$550,000
$45K PRICE DROP

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

Estimated payment $3,368/month

Total Views 13,060
8 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Separate Formal Living Room
  • Forced Air Heating and Cooling System
  • Views of Trees
  • Formal Dining Room
  • Garage

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 renters 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 REALTY Listed on: 02/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,893

Year Built

  • Built in 1996

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Metal Construction or Metal Frame
  • Hardboard

Interior Spaces

  • Separate Formal Living Room
  • Formal Dining Room
  • Views of Trees
  • Fire and Smoke Detector
  • Basement

Parking

  • Garage
  • Carport

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Public Septic

Additional Features

  • Public Water Access
  • Private Entrance

Community Details

  • 4 Units
  • Eastern Acres Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,893

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Lvt Date: 02/16/2025
  • View: Trees, Prairie
  • Year Built: 1996
  • Safety Features: Smoke Detectors
  • Includes: Some Units, Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
  • Miscellaneous: Individual Water Heaters, Individual Heat & Air
  • Agent Only_ L A1 User Code: 2271
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Hardboard, Metal/Vinyl
  • Foundation: Basement, Slab
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Garage

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas
  • Sewer: City
  • Water: City

Fee Information

  • Total Expenses: See Docs

Lot Info

  • Lot Size: 1.72
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Month to Month
  • Who Pays Electricity: Owner
  • Who Pays Gas: Owner
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2024
  • Taxes: 3893.38

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 5 - 10%
  • Unit Features: Some Units, Window Coverings, Formal Dining Room, Formal Living Room, Unfinished Basement

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $550,000 -4.3% --
03/27/2025 03/27/25 Price Changed $575,000 -3.4% --
02/16/2025 02/16/25 For Sale $595,000 -- --
Source: Black Hills Association of REALTORS®

Source: Black Hills Association of REALTORS®

MLS Number: 172351

Black Hills 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 $550,000. This property was built in 1996. 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.

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Black Hills 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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CIERRA VANDERPOL
Listing Agent
CIERRA VANDERPOL
Section Image
BLACK HILLS REALTY
(605) 827-1693