For sale

$659,000

314 5th St, Spearfish, SD 57783

6beds

--baths

4,305sqft

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Multi Family

Built in 1952

-- sqft lot

$615,800 Zestimate^®

$153/sqft

$-- HOA

What's special

For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled to include new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units are 1-bedroom, 1-bathroom, except the basement unit is a larger 2-bedrooms, 1-bathroom unit. Basement also offers a common laundry room area. There is a detached garage accessed from the alley along with additional parking, plus front off-street parking! Brand new roof in summer 2025.

111 days

162

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6

Heating

Natural Gas, Electric, Baseboard, Wall Furnace

Cooling

Window Evap.

Features

Basement: Full

Interior area

Total structure area: 4,305
Total interior livable area: 4,305 sqft

Property

Parking

Parking features: Common

Features

Levels: Two
Stories: 2
Entry location: Community Entrance

Lot

Size: 6,969 Square Feet

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Roof: Metal

Condition

Year built: 1952

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Original Town

Location

Region: Spearfish

Financial & listing details

Price per square foot: $153/sqft
Date on market: 3/9/2026
Listing terms: Cash,New Loan
Inclusions: All Units, Refrigerator, Range/Oven
Lease term: Month To Month,12 Months
Road surface type: Paved

Estimated market value

$615,800

$585,000 - $647,000

$1,879/mo

Price history

Date	Event	Price
3/9/2026	Listed for sale	$659,000$153/sqft
Source: Mount Rushmore Area AOR #87691 Report a problem
2/26/2026	Listing removed	$659,000$153/sqft
Source: Mount Rushmore Area AOR #83608 Report a problem
8/12/2025	Price change	$659,000-2.4%$153/sqft
Source: Mount Rushmore Area AOR #83608 Report a problem
6/30/2025	Price change	$675,000-3.4%$157/sqft
Source: Mount Rushmore Area AOR #83608 Report a problem
3/25/2025	Listed for sale	$699,000$162/sqft
Source: Mount Rushmore Area AOR #83608 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 57783

Nearby schools

GreatSchools rating

NA
Mountain View Elementary - 08
Grades: KDistance: 0.4 mi
6/10
Spearfish Middle School - 05
Grades: 6-8Distance: 1 mi
5/10
Spearfish High School - 01
Grades: 9-12Distance: 1.1 mi

Schools provided by the listing agent

District: Spearfish

Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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