721 University St, Spearfish, SD 57783
Property image
Property image
OFF MARKET

721 University St
Spearfish, SD 57783

  • 7 Beds
  • 5 Baths
  • 4,127 sqft (on 0.32 acres)

$613,300

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $3,450/mo*

$613,300

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $3,450/mo*
7 Beds
5 Baths
4,127 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 721 University St.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1910
Lot Size
0.32 acres
Living Area
4,127 sqft
Price/Sqft
$149

About this House

Incredible investment opportunity in the beautiful town of Spearfish- home of BHSU and voted "Best Small Town in South Dakota" by Thrillist in 2017! This tri-plex, located in the heart of Spearfish and just 4 blocks from the BHSU campus, offers a great return on investment and low vacancy rate. Metered separately for gas & electric, which tenants pay. Units on the main level have been nicely updated and both include 3 bed, 2 bath with washer/dryer (hookups), dishwashers, and separate entrances. Upper level unit has 1 bed, 1 bath, great living space, washer/dryer, storage closet and separate entrance. Wonderful charm plus upgraded finishes and materials used throughout! Currently, all units are pet & smoke free, well maintained, and full occupancy. Plenty of off street parking on the side & rear of property. Rental rates could be increased as leases expire, current owners do not charge for the 1 car garage but that could offer additional income as well. Buyer & buyer's agent to verify MLS information and measurements
721 University St, Spearfish, SD 57783 is a 7 bedroom, 5 bathroom, 4,127 sqft multi-family built in 1910. It last sold for $315,000 on Jun 21, 2019. It is currently off market. The Trulia Estimate is $613,300, with a rent estimate of $2,079/month.

Home Details for 721 University St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 0.32 acres

Price History for 721 University St

DatePriceEventSource
06/21/2019$315,000Sold
N/A
05/14/2019$330,000PendingAgent Provided
05/06/2019$330,000Listed For SaleAgent Provided

Market trends in Spearfish

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
Sale-to-List Price
—
Price per sq ft
$223
Available listings
97
13
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$6,408
Assessment$485,930
Home facts updated by county records

Comparable Sales for 721 University St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.03
Multi-Family Home
$389,000
04/16/26
5
-
3,900
3.24
Multi-Family Home
$11,600,000
04/30/26
10
-
50,000

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 721 University St.
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

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. "
  • 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. "
  • Brittney M.
    "This is a dog friendly neighborhood for small dogs but not at all for big dogs. Okay thank you "
  • Ariannhernandez
    "Is pretty, very safe that you can walk alone during the night. Friendly neighbors. But there is 0 public transportation. "
  • Cat
    "Lots of dogs for them to be around. Pretty Nice neighborhood. It’s definitely getting busier around this area"
  • 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! "
  • 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."
  • RDM
    "this is an active mountian biking, fishing and musical community... now with 3 breweries! Always something going on for kids as well. "
  • Ladiajakubec
    "No public transportation or taxis but easy with low traffic at all times. also possible to ge arrondiert on a bike."
  • Ned H.
    "A mix of families and retirees. Close to park and open spaces. Good views of Crow Peak and Lookout Mountain. "
  • 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 "
  • Christle
    "Spearfish is a great place to live. College/university, great schools, jobs, great for retirees.....ND workers as well!"
  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Homes for sale near 721 University St

Skip to last item
Skip to first item

Off Market Homes Near 721 University St

Skip to last item
Skip to first item