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For sale
  • $2,000,000

    200 Montana Ave #776F18CCB, Lead, SD 57754

    --beds
    --baths
    15,727sqft
    : 
    Multi Family
    Built in 2002
    -- sqft lot
    $1,830,300 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Sprinkler maintained lawnFlat private parking lotAssigned covered parking spacesOutdoor seating areasWalkway around the building
    Listed by Jeremy Kahler, KWBH, 605-381-7500. Great opportunity to add to your investment portfolio- 23 unit apartment complex in Lead, SD with consistent rental history and great potential to expand! *Based on projections and current rent amounts, occupancy to be about 96% *Property is all on one level, with zero-entry access for easy accessibility, and complies with most ADA requirements *This one building facility has 14 studio apartments, 6- 1 bed/1 bath units and 3- 2 bed/1 bath units *Each apartment has a kitchen/kitchenette space, bathroom with walk in shower and separate heating/cooling units *On-site coin operated laundry room *Safety features include: secured entry, video surveillance and an internal sprinkler system *Common spaces include: rest rooms, communal seating areas (inside and out), rec rooms and storage areas *Front office space for onsite management *Manicured exterior with sprinkler maintained lawn and landscaping, outdoor seating areas and a walkway around the building *Flat private parking lot (1 space/unit) plus 6 assigned covered parking spaces *Great potential to expand- property has multiple storage spaces, public restrooms, a commercial kitchen, set up for an in-house barber shop, and space for potential unit expansion. Centrally located behind Lynns Dakota Mart grocery store.
    19 days
    on Zillow
    |
    346
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2025 at 12:51pm

    Listed by:

    Jeremy Kahler,

    Keller Williams Realty Black Hills SP

    Source: Mount Rushmore Area AOR,MLS#: 83794MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 200 Montana Ave #776F18CCB.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Electric, Cove
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Refrigerator, Electric Range Oven
    Interior area
    • Total interior livable area: 15,727 sqft

    Property

    Parking
    • Parking features: Common, Covered, Paved
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Community Entrance
    Details
    • Additional structures: Outbuilding

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Year built: 2002

    Utilities & green energy

    • Electric: Breaker

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s), Fire Sprinkler System
    Location
    • Region: Lead

    Financial & listing details

    • Price per square foot: $127/sqft
    • Date on market: 4/7/2025
    • Listing terms: Cash,New Loan
    • Tenant pays: Rent Only
    • Road surface type: Paved
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