$851,500
 $4,571 est/mo Sourced by Back At You

731 & 735 N Ames Street,Spearfish, SD 57783

Spearfish, SD 57783

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Description

A truly rare opportunity to own two beautifully renovated, side-by-side properties in one of Spearfish's most desirable and walkable locations. Situated on to adjoining 0.16-acre lots zoned for both residential and commercial use, this unique property package offers exceptional flexibility for homeowners, investors and future development alike. Both homes are located along a charming creek that flows through the front yards, creating a peaceful, nature-filled setting that is seldom found so close to downtown. Enjoy the convenience of being within walking distance to historic downtown Spearfish, Black Hills State University, local shops, restaurants, and community amenities. The portfolio includes: 731 N Ames St- A fully renovated 2-bedroom, 1-bath single-family home offering 720 square feet of comfortable living space. 735 N Ames St- A fully renovated duplex with 2-bedroom, 1-bath units and full kitchens, totaling 1,102 square feet, plus a detached one-car garage with two additional storage units. both properties have proven history of success as long-term rentals and highly rated Airbnbs, making this an exceptional opportunity for income-producing ownership from day one. Whether you are seeking a strategic investment, a live-in-and-rent opportunity, or a rare side-by-side assemblage in a high-end corridor, this portfolio offers location, versatility, and long-term upside that is increasingly difficult to find in Spearfish.

Details

MLS #87192
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site257
Listing Provided ByeXp Realty | Jaden Harper

Features

Units3

Area Information

StateSD
CountyLawrence
CitySpearfish
Zip Code57783
AreaSpearfish
SubareaSpearfish
Community NameSchar
School DistrictSpearfish
Listing VS Median (in Schar)
Price:
$851,500
low | high
Med:
$671,750
71.10980622431% of Average
On site:
257
low | high
Med:
305.5
84.124386252046% of Average
Sourced by Back At You

Market Activity 57783

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Learn More About This Property

StateSD
CountyLawrence
CitySpearfish
Zip Code57783
AreaSpearfish
SubareaSpearfish
Community NameSchar
School DistrictSpearfish
Listing VS Median (in Schar)
Price:
$851,500
low | high
Med:
$671,750
71.10980622431% of Average
On site:
257
low | high
Med:
305.5
84.124386252046% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $638K - $1.64M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
747 Ames Avenue Property Photo 1
$998,500
747 Ames Avenue
Spearfish, SD 57783
Listing Updated: September 28, 2026 at 4:06:11 PM PDT