200 Montana Avenue, Lead, SD 57754
Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
200 Montana Avenue,Lead, SD 57754
$1,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jeremy kahler
Office: keller williams realty black hills sp
MLS#:83794
Source:SD_NBHMLS
Price summary
- Price:$1,500,000
About this home
Listed by Jeremy Kahler, KWBH, 605-381-7500. Great opportunity to add to your investment portfolio- 23 unit apartment complex with 100% occupancy in Lead, SD with consistent rental history and great potential to expand! *Property is all on one level, with zero-entry access for easy accessibility, and complies with most ADA requirements *This one building facility has 14 studio apartments, 6- 1 bed/1 bath units and 3- 2 bed/1 bath units *Each apartment has a kitchen/kitchenette space, bathroom with walk in shower and separate heating/cooling units *On-site coin operated laundry room *Safety features include: secured entry, video surveillance and an internal sprinkler system *Common spaces include: rest rooms, communal seating areas (inside and out), rec rooms and storage areas *Front office space for onsite management *Manicured exterior with sprinkler maintained lawn and landscaping, outdoor seating areas and a walkway around the building *Flat private parking lot (1 space/unit) plus 6 assigned covered parking spaces *Great potential to expand- property has multiple storage spaces, public restrooms, a commercial kitchen, set up for an in-house barber shop, and space for potential unit expansion. Centrally located behind Lynns Dakota Mart grocery store. **Seller will consider doing owner financing**
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Home facts
- Year built:2002
- Listing ID #:83794
- Added:284 day(s) ago
- Updated:January 16, 2026 at 09:53 PM
Heating and cooling
- Cooling:Refrig. Wall Unit
- Heating:Cove, Electric
Structure and exterior
- Year built:2002
Finances and disclosures
- Price:$1,500,000
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