For sale

Price cut: $500 (10/13)

$846,500

3225 Old Belle Rd, Spearfish, SD 57783

--beds

--baths

--sqft

$5,664/mo

Get pre-qualified

Duplex

Built in ----

-- sqft lot

$801,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Ample land

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.

12 days
23
0

Facts & features

Interior

Heating

Electric, Heat Pump, Baseboard

Cooling

Wall Unit(s)

Features

Hookups, Kit/DR Combo
Basement: Walk-Out Access

Property

Parking

Parking features: See Remarks

Features

Entry location: More Than One/Unit
Patio & porch: Patio
Exterior features: Private Entrance
Has view: Yes
View description: City, Trees/Woods

Lot

Size: 1.62 Acres
Features: Level

Details

Parcel number: 245000070232215
Zoning description: Unknown

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Foundation: Block
Roof: Composition

Utilities & green energy

Sewer: City (at site)
Water: Other (See Remarks), Well

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

Location

Region: Spearfish

Financial & listing details

Tax assessed value: $394,250
Annual tax amount: $4,444
Date on market: 10/5/2026
Lease term: 12 Months,Negotiable

Estimated market value

$801,000

$761,000 - $841,000

$2,019/mo

Price history

Date	Event	Price
10/13/2026	Price change	$846,500-0.1%
Source: Black Hills AOR #86080 Report a problem
10/5/2026	Price change	$847,000-0.1%
Source: Black Hills AOR #86080 Report a problem
9/29/2026	Price change	$847,500-0.1%
Source: Mount Rushmore Area AOR #86080 Report a problem
9/21/2026	Price change	$848,000-0.1%
Source: Mount Rushmore Area AOR #86080 Report a problem
9/14/2026	Price change	$848,500-0.1%
Source: Mount Rushmore Area AOR #86080 Report a problem
7/29/2026	Listed for sale	$849,000-5.7%
Source: Mount Rushmore Area AOR #86080 Report a problem
9/16/2025	Listed for sale	$900,000+50%
Source: Mount Rushmore Area AOR #86080 Report a problem
3/23/2022	Listing removed	--
Source: RE/MAX International Report a problem
1/24/2022	Contingent	$599,900
Source: Mount Rushmore Area AOR #70697 Report a problem
1/18/2022	Listed for sale	$599,900
Source: Mount Rushmore Area AOR #70697 Report a problem
1/14/2022	Contingent	$599,900
Source: Mount Rushmore Area AOR #70697 Report a problem
1/5/2022	Price change	$599,900-7.7%
Source: Mount Rushmore Area AOR #70697 Report a problem
10/1/2021	Price change	$649,900-5.7%
Source: Mount Rushmore Area AOR #67623 Report a problem
8/6/2021	Price change	$689,500-1.5%
Source: RE/MAX International #67623 Report a problem
7/16/2021	Listed for sale	$699,900
Source: RE/MAX International #67623 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$4,444 +6.3%	$394,250 +2.3%
2025	$4,182 +2.9%	$385,380 +13.6%
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%
2021	$2,571	$162,905 -4.6%
2020	$2,571 -1.6%	$170,760
2019	$2,612	$170,760 +0.7%
2018	$2,612 +4.8%	$169,500 +3.4%
2017	$2,492 0%	$163,980
2016	$2,493 -1.6%	$163,980 +0.7%
2015	$2,534 -7.7%	$162,800 +2.7%
2014	$2,747 +0.9%	$158,570 +1.9%
2013	$2,722	$155,590