For sale by owner

Price cut: $25K (10/19)

$550,000

521 W Addie St, Lead, SD 57754

4beds

2,054sqft

$3,679/mo

Get pre-qualified

MultiFamily

Built in 1902

-- sqft lot

$-- Zestimate^®

$268/sqft

$-- HOA

What's special

Hardwood floors throughoutPella windowsNew furnacesHot water heatersUpdated james hardy siding

Income-producing property near Deadwood and Sturgis. This duplex is positioned in the Black Hills tourism corridor with immediate cash flow and long-term flexibility. Each unit has 2 bedrooms and 1 bathroom. There are updated James Hardy siding, concrete, appliances, Pella windows, and a roof. There are hardwood floors throughout, a washer and dryer in each unit, new furnaces, and hot water heaters. There is immediate rental income (tenant in place) with potential for increased opportunities. Located near the Sanford Lab Homestake Visitor Center, Neutrino Gold Mine, Terry Peak Ski Resort, hiking on the Mickelson Trail, the Historic Homestake Opera House, various casinos and gambling, and other outdoor activities, this property is sure to be a low-capital asset. Serious inquiries only, please.

122 days
227
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Interior area

Total interior livable area: 2,054 sqft

Property

Lot

Size: 6,970 Square Feet

Details

Parcel number: 315100130001000

Construction

Type & style

Home type: MultiFamily

Condition

New construction: No
Year built: 1902

Community & HOA

Location

Region: Lead

Financial & listing details

Price per square foot: $268/sqft
Tax assessed value: $200,470
Annual tax amount: $2,699
Date on market: 6/24/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,745/mo

Price history

Date	Event	Price
10/19/2026	Price change	$550,000-4.3%$268/sqft
Source: Owner Report a problem
8/4/2026	Price change	$575,000-4.2%$280/sqft
Source: Owner Report a problem
7/13/2026	Price change	$600,000-16.7%$292/sqft
Source: Owner Report a problem
6/24/2026	Listed for sale	$720,000$351/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,699 +8.4%	$200,470 +17.8%
2025	$2,491 +8.6%	$170,190 +14.3%
2024	$2,294 +3.8%	$148,840 +23.3%
2023	$2,211 +12.2%	$120,680 +8.8%
2022	$1,970 -0.6%	$110,870 +37.8%
2021	$1,982	$80,432 -4.6%
2020	$1,982 -2.8%	$84,310
2019	$2,039	$84,310 +1.4%
2018	$2,039 +1.4%	$83,170
2017	$2,012 +0.4%	$83,170
2016	$2,004 -0.2%	$83,170 +1.4%
2015	$2,008 -5.4%	$82,050 +2.1%
2014	$2,122 -0.6%	$80,400 -1.2%
2013	$2,136	$81,400