$499,000
$26K PRICE DROP

Estimated payment $3,240/month

Total Views 4,348
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Cooling Available
  • Private Entrance
  • City View
  • Garage
  • 3-minute walk to City of Rapid City Parks and Recreation Director

About This Home

Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended living. A garage and off-street parking provide added convenience—rare in this sought-after neighborhood. Just minutes from downtown Rapid City, Main Street Square, parks, dining, and shopping, this home blends historic charm with modern comfort in a prime location where rentals lease quickly Property is currently leased. Whether you're looking for a home with rental income or a full investment property, this is an opportunity you won’t want to miss!

Listing Agent

Shannon Brinker

TRUE NORTH ASSET GROUP Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,741

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Wood Frame Construction

Parking

  • Garage
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Public Septic

Additional Features

  • City Views
  • Public Water Access
  • Private Entrance
  • Basement

Community Details

  • Old Town Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,741

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Up & Down
  • Lvt Date: 03/25/2025
  • View: City
  • Year Built: 1920
  • Includes: Some Units
  • Miscellaneous: Master Meters
  • Agent Only_ L A1 User Code: 1631
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Wood
  • Foundation: Basement

Garage/Parking

  • Parking: Street, Garage

Utilities

  • Air Conditioner: Electric
  • Heating: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .1 Acres
  • Lot Type: Corner
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: Negotiable

Tax Info

  • Year: 2024
  • Taxes: $5,404.36

Multi Family

  • Number Of Units: 1
  • Vacancy Rate: 5 - 10%
  • Unit Features: Some Units

Map

Range of Values:

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Average Value
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Sold Price
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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 $5,741 $397,400 $55,800 $341,600
2023 $5,553 $377,300 $55,800 $321,500
2022 $4,377 $288,300 $65,200 $223,100
2021 $4,040 $232,800 $65,200 $167,600
2020 $3,512 $204,800 $65,200 $139,600
2019 $3,431 $196,900 $65,200 $131,700
2018 $3,289 $196,900 $65,200 $131,700
2017 $3,292 $193,600 $65,200 $128,400
2016 $3,535 $182,500 $65,200 $117,300
2015 $3,535 $186,600 $65,200 $121,400
2014 $3,180 $163,300 $45,000 $118,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $499,000 0.0% $171 / Sq Ft
06/17/2025 06/17/25 Price Changed $499,000 -5.0% --
03/24/2025 03/24/25 For Sale $525,000 0.0% --
03/24/2025 03/24/25 For Sale $525,000 -- $179 / Sq Ft
Source: Black Hills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $269,000 --
Source: Public Records

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Source: Black Hills Association of REALTORS®

MLS Number: 172899

Black Hills Association of REALTORS®

APN: 0034879