731 & 735 N Ames St
Spearfish, SD 57783
6 Beds
1,822 sqft (on 0.28 acres)
$851,500
Original price: $871,500
$851,500
Original price: $871,500
6 Beds
1,822 sqft
(on 0.28 acres)
Local Information
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Description
A truly rare opportunity to own two beautifully renovated, side-by-side properties in one of Spearfish's most desirable and walkable locations. Situated on to adjoining 0.16-acre lots zoned for both residential and commercial use, this unique property package offers exceptional flexibility for homeowners, investors and future development alike. Both homes are located along a charming creek that flows through the front yards, creating a peaceful, nature-filled setting that is seldom found so close to downtown. Enjoy the convenience of being within walking distance to historic downtown Spearfish, Black Hills State University, local shops, restaurants, and community amenities. The portfolio includes: 731 N Ames St- A fully renovated 2-bedroom, 1-bath single-family home offering 720 square feet of comfortable living space. 735 N Ames St- A fully renovated duplex with 2-bedroom, 1-bath units and full kitchens, totaling 1,102 square feet, plus a detached one-car garage with two additional storage units. both properties have proven history of success as long-term rentals and highly rated Airbnbs, making this an exceptional opportunity for income-producing ownership from day one. Whether you are seeking a strategic investment, a live-in-and-rent opportunity, or a rare side-by-side assemblage in a high-end corridor, this portfolio offers location, versatility, and long-term upside that is increasingly difficult to find in Spearfish.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$467
Listed
112 days ago
Home Details for 731 & 735 N Ames St
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Beds & Baths Number of Bedrooms: 6 |
Dimensions and Layout Living Area: 1822 Square Feet |
Heating & Cooling No Heating |
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Days on Market: 112 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: OtherArchitecture: Other |
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Price List Price: $851,500Price Per Sqft: $467 |
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MLS Status: ACTIVE |
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Direction & Address City: SpearfishCommunity: Schar |
School Information Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish |
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Listing Agent Listing ID: 87192 |
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Building Area Building Area: 1822 Square Feet |
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Lot Area: 0.28 acres |
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Mls Number: 87192 |
Last check for updates: about 9 hours ago
Listing courtesy of Jaden Harper
eXp Realty
Source: Mount Rushmore Area AOR, MLS#87192
Also Listed on eXp Realty.
Price History for 731 & 735 N Ames St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/14/2026 | $851,500 | PriceChange | Mount Rushmore Area AOR #87192 |
| 01/17/2026 | $871,500 | Listed For Sale | Mount Rushmore Area AOR #87192 |
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Comparable Sales for 731 & 735 N Ames St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $575,000 | 05/30/25 | 11 | - | 4,778 | |
0.32 | Multi-Family Home | $640,000 | 06/30/25 | - | 3,180 | ||
0.63 | Multi-Family Home | $440,000 | 05/21/25 | 4 | - | 2,322 | |
1.11 | Multi-Family Home | $389,000 | 04/16/26 | 5 | - | 3,900 |
Assigned Schools
These are the assigned schools for 731 & 735 N Ames St.
- West Elementary - 03
- 1-2
- Public
- 352 Students
NAGreatSchools RatingParent Rating AverageBoth of my children went to this school, and both had good experiences. The teachers were attentive and I always felt welcome to come and visit. I am not sure how much is done in regards to bullying, but I am not sure if this is much of an issue in the younger age groups from what I can tell.Parent Review8y ago - Creekside Elementary - 07
- 3-5
- Public
- 498 Students
8/10GreatSchools RatingParent Rating AverageBoth of my children attended Creekside. We did not really have any negative experiences, other than occasional discrepancies on the playground, and I'm not sure how well those were handled by the staff. Other than that, my only other issue would be how well they prepare children for the transition to middle school. A "no homework" policy may not be the best for them, although I understand allowing them to be kids and enjoy their last year of elementary school. Overall we had good experiences and my children enjoyed their time at this school.Parent Review8y ago - Spearfish Middle School - 05
- 6-8
- Public
- 600 Students
6/10GreatSchools RatingParent Rating AverageI have one child that has attended here so far, and one that will be coming into this school next year. My son had a good experience in middle school, and I really don't have anything negative to share. I am not sure on how well they work with those with learning differences or on the subject of bullying, but that is simply because we didn't deal with either of those personally.Parent Review8y ago - Spearfish High School - 01
- 9-12
- Public
- 796 Students
5/10GreatSchools RatingParent Rating AverageThere is a dark cloud over the school. Boys/Girls Basketball, Volleyball, Football... are all broken programs for years and years with no willingness to fix. Wish we had gone to Lead-Deadwood HS or Belle Fourche HS.Bitter aftertaste after graduation.Other Review6y ago - Mountain View Elementary - 08
- K
- Public
- 168 Students
NAGreatSchools RatingParent Rating AverageThis school irreparably damaged my child and I would strongly advise the public against sending their precious children here. Additionally, they promote extremism and anti-traditional pedagogical modalities.Parent Review1mo ago 
Check out schools near 731 & 735 N Ames St.
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.
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Jaden Harper, eXp Realty
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
731 & 735 N Ames St, Spearfish, SD 57783 is a 6 bedroom, 1,822 sqft multi-family. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Jan 17, 2026. The MLS # for this home is MLS# 87192.