$289,000
$56K PRICE DROP

Estimated payment $1,876/month

Total Views 249
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Refrigerated and Evaporative Cooling System
  • Wood Siding
  • Baseboard Heating
  • Private Entrance

About This Home

This fully occupied triplex is a fantastic addition to any portfolio! With varying unit sizes (1BR, 2BR, 3BR), remodeled interiors, and recent appraisal, this property is set up for strong rental income. Each unit features in-unit laundry, and tenants enjoy a large backyard with a chain-link fence and plenty of off-street parking. The 1,044 sq. ft. garage is currently rented, providing additional income and valuable storage space. The exterior has been freshly painted, and the roof is in great shape. Situated on a .22-acre lot just minutes from downtown, this location is highly desirable for tenants. A solid income-generating property with great potential! Make sure to book your showings today Listed by Jeffery Christians, Real Broker LLC, and co-listed by Beth Staeckeler, Real Broker LLC, 631-902-6095

Listing Agent

Jeffery Christians

Real Broker Spearfish License #15604 Listed on: 03/14/2025

Co-Listing Agent

Beth Staeckeler

Real Broker Spearfish License #18592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,529

Year Built

  • Built in 1931

Lot Details

  • 9,583 Sq Ft Lot
  • Private Entrance
  • Subdivision Possible

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Refrigerated and Evaporative Cooling System
  • Evaporated cooling system
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units
  • 2,464 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,529

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Basement Substructure: Full Basement, Walkout, Completely Finished, Block Foundation
  • Safety Features: Smoke Detectors
  • Style: 2 Story
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1931
  • Estimated Building Sq Ft: 2464
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Entrance: Private Entrance

Exterior Features

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

Garage/Parking

  • Parking: Garage

Utilities

  • Cooling: Window Evap., Refrig. C/Air
  • Heating: Natural Gas, Forced Air, Baseboard

Schools

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

Lot Info

  • Lot Size: .22 Acres
  • Number Of Acres: 0.22

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RE Taxes: 3529.23
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 3

Map

Range of Values:

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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 $3,529 $257,400 $42,900 $214,500
2023 $3,496 $246,400 $33,000 $213,400
2022 $3,119 $205,400 $30,000 $175,400
2021 $2,504 $149,700 $26,300 $123,400
2020 $2,520 $145,800 $26,300 $119,500
2019 $2,341 $139,000 $26,300 $112,700
2018 $2,210 $133,200 $26,300 $106,900
2017 $2,375 $128,900 $26,300 $102,600
2016 $2,550 $130,600 $26,300 $104,300
2015 $2,550 $133,600 $26,000 $107,600
2014 $2,424 $123,500 $26,000 $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $289,000 -3.3% --
06/18/2025 06/18/25 Price Changed $299,000 -5.0% --
05/19/2025 05/19/25 Price Changed $314,900 -3.1% --
04/16/2025 04/16/25 Price Changed $324,900 -5.8% --
03/17/2025 03/17/25 For Sale $345,000 -- --
Source: Mount Rushmore Area Association of REALTORS®

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Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 83469

Mount Rushmore Area Association of REALTORS®

APN: 0020270