10 E Quincy St Rapid City, SD 57701
Downtown Rapid City NeighborhoodEstimated payment $5,867/month
About This Home
10 E Quincy Street | Rapid City, SD | 8-Unit Multifamily Investment | Listed by Lori Barnett | Engel & Völkers Black Hills | 605.786.5817 Located minutes from the South Dakota School of Mines & Technology and downtown Rapid City, this 8-unit, non-conforming multifamily property is a compelling acquisition for investors building a Black Hills real estate portfolio. Situated in Rapid City's city center, one of the most consistently occupied rental corridors in Western South Dakota, the building features a diverse unit mix including two studios at $650-700/month, five 2-bedrooms at $1,100/month, and one 3-bedroom at $1,500/month. Coined, common laundry. Dedicated off street parking. All utilities are landlord-paid. Rapid City's continued population growth, low multifamily vacancy rates, and proximity to major employers support strong long-term demand for rental housing in South Dakota.
Listing Agent
Engel & Völkers Black Hills Spearfish License #14661 Listed on: 03/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,908
Year Built
- Built in 1957
Lot Details
- 6,970 Sq Ft Lot
- Private Entrance
Parking
- Common or Shared Parking
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Electric Oven or Range
Laundry
- Dryer
- Washer
Utilities
- Hot Water Heating System
Community Details
Overview
- 8 Units
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,940 | $519,700 | $35,000 | $484,700 |
| 2024 | $6,664 | $487,700 | $35,000 | $452,700 |
| 2023 | $5,646 | $399,000 | $35,000 | $364,000 |
| 2022 | $5,076 | $334,300 | $35,000 | $299,300 |
| 2021 | $5,143 | $309,200 | $35,000 | $274,200 |
| 2020 | $5,460 | $317,800 | $35,000 | $282,800 |
| 2019 | $4,924 | $291,900 | $35,000 | $256,900 |
| 2018 | $3,810 | $281,900 | $35,000 | $246,900 |
| 2017 | $2,773 | $223,300 | $35,000 | $188,300 |
| 2016 | $2,806 | $152,600 | $35,000 | $117,600 |
| 2015 | $2,806 | $147,000 | $35,000 | $112,000 |
| 2014 | $2,847 | $145,200 | $35,000 | $110,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/23/2026 03/23/26 | Price Changed | $990,000 | -10.0% | -- | |
| 03/05/2026 03/05/26 | For Sale | $1,099,900 | +254.8% | -- | |
| 11/29/2017 11/29/17 | Sold | $310,000 | -16.7% | -- | View Prior Sale |
| 10/19/2017 10/19/17 | Pending | -- | -- | -- | |
| 09/19/2017 09/19/17 | For Sale | $372,000 | -- | -- |
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 87660
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