1 Other Rapid City, SD 57702
Rapid City AreaEstimated payment $14,864/month
Highlights
- Public Water Access
- City View
- Brick Veneer
- Corral Drive Elementary School Rated 9+
- Interior Lot
- Forced Air Heating System
About This Home
Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex—all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,358
Year Built
- Built in 1950
Home Design
- Brick Veneer
- Frame Construction
- Composition Roof
- Metal Construction or Metal Frame
- Hardboard
Finished Basement
- Walk-Out Basement
- Crawl Space
Parking
- Garage
- On-Street Parking
Lot Details
- Private Entrance
- Fenced
- Interior Lot
- Lot Has A Rolling Slope
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Baseboard Heating
- Public Septic
Additional Features
- City Views
- Public Water Access
Community Details
- 17 Units
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $2,311,000 | -- | -- |
Source: Black Hills Association of REALTORS®
MLS Number: 179999
- TBD E Moon Meadows Dr
- TBD Harmony Heights Ln
- TBD Canyon Place
- TBD Canyon Place
- tbd Other Unit Victoria Lake Road
- Lot 8 Antelope Creek Rd Unit River Bottom Ranchet
- TBD Cloud Peak Dr
- 13340 Other
- 7450 Dark Canyon Rd
- 8151 Labrador Trail
- 10404 Pinehurst Ct
- 7810 Labrador Trail
- 10530 Ashwood Ct
- 23033 Hisega Rd
- 5740 S Dakota 44
- 11758 W Highway 44
- 11758 S Dakota 44
- 8231 Miracle Rd
- 1055 Ridgeland Loop
- 8320 Miracle Rd
- 6050 Magic Canyon Rd
- 3422 Idlewild Ct
- 4726 Dornoch Ct
- 5131 Waxwing Ln Unit 1
- 7175 Dunsmore Rd
- 13646 Twisted Pnes Trail
- 4120 Lakeview Dr Unit 4122
- 2017 Monte Vista Dr
- 1935 38th St Unit 1
- 3741 Canyon Lake Dr
- 3115 Hogan Ct
- 4444 Seeaire St
- 1701 Rushmore St
- 427 City Springs Ln
- 4404 Candlewood Place
- 4035 W St Louis St
- 2735 Jenny Gulch
- 2735.5 Jenny Gulch
- 3945 Fairway Hills Dr
- 2710 Wilkie Dr
Ask me questions while you tour the home.