1945 Reserve St, Spearfish, SD 57783
Property image
Property image
OFF MARKET

1945 Reserve St
Spearfish, SD 57783

  • 8 Beds
  • 70 sqft (on 0.70 acres)

$1,602,700

Trulia Estimate
as of Aug 24, 2026

$1,602,700

Trulia Estimate
as of Aug 24, 2026
8 Beds
70 sqft
(on 0.70 acres)

Home Value

Trulia Estimate
$1.6M
Since last month
Decreased$10K (-0.6%)
Since last year
Increased$21K (+1.4%)
Since last sale
Increased$23K (+1.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +533% in the last 10 years
MonthEstimated value
2026
August 2026$1.6M
July 2026$1.61M
June 2026$1.6M
May 2026$1.61M
April 2026$1.63M
March 2026$1.64M
February 2026$1.61M
January 2026$1.6M
2025
2024
2023
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
205 Upper Valley Rd, Spearfish, SD
1.78
Multi-Family Home
$389,000
04/16/26
5
-
3,900
2975 Aspen Dr, Spearfish, SD
5.54
Multi-Family Home
$11,600,000
04/30/26
10
-
50,000

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3915 Gallatin Ave, Spearfish, SD 57783
0.06
$399,000
5
2
2,199
For Sale
2015 Vista Hills Pl, Spearfish, SD 57783
0.08
-
3
2
2,800
Off Market
3918 Gallatin Ave, Spearfish, SD 57783
0.09
$522,300
4
3
2,376
Off Market
3922 Gallatin Ave, Spearfish, SD 57783
0.10
$535,000
5
3
2,352
For Sale
1938 Absaroka St, Spearfish, SD 57783
0.10
$466,700
4
2
2,074
Off Market
1913 Cascade Ct, Spearfish, SD 57783
0.13
$526,600
4
3
2,332
Off Market
1920 Cascade Ct, Spearfish, SD 57783
0.15
$537,600
4
3
2,313
Off Market
1954-1984 Russell St, Spearfish, SD 57783
0.11
$5,685,000
Studio
-
-
For Sale
3841 Ward Ave, Spearfish, SD 57783
0.12
$494,700
3
2
1,603
Off Market
3817 Ward Ave, Spearfish, SD 57783
0.13
$620,600
4
3
1,697
Off Market
3809 Ward Ave, Spearfish, SD 57783
0.14
$525,400
5
2.5
2,684
Off Market

Local Information

  • Map ViewExplore the area around 1945 Reserve St.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
2013
Lot Size
0.7 acres
Living Area
70 sqft
Price/Sqft
$22,896

About this House

Listed by Jeremy Kahler, KWBH, 605-381-7500. Add your investment porfolio- 12 unit apartment complex in Spearfish SD with 100% occupancy and consistent rental history! *Built in 2013, the building has 6 units on the upper level and 6 units on ground level, with a private parking lot *Ground level units are Zero-entry for great accessibilty *Each unit is 875sqft and has 2 bedrooms, 1 bathroom, a full kitchen, private in-unit laundry and separate electric and AC *Consistenly improved on, units have updated kitchens with black appliances, new floors (vinyl plank or carpet), all units come with washer and dryer, and have new water heaters (2024) *Manicured lawn and beautiful landscaping throughout the property, maintained by a sprinkler system. Conveniently located 3 miles to BHSU campus and easy access to I90 and the Black Hills.
1945 Reserve St, Spearfish, SD 57783 is a 8 bedroom, 70 sqft multi-family built in 2013. It last sold for $1,580,000 on Mar 18, 2025 (4% below the $1,650,000 asking price). It is currently off market. The Trulia Estimate is $1,602,700, with a rent estimate of $1,896/month.
Last check for updates: about 10 hours ago
Listed by Jeremy Kahler
Keller Williams Realty Black Hills SP
Bought with: Tim Kudlock, Great Peaks Realty
Source: Mount Rushmore Area AOR, MLS#83131

Home Details for 1945 Reserve St

Interior Features

Beds & Baths
Number of Bedrooms: 8
Dimensions and Layout
Living Area: 70 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Electric Range Oven, Microwave, Washer, DryerDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Forced Air,Heat PumpHas CoolingAir Conditioning: Refrig. C/AirHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: Breaker

