Rapid City, SD Multifamily Homes & Duplexes for Sale

Great investment opportunity! Side by side duplex with a large lot. Updated roof, water heaters, furnance, sewer line, electric and plumbing.

STEPHANIE HOLDINGHAUSEN SELLING 605 REALTY LLC

ATTENTION INVESTORS: 165 units with 72 garage stalls. 11 Buildings with 15 apartments per unit. 4 sets of garages each with 18 spaces. Garage spaces rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that rent for $900 per month. 6- 1 bedroom 1 bath apartments at 774 sq ft that rent for $1100 per month. 6 -2 bedrooms, 2 bath at 1013 sq ft renting for $1400. Appliances

TJ Wojtanowicz BLACK HILLS REALTY

Welcome to 1227 South St! Do not miss this opportunity. Can be used as a single-family or a duplex. Located in the West Boulevard area and is move-in ready. The main level features 2 bedrooms, a full bathroom, a large kitchen, ample cabinets, appliances, a large living room, new carpet, and mini splits for heat and air! The lower level features a large laundry room, bedroom, full bathroom, large

TJ Wojtanowicz Black Hills SD Realty

Excellent income producing property! Side by side duplex currently rented at great rates. Both units have their own laundry hook ups. Excellent location close to schools and downtown. Plenty of off street parking. Keep both units rented or live in one side and rent the other out to help pay your mortgage! Call today for a private showing!

STEPHANIE HOLDINGHAUSEN SELLING 605 REALTY LLC

Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 6-unit complex (three duplexes) offers an excellent opportunity. Each unit features 2 bedrooms, 1 bathroom, a stove, refrigerator, window air conditioner, gas water heater, and forced air heating. Washer and dryer hookups are also included in every unit. Some units have been upgraded with LVT

Nicole Petrik Engel & Völkers

What a beautiful duplex and a great investment opportunity! This side by side duplex was completely renovated to a high standard in 2019 with appropriate mechanical, electrical and plumbing permits. All new Pella windows. All new interior and exterior doors. Kitchen layout redesigned to accommodate adding back doors. Back decks added to each unit. Overhead lighting added to each room. All new

Irina Lewis COLDWELL BANKER BLACK HILLS LEGACY

Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded

Nicole Petrik Engel & Völkers

Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 7.2% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom,

Madison Reeves Keller Williams Realty Black Hills SP

Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for

Ed Dreyer RE/MAX ADVANTAGE

Looking for an investment opportunity. This 4-unit complex with washer and dryer unit in each unit washer and dryers stay with the complex, and updated flooring is waiting for you. The parking area was recently sealed. All units have a wall AC unit. Each unit has it own water heater and heated by electric radiant heat. Two 2 bedroom units and two 3 bedroom units.

KIEF HANSEN THE REAL ESTATE GROUP, INC.

Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended

Shannon Brinker TRUE NORTH ASSET GROUP

This triplex presents a fantastic investment opportunity with strong income potential. Each unit has a separate electric meter, while water and natural gas are shared, with tenants reimbursing the owner for water, sewer, and trash costs as follows: Main Floor 50%, Lower Level 25%, Upper Level 25%. Main Floor Unit: 2 bedrooms, 1 bathroom, a living room, family room, and kitchen. Currently

RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

Great investment opportunity! Well maintained 8 plex (2 - 4 plex units) located in the beautiful Chapel Valley area. Each unit is 2 bedrooms, 1 bathroom, approx. 854 sq and some units have a small deck or patio space. All units are baseboard heating and some have wall mounted a/c units. Many updates include new windows in 2017 and 2018, UL4 asphalt shingle roof in 2021 and some new dishwashers

Ariel Rudland WEST RIVER REALTY, LLC

This fully occupied triplex is a fantastic addition to any portfolio! With varying unit sizes (1BR, 2BR, 3BR), remodeled interiors, and recent appraisal, this property is set up for strong rental income. Each unit features in-unit laundry, and tenants enjoy a large backyard with a chain-link fence and plenty of off-street parking. The 1,044 sq. ft. garage is currently rented, providing

Jeffery Christians REAL BROKER - SPEARFISH

Excellent investment opportunity in Rapid City! 30 unit apartment complex with a mix of 3 bedroom 1 bath units (12) and 2 bedroom 1 bath units ( 18). All units have washer and dryer hook-ups, fridge, stove/oven. Recent improvements include; Updated exteriors in 2019, new centralized boilers in each building (3) 2022, landscaping 2021, parking lot resurfaced in 2022, security system 2022. Located

Ed Dreyer RE/MAX ADVANTAGE

Charming east side home that can also be used as a duplex!! Brand new kitchen in the upstairs. Cabinets, counters, sinks. All new flooring. Upstairs has all new carpet paint, trim. Some landscaping and will be finishing a small retaining wall. Great rental potential! Lower level is currently rented. Tenant pays their own electric and gas. Water, sewer, and garbage is split between both units.

