$273,000
SOLD JAN 26, 2026

401 College Ave Rapid City, SD 57701

North Rapid City Neighborhood
Studio
-- Bath
1,256 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

6% Below List Price

28 Days on Market

Highlights

  • Forced Air Heating System
  • Private Entrance
  • 4-minute walk to College Park
  • Refrigerated and Evaporative Cooling System
  • Wood Siding

About This Home

As of January 2026

Listed by Jeremy Kahler, KWBH, 605-381-7500. Looking to build your investment portfolio? Look no further than this up/down duplex with recent updates in a north Rapid City location! *Both units are fully finished, have separate meters, secured entrances, parking and fenced yards *Upper/Main level unit is 1,256sqft, has fresh interior paint and vinyl flooring throughout, 3 bedrooms, 1 bathroom, a separate laundry room, a large living room with bay window and great natural light, a large kitchen with white appliances and a dining room with slider door to the freshly painted back deck *Walkout/Ground level unit is also 1,256sqft and has fresh interior paint and vinyl flooring, 3 bedrooms with large windows, 1 bathroom, separate laundry room, a cozy living room, a 'U' shaped kitchen with white appliances and a dining room *Separate secured entrances for each unit *Detached 2-car garage parking for one unit plus a large driveway for the other unit for plenty of off street parking *Separately fenced yards for outdoor entertaining. Centrally located near Monument Arena, local schools and easy access to downtown Rapid City- call today.

Last Agent to Sell the Property

JEREMY KAHLER

Keller Williams Realty Black Hills SP License #12777 Listed on: 11/25/2025

Keller Williams Realty Black Hills SP

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1979

Lot Details

  • Private Entrance
  • Subdivision Possible

Parking

  • Paved Parking

Home Design

  • 1,256 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Wood Siding

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2,512 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,258

Year Built

Built in 1979

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Personal Property: Dishwasher, Refrigerator, Microwave, Washer, Dryer
  • Sq Ft Above Grade: 1256
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Year Built: 1979
  • Estimated Building Sq Ft: 2512
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 1256

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Siding: Wood Siding

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Refrig. Wall Unit
  • Heating: Natural Gas, Forced Air

Schools

  • School District: Rapid City

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RE Taxes: 4257.94
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Bought by
Tuhy Allan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2026 01/26/26 Sold $273,000 -5.8% $217 / Sq Ft
11/25/2025 11/25/25 For Sale $289,900 -- $231 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

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 $4,756 $357,800 $40,800 $317,000
2024 $4,281 $313,100 $40,800 $272,300
2023 $4,850 $344,600 $31,300 $313,300
2022 $4,197 $276,400 $28,500 $247,900
2021 $3,098 $186,000 $25,200 $160,800
2020 $2,906 $168,700 $25,200 $143,500
2019 $2,709 $162,900 $25,200 $137,700
2018 $2,497 $154,700 $25,200 $129,500
2017 $2,704 $146,200 $25,200 $121,000
2016 $2,890 $149,200 $25,200 $124,000
2015 $2,890 $151,900 $26,000 $125,900
2014 $2,861 $146,300 $26,000 $120,300
Source: Public Records

Agents Affiliated with this Home

  • JEREMY KAHLER

    Seller's Agent in 2026

    JEREMY KAHLER

    Keller Williams Realty Black Hills SP

    (605) 381-7500

    30 in this area

    485 Total Sales

    JEREMY KAHLER
    Section Image

  • N

    Buyer's Agent in 2026

    NON MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 86768

Mount Rushmore Area Association of REALTORS®

APN: 0025835

South Dakota Pennington County Rapid City 57701 North Rapid City

401 College Ave, Rapid City, SD

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mount Rushmore Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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