Address
209 Terraville Avenue, Lead, SD
Price
$ 264,900
Property Attributes
  • MLS#89718
  • TypeSingle Family
  • Listing Status Active
  • CountyLAWRENCE
  • CityLead
  • AreaLead
  • NeighborhoodMoulton Terrace
  • Zip57754
  • StyleThree Level
  • Year Built1939
  • Price$ 264,900
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.12 Acres
Data Source:
Black Hills MLS (BHMLS)
Property Description

Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building potential. Previously producing solid rental income, this property is ideal for investors looking to expand a rental portfolio, renovate for increased returns, or create a custom income-producing asset.The upper apartment features 2 bedrooms, 1 bath, a spacious living room filled with natural light, and beautiful original wood trim and doors. The street-level apartment offers 2 bedrooms, 1 bath, convenient on-street parking, and a charming fenced patio with mature trees. The lower level has been demoed and is ready for your vision, with space for 3 bedrooms. The rear of the property offers ample off-street parking with legal access and room for a future carport or garage (buyer to verify). Flexible floor plan also allows the potential to convert back to a spacious single-family home. Conveniently located near downtown Lead, schools, shopping, dining, and year-round Black Hills recreation. Bring your vision and restore this classic 1939 property into a high-performing investment. Opportunities like this don't come along often! Listed by Christina Singer, Keller Williams Realty Black Hills | 605-920-1518

Price History
8/20/2026 Listed $264,900

General Features

Heating Natural Gas
Roof Metal
Fireplaces Fireplace
Garage None
Half Baths None
Bathrooms Three
Year Built 1939
Subdivision Moulton Terrace
Style Three Level
View Trees
County Lawrence
Type Single Family
Status ACTIVE
Subdivision SD
Auction Y/N No
Docs on File Property Disclosure
Covenants No
Primary City Lead
City Lead
School District Lead/Deadwood
Originating MLS Black Hills AOR
NEW CONSTRUCTION To Be Built
Terms Cash,New Loan
Postal Code 57754
Public Remarks Singer Team Realty's Investor Alert! Rare value-add triplex in the heart of historic Lead with approximately 3,456 sq. ft. (1,152 sq. ft. per level) offering outstanding cash-flow and equity-building
Unit PRICE REDUCTION OF 25K!!

Interior Features

Basement Yes
Number of Fireplaces Two
Flooring Carpet,Hardwood,Sheet Vinyl
Beds Seven or More

Exterior Features

Exterior Concrete Block,Frame
Foundation Crawl Space,Concrete Block,Poured Concrete,Unfinished,Partial Basement
Lot Size Area 0.12
Lot Dimensions .12
Lot Type Wooded Lot
Garage Type None
FENCES Privacy,Partial

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 57754

Price
AVG $770K
$260K
Year Built
AVG 1985
1939

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