Investment opportunity featuring multiple rental units situated across the property. The property includes nine separate cabin structures, with one two-story cabin and the remaining cabins offering single-level living. There is currently no structure on Lot 3. Cabins 6 and 7 have been gutted and are ready for renovation, offering an opportunity for an investor to improve the property and potentially increase future rental income. All remaining cabins are currently occupied with tenants on month-to-month rental agreements. Property is being sold AS-IS, WHERE-IS, and the seller will make no repairs. This property offers a unique opportunity for an investor looking for existing rental income combined with additional value-add and redevelopment potential. Buyer and buyer's agent to verify all information, measurements, condition, zoning, permitted uses, and rental information to their satisfaction.
Under contract
$449,900
301 Line Rd, Box Elder, SD 57719
--beds
--baths
--sqft
Multi Family
Built in 1949
-- sqft lot
$434,600 Zestimate®
$--/sqft
$-- HOA
What's special
One two-story cabinNine separate cabin structures
- 27 days
- 197
- 13
Zillow last checked:
Listing updated:
Listed by:
STEPHANIE NESSELHUF 605-553-1064,
RE/MAX ADVANTAGE,
AMY HOOK 605-390-3223,
RE/MAX ADVANTAGE
Source: Black Hills AOR,MLS#: 180534
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Window Unit(s)
Property
Features
- Entry location: Community Entrance
- Has view: Yes
Lot
- Size: 0.81 Acres
- Features: Level
Details
- Parcel number: 2229101001
- Zoning description: Conforming
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
Condition
- Year built: 1949
Community & HOA
Community
- Security: None
- Subdivision: Other
Location
- Region: Box Elder
Financial & listing details
- Tax assessed value: $253,200
- Annual tax amount: $3,609
- Date on market: 8/15/2026
- Lease term: Month To Month,Negotiable
Estimated market value
$434,600
$413,000 - $456,000
$1,405/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Contingent | $449,900 |
Source: | ||
| 8/15/2026 | Listed for sale | $449,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,609 -3.7% | $253,200 +3.1% |
| 2024 | $3,748 +8.6% | $245,500 -1% |
| 2023 | $3,451 -9.3% | $248,100 +16.3% |
| 2022 | $3,806 | $213,400 +6.9% |
| 2021 | -- | $199,700 +7.2% |
| 2020 | $3,732 -0.8% | $186,300 +2% |
| 2019 | $3,761 +2.2% | $182,700 +0.9% |
| 2018 | $3,679 +21.2% | $181,000 +15.1% |
| 2017 | $3,036 | $157,200 +2% |
| 2016 | $3,036 +0% | $154,100 +3.3% |
| 2015 | $3,035 | $149,200 +3.9% |
| 2014 | $3,035 | $143,600 |
Find assessor info on the county website
Monthly payment
Est. payment



