For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Incredible opportunity to own an investment property on 1.62 acres just off Exit 8 with endless options for expansion of the space. This versatile property includes a barn that is mostly finished and is currently being leased as an office & storage space. Plus, an updated duplex rental home (each unit offering 2 bedrooms and 1 bathroom), and ample land for future expansion of units, storing equipment or building additional structures if desired.
For sale
$900,000
3225 Old Belle Rd, Spearfish, SD 57783
4beds
--baths
3,950sqft
Est.:
Duplex
Built in 1967
-- sqft lot
$834,800 Zestimate®
$228/sqft
$-- HOA
What's special
- 128 days |
- 161 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 30, 2025 at 01:35pm
Listed by:
Scot Munro,
Great Peaks Realty,
Heath Gran,
Great Peaks Realty
Source: Mount Rushmore Area AOR,MLS#: 86080
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Electric, Baseboard, Heat Pump
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Electric Range Oven, Microwave, Range Hood, Washer, Dryer
Features
- Basement: Full
Interior area
- Total structure area: 3,950
- Total interior livable area: 3,950 sqft
Property
Parking
- Parking features: Off Site, Common, RV Access/Parking
Features
- Entry location: Private Entrance
Lot
- Size: 1.62 Acres
- Features: Landscaped
Details
- Additional structures: Outbuilding, Barn(s)
- Parcel number: 245000070232215
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Brick, Other, Masonite Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1967
Utilities & green energy
- Electric: Breaker
Community & HOA
Community
- Security: Smoke Detector(s), Radon Mitigation Services
Location
- Region: Spearfish
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $339,270
- Annual tax amount: $4,062
- Date on market: 9/16/2025
- Listing terms: Cash,New Loan
- Lease term: 12 Months,Negotiable
- Total actual rent: 4300
- Tenant pays: Rent Only
Estimated market value
$834,800
$793,000 - $877,000
$1,646/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $900,000+59.3%$228/sqft |
Source:  Mount Rushmore Area AOR #86080 Report a problem | ||
| 3/22/2022 | Sold | $565,000-5.8%$143/sqft |
Source: Mount Rushmore Area AOR #70697 Report a problem | ||
| 1/24/2022 | Contingent | $599,900$152/sqft |
Source: Mount Rushmore Area AOR #70697 Report a problem | ||
| 1/18/2022 | Listed for sale | $599,900$152/sqft |
Source: Mount Rushmore Area AOR #70697 Report a problem | ||
| 1/14/2022 | Contingent | $599,900$152/sqft |
Source: Mount Rushmore Area AOR #70697 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,062 +37.6% | $339,270 +12% |
| 2023 | $2,952 +13.8% | $302,870 +49.3% |
| 2022 | $2,593 +0.9% | $202,830 +24.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,450/mo
Principal & interest
$3490
Property taxes
$645
Home insurance
$315
Climate risks
Neighborhood: 57783
Nearby schools
GreatSchools rating
- 8/10Creekside Elementary - 07Grades: 3-5Distance: 1.6 mi
- 6/10Spearfish Middle School - 05Grades: 6-8Distance: 1.9 mi
- 5/10Spearfish High School - 01Grades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Spearfish
Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
