$389,000
$10K PRICE DROP

406 & 410 Jennings Ave Hot Springs, SD 57747

Estimated payment $2,540/month

Total Views 5,664
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water Softener is Owned
  • Private Entrance
  • Mini Split Heat Pump
  • Evaporated cooling system

About This Home

Prime Investment Opportunity or Multi-Generational Living in Hot Springs! Unlock the potential of this spacious duplex at 406 & 410 Jennings Avenue—perfect for investors or homeowners looking to offset their mortgage by renting out one unit! Conveniently located just a short walk to downtown Hot Springs, where you’ll find great dining, shopping, and entertainment. Both units feature beautiful hardwood floors and come fully equipped with all appliances. The updated kitchens boast quartz countertops and each has a spacious living room and dedicated dining area, as well as a full unfinished basement for extra storage or potential expansion. The property also includes a carport for additional parking and a front yard sprinkler system for easy yard maintenance. Recent updates ensure peace of mind, including a newer roof, gutters, and downspouts installed in 2021. The structure also has enhanced insulation with blown-in cellulose and foam, followed by fresh stucco for improved energy efficiency. Unit Highlights: West Unit (883 sq. ft.) – 2 bedrooms plus an office (or 3rd bedroom), 3⁄4 bath, newer mini split heat system, newer appliances and a single attached garage. East Unit (1,296 sq. ft.) – 3 bedrooms plus an office (or 4th bedroom), full bath, a cozy propane fireplace, a fenced yard, and a double detached garage off the alley. This versatile property offers endless possibilities—whether you're looking for a smart investment or the perfect multi-generational living solution!

Listing Agent

Christine Heidebrink

Mt. Rushmore Properties License #15557 Listed on: 03/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 1929

Lot Details

  • 0.27 Acre Lot
  • Private Entrance

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • On-Street Parking

Outdoor Features

  • Cove

Utilities

  • Evaporated cooling system
  • Mini Split Heat Pump
  • Water Softener is Owned

Listing and Financial Details

  • The owner pays for water/sewer, real estate taxes, insurance

Community Details

Overview

  • 2 Units
  • 2,244 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,249

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Basement Substructure: Full Basement, Unfinished, Poured Concrete Found.
  • Personal Property: Dishwasher, Garbage Disposal, Refrigerator, Electric Range Oven, Microwave, Range Hood, Washer, Dryer, Water Softener Owned, Window Coverings (Some)
  • Safety Features: Smoke Detectors
  • Style: Side/Side
  • Systems: Breaker
  • Year Built: 1929
  • Estimated Building Sq Ft: 2244
  • Includes: Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Roof: Composition
  • Siding: Stucco

Garage/Parking

  • Parking: Street Parking, Carport, Garage

Utilities

  • Cooling: Window Evap., MiniSplit
  • Heating: Electric, Cove, MiniSplit

Schools

  • School District: Hot Springs
  • School District: Hot Springs

Lot Info

  • Lot Size: 78.5 x 150
  • Number Of Acres: 0.27

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer, Real Estate Taxes, Insurance
  • Type of Tenancy: Month to Month

Tax Info

  • RE Taxes: 5248.84
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $389,000 -1.3% --
05/29/2025 05/29/25 Price Changed $394,000 -1.3% --
03/20/2025 03/20/25 For Sale $399,000 +33.0% --
03/31/2022 03/31/22 Sold $300,000 -7.7% $134 / Sq Ft
02/08/2022 02/08/22 For Sale $325,000 -- $145 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 83562

Mount Rushmore Area Association of REALTORS®