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315 S River Street

Hot Springs, SD 57747
  • $429,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 86953
UPDATED: 58 min ago
$429,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
Area:

School Ratings & Info

School District:

Description

Location, convenience, and investment potential all come together in this well-maintained 4-plex, with each unit offering 2 bedrooms and 1 bathroom. Situated directly across from a beautiful park with Fall River flowing through it, a scenic walking path, and playground, this property offers a setting tenants love! Enjoy easy access to downtown Hot Springs, where dining, shopping, and entertainment are just minutes away. One unit has been completely remodeled, providing an updated living space or an ideal owner-occupied option. The building also features a new roof and gutters installed in 2024, offering peace of mind for years to come. Each unit includes individual laundry hook ups and its own garage space, highly desirable amenities that add value and convenience. Whether you choose to live in one unit and rent the others or operate it strictly as an investment, this property delivers strong potential in a prime location. A rare find—don’t miss this opportunity to own a multi-unit property in the heart of Hot Springs!

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© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. 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 Engel & Voelkers Black Hills LLC 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. Data last updated: 2026-02-18T19:44:44.2.
www.rapidcityhomes4sale.com/homes/171510972
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315 S River Street Hot Springs, SD 57747

  • Price: $429,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 58 min ago
  • MLS #: 86953
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1979
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
School District:
Hot Springs
Property Description
Location, convenience, and investment potential all come together in this well-maintained 4-plex, with each unit offering 2 bedrooms and 1 bathroom. Situated directly across from a beautiful park with Fall River flowing through it, a scenic walking path, and playground, this property offers a setting tenants love! Enjoy easy access to downtown Hot Springs, where dining, shopping, and entertainment are just minutes away. One unit has been completely remodeled, providing an updated living space or an ideal owner-occupied option. The building also features a new roof and gutters installed in 2024, offering peace of mind for years to come. Each unit includes individual laundry hook ups and its own garage space, highly desirable amenities that add value and convenience. Whether you choose to live in one unit and rent the others or operate it strictly as an investment, this property delivers strong potential in a prime location. A rare find—don’t miss this opportunity to own a multi-unit property in the heart of Hot Springs!
Exterior Features

Construction Frame Parking CommonGarageStreet Parking Roof Composition Siding Wood Siding Style Up & Down

Interior Features

Approx Building Sq Ft 1792 Basement Substructure Crawl SpaceOutside Entrance Only Entrance Private Entrance Heating ElectricBaseboard Number Of Units 4 Systems Breaker

Property Features

Auction YN No Documents On File Property Disclosure Extras View For Sale Or Rent For Sale Includes All UnitsRange/OvenRefrigerator Miscellaneous Separate Meters Modular YN No Multi Family Property Type Fourplex Owner Pays InsuranceReal Estate TaxesWater/Sewer Personal Property RefrigeratorElectric Range Oven Pets Allowed YN Yes Safety Features Smoke Detectors Short Sale No Subdivision YN No Tenant Pays Gas/Electric Terms CashNew Loan

[Mount Rushmore Area Association of Realtors] logoListing information © 2026 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christine Heidebrink of Black Hills Best Realty: 605-685-4060.



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. 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 Engel & Voelkers Black Hills LLC 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. Data last updated: 2026-02-18T19:44:44.2.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701