Call or Text Listing Agent Kade Welfl-605 210 0010. This 13-unit apartment complex is composed of 9-2 Bed, 1 Bath and 4-1 Bed, 1 Bath Units. The grounds have been meticulously cared for and the property is situated in a pristine location. Recent updates include a new roof and underlayment, new siding, decks, and windows in 2019 as well as exterior masonry around the entire building. The building is heated with a central natural gas hot water boiler system that is paid for by the owner and each unit has individual electric meters. There is a shared laundry-room on site as well as individual storage units for the tenants. Since being built, the property has met and exceeded all HUD and Rural Development inspection standards and has been very well cared for. At approximately $100/square foot and $100,000/door, a better more affordable property will not be found in the Black Hills.
Sold for $1,100,000 on 10/01/25
$1,100,000
300 Aspen Dr, Lead, SD 57754
--beds
--baths
12,328sqft
Multi Family
Built in 1974
-- sqft lot
$1,100,000 Zestimate®
$89/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 01, 2025 at 09:48am
Listed by:
Kade J Welfl,
The Real Estate Center of Spearfish
Bought with:
Kade J Welfl
The Real Estate Center of Spearfish
Source: Mount Rushmore Area AOR,MLS#: 83212

Facts & features
Interior
Heating
- Hot Water
Cooling
- Wall Evap.
Appliances
- Included: Refrigerator, Electric Range Oven
Interior area
- Total structure area: 12,328
- Total interior livable area: 12,328 sqft
Property
Parking
- Parking features: Paved
Features
- Entry location: Community Entrance,More than 1/Apartment
Lot
- Size: 0.75 Acres
- Features: Landscaped
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Block, LT Smartside
- Roof: Rubber
Condition
- Year built: 1974
Utilities & green energy
- Electric: Breaker, 220 Volts
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Alarm
Location
- Region: Lead
- Subdivision: Bender
Other
Other facts
- Listing terms: Cash,New Loan
- Road surface type: Paved