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Backup Offers

301 5th St, Spearfish, SD, 57783

$515,000

Home List Price

$6,116*

Closing Credit

0 Baths
Multi

Location

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301 5th St, Spearfish$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingPaved, Off Site, Garage
Year Built1900
HeatingElectric, Natural Gas
CoolingGas
ViewCity
MLS #170813
StatusAccepting Backup Offers
(U/C TAKE BACK UPS)

About 301 5th St

Turn Key Investment Property on a corner lot in beautiful Spearfish South Dakota! This well maintained Tri-Plex is located right off of Main Street in a quiet neighborhood and is within walking distance to all Spearfish has to offer. Unit # 1 is a 4 bedroom, 2 bath unit that offers a washer/dryer and dishwasher as well as refrigerator and range/oven. Unit # 2 is a 1 bedroom, 1 bath unit that comes equipped with a washer, dryer, refrigerator and range/oven. Unit # 3 is a 2 bedroom, 1 bath unit that that comes equipped with a refrigerator and range/oven. This unit has the option for a washer/dryer with hook ups available. This tri-plex has updated electrical throughout. There is a two car garage on the property that could be rented with one of the units or used as storage. There are also two large sheds on the property that allow tenants extra storage if needed. This type of investment opportunity doesn't come along often! If it's your first time buying a rental property or you are

Property Details

Property Features

Property Information:

  • Architectural Style: 2.5 Story
  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX IN THE HILLS
  • Listing Agent: TASHI BRAUN

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Paved, Off Site, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
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Housing Market Comparison

See how this home compares to others in Spearfish, SD.

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Spearfish, SD

City

Med. Sold Price

$500.7K

Med. Price/SqFt

$220

# of Sold Homes

18

301 5th St vs Spearfish

47 DAYS ON ROCKET

$515,000

+$14.2K More

KEY TAKEAWAY

This property is $14.2K more than the Median Sold Price in Spearfish, SD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170813

Listing Office:

  • Office Name: RE/MAX IN THE HILLS
  • Listing Agent: TASHI BRAUN

IDXThe 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. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.

Copyright © 2024 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-188775
5
/10

  • Creekside Elementary - 07

  • 2325 North Ave

  • 1.56 miles

  • Public District Grades 3-5

school-card-donut-188776
4
/10

  • Lead-Deadwood Elementary - 03

  • 716 Main St

  • 9.88 miles

  • Public District Grades KG-5

school-card-donut-188777
8
/10

  • Whitewood Elementary - 04

  • 603 Garfield St

  • 11.16 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,244. The most common annual income of people living in Spearfish, SD is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Spearfish, SD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Spearfish, SD?

Spearfish offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in Spearfish vary, with a mix of modern, ranch-style, and traditional homes. The housing market is dynamic, with a blend of historic homes and newer constructions that cater to a range of preferences. The homeownership rate in Spearfish is robust, reflecting a community invested in long-term residency.

Is Spearfish, SD a good place to live?

Spearfish is celebrated for its scenic beauty and outdoor recreational opportunities, including the nearby Black Hills National Forest. The community prides itself on a friendly, small-town atmosphere that is both welcoming and vibrant. Annual events like the Spearfish Canyon Half Marathon and the Downtown Friday Nights showcase the town's active lifestyle and commitment to community engagement.

Are things conveniently located in Spearfish, SD?

The community is served by a number of public schools, offering education from elementary through high school levels, as well as a local university that contributes to the educational and cultural life of the town. Healthcare services are available, with facilities providing a range of care including primary and urgent care. Spearfish also features a public library, a variety of retail shops, and dining options that reflect the local culture. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing services to accommodate growth and demographic shifts.

What does the transportation in Spearfish, SD look like?

Transportation in Spearfish includes a network of well-maintained roads and highways that connect residents to nearby cities and attractions. Public transportation options are available, with schedules that cater to the needs of the community. The town's layout promotes walkability in several areas, particularly in the downtown district, and there are bike-friendly routes for cycling enthusiasts. While specific ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.

Rocket Homes›South Dakota›Lawrence County›Spearfish›57783›301 5th St

This home is located at 301 5th St in Spearfish, SD and zip code 57783. This home was built in 1900. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $515,000.

While more than 3 listings in Spearfish, SD in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Spearfish, SD decreased by 1% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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