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$540,000

603 JENSEN HWY, Hot Springs SD, 57747

Property typeMulti-family

Overview

Active

Listed Jun 1, 2026

Updated 3 days ago

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.

$3,593/mo

Est. mortgage payment based on a $540,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

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Listed by Christine Heidebrink with Black Hills Best Realty
Listing Contact:  

The IDX display contains information sourced from the Black Hills Association of REALTORS® as of 11/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Black Hills Association of REALTORS® all rights reserved.

Data last updated on 11/2/2026 at 4:02 AM UTC

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