$549,900

438 S 14th St Hot Springs, SD 57747

Estimated payment $3,605/month

Total Views 154
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Baseboard Heating
  • Private Entrance
  • 1-minute walk to Butler Park
  • Refrigerated and Evaporative Cooling System

About This Home

Excellent investment opportunity! This well-maintained 4-plex features four spacious 2-bedroom, 1-bath units—one offering a bonus sunroom for added living space. Ideally situated across from Butler Park and within walking distance to the public library, the location provides everyday convenience and easy access to local amenities. Each unit includes laundry hookups and is separately metered. A brand-new roof has just been installed, and the property also includes low-maintenance decking and a sprinkler system for easy exterior upkeep. With five garage stalls offering ample parking or storage, this property is perfect for investors seeking strong rental income, a multi-generational living option, or the chance to occupy one unit while leasing the others. Versatile and well-located, it’s a smart choice in a prime location.

Listing Agent

Christine Heidebrink

Black Hills Best Realty License #15557 Listed on: 09/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,579

Year Built

  • Built in 1984

Home Design

  • Quadruplex
  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Metal Siding

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Baseboard Heating

Additional Features

  • Electric Oven or Range
  • Private Entrance

Listing and Financial Details

  • The owner pays for insurance, real estate taxes

Community Details

Overview

  • 4 Units
  • 5,160 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,579

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Full Basement, Completely Finished
  • Personal Property: Refrigerator, Electric Range Oven, Window Coverings (Some)
  • Safety Features: Smoke Detectors
  • Style: Side/Side
  • Systems: Breaker
  • Year Built: 1984
  • Estimated Building Sq Ft: 5160
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: More than 1/Apartment, Private Entrance

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: Metal Siding

Garage/Parking

  • Parking: Garage, Paved, Street Parking

Utilities

  • Cooling: Refrig. Wall Unit
  • Heating: Electric, Baseboard

Schools

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

Lot Info

  • Lot Size: 100x132

Rental Info

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

Tax Info

  • RE Taxes: 7579.22
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 4

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,579 $517,410 $72,240 $445,170
2024 $7,653 $455,690 $65,883 $389,807
2023 $6,809 $439,337 $46,538 $392,799
2022 $5,206 $389,530 $26,880 $362,650
2021 $498 $265,470 $26,880 $238,590
2020 $5,023 $249,870 $25,280 $224,590
2019 $4,787 $249,870 $25,280 $224,590
2018 $4,659 $229,440 $25,280 $204,160
2017 $6,058 $218,370 $25,280 $193,090
2016 -- $275,660 $11,720 $263,940
2015 -- $275,660 $11,720 $263,940
2011 -- $275,660 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $549,900 -- --
Source: Mount Rushmore Area Association of REALTORS®

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Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 85911

Mount Rushmore Area Association of REALTORS®

APN: 75290-00600-005-00

South Dakota Fall River County Hot Springs 57747

438 S 14th St, Hot Springs, SD

This home is located at 438 S 14th St, Hot Springs, SD 57747 and is currently priced at $549,900. This property was built in 1984. 438 S 14th St is a home located in Fall River County with nearby schools including Hot Springs Elementary School, Hot Springs Middle School, and Hot Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mount Rushmore Area Association of REALTORS® IDX information is provided exclusively for 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 not guaranteed.

Nearby Homes
Christine Heidebrink
Listing Agent
Christine Heidebrink
Section Image
Black Hills Best Realty
(605) 685-4060