Skip To Content

603 Jensen Highway

Hot Springs, SD 57747
  • $550,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 88935
UPDATED: 39 min ago
$550,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
Area:

School Ratings & Info

School District:

Description

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.

Monthly Payment Calculator



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-06-18T13:45:30.467.
www.willdixonrealestate.com/homes/177140842
Print Image

603 Jensen Highway Hot Springs, SD 57747

  • Price: $550,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 39 min ago
  • MLS #: 88935
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1963
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
School District:
Hot Springs
Property Description
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.
Exterior Features

Construction Frame Exterior Features Paved Street Parking PavedAssigned Roof Metal Siding Wood Siding Style Side/Side

Interior Features

Approx Building Sq Ft 2016 Basement Substructure Crawl Space Cooling Refrig. Wall Unit Entrance Private Entrance Heating Electric Number Of Units 8

Property Features

Auction YN No Documents On File EasementsProperty DisclosureSurvey For Sale Or Rent For Sale Includes All UnitsRefrigeratorMicrowave Miscellaneous Master MetersCentral Water HeaterIndividual Heat & Air Modular YN No Multi Family Property Type Other Owner Pays Gas/ElectricInsuranceReal Estate TaxesWater/Sewer Personal Property RefrigeratorMicrowaveWindow Coverings (Some) Pets Allowed YN No Safety Features Smoke Detectors Short Sale No Subdivision YN No Tenant Pays Rent Only Terms CashNew Loan Type Of Tenancy Month to Month

[Mount Rushmore Area Association of Realtors] logoListing information © 2026 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christine Heidebrink of Black Hills Best Realty: 605-685-4060.



© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Will Dixon Real Estate at Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Will Dixon Real Estate at Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-06-18T13:45:30.467.
 
https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_88935-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_88935-2.jpg https://bt-photos.global.ssl.fastly.net/mtrushmore/1280_boomver_1_88935-2.jpg
Logo
Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702