728-748 E  Main St, Sturgis, SD 57785
Property image
Property image
OFF MARKET

728-748 E Main St
Sturgis, SD 57785

  • Studio

$858,500

Trulia Estimate
as of Aug 22, 2026

$858,500

Trulia Estimate
as of Aug 22, 2026
Studio
(on 1.16 acres)

Home Value

Trulia Estimate
$859K
Since last month
Decreased$27K (-2.8%)
Since last year
Decreased$211K (-18.2%)
Since last sale
Decreased$200K (-17.4%)
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 decreased by -31% in the last 10 years
MonthEstimated value
2026
August 2026$950K
July 2026$977K
June 2026$1.12M
May 2026$1.18M
April 2026$1.19M
March 2026$1.2M
February 2026$1.18M
January 2026$1.18M
2025
2024

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
1.01
Multi-Family Home
$330,000
10/01/25
4
-
2,070

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
0.06
$349,900
3
2
1,996
For Sale
0.05
$323,400
3
2
1,270
Off Market
0.08
$376,900
5
-
2,210
Off Market
0.08
$399,300
4
2
2,800
Off Market
0.11
$405,000
3
2
2,140
For Sale
0.11
$260,900
4
2
2,122
Off Market
0.12
$430,000
4
3
2,022
Recently Sold
0.13
$321,100
3
1
1,075
Off Market
0.13
$374,000
4
2
2,136
Off Market
0.12
$275,000
-
-
-
Recently Sold
0.13
$334,700
3
2
2,100
Off Market

Local Information

  • Map ViewExplore the area around 728-748 E Main St.
  • Schools1 Preschool School9 Elementary Schools6 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1970
Lot Size
1.16 acres

About this House

Here's your prime investment opportunity! Welcome to Key City Manor Apartments, located just blocks from downtown Sturgis. This property is a 32-unit HUD apartment building (with an HAP contract) featuring 16 one bedroom, one bathroom units and 16 efficiency, one bathroom units. Four sets of coin-op washer and dryers are located on the property, offering an additional income source, both an indoor and outdoor common area for tenants and ample off-street parking for each unit. This property has a record of a low vacancy rate of 93% and historic rent increases through HUD. Various capital improvements have been made in recent years including updated flooring and appliances in some units, new water heaters and boiler pumps, new exterior doors, one new coin-op washing machine, extensive concrete work in sidewalks and a new roof in 2022. Maintenance, management and vendors in place should a buyer choose to continue with the current operations team. Enjoy a 7% cap rate in this excellent investment! Call for more information today. Listed by Madison Reeves, Keller Williams Realty Black Hills - Spearfish (605) 569-9019
728-748 E Main St, Sturgis, SD 57785 is a studio multi-family built in 1970. It last sold for $1,150,000 on Dec 10, 2024 (18% below the $1,399,900 asking price). It is currently off market. The Trulia Estimate is $858,500, with a rent estimate of $1,071/month.
Last check for updates: about 12 hours ago
Listed by Madison Shipman
Keller Williams Realty Black Hills SP
Bought with: Madison Shipman, Keller Williams Realty Black Hills SP
Source: Mount Rushmore Area AOR, MLS#79777

Home Details for 728-748 E Main St

Interior Features

Interior Details
Basement: Crawl Space
Appliances & Utilities
Appliances: Refrigerator, Electric Range Oven, Washer, DryerDryerRefrigeratorWasher
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Evap.Has HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: BreakerNo Electric on Property
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoEntry Location: Community Entrance
Security
Security: Smoke Detector(s), Security System

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: Shed(s)
Parking & Garage
No CarportNo GarageParking: Paved,Common

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick, Other
Property Information
Included in Sale: All Units, Refrigerator, Range/Oven, Washer, Dryer

Price & Status

Price
List Price: $1,399,900
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: SOLD-NON-BOR MEMBER

Location

Direction & Address
City: Sturgis
School Information
Elementary School District: MeadeJr High / Middle School District: MeadeHigh School District: Meade

Lot Information

Lot Area: 1.16 Acres

Offer

Listing Terms: Cash, New Loan

Business

Expense
Tenant Pays: Rent Only

Rental Terms, Policies & Fees

Owner Pays: Gas/Electric, Water/Sewer, Taxes, Insurance, Janitorial Service

Miscellaneous

Mls Number: 79777

Price and Tax history

DateEventPrice
Dec 10, 2024
Source: Mount Rushmore Area AOR #79777
Sold
$1,150,000
Jul 15, 2024
Source: Mount Rushmore Area AOR #79777
Contingent
$1,399,900
Jul 10, 2024
Source: Mount Rushmore Area AOR #79777
PendingToActive
$1,399,900
Apr 21, 2024
Source: Mount Rushmore Area AOR #79777
Contingent
$1,399,900
Apr 15, 2024
Source: Mount Rushmore Area AOR #79777
Listed For Sale
$1,399,900

Market trends in Sturgis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
58
3
MoM

Around this home

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 Sturgis

At least 18 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 92 % Say it's dog friendly

  • 92 % Say it's walkable to grocery stores

  • 88 % Say there are sidewalks

  • 88 % Say yards are well-kept

  • 81 % Say there's wildlife

  • 79 % Say people would walk alone at night

  • 78 % Say car is needed

  • 71 % Say they plan to stay for at least 5 years

  • 67 % Say there's holiday spirit

  • 64 % Say it's walkable to restaurants

  • 64 % Say it's quiet

  • 62 % Say kids play outside

  • 55 % Say neighbors are friendly

  • 45 % Say streets are well-lit

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nico.bela7
    "N/A everything is peaceful and people are generally polite. Never had an issue with anyone although there are people who speed through the neighborhood and sometimes are questionable people walking around, urinating in public sometimes. "
  • MilTik
    "Lived here for 3 years so far and most everyone are friendly. Cute safe little town with an interesting shops. The price of groceries are a little higher than I’m used to seeing in rapid city. "
  • Candice M.
    "You see people walkintheir dogs and people walking to the store all the time! You can go into the store during the winter time and leave the heat running and your car won't be stolen! Very different from Florida's Tampa Bay Area! "
  • Wcheno518
    "I love it here. Peaceful and quite quiet and neighbors are nice. Close to everything. There are a couple problem children, and there has been at least one theft that I am aware of and a mean dog.....other than that it’s a great place. "
  • Deb S.
    "When we moved to Sturgis we were welcomed by the neighbors so warmly we are great friends to this day. I love my neighborhood it is older but it is awesome. We have moved for my husbands job, but, we are keeping our home, so we rented it out to our neighbors family. We will be back. "

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 728-748 E Main St

  • What is 728-748 E Main St estimated to be worth?
    Trulia's estimated value for 728-748 E Main St in Sturgis, SD is $858,500.
  • What is the price history for 728-748 E Main St?
    728-748 E Main St in Sturgis, SD last sold for $1,150,000 in December 2024.
  • Is Sturgis a buyer's or seller's market?
    Sturgis is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Sturgis?
    Residents describe Sturgis, SD as easy to park in, dog-friendly, and walkable to grocery stores. See recently sold homes in Sturgis, SD.
  • Does 728-748 E Main St have air conditioning?
    Yes, 728-748 E Main St in Sturgis, SD has air conditioning.
  • Does 728-748 E Main St have laundry facilities?
    Yes, 728-748 E Main St in Sturgis, SD has in-unit laundry.

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

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