Skip To Content

603 Jensen Highway

Hot Springs, SD 57747
  • $550,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 89071
UPDATED: 65 min ago
$550,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
Area:

School Ratings & Info

Description

Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.

Monthly Payment Calculator



© 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 Keller Williams Realty Black Hills. 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 Keller Williams Realty Black Hills 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: 2026-07-10T15:44:46.44.
www.blackhillshomesd.com/homes/177640705
Print Image

603 Jensen Highway Hot Springs, SD 57747

  • Price: $550,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 65 min ago
  • MLS #: 89071
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1963
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
Property Description
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Exterior Features

Construction Frame Parking AssignedParking LotPaved Parking Spaces 8+

Interior Features

Approx Building Sq Ft 2016 Basement Substructure Crawl Space Cooling Refrig. Wall Unit Heating Electric

Property Features

Auction YN No Commercial Property Type Other Documents On File EasementsFinancialsLegal DescriptionPhotographsProperty DisclosureSurveyAerial Photo Extras FurnishedHi-Traffic LocationHigh VisibilityHighway AccessKitchen Area For Sale Or Rent For Sale Number Of Building Levels 1 Occupant Long Term Tenant Short Sale No Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site)

[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 Keller Williams Realty Black Hills. 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 Keller Williams Realty Black Hills 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: 2026-07-10T15:44:46.44.
 
https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_89071-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_89071-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_89071-2.jpg
Logo
Keller Williams Realty Black Hills
2401 W Main Street
Rapid City SD, 57702