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Sold for $340,000 on 07/18/25
  • $340,000

    101 E Summit St, Lead, SD 57754

    6beds
    --baths
    3,068sqft
    Quadruplex
    Built in 1901
    -- sqft lot
    $340,100 Zestimate®
    $111/sqft
    $1,616 Estimated rent

    What's special

    Prime Investment Opportunity! This fully updated fourplex is a high-performing income property with excellent cap rate and strong rental history. Recent renovations include new siding, shingles, gutters, and more—offering peace of mind and low-maintenance ownership. Ideally located on a corner lot with flat, concrete surroundings and ample street parking, it’s directly across from a lab, providing a steady source of tenants. The property features two spacious 2-bedroom units and two well-maintained 1-bedroom units, all with long-term tenants in place. Bonus perks include a shed for extra storage, a balcony, and small private yard spaces. Rarely vacant and consistently generating solid income, this is a fantastic addition to any portfolio! Listed by Jeffery Christians, Real Broker LLC, and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 10:47am

    Listed by:

    Jeffery R Christians,

    Real Broker Spearfish,

    Mathias Christians,

    Real Broker Spearfish

    Bought with:

    NON MEMBER

    NON-MEMBER OFFICE

    Source: Mount Rushmore Area AOR,MLS#: 84349MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Range Oven
    Interior area
    • Total structure area: 3,068
    • Total interior livable area: 3,068 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Private Entrance
    Lot
    • Size: 3,920 sqft
    Details
    • Additional structures: Shed(s)
    • Parcel number: 310900370008000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame, Masonite Siding
    • Roof: Composition
    Condition
    • Year built: 1901

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Lead

    HOA & financial

    Other financial information
    • Total actual rent: 4090

    Other

    Other facts
    • Listing terms: Cash,New Loan
    • Road surface type: Paved
    Services availability
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