314 5th St
Spearfish, SD 57783
6 Beds
4,305 sqft
$659,000
$659,000
6 Beds
4,305 sqft
Local Information
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Description
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Incredible rental investment opportunity with this 5-plex in downtown Spearfish, operating at 100% occupancy rate! 4 of the 5 apartment units have been remodeled to include new appliances and fixtures, flooring, cabinets, vanities and countertops, sinks and toilets. All units are 1-bedroom, 1-bathroom, except the basement unit is a larger 2-bedrooms, 1-bathroom unit. Basement also offers a common laundry room area. There is a detached garage accessed from the alley along with additional parking, plus front off-street parking! Brand new roof in summer 2025.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$153
Listed
71 days ago
Home Details for 314 5th St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 6 |
Dimensions and Layout Living Area: 4305 Square Feet |
Heating & Cooling Heating: Natural Gas,Electric,Baseboard,Wall FurnaceHas CoolingAir Conditioning: Window Evap.Has HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoEntry Location: Community Entrance |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Metal |
Parking & Garage No CarportNo GarageParking: Common |
Frontage Road Surface Type: Paved |
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Days on Market: 71 |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Stucco |
Property Information Included in Sale: All Units, Refrigerator, Range/Oven |
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Price List Price: $659,000Price Per Sqft: $153 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: ACTIVE |
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Direction & Address City: SpearfishCommunity: Original Town |
School Information Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish |
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Listing Agent Listing ID: 87691 |
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Building Area Building Area: 4305 Square Feet |
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Lot Area: 6969.6 sqft |
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Listing Terms: Cash, New Loan |
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Lease Term: Month To Month, 12 Months |
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BasementMls Number: 87691 |
Last check for updates: about 3 hours ago
Listing courtesy of Heath Gran
Great Peaks Realty
Scot Munro
Great Peaks Realty
Source: Mount Rushmore Area AOR, MLS#87691
Also Listed on Black Hills AOR, Black Hills AOR.
Price History for 314 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/09/2026 | $659,000 | Listed For Sale | Mount Rushmore Area AOR #87691 |
| 02/26/2026 | $659,000 | ListingRemoved | Mount Rushmore Area AOR #83608 |
| 08/12/2025 | $659,000 | PriceChange | Mount Rushmore Area AOR #83608 |
| 06/30/2025 | $675,000 | PriceChange | Mount Rushmore Area AOR #83608 |
| 03/25/2025 | $699,000 | Listed For Sale | Mount Rushmore Area AOR #83608 |
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Comparable Sales for 314 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $640,000 | 06/30/25 | - | 3,180 | ||
0.33 | Multi-Family Home | $440,000 | 05/21/25 | 4 | - | 2,322 | |
0.67 | Multi-Family Home | $575,000 | 05/30/25 | 11 | - | 4,778 | |
1.62 | Multi-Family Home | $389,000 | 04/16/26 | 5 | - | 3,900 |
Assigned Schools
These are the assigned schools for 314 5th St.
- West Elementary - 03
- 1-2
- Public
- 352 Students
NAGreatSchools RatingParent Rating AverageBoth of my children went to this school, and both had good experiences. The teachers were attentive and I always felt welcome to come and visit. I am not sure how much is done in regards to bullying, but I am not sure if this is much of an issue in the younger age groups from what I can tell.Parent Review8y ago - Creekside Elementary - 07
- 3-5
- Public
- 498 Students
8/10GreatSchools RatingParent Rating AverageBoth of my children attended Creekside. We did not really have any negative experiences, other than occasional discrepancies on the playground, and I'm not sure how well those were handled by the staff. Other than that, my only other issue would be how well they prepare children for the transition to middle school. A "no homework" policy may not be the best for them, although I understand allowing them to be kids and enjoy their last year of elementary school. Overall we had good experiences and my children enjoyed their time at this school.Parent Review8y ago - Spearfish Middle School - 05
- 6-8
- Public
- 600 Students
6/10GreatSchools RatingParent Rating AverageI have one child that has attended here so far, and one that will be coming into this school next year. My son had a good experience in middle school, and I really don't have anything negative to share. I am not sure on how well they work with those with learning differences or on the subject of bullying, but that is simply because we didn't deal with either of those personally.Parent Review8y ago - Spearfish High School - 01
- 9-12
- Public
- 796 Students
5/10GreatSchools RatingParent Rating AverageThere is a dark cloud over the school. Boys/Girls Basketball, Volleyball, Football... are all broken programs for years and years with no willingness to fix. Wish we had gone to Lead-Deadwood HS or Belle Fourche HS.Bitter aftertaste after graduation.Other Review6y ago - Mountain View Elementary - 08
- K
- Public
- 168 Students
NAGreatSchools RatingParent Rating AverageThis school irreparably damaged my child and I would strongly advise the public against sending their precious children here. Additionally, they promote extremism and anti-traditional pedagogical modalities.Parent Review2mo ago 
Check out schools near 314 5th St.
What Locals Say about Spearfish
At least 52 Trulia users voted on each feature.
89 % Say parking is easy
82 % Say it's dog friendly
81 % Say there's wildlife
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
44 % Say they plan to stay for at least 5 years
39 % Say it's walkable to grocery stores
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Heath Gran, Great Peaks Realty
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
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
314 5th St, Spearfish, SD 57783 is a 6 bedroom, 4,305 sqft multi-family built in 1952. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Mar 9, 2026. The MLS # for this home is MLS# 87691.