$575,000
$20K PRICE DROP

5789 Corbin Dr Unit & 5823 Corbin Drive Rapid City, SD 57703

Estimated payment $3,778/month

Total Views 11,733
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Parking in Community
  • Shed
  • Refrigerated and Evaporative Cooling System
  • 1.72 Acre Lot
  • Water Softener is Owned

About This Home

Looking for a unique opportunity to have an income-generating property? Welcome to Corbin Drive! This property features 3 homes with 4 rentable units all on 1.72 acres and 2 separate lots. There are multiple opportunities with this sale: live in one unit and rent the others, rent all 4 units or buy and sell off 3 units. Current leases need 60 days notice to vacate. The house features 2 units with the upper level being 2 bedrooms, 1 bathroom and the lower level is currently unfinished ready to be finished and rented as a 1 bed, 1 bath. There is a single-wide trailer with 2 bedrooms, and 1 bathroom. There is also a double-wide manufactured home that has 4 beds, an office, 3 bathrooms, and a large 32 x 26 detached shop and 20 x 20 carport.

Listing Agent

CIERRA VANDERPOL

Black Hills SD Realty License #20674 Listed on: 02/16/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.72 Acre Lot
  • Subdivision Possible

Parking

  • Carport

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Block Exterior
  • Vinyl Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Water Softener is Owned

Listing and Financial Details

  • The owner pays for gas/electric, insurance, real estate taxes, water/sewer

Community Details

Overview

  • 4 Units
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Basement Substructure: Unfinished
  • Modular: Yes
  • Personal Property: Dishwasher, Refrigerator, Gas Range Oven, Electric Range Oven, Washer, Dryer, Water Softener Owned, Window Coverings (Some)
  • Safety Features: Smoke Detectors
  • Subdivision Yn: Yes
  • Systems: 220V Service, Breaker
  • Includes: Some Units, Refrigerator, Range/Oven, Dishwasher, Washer, Dryer, Air Conditioner
  • Miscellaneous: Individual Water Heaters, Individual Heat & Air
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction: Block, Frame
  • Exterior: Shed, Outbuildings, RV Parking
  • Roof: Composition, Metal
  • Siding: Vinyl Siding, LT Smartside

Garage/Parking

  • Parking: Carport, Garage

Utilities

  • Cooling: Refrig. C/Air
  • Heating: Natural Gas

Schools

  • School District: Rapid City
  • School District: Rapid City

Lot Info

  • Number Of Acres: 1.72

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Rent Only
  • Owner Pays: Gas/Electric, Insurance, Real Estate Taxes, Water/Sewer
  • Type of Tenancy: Month to Month

Tax Info

  • RE Taxes: 3893.38
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Price Changed $575,000 -3.4% --
02/16/2025 02/16/25 For Sale $595,000 -- --
Source: Mount Rushmore Area Association of REALTORS®

Similar Home in Rapid City, SD

  • 5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703

    $575,000

    • 8 Beds
    • 5789 Corbin Dr
    • Unit & 5823 Corbin Drive
    • Rapid City, SD

    Looking for a unique opportunity to have an income-generating property? Welcome to Corbin Drive! This property features 3 homes with 4 rentable units all on 1.72 acres and 2 separate lots. There are multiple opportunities with this sale: live in one unit and rent the others, rent all 4 units or buy and sell off 3 units. Current renters need 60 days notice to vacate. The house features 2 units

    CIERRA VANDERPOL BLACK HILLS REALTY

    Section Image
See All Homes in Rapid City

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 83144

Mount Rushmore Area Association of REALTORS®

South Dakota Pennington County Rapid City 57703

5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD

This home is located at 5789 Corbin Dr Unit & 5823 Corbin Drive, Rapid City, SD 57703 and is currently priced at $575,000. 5789 Corbin Dr Unit & 5823 Corbin Drive is a home located in Pennington County with nearby schools including Francis Case Elementary - 04, Badger Clark/Carrousel - 05, and Vandenberg Elementary School.

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.

Nearby Homes
CIERRA VANDERPOL
Listing Agent
CIERRA VANDERPOL
Section Image
Black Hills SD Realty
(605) 827-1693