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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

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    $5,439/mo

    Est. payment

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    $5,439/mo

    Est. payment

    What's special

    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.

    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#: 83212MLS Logo

    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