438 S 14th Street, Hot Springs, SD 57747
Local realty services provided by:CENTURY 21 Spearfish Realty
Listed by: faith lewis
Office: lewis realty
MLS#:90237
Source:SD_NBHMLS
Price summary
- Price:$499,000
About this home
CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! :)...
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Home facts
- Year built:1984
- Subdivision & Development:Fargo-Prentice
- Listing ID #:90237
- Added:51 day(s) ago
- Updated:September 03, 2026 at 05:06 PM
Rooms and interior
- Basement Description:Completely Finished, Full Basement
Heating and cooling
- Cooling:Refrig. Wall Unit
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Composition
- Year built:1984
- Lot area:0.3 Acres
- Architectural Style:Side/Side
Finances and disclosures
- Price:$499,000
Features and amenities
- Amenities:Paved Street
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