RARE! TWO homes for a good price ON A NICE LOT! Live in one We have renter in one, (already bringing in $$)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 .34-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
New construction
Price cut: $1K (8/21)
$398,000
505 S 5th St, Hot Springs, SD 57747
2beds
--sqft
Single Family Residence
Built in 1940
0.34 Acres Lot
$384,300 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesBright open layoutEfficient comfortable spaceCozy turnkey living spaceStylish kitchen
- 4 days |
- 46 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Denise Haden,
Century 21 Clearview Realty
Source: Black Hills AOR,MLS#: 88185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Propane, Forced Air
Cooling
- Has cooling: Yes
Features
- Flooring: Carpet, Laminate
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Property
Parking
- Parking features: Carport/2 Car, No Garage
- Has garage: Yes
- Has carport: Yes
Lot
- Size: 0.34 Acres
Details
- Parcel number: 754300050000200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- To Be Built
- New construction: Yes
- Year built: 1940
Community & HOA
HOA
- Amenities included: None
- Services included: None
Location
- Region: Hot Springs
Financial & listing details
- Tax assessed value: $232,300
- Annual tax amount: $2,789
- Date on market: 8/17/2026
Estimated market value
$384,300
$365,000 - $404,000
$1,200/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $398,000-0.3% |
Source:  Black Hills AOR #88185 Report a problem | ||
| 8/17/2026 | Price change | $399,000+0.3% |
Source: Black Hills AOR #88185 Report a problem | ||
| 8/12/2026 | Price change | $398,000-0.3% |
Source:  Mount Rushmore Area AOR #88185 Report a problem | ||
| 6/16/2026 | Price change | $399,000-6.1% |
Source: Black Hills AOR #178423 Report a problem | ||
| 5/27/2026 | Price change | $424,9000% |
Source: Mount Rushmore Area AOR #88185 Report a problem | ||
| 4/14/2026 | Listed for sale | $425,000 |
Source: Black Hills AOR #178423 Report a problem | ||
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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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