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Hot Springs, SD 57747 438 S 14th Street

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Presented By: Lewis Realty
  • MLS# 90237
  • 09/03/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 4
  • SQFT • 5,160
  • Garage • 1

Home Details

CHARMING 4-PLEX in EXCELLENT LOCATION across from BUTLER PARK in the great town of Hot Springs. 100% occupancy for forever, with 3 units having same tenants 8 years or longer. Apartment 1 is currently available, and owner is keeping it open for a month or two to sell the fourplex in case the new owner wants to live on site. Good income opportunity by either renting out all 4 units for optimal profit or live in one yourself and bring in some income from the remaining 3. All units have the same floor plan with spacious kitchen, dining, and living room up, and 2 large bedrooms and 1 bath in the garden level basement. Apartment #4 features a bonus sun room area up and extra generous bedroom down. Each unit hosts its own laundry hook-ups. Units #1-3 each have access to 1 garage stall each, while Unit #4 gets 2 garage stalls. New roof, newer aluminum siding, low-maintenance Trex decking, and underground sprinkler system. Some new appliances and paint. Rents are currently below market, as the tenants have been there so long, and #1 would be rented for $1,100. Renters pay their own electric, and 3 are still on separate water meters. Across from Butler Park, very near the library, and all the small town amenities of this charming Southern Black Hills town! Come take a look! 🙂
Presented By: Lewis Realty

Interior Features for 438 S 14th Street

Bedrooms

Unit 1 Bedrooms2
Unit 3 Bedrooms2
Unit 2 Bedrooms2
Unit 4 Bedrooms2

Other Interior Features

# of Units4
BasementFull Basement, Completely Finished

General for 438 S 14th Street

Agent First NameFaith
Agent Last NameLewis
AreaHot Springs
Auction Y/NNo
CityHot Springs
ClassMULTI-FAMILY
ConstructionFrame
CoolingRefrig. Wall Unit
CovenantsNo
DirectionsTake University to 16th St. Take a left on 16th St to Canton Ave and continue for a couple blocks. Right onto 14th St., watch for sign. Straight across from Butler Park!!
HeatingElectric, Baseboard
Listing Agent1045
MiscellaneousSeparate Meters, Individual Water Heaters, Individual Heat & Air, Electric
ParkingPaved, Street Parking, Garage
Pets Allowed (Y/N)No
RoofComposition
Sale/RentFor Sale
School DistrictHot Springs
Short SaleNo
StatusActive
StatusACTIVE
Status Detail0
StyleSide/Side
SubdivisionFargo-Prentice
SystemsBreaker
TermsCash, New Loan
TypeFourplex
Virtual TourClick here
Year Built1984

Exterior for 438 S 14th Street

ExteriorPaved Street
Lot Size Area0.3
SidingMetal Siding

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $499,000
MLS#90237
List Date 09/03/2026
Property Type Multi-Family
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