NOT LISTED FOR SALE

1611 32nd St Rapid City, SD 57702

West Rapid City Neighborhood

Estimated Value: $334,000 - $396,000

Studio
2 Baths
1,480 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $364,857 $247 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,218/month

23 Days on Market

Highlights

  • Forced Air Heating System
  • Private Entrance
  • 4-minute walk to Jackson Park

About This Home

As of August 2024

Great investment property on the Southwest side of Rapid City. This triplex is in great shape and in a great location. 3 units total and a detached 2 car garage - Unit A (main level) is a 2 bedroom, 1 bathroom with two entrances, large living room area. Unit 2 (basement level) is a 2 bedroom, 1 bath. Unit C (upper level) is a 1 bedroom, 1 bathroom unit. New windows, separate water, electric and gas meters. Tenants are responsible for electric, water, sewer and gas. This tri-plex has ample parking, 2 car detached garage and sits on a.20 acre corner lot.

Last Agent to Sell the Property

Ariel Rudland

West River Realty License #16942 Listed on: 06/27/2024

Last Buyer's Agent

Ariel Rudland

West River Realty License #16942 Listed on: 06/27/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Home Design

  • 1,480 Sq Ft Home
  • Triplex
  • Frame Construction
  • Composition Roof

Additional Features

  • Electric Oven or Range
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas/electric, water/sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Personal Property: Refrigerator, Electric Range Oven
  • Spec Assessment Remarks: RC Storm Water $26.14
  • Sq Ft Above Grade: 1480
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 2440

Exterior Features

  • Construction: Frame
  • Roof: Composition

Utilities

  • Heating: Forced Air

Schools

  • School District: Rapid City

Lot Info

  • Flood Plain: Unknown
  • Number Of Acres: 0.2

Rental Info

  • Tenant Pays: Gas/Electric, Water/Sewer
  • Type of Tenancy: Month to Month

Tax Info

  • RE Taxes: $4,380.88
  • Re Tax Year: 23

Multi Family

  • Number Of Units: 3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $364,857 -1.1% $247 / Sq Ft
06/27/2024 06/27/24 For Sale $369,000 -- $249 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History Compared to Growth

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
2025 $4,390 $314,300 $58,900 $255,400
2024 $4,390 $320,900 $56,100 $264,800
2023 $4,407 $311,300 $53,500 $257,800
2022 $3,913 $257,700 $50,900 $206,800
2021 $3,466 $208,100 $50,900 $157,200
2020 $3,222 $187,100 $39,200 $147,900
2019 $2,972 $170,300 $30,500 $139,800
2018 $2,711 $162,100 $30,500 $131,600
2017 $2,711 $157,900 $30,500 $127,400
Source: Public Records

Agents Affiliated with this Home

  • Ariel Rudland

    Seller's Agent in 2024

    Ariel Rudland

    West River Realty

    (605) 786-4816

    8 in this area

    192 Total Sales

    Ariel Rudland
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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 80784

Mount Rushmore Area Association of REALTORS®

APN: 3704476028

South Dakota Pennington County Rapid City 57702 West Rapid City

1611 32nd St, Rapid City, SD

Not Listed for Sale

MultiFamily

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