
Black Hills Academy At Canyon Hills High School - 07	4.7 mi	Public	9-12
Spearfish Academy At Canyon Hills Elementary - 09	4.7 mi	Public	4-8
Spearfish Academy At Canyon Hills High School - 10	4.7 mi	Public	9-12
Black Hills Academy At Canyon Hills - 08	4.7 mi	Public	4-8
Black Hills Education Connections - 06	5.4 mi	Public	10-12
Black Hills Christian Academy	5.7 mi	Private	PK-12

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Spearfish, SD 57783

Median Age:	38.9
Married:	42%
Number of Households:	7,546
Households with Children:	21.4%

Spearfish, SD 57783

Demographic Data

Community:

Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented

Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home

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Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.