514 & 516 3rd St, Spearfish, SD 57783
OFF MARKET

514 & 516 3rd St
Spearfish, SD 57783

  • Studio
  • 3,180 sqft

$651,100

Trulia Estimate
as of May 8, 2026

$651,100

Trulia Estimate
as of May 8, 2026
Studio
3,180 sqft

Homes for sale near 514 & 516 3rd St

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Rare 4-Plex Investment in the Heart of Spearfish! Don’t miss this exceptional opportunity to own a historically fully occupied 4-plex in one of Spearfish’s most sought-after locations. Perfectly positioned just three blocks from the vibrant downtown business district and only one block from scenic Spearfish Park and the creek, this property offers a unique blend of convenience, charm, and long-term rental appeal. Units 1 & 2 each feature a spacious 2 bed / 1 bath layout with large windows that flood the interior with natural light. These units have been thoughtfully updated with brand-new flooring and fresh paint throughout. Each includes a private laundry area, a new stove and microwave, and a 1-stall garage connected via an oversized mudroom—perfect for added storage or functionality. Residents also enjoy private back patios and access to a side yard, ideal for enjoying the peaceful neighborhood surroundings. Units 3 & 4 are bright and cozy studio apartments offering smart layouts with full kitchens, bathrooms, large living areas, and tucked-away sleeping nooks. These units have seen recent upgrades including new windows, siding, and exterior decks and stairs. With neutral paint and carpet, ample storage, and plenty of natural light, these spaces provide comfortable, low-maintenance living in a fantastic location. Whether you're looking to live in one unit and lease the others, or add a high-performing property to your investment portfolio, this 4-plex delivers.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 30, 2025

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 514 & 516 3rd St

Interior Features

Dimensions and Layout
Living Area: 3180 Square Feet
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoEntry Location: Private Entrance

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
No CarportHas a GarageParking: Paved,On Street,Garage
Frontage
Road Surface Type: Paved

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Frame

Price & Status

Price
List Price: $650,000
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: SOLD-CO-OP BY BOR MEMBER

Location

Direction & Address
City: Spearfish
School Information
Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish

Building

Building Area
Building Area: 3180 Square Feet

Lot Information

Lot Area: 7000 sqft

Rental Terms, Policies & Fees

Owner Pays: Water/Sewer

Miscellaneous

Mls Number: 84668
Last check for updates: 36 minutes ago
Listed by Jenni Sneesby
Engel & Voelkers Black Hills Spearfish
Bought with: Aaron Schrader, Black Pine Real Estate
Source: Mount Rushmore Area AOR, MLS#84668

Price History for 514 & 516 3rd St

DatePriceEventSource
06/30/2025$640,000Sold
Mount Rushmore Area AOR #84668
06/06/2025$650,000ContingentMount Rushmore Area AOR #84668
06/02/2025$650,000Listed For SaleMount Rushmore Area AOR #84668
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Comparable Sales for 514 & 516 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
320 & 320-1/2 E Hudson St, Spearfish, SD
0.39
Multi-Family Home
$440,000
05/21/25
4
-
2,322
635 & 639 W Mason St, Spearfish, SD
0.46
Multi-Family Home
$575,000
05/30/25
11
-
4,778
205 Upper Valley Rd, Spearfish, SD
1.41
Multi-Family Home
$389,000
04/16/26
5
-
3,900

Assigned Schools

These are the assigned schools for 514 & 516 3rd St.
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

  • 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

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

Homes for rent near 514 & 516 3rd St

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Off Market Homes Near 514 & 516 3rd St

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514 & 516 3rd St, Spearfish, SD 57783 is a studio, 3,180 sqft multi-family built in 1984. This property is not currently available for sale. 514 & 516 3rd St was last sold on Jun 30, 2025 for $640,000 (2% lower than the asking price of $650,000). The current Trulia Estimate for 514 & 516 3rd St is $651,100.