Listing provided courtesy of CENTURY 21 CLEARVIEW REALTY- MLS# 178423MLS Provider

505 S 5TH STHot Springs, SD 57747

Single Family · 912 Sq. ft. | 0.34 Acres
$399,000 ACTIVE

505 S 5TH ST Overview

Time on Site:
78 days
Visits:
2

INVESTORS! TWO homes for a good price! Live in one and rent one or rent both! A truly unique and meticulously renovated property offering both a charming primary home and a separate income-producing guest house on a single .17-acre lot. The main residence is a delightful 2-bedroom, 1-bath home with 912 square feet of cozy, turnkey living space. Every inch has been updated, resulting in a very clean, cute, and cozy atmosphere—perfect for first-time buyers, downsizers, or investors. Step inside to discover a bright, open layout with modern finishes, a stylish kitchen, and big picture windows, for natural lighting. Outside, the detached guest home/rental is a standout feature: a fully renovated 1-bedroom, 2-bath unit with 672 square feet of efficient, comfortable space. Accessed via a convenient alley entrance, this guest house includes a rare 2-car carport, making it ideal for long-term tenants, vacation rental income, or multi-generational living. Both homes have been thoughtfully renovated with flooring, fixtures, and appliances—just unpack and enjoy. Whether you're looking to offset your mortgage with rental income or host family in total privacy, this property delivers. The lot is easy to maintain yet offers room for gardening or outdoor relaxation. Don't miss this opportunity to own a versatile, income-producing gem in a desirable location. Schedule your private tour today

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

505 S 5TH ST Facts & Features

  • Type Single Family
  • Sq. ft. 912
  • Price/Sq.ft. $438
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee Includes: None

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Fall River
  • MLS Area Major: Southern Hills
  • Subdivision Name: No Subdivision

General Information

  • Inclusions: Range/Oven-Electric-FS,Refrigerator,Window Coverings-All
  • Property Sub Type: Single Family
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: None

Beds/Baths

  • Bathrooms Full: One
  • Bathrooms Half: None
  • Bedrooms Total: Two

General Information

  • Basement: Yes
  • Cooling: Heat Pump Mini-Split
  • Electric: Breaker
  • Fireplace Features: None
  • Fireplaces Total: None
  • Flooring: Carpet,Laminate
  • Foundation Details: Full Basement,Poured Concrete,Slab
  • Heating: Forced Air,Propane
  • Interior Features: Ceiling Fan,Microwave Oven,Range/Oven Electric BI,Smoke Alarm
  • Living Area: 912

Exterior

Lot Information

  • Lot Size Acres: 0.34
  • Topography: Interior

Waterfront/View

  • View: Hills,Neighborhood,Trees

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Other (See Remarks)
  • Roof: Composition

General Information

  • Fencing: None
  • Other Structures: Shed
  • Utilities: BHE-Electric,Cable Available,City Sewer,City Water,Propane-Gas

505 S 5TH ST Neighborhood

Community

57747 (Hot Springs) Demographics

56
Median Age
13
Population Density (per sq. mile)
31%
College Educated
$53,731
Estimated Median Income
2,039
Estimated Total Home Owners
654
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

505 S 5TH ST Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 S 5TH ST Market Data

Based on the last 30 days in this zip code

$510,958
Average List Price
$481
Average Price per Square Foot
8
Properties Sold
89
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

505 S 5TH ST History

Date Event Value Agent
6/16/2026Source: Mount Rushmore MLS Price Reduction
$399,000 -6.1%
6/16/2026Source: Black Hills MLS Price Reduction
$399,000 -6.1%
5/27/2026Source: Black Hills MLS Price Reduction
$424,900 -0.0%
5/27/2026Source: Mount Rushmore MLS Price Reduction
$424,900 -0.0%
4/13/2026Source: Mount Rushmore MLS Added to Database
April 13, 2026
4/13/2026Source: Black Hills MLS Added to Database
April 13, 2026