505 W  Summit St, Lead, SD 57754
OFF MARKET

505 W Summit St
Lead, SD 57754

  • Studio
  • 1,920 sqft

$267,300

Trulia Estimate
as of Aug 24, 2026

$267,300

Trulia Estimate
as of Aug 24, 2026
Studio
1,920 sqft

Home Value

Trulia Estimate
$267K
Since last month
Increased$5K (+1.8%)
Since last year
Decreased$9K (-3.1%)
Since last sale
Increased$128K (+91.5%)
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 +140% in the last 10 years
MonthEstimated value
2026
August 2026$268K
July 2026$263K
June 2026$284K
May 2026$270K
April 2026$274K
March 2026$262K
February 2026$263K
January 2026$269K
2025
2024
2023
2022
2021
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
0.64
Multi-Family Home
$395,000
02/06/26
4
-
1,496
0.52
Multi-Family Home
$370,000
03/31/26
8
-
3,791
0.70
Multi-Family Home
$1,100,000
10/01/25
-
12,328
2.69
Multi-Family Home
$170,000
09/08/25
2
-
1,562
2.66
Multi-Family Home
$244,850
11/19/25
2
-
1,043

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
0.04
$315,000
3
2
1,428
For Sale
0.04
$345,600
4
2
2,340
Off Market
0.07
$249,000
2
1
1,256
For Sale
0.08
$260,300
2
2
1,112
Off Market
0.13
$179,900
3
1.5
1,736
For Sale
0.13
$175,700
3
1
2,260
Off Market
0.12
$357,000
3
2
1,772
Off Market
0.16
$219,900
4
2
1,600
Off Market
0.13
$314,700
4
1.5
1,640
Off Market
0.16
$399,000
3
2
2,034
For Sale
0.18
$310,000
3
1
960
Recently Sold
0.18
$291,300
3
1.5
1,341
Off Market

Local Information

  • Map ViewExplore the area around 505 W Summit St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1936
Living Area
1,920 sqft
Price/Sqft
$139

About this House

GREAT PROPERTY, VERY COZY, SPACIOUS APARTMENTS. BUILDING SOLD "AS IS".
505 W Summit St, Lead, SD 57754 is a studio, 1,920 sqft multi-family built in 1936. It last sold for $140,000 on Oct 1, 2019. It is currently off market. The Trulia Estimate is $267,300, with a rent estimate of $1,511/month.

Home Details for 505 W Summit St

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: Metal

Property Information

Year Built
Year Built: 1936
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 3

Lot Information

Lot Area: 9147 sqft

Price and Tax history

DateEventPrice
Oct 1, 2019
Source: Mount Rushmore Area AOR #61825
Sold
$140,000
Aug 28, 2019
Source: Agent Provided
Pending
$149,366
Jun 26, 2019
Source: Agent Provided
Listed For Sale
$149,366

Market trends in Lead

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
121
7
MoM

What Locals Say about Lead

At least 9 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 82 % Say there's wildlife

  • 81 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 80 % Say there's holiday spirit

  • 79 % Say car is needed

  • 72 % Say there are sidewalks

  • 71 % Say parking is easy

  • 65 % Say it's walkable to restaurants

  • 64 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 46 % Say kids play outside

  • 38 % Say streets are well-lit

  • 36 % Say it's walkable to grocery stores

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Natosha
    "I feel everyone is good about using a leash or their dog is well trained to stay by their side. You don't see them running lose very often which is a plus. "
  • Studio19onmain
    "45 min straight shot on good highway to interstate traffic light to non existent most days but during certain holidays traffic can be heavier at times"

LGBTQ Local Legal Protections

Frequently asked questions about 505 W Summit St

  • What is 505 W Summit St estimated to be worth?
    Trulia's estimated value for 505 W Summit St in Lead, SD is $267,300.
  • What is the price history for 505 W Summit St?
    505 W Summit St in Lead, SD last sold for $140,000 in October 2019.
  • Is Lead a buyer's or seller's market?
    Lead is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Lead?
    Residents describe Lead, SD as dog-friendly, well-kept, and pedestrian-friendly. See recently sold homes in Lead, SD.

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Off Market Homes Near 505 W Summit St

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