Mount Rushmore Area Listings

COMMERCIAL/INDUSTRIAL:
MLS#:89071
Price: $$550,000.00
Listing Date:06/01/2026
Type Other
Selling:
Area: Hot Springs
Legal Ownership:
Current Use: Other
Liquor License:
Malt Beverage:
Frontage: No
Parking Spaces: 8+
Total Bldg Sq Ft: 2016
Number of Acres:
Lot Size:
Building Levels:
Year Built: 1963

Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.

Listing Office: Black Hills Best Realty, Agent: Heidebrink, Christine