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Off market
  • $601,500

    721 University St, Spearfish, SD 57783

    7beds
    4,127sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $601,500 Zestimate®
    $146/sqft
    $2,079 Estimated rent

    Home value

    $601,500

    $529,000 - $680,000

    $2,079/mo

    Zestimate® history
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    $2,974/mo

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    $2,974/mo

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    What's special

    Incredible investment opportunity in the beautiful town of Spearfish- home of BHSU and voted "Best Small Town in South Dakota" by Thrillist in 2017! This tri-plex, located in the heart of Spearfish and just 4 blocks from the BHSU campus, offers a great return on investment and low vacancy rate. Metered separately for gas & electric, which tenants pay. Units on the main level have been nicely updated and both include 3 bed, 2 bath with washer/dryer (hookups), dishwashers, and separate entrances. Upper level unit has 1 bed, 1 bath, great living space, washer/dryer, storage closet and separate entrance. Wonderful charm plus upgraded finishes and materials used throughout! Currently, all units are pet & smoke free, well maintained, and full occupancy. Plenty of off street parking on the side & rear of property. Rental rates could be increased as leases expire, current owners do not charge for the 1 car garage but that could offer additional income as well. Buyer & buyer's agent to verify MLS information and measurements

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Gas
    Interior area
    • Total interior livable area: 4,127 sqft

    Property

    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 326600090004000

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Spearfish

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $474,240
    • Annual tax amount: $6,351

    Price history

    DateEventPrice
    6/21/2019Sold$315,000-4.5%$76/sqft
    Source: Agent Provided Report a problem
    5/14/2019Pending sale$330,000$80/sqft
    Source: Keller Williams Realty Black Hills #143741 Report a problem
    5/6/2019Listed for sale$330,000$80/sqft
    Source: Keller Williams Realty Black Hills #143741 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$6,351 -0.9%$474,240 -2.4%
    2025$6,408 +2.2%$485,930 +5.3%
    2024$6,271 +6.6%$461,470 +10.8%
    2023$5,881 +14.2%$416,520 +15.5%
    2022$5,148 +0.7%$360,520 +26.3%
    2021$5,110 $285,456 -4.6%
    2020$5,110 -1.7%$299,220
    2019$5,198 $299,220 +1.1%
    2018$5,198 +4.5%$296,010 +3.1%
    2017$4,973 -0.5%$286,980
    2016$4,997 -1.5%$286,980 +3.2%
    2015$5,070 -3.4%$278,030 +8.6%
    2014$5,246 +2.7%$255,990 +1%
    2013$5,107 $253,480
    Find assessor info on the county website

    Neighborhood: 57783

    Nearby schools

    GreatSchools rating
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