INVESTORS! TWO homes for a good price! Live in one and rent one or rent both! A truly unique and meticulously renovated property offering both a charming primary home and a separate income-producing guest house on a single .17-acre lot. The main residence is a delightful 2-bedroom, 1-bath home with 912 square feet of cozy, turnkey living space. Every inch has been updated, resulting in a very clean, cute, and cozy atmosphere—perfect for first-time buyers, downsizers, or investors. Step inside to discover a bright, open layout with modern finishes, a stylish kitchen, and big picture windows, for natural lighting. Outside, the detached guest home/rental is a standout feature: a fully renovated 1-bedroom, 2-bath unit with 672 square feet of efficient, comfortable space. Accessed via a convenient alley entrance, this guest house includes a rare 2-car carport, making it ideal for long-term tenants, vacation rental income, or multi-generational living. Both homes have been thoughtfully renovated with flooring, fixtures, and appliances—just unpack and enjoy. Whether you’re looking to offset your mortgage with rental income or host family in total privacy, this property delivers. The lot is easy to maintain yet offers room for gardening or outdoor relaxation. Don’t miss this opportunity to own a versatile, income-producing gem in a desirable location. Schedule your private tour today! Listed by Denise Haden, CENTURY21 ClearView, 605-890-0278
For sale
Price cut: $25.9K (6/16)
$399,000
505 S 5th St, Hot Springs, SD 57747
2beds
912sqft
Site Built
Built in 1940
0.34 Acres Lot
$378,100 Zestimate®
$438/sqft
$-- HOA
What's special
Modern finishesBright open layoutConvenient alley entranceStylish kitchen
- 82 days |
- 219 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Denise Haden,
Century 21 Clearview Realty
Source: Mount Rushmore Area AOR,MLS#: 88185
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Dining room
- Level: Main
- Dimensions: 0 x 0
Kitchen
- Level: Main
- Dimensions: 16 x 11
Living room
- Level: Main
- Area: 220
- Dimensions: 20 x 11
Heating
- Propane, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Electric Range Oven, Microwave
- Laundry: Main Level
Features
- Ceiling Fan(s), Mud Room
- Flooring: Carpet, Laminate
- Windows: Double Hung, Double Pane Windows, Sliders, Vinyl, Window Coverings
- Basement: Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: None
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage, Carport/2 Cars
- Carport spaces: 2
Features
- Patio & porch: Open Deck
Lot
- Size: 0.34 Acres
- Features: Views, Trees
Details
- Additional structures: Guest House
- Parcel number: 754300050000200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Site Built
Materials
- Frame
- Foundation: Poured Concrete Fd.
- Roof: Composition
Condition
- Year built: 1940
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Amenities included: None
- Services included: None
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $232,300
- Annual tax amount: $2,789
- Date on market: 4/14/2026
- Listing terms: Cash,New Loan
- Road surface type: Paved
Estimated market value
$378,100
$359,000 - $397,000
$1,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $399,000-6.1%$438/sqft |
Source: | ||
| 5/27/2026 | Price change | $424,9000%$466/sqft |
Source: | ||
| 4/14/2026 | Listed for sale | $425,000$466/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,789 -5.7% | $232,300 +26.3% |
| 2024 | $2,956 +18.7% | $183,860 -0.4% |
| 2023 | $2,491 +0.1% | $184,660 +29.6% |
| 2022 | $2,489 +10% | $142,480 +12.3% |
| 2021 | $2,263 +10.1% | $126,920 +11.8% |
| 2020 | $2,056 -2.4% | $113,540 +11% |
| 2019 | $2,107 | $102,270 +1.3% |
| 2018 | -- | $100,980 +4.1% |
| 2017 | -- | $97,030 -12.6% |
| 2016 | -- | $111,020 +17.4% |
| 2015 | -- | $94,580 -6.6% |
| 2011 | -- | $101,230 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 57747
Nearby schools
GreatSchools rating
- 5/10Hot Springs Elementary - 02Grades: PK-5Distance: 0.8 mi
- 6/10Hot Springs Middle School - 06Grades: 6-8Distance: 0.7 mi
- 2/10Hot Springs High School - 01Grades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- South Dakota
- Fall River County
- Hot Springs
- 57747
- 505 S 5th St



