Well-maintained 4-plex featuring four separate units, each with its own private entrance. This income-producing property offers strong rental potential with numerous recent upgrades. The exterior features new stucco, and three of the four units have been completely remodeled. All units are equipped with central air conditioning and energy-efficient on-demand hot water heaters, providing added comfort and convenience for tenants. A great opportunity to add a turnkey multifamily property to your investment portfolio.
Property Details
Price:
$980,000
MLS #:
89018
Status:
Active
Baths:
0
Type:
Multi Family
Neighborhood:
lead
Listed Date:
Jun 9, 2026
Finished Sq Ft:
5,176
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1934
See this Listing
Schools
Interior
BASEMENT/SUBSTRUCT
Poured Concrete Found.
COOLING
Refrig. C/Air
HEATING
Natural Gas, Forced Air
Exterior
CONSTRUCTION
Frame
PARKING
Street Parking
ROOF
Composition
SIDING
Stucco
Financial
Unit 1 Rent
$1750
Unit 2 Rent
$2500
Unit 3 Rent
$2000
Unit 4 Rent
$2500
Map
Community
- Address611 Railroad Avenue Lead SD
- NeighborhoodLead
- CityLead
- Zip Code57754
Subdivisions in Lead
- Auburn Acres
- Aventure Estates
- Bellefish #1
- Bender
- Black Forest Ranchettes
- Bulldog Ranch Subdivision
- Country Club Lead
- Dancing Sky Addition
- Deadbroke
- Deer Mountain
- Deer Mountain Village
- Denver
- Gilded Mountain
- Hearst Addition
- Lost Camp Valley
- Lost Meadows
- MAYS Subdivision
- Morningside Subdivision
- Old Toboggan Hills
- Original Town
- Paradise Acres
- Paradise Acres 2
- Paradise Acres 4
- Powder House Pass
- Rimrock Canyon Subdivsion
- Rosetta
- Spearfish Canyon Lots
- Sugarloaf Village
- Sunnyside
- Thunder Ridge
- Trailside Addition
- Wilderness Estates
- Yellow Creek
Market Summary
Current real estate data for Multi Family in Lead as of Aug 13, 2026
6
Multi Family Listed
72
Avg DOM
132
Avg $ / SqFt
$417,317
Avg List Price
Property Summary
- 611 Railroad Avenue Lead SD is a Multi Family for sale in Lead, SD, 57754. It is listed for $980,000 To schedule a showing of MLS#89018 at 611 Railroad Avenue in Lead, SD, contact your Dakota Home and Ranch Real Estate agent at 605.645.8983.
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Courtesy of Blair Allen Luxury Real Estate LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.
611 Railroad Avenue
Lead, SD