Rare Investment Opportunity "KOPPER KEY APARTMENTS" in Historic Deadwood: This exceptional 20-unit apartment complex on Rodeo Street, nestled in the heart of Deadwood's historic allure, is a golden opportunity for savvy investors. Offering a mirrored layout of 1-bedroom, 1-bathroom units, including one ADA-compliant unit, this property combines accessibility with appeal. The amenities, including zero-entry access and individual locked storage closets in the common area, enhance tenant satisfaction. Additionally, each building within the complex features its own coin-operated laundry facilities, providing added convenience for residents and an additional income stream for property owners. Recent unit renovations and fresh exterior paint (as of September 2023) add to the property's appeal. With current rents ensuring a strong cash flow, coupled with a consistent historical 100% occupancy rate (The only time there are vacancies are when there are units being updated) and a usual waitlist due to its prime Deadwood location, This investment now boasts increased security along with a recent rent hike to $995.00 for all renters or tenants, capitalizing on its high demand and previously below-market rental prices, thereby enhancing your return on investment.". Don't miss out on this remarkable investment in the perfect Deadwood location! . Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095
Property Details
Property Features
Property Information:
Architectural Style: 1 Story
Year Built: 1974
Living Area: 12,160 SqFt
Listing Office:
Office Name: Real Broker Spearfish
Office Phone: (855) 450-0442
Lot Features
Lot Information:
Lot Size: 1.01 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: Evaporative Cooling
School Info
Assigned Schools Information:
Lead-Deadwood High School - 01, Public District Grades 9-12
Lead-Deadwood Middle School - 02, Public District Grades 6-8
Lead-Deadwood Elementary - 03, Public District Grades KG-5
Other
Directions Information:
Directions: Traveling north in US-14A in Deadwood, turn right onto Dunlop Ave., Then stay on the left in Dunlop Ave. The units will be on the corner of Dunlop Ave. & Rodeo Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $2,599,000
Price Per SqFt: $214/SqFt
Tax Information:
Annual Amount: $4,955
Tax Year: 2019
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MLS Details
MLS Information:
MLS Number: #77949
Listing Office:
Office Name: Real Broker Spearfish
Office Phone: (855) 450-0442
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2019
$4,955
$253,120
2018
$5,069
$253,120
2017
$5,031
$253,120
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Lead-Deadwood Elementary - 03
716 Main St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
Middle School
6
/10
Lead-Deadwood Middle School - 02
234 S Main St
Distance between this listing and this school3.68 miles
Public District Grades 6-8
High School
4
/10
Lead-Deadwood High School - 01
320 S Main St
Distance between this listing and this school3.77 miles
Public District Grades 9-12
Assigned Schools
4
/10
Lead-Deadwood Elementary - 03
716 Main St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
Nearby Schools
8
/10
Whitewood Elementary - 04
603 Garfield St
Distance between this listing and this school6.93 miles
Public District Grades KG-6
6
/10
Sturgis Elementary - 03
1121 Ballpark Rd
Distance between this listing and this school10.40 miles
Public District Grades PK-5
Assigned Schools
6
/10
Lead-Deadwood Middle School - 02
234 S Main St
Distance between this listing and this school3.68 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sturgis Williams Middle School - 02
1425 Cedar St
Distance between this listing and this school10.35 miles
Public District Grades 6-8
6
/10
Spearfish Middle School - 05
1600 N Canyon St
Distance between this listing and this school10.71 miles
Public District Grades 6-8
Assigned Schools
4
/10
Lead-Deadwood High School - 01
320 S Main St
Distance between this listing and this school3.77 miles
Public District Grades 9-12
Nearby Schools
7
/10
Spearfish High School - 01
1725 N Main St
Distance between this listing and this school10.71 miles
Public District Grades 9-12
6
/10
Sturgis Brown High School - 01
12930 East Hwy 34
Distance between this listing and this school12.77 miles
The neighbors living near this home have an average income of $44,848. The most common annual income of people living in Lawrence County, SD is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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This home is located at 7 Rodeo St in Deadwood, SD and zip code 57732. This 12,160 square foot home, which was built in 1974, sits on a 1.01 acre lot. It has been listed on Rocket Homes since October 02, 2023 and is currently priced at $2,599,000.
Lawrence County, SD housing market in March 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. The number of listings in Lawrence County, SD increased by 26.8% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.
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