For sale

$980,000

611 Railroad Ave, Lead, SD 57754

13beds

--baths

5,176sqft

Get pre-qualified

Quadruplex

Built in 1934

-- sqft lot

$913,800 Zestimate^®

$189/sqft

$-- HOA

What's special

New stuccoCentral air conditioning

Well-maintained 4-plex featuring four separate units, each with its own private entrance. This income-producing property offers strong rental potential with numerous recent upgrades. The exterior features new stucco, and three of the four units have been completely remodeled. All units are equipped with central air conditioning and energy-efficient on-demand hot water heaters, providing added comfort and convenience for tenants. A great opportunity to add a turnkey multifamily property to your investment portfolio.

29 days

291

8

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13

Heating

Natural Gas, Forced Air

Cooling

Refrig. C/Air

Appliances

Included: Dishwasher, Refrigerator, Electric Range Oven, Microwave

Features

Has basement: Yes

Interior area

Total structure area: 5,176
Total interior livable area: 5,176 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Street

Features

Entry location: More than 1/Apartment,Private Entrance

Lot

Size: 3,049 Square Feet

Details

Parcel number: 310900310015010

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame, Stucco
Foundation: Poured Concrete Found.
Roof: Composition

Condition

Year built: 1934

Utilities & green energy

Electric: Breaker

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Lead

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $271,560
Annual tax amount: $3,401
Date on market: 6/9/2026

Estimated market value

$913,800

$868,000 - $959,000

$1,634/mo

Price history

Date	Event	Price
6/9/2026	Listed for sale	$980,000$189/sqft
Source: Mount Rushmore Area AOR #89018 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,401 +7.2%	$271,560 +13.4%
2024	$3,172 +1%	$239,520 +20.8%
2023	$3,141 +5.5%	$198,250 +9.5%
2022	$2,977 -0.5%	$181,060 +28.4%
2021	$2,992	$141,011 -4.6%
2020	$2,992 -3.3%	$147,810
2019	$3,095	$147,810 +0.8%
2018	$3,095 +4.1%	$146,580 +2.5%
2017	$2,974 +0.4%	$143,030
2016	$2,962 +0.9%	$143,030 +0.8%
2015	$2,935 -4.3%	$141,840 +1.3%
2014	$3,068 -0.5%	$140,070 -2.8%
2013	$3,085	$144,090 +35.2%
2011	--	$106,610

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.

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.

Get pre-qualified

Climate risks

Neighborhood: 57754

Getting around

51 / 100

Somewhat Walkable

18 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Lead-Deadwood Elementary - 03
Grades: K-5Distance: 2.5 mi
7/10
Lead-Deadwood Middle School - 02
Grades: 6-8Distance: 0.4 mi
4/10
Lead-Deadwood High School - 01
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

District: Lead/Deadwood

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.

Skip to the end of the carousel