728-748 E Main St
Sturgis, SD 57785
- Studio
$858,500
as of Aug 22, 2026
$858,500
as of Aug 22, 2026
Studio
(on 1.16 acres)
Home Value
Trulia Estimate
$859KSince 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
| Month | Estimated 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
-- mins to
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
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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 |
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Exterior Home Features Roof: CompositionOther Structures: Shed(s) |
Parking & Garage No CarportNo GarageParking: Paved,Common |
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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 |
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Price List Price: $1,399,900 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: SOLD-NON-BOR MEMBER |
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Direction & Address City: Sturgis |
School Information Elementary School District: MeadeJr High / Middle School District: MeadeHigh School District: Meade |
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Lot Area: 1.16 Acres |
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Listing Terms: Cash, New Loan |
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Expense Tenant Pays: Rent Only |
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Owner Pays: Gas/Electric, Water/Sewer, Taxes, Insurance, Janitorial Service |
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Mls Number: 79777 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
58
3MoM
Around this home
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.
LGBTQ Local Legal Protections
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
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.

