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For sale
  • $499,000

    438 S 14th St, Hot Springs, SD 57747

    8beds
    --baths
    5,160sqft
    : 
    $3,292/mo
    Get pre-qualified
    Quadruplex
    Built in 1984
    -- sqft lot
    $477,500 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Across from butler parkUnderground sprinkler systemNewer aluminum sidingNew roofLow-maintenance trex deckingSome new appliancesBonus sun room area
    CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! :)
    13 days
    171
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    Faith C Lewis,

    Lewis Realty

    Source: Mount Rushmore Area AOR,MLS#: 90237MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      Heating
      • Electric, Baseboard
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Refrigerator, Electric Range Oven
      Features
      • Windows: Window Coverings (Some)
      • Basement: Full,Finished
      Interior area
      • Total structure area: 5,160
      • Total interior livable area: 5,160 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Paved, On Street, Garage
      • Has garage: Yes
      Features
      • Entry location: Private Entrance,More than 1/Apartment
      Lot
      • Size: 0.3 Acres

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Frame, Metal Siding
      • Roof: Composition
      Condition
      • Year built: 1984

      Utilities & green energy

      • Electric: Breaker

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Fargo-Prentice
      Location
      • Region: Hot Springs

      Financial & listing details

      • Price per square foot: $97/sqft
      • Date on market: 9/3/2026
      • Listing terms: Cash,New Loan
      • Inclusions: All Units, Refrigerator, Range/Oven
      • Lease term: Month To Month
      • Tenant pays: Gas/Electric, Water/Sewer, See Remarks
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $477,500

        $454,000 - $501,000

        $1,172/mo

        Price history

        DateEventPrice
        9/3/2026Listed for sale$499,000-9.3%$97/sqft
        Source: Mount Rushmore Area AOR #90237 Report a problem
        11/1/2025Listing removed$549,900$107/sqft
        Source: Mount Rushmore Area AOR #85911 Report a problem
        9/2/2025Listed for sale$549,900-6.8%$107/sqft
        Source: Mount Rushmore Area AOR #85911 Report a problem
        9/1/2025Listing removed$589,900$114/sqft
        Source: Mount Rushmore Area AOR #85088 Report a problem
        6/30/2025Listed for sale$589,900$114/sqft
        Source: Mount Rushmore Area AOR #85088 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.
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        Climate risks

        Neighborhood: 57747

        Getting around

        41 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Hot Springs

        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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