$247,500
$8K PRICE DROP

Estimated payment $1,709/month

Total Views 27,669
6 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Balcony
  • Baseboard Heating
  • City View
  • Patio
  • Private Entrance

About This Home

Get ready to invest in opportunity - this duplex is ideal for rental income! Two spacious units with separate entrances on a corner lot. Main unit highlights a sizable kitchen with dark wood cabinets, ample countertop space, and striking hardwood floors leading into a dining area and an expansive, open living room & 2 sliders to an open, wrap-around deck. 3 good-sized bedrooms, 1 full bathroom & laundry hook-ups. Basement unit mirrors the top, featuring a kitchen with wood vinyl flooring extending into the dining area, large living room & walkout to the covered patio. 3 more good-sized bedrooms, 1 full bathroom & laundry hook-ups. No-maintenance yard. High-efficiency, on-demand tankless water heater, newer steel roof and foam insulation. It is zoned as a single family unit, according to county records, but is metered separately: water, gas and electricity. Close to schools, grocery stores, shopping, and downtown Rapid City!

Listing Agent

Cheri St Pierre

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY Listed on: 05/02/2025

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1961

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction

Outdoor Features

  • Public Water Access
  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Public Septic

Additional Features

  • City Views
  • Walk-Out Basement
  • Private Entrance

Community Details

  • 2 Units
  • Nowlin & Wood Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 05/02/2025
  • View: City
  • Year Built: 1961
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Master Meters, Central Water Heater, Individual Heat & Air, Dead Bolt Locks
  • Agent Only_ L A1 User Code: 360
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Frame
  • Foundation: Concrete Block, Walkout

Utilities

  • Heating: Electric, Baseboard
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: 0.15
  • Lot Type: Corner
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Vacant
  • Who Pays Electricity: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Tenant

Tax Info

  • Year: 24
  • Taxes: 4053.94

Multi Family

  • Number Of Units: 2
  • Vacancy Rate: over 20%
  • Unit Features: All Units, Some Units, Patio, Balcony/Deck, Kit/DR Combo, Inside Utility Room

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $4,074 $298,100 $42,600 $255,500
2023 $3,942 $277,000 $30,400 $246,600
2022 $3,482 $229,300 $27,600 $201,700
2021 $2,794 $167,800 $27,600 $140,200
2020 $2,726 $158,400 $27,600 $130,800
2019 $2,446 $150,200 $27,600 $122,600
2018 $2,482 $139,800 $26,000 $113,800
2017 $2,472 $145,500 $26,000 $119,500
2016 $1,585 $136,500 $26,000 $110,500
2015 $1,585 $84,000 $26,000 $58,000
2014 $2,318 $118,500 $26,000 $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $247,500 -1.0% $127 / Sq Ft
06/05/2025 06/05/25 For Sale $250,000 0.0% $128 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $250,000 -2.0% $128 / Sq Ft
05/02/2025 05/02/25 For Sale $255,000 -7.3% $131 / Sq Ft
07/18/2023 07/18/23 Sold $275,000 -2.5% $141 / Sq Ft
06/01/2023 06/01/23 For Sale $282,000 +40.3% $144 / Sq Ft
03/10/2021 03/10/21 Sold $201,000 +0.6% $165 / Sq Ft
01/25/2021 01/25/21 For Sale $199,900 -- $164 / Sq Ft
Source: Black Hills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $275,000 --
Source: Public Records

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Source: Black Hills Association of REALTORS®

MLS Number: 173559

Black Hills Association of REALTORS®

APN: 0027490