$265,000
$25K PRICE DROP

718 E Madison St Rapid City, SD 57701

North Rapid City Neighborhood

Estimated payment $1,423/month

Total Views 19,746
3 Beds
2 Baths
1,500 Sq Ft
$177 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • Carpet
  • Bathroom on Main Level
  • Refrigerated and Evaporative Cooling System

About This Home

Listed by Shauna Sheets, KWBH, 605-545-5430. No matter how much you're approved for- you may be able to buy this home with Habitat's special "Gap" financing! Unique financing opportunity available for buyers who meet certain criteria, contact agent for more information! *Affordable home ownership is here- why rent when you can own? New construction town home is waiting for you! *Accessible 1-level living with a finished upper level offering 3 bedrooms, 2 bathrooms and 1,500sqft *Open concept main level opens with a comfortable living room that flows into the kitchen and dining areas *Neutral paint, laminate flooring and great light in these areas *Corner kitchen with white cabinets, black appliances and island seating *1 bedroom and a large bathroom with laundry hookups and walk in shower on this level *Upstairs offers 2 additional bedrooms and 1 full bathroom *Flat lot is partially fenced, and has a large driveway for off street parking *Centrally located near businesses and easy access to downtown. If you're looking for a unique opportunity to purchase your own home-this is it. Call today to schedule a showing! **Home has deed restrictions regarding occupancy, annual income limits (100% AMI), and pre-approval requirements, see assoc docs for qualification requirements and contact listing agent for further details.

Listing Agent

Shauna Sheets

Keller Williams Realty Black Hills SP License #15646 Listed on: 08/15/2025

Keller Williams Realty Black Hills SP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $409

Year Built

  • Built in 2025

Lot Details

  • 5,227 Sq Ft Lot
  • Subdivision Possible

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Home Security

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$409

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Town House
  • Estimated Total Finished Sq Ft: 1500
  • Estimated Size Bedroom 2: 11X10
  • Estimated Size Bedroom 3: 11X12
  • Estimated Dining Room Size: COMBO
  • Full Three Quarter Bathrooms: 2
  • Estimated Kitchen Size: 11X9
  • Estimated Living Room Size: 17X15
  • Living Rm Level: M
  • Main Level Bathrooms: 1
  • Main Level Laundry: Y
  • Main Level Number Bedrooms: 1
  • Estimated Primary Bedroom Size: 12X10
  • Master Bedrm Level: M
  • Safety Features: Smoke Detectors
  • Style: Two Story
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Upper Level Number of Bedrooms: 2
  • Utilities Cable: Available
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Year Built: 2025
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Estimated Sq Ft: 1500 - 1999
  • Estimated Total Sq Ft: 1500
  • Bedroom 2 Comments: WALK IN CLOSET
  • Bedroom 2 Level: U
  • Bedroom 3 Level: U
  • Interior: Carpet, Vinyl Flooring, Laminate Flooring
  • Kitchen Level: M
  • Laundry: Main Level
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 3

Exterior Features

  • Construction: Frame
  • Exterior: Paved Street
  • Roof: Composition

Utilities

  • Air Conditioner: Yes
  • Cooling: Refrig. C/Air
  • Heating: Natural Gas, Forced Air
  • Utilities Sewer: City
  • Water: City

Schools

  • School District: Rapid City

Lot Info

  • Acreage: Less than 0.5
  • Flood Plain: Unknown
  • Number Of Acres: 0.12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • RE Taxes: 409
  • Re Tax Year: 24

Map

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft
10/27/2025 10/27/25 Price Changed $265,000 -3.6% $177 / Sq Ft
10/09/2025 10/09/25 Price Changed $275,000 -5.1% $183 / Sq Ft
08/15/2025 08/15/25 For Sale $289,900 -- $193 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 85684

Mount Rushmore Area Association of REALTORS®
South Dakota Pennington County Rapid City 57701 North Rapid City

718 E Madison St, Rapid City, SD

For Sale

Townhouses

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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
Shauna Sheets
Listing Agent
Shauna Sheets
Section Image
Keller Williams Realty Black Hills SP
(605) 349-2130