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1931-1984 Russell St

Spearfish, SD 57783
  • $4,349,000
  • STATUS: Active
  • ON SITE: 591 Days
  • MLS #: 171038
UPDATED: 43 min ago
$4,349,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

New Rental expansion!! 2 brand new buildings will be added to this income-producing operation in the Spring 2026 offering a total of 18 rental units! The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units, 2 more newly built buildings to be added in the Spring 2026 - but this full development is approved for 21 structures (42 units) in all. Call today!

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© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Keller Williams Realty Black Hills. Data last updated: 2026-06-07T13:16:15.417.
www.blackhillshomesd.com/homes/157078804
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1931-1984 Russell St Spearfish, SD 57783

  • Price: $4,349,000
  • Status: Active
  • On Site: 591 Days
  • Updated: 43 min ago
  • MLS #: 171038
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2022
Built
Neighborhood:
The Reserve On Higgins Cr
County:
Lawrence
Area:
Northern Hills
Property Description
New Rental expansion!! 2 brand new buildings will be added to this income-producing operation in the Spring 2026 offering a total of 18 rental units! The Russell Street Duplexes located in the Commons at the Reserve in Spearfish are your modern-day fully appliance furnished apartment style, upstairs & downstairs units serve as a fantastic investment opportunity! Each duplex has 836 sq ft providing adequate living space, presenting an open concept layout with large stationary island complimented with 2 bedrooms (one ensuite), 2 full bathrooms and laundry room. Each unit has a deck/patio and off-street parking spaces. These units run at 100% occupancy since they were completed. Currently the site has 7 buildings with a total of 14 units, 2 more newly built buildings to be added in the Spring 2026 - but this full development is approved for 21 structures (42 units) in all. Call today!
Exterior Features

Construction Frame Entrance Community Entrance Lot Size 3.25 acres Lot Type Flat Parking Paved Roofing Composition View Hills

Interior Features

Cooling Central Foundation Slab Heating Forced Air

Property Features

Auction YN No Documents On File Other (See Remarks) Features PatioBalcony/DeckKit/DR Combo Miscellaneous Individual Water Heaters Multifamily Type Duplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year Lease Vacancy Rate 0 - 5% Water City Zoning Unknown

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Heath Gran of GREAT PEAKS REALTY MUNRO & GRAN: 605-717-7325.


© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 Keller Williams Realty Black Hills. Data last updated: 2026-06-07T13:16:15.417.
 
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