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab
Parking & Garage
No CarportNo GarageParking: Paved

Property Information

Year Built
Year Built: 2013
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Up & DownArchitecture: Up & Down
Building
Construction Materials: Frame, Other
Property Information
Included in Sale: All Units

Price & Status

Price
List Price: $1,650,000

Active Status

MLS Status: SOLD-CO-OP BY BOR MEMBER

Location

Direction & Address
City: SpearfishCommunity: The Reserve On Higgins Creek
School Information
Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish

Building

Building Area
Building Area: 70 Square Feet

Lot Information

Lot Area: 0.70 acres

Offer

Listing Terms: Cash, New Loan

Miscellaneous

Mls Number: 83131

Price and Tax history

DateEventPrice
Mar 18, 2025
Source: Mount Rushmore Area AOR #83131
Sold
$1,580,000
Feb 19, 2025
Source: Mount Rushmore Area AOR #83131
Contingent
$1,650,000
Feb 14, 2025
Source: Mount Rushmore Area AOR #83131
Listed For Sale
$1,650,000
Apr 11, 2018
Source: Mount Rushmore Area AOR #57827
Sold
$1,025,000
Jun 11, 2014
Source: Agent Provided
ListingRemoved
$1,075,000

Market trends in Spearfish

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
95
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spearfish

At least 52 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 81 % Say there's wildlife

  • 81 % Say it's dog friendly

  • 80 % Say yards are well-kept

  • 79 % Say car is needed

  • 78 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 60 % Say streets are well-lit

  • 59 % Say neighbors are friendly

  • 58 % Say it's walkable to restaurants

  • 45 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chadjagow
    "Great community and parks! Walk to everything from our neighborhood and every season has something going on. "
    0
    Flag
  • Brittney M.
    "People are always walking their dogs. But it is difficult to find a place to live with dogs. However, most community members love dogs and you can see people asking dog owners if they can pet them all the time. "
    5
    Flag
  • Brittney M.
    "This is a dog friendly neighborhood for small dogs but not at all for big dogs. Okay thank you "
    6
    Flag
  • Ariannhernandez
    "Is pretty, very safe that you can walk alone during the night. Friendly neighbors. But there is 0 public transportation. "
    1
    Flag
  • Cat
    "Lots of dogs for them to be around. Pretty Nice neighborhood. It’s definitely getting busier around this area"
    3
    Flag
  • Delana R.
    "Live in the area, clean, quiet, beautiful, friendly! Has it all! Growing a little too fast! Was the Best kept Secret now Best! "
    1
    Flag
  • Ibrenner
    "There are too many to name. However, Downtown Friday Nights in the summer are fun for all ages. There is a Fall Festival and a great Holiday Light Parade in December. Spearfish is a great place to live because of the beauty, friendly people, and lots of things to do."
    2
    Flag
  • RDM
    "this is an active mountian biking, fishing and musical community... now with 3 breweries! Always something going on for kids as well. "
    3
    Flag
  • Ladiajakubec
    "No public transportation or taxis but easy with low traffic at all times. also possible to ge arrondiert on a bike."
    2
    Flag
  • Ned H.
    "A mix of families and retirees. Close to park and open spaces. Good views of Crow Peak and Lookout Mountain. "
    0
    Flag
  • Aron R.
    "Good place to live and vacation ".............go visit this place it is a great place to worship. You can live here in extension of your current life "
    0
    Flag
  • Christle
    "Spearfish is a great place to live. College/university, great schools, jobs, great for retirees.....ND workers as well!"
    0
    Flag
  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."
    0
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved

Frequently asked questions about 1945 Reserve St

  • What is 1945 Reserve St estimated to be worth?
    Trulia's estimated value for 1945 Reserve St in Spearfish, SD is $1,602,700.
  • What is the price history for 1945 Reserve St?
    1945 Reserve St in Spearfish, SD last sold for $1,580,000 in March 2025.
  • Is Spearfish a buyer's or seller's market?
    Spearfish is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Spearfish?
    Residents describe Spearfish, SD as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Spearfish, SD.
  • Does 1945 Reserve St have air conditioning?
    Yes, 1945 Reserve St in Spearfish, SD has air conditioning.
  • Does 1945 Reserve St have laundry facilities?
    Yes, 1945 Reserve St in Spearfish, SD has in-unit laundry.

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