$5,522 Closing Credit¹
#172916, SCOT MUNRO, Listing Office: GREAT PEAKS REALTY MUNRO & GRAN
$430,000 List price
101 E Summit St Lead, SD 57754
$5,106
Closing credit¹
3,068 sqft
0.09 acres
$140 / sqft
Multi-Family
Property details
About 101 E Summit St
Prime Investment Opportunity! This fully updated fourplex is a high-performing income property with excellent cap rate and strong rental history. Recent renovations include new siding, shingles, gutters, and more—offering peace of mind and low-maintenance ownership. Ideally located on a corner lot with flat, concrete surroundings and ample street parking, it’s directly across from a lab, providing a steady source of tenants. The property features two spacious 2-bedroom units and two well-maintained 1-bedroom units, all with long-term tenants in place. Bonus perks include a shed for extra storage, a balcony, and small private yard spaces. Rarely vacant and consistently generating solid income, this is a fantastic addition to any portfolio! Listed by Jeffery Christians, Real Broker LLC, and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size3,068 sqft
Lot size0.09 Acres
Year built1901
MLS #84349
Summary
- Architectural Style: 2 Story
- Heating: Natural Gas, Forced Air
- List Price: $430,000
- Price/SqFt: $140
- Directions: Travelling East from CanAm Hwy in Lead, turn right onto Mill Street. And the fourplex will be at the corner of E Summit St. and S Mill St.
- Year Built: 1901
- Living Area: 3,068 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 84349
- 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 2025 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: 5/25/2025, 5:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$430,000
101 E Summit St
$5,106
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Lead-Deadwood Elementary - 03
Public District KG-5
2.3 mi
•716 Main St
8
Whitewood Elementary - 04
Public District PK-6
10.0 mi
•603 Garfield St
5
Creekside Elementary - 07
Public District 3-5
12.1 mi
•2325 North Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,586. Most Lead, SD residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
35%
<35k
61%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
13%
Single, with Kids
29%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Hunting
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Dodge
Ram
Chevrolet
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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This home is located at 101 E Summit St in Lead, SD and zip code 57754. This 3,068 square foot home, which was built in 1901, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $430,000.
In April 2025, from all listings sold in Lead, SD there were more than 1 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Lead, SD between March and April 2025 increased by 12.3%.
From Rocket Homes Real Estate and based on county public records data.