603 Jensen Highway, Hot Springs, SD 57747

Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
603 Jensen Highway,Hot Springs, SD 57747
$550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christine heidebrink
Office: black hills best realty
MLS#:88935
Source:SD_NBHMLS

Price summary

  • Price:$550,000

About this home

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...

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Home facts

  • Year built:1963
  • Listing ID #:88935
  • Added:1 day(s) ago
  • Updated:June 02, 2026 at 11:23 AM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Refrig. Wall Unit
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1963
  • Lot area:0.18 Acres
  • Architectural Style:Side/Side
  • Foundation Description:Crawl Space

Finances and disclosures

  • Price:$550,000

Features and amenities

  • Amenities:Paved Street