




2,016 sqft
$550,000
603 Jensen Highway, Hot Springs SD, 57747
Price per sqft$272.82
Built in1963
Property size2,016 sqft
Property typeCommercial
Overview
Active
Listed Jun 1, 2026
Updated Jun 12
Exceptional income-producing investment opportunity in the heart of Hot Springs! This multifamily property features eight furnished efficiency apartment units designed for convenience, comfort, and low-maintenance ownership. Each unit includes a kitchenette with updated hickory cabinetry and countertops, countertop stove, microwave, refrigerator, and furnishings including a bed, TV, and desk or dresser, making them move-in ready for tenants. Ideally situated next to a grocery store and within walking distance of restaurants, entertainment, banking, and the scenic Fall River walking path, this property offers a highly desirable location that attracts long-term and short-term renters alike. The combination of furnished units, practical amenities, and a central location provides strong rental appeal and consistent income potential. Whether you're looking to expand your portfolio or acquire a turnkey investment property, this well-positioned multifamily offering presents an outstanding opportunity in a growing Black Hills community.
Other Property Details
- Furnished
- Yes
Courtesy of Black Hills Best Realty
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