Daneen Jacquot SOUTH DAKOTA PROPERTIES

Well-maintained tri-plex close to downtown Rapid City, new roof and siding in 2020, new electrical meters to all three units and individual gas meters to all units, lots of off-street parking for the tenants, rents are under market and should be adjusted and a water fee should be applied landlord replaced some windows and decking in 2023 so maintenance expenses were higher than usual, Lots of

John Roberts The Real Estate Group Rapid City

Great cash flow rental! This up/down duplex is on a corner lot. Both units have spacious kitchens. There are divided storage units located at the back of the property. Upper unit is rented at $1,225 per month and lower unit at $1,125 per month. This is a great opportunity for an investor.

RONALD SASSO COLDWELL BANKER BLACK HILLS LEGACY

Looking for a unique opportunity to have an income-generating property? Welcome to Corbin Drive! This property features 3 homes with 4 rentable units all on 1.72 acres and 2 separate lots. There are multiple opportunities with this sale: live in one unit and rent the others, rent all 4 units or buy and sell off 3 units. Current leases need 60 days notice to vacate. The house features 2 units with

CIERRA VANDERPOL Black Hills SD Realty

CALLING ALL INVESTORS! Here's your opportunity to own this triplex located just minutes from the hospital and downtown Rapid City! All units are metered separately and feature 2 bedrooms/1bath, gas heat and central air. The top unit was remodeled a few years ago and has been used successfully for travel nurses. Bottom unit recently had new carpet installed. The building had central air

Megan Mahoney ASSIST 2 SELL/BUYERS & SELLERS REAL

Nice side by side duplex each unit has 2 bedrooms with laundry utility closet in both units. Both units have updated kitchens with built in dishwashers. Long term tenants' rents could be raised. Parking in alley for back tenant and parking in front of street for front unit.

Paul Riss RISS REAL ESTATE

5-unit motel needs a complete remodel, units in motel to the south rent for $1000 / mo being sold as is with no repairs, good location for monthly rentals close to the intersection of Lacrosse and E North St great project for someone willing to do the work with the potential of $5000 / mo in rents.

John Roberts THE REAL ESTATE GROUP, INC.

Excellent location in South West Rapid City. Close to parks and ball fields, There is assigned parking and video coverage of parking. Owners provides boiler heat and pays for water and sewer. Tenant pays for electrical.. Spacious studio apartments with fold down beds, full kitchens

Frederick Holpp COLDWELL BANKER BLACK HILLS LEGACY

Each unit has washer and dryer hook ups. About 1/2 tenant owns and the other 1/2 owner own. Tenant maintain all units and can replace with their own if desired. Excellent SW location near to public school. Exceptional Investment potential. 2/8 plexes for a total of 16 units, all 2 bed/2 bath. Every unit has Microwave, dishwasher, sroves, and refrigerators. Each unit has its own a patio or deck

Frederick Holpp COLDWELL BANKER BLACK HILLS LEGACY

Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

LORI PAULSEN SAUSER BEST IN THE WEST REALTY

Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

LORI PAULSEN SAUSER BEST IN THE WEST REALTY

Come and See!...This duplex is a side by side duplex, sharing a front enclosed entryway. This would be a wonderful way to start home ownership with a rental providing income. Also a great opportunity for a single family home (with some modifications) or with the mother-in-law suite already set up. Maybe you are looking for an investment property. The living room and kitchen area are on the main

LORI PAULSEN SAUSER BEST IN THE WEST REALTY

Charming east side home that can also be used as a duplex!! Brand new kitchen in the upstairs. Cabinets, counters, sinks. All new flooring. Upstairs has all new carpet paint, trim. Some landscaping and will be finishing a small retaining wall. Great rental potential! Lower level is currently rented. Tenant pays their own electric and gas. Water, sewer, and garbage is split between both units.

Daneen Jacquot South Dakota Properties

Welcome to 231 Quincy St in Rapid City! This up/down duplex home is ready for new owners! On the main level, there is a kitchen, laundry, full bath, 2 bedrooms, dining area, living room, 4 seasons room, and wood floors. The lower level features a living room, 2 bedrooms(NTC), a full bath, and a small kitchen. Outside you have a large corner lot, alley access parking, and a fenced yard. Live in

TJ Wojtanowicz Black Hills SD Realty

ATTENTION INVESTORS: 165 units with 72 garage stalls. 11 Buildings with 15 apartments per unit. 4 sets of garages each with 18 spaces. Garage spaces rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that rent for $900 per month. 6- 1 bedroom 1 bath apartments at 774 sq ft that rent for $1100 per month. 6 -2 bedrooms, 2 bath at 1013 sq ft renting for $1400. Appliances

TJ Wojtanowicz Black Hills SD Realty