$275,000
SOLD APR 10, 2025
Studio
-- Bath
1,344 Sq Ft
0.32 Acres

Recently Sold

$205 Per Sq Ft

46 Days on Market

Highlights

  • Refrigerated and Evaporative Cooling System
  • Private Entrance
  • Wood Siding

About This Home

As of April 2025

This duplex in Rapid City offers an excellent investment opportunity with income potential. Here's a breakdown of the property: Upper Unit: 3 bedrooms, 2 bathrooms, listed for $1,505/month. It has been updated with new flooring, paint, and light fixtures. Lower Unit: 3 bedrooms, 1 bathroom, listed for $1,100/month, featuring updated flooring as well. Additional Features: Large kitchen and laundry room in both units. Detached oversized garage with a drive-through feature, shared by tenants. Plenty of off-street parking. Spacious fenced backyard. For more information or to schedule a viewing, contact Kevin Andreson at KWBH, 605-646-5409. Buyer and buyers agent to verify all information.

Last Agent to Sell the Property

Kevin Andreson

Keller Williams Realty Black Hills SP License #16653 Listed on: 01/15/2025

Keller Williams Realty Black Hills SP

Last Buyer's Agent

Kevin Andreson

Keller Williams Realty Black Hills SP License #16653 Listed on: 01/15/2025

Keller Williams Realty Black Hills SP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1967

Lot Details

  • 0.32 Acre Lot
  • Private Entrance
  • Subdivision Possible

Parking

  • On-Street Parking

Home Design

  • 1,344 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Block Exterior

Outdoor Features

  • Outbuilding

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas/electric
  • The owner pays for water/sewer

Community Details

Overview

  • 2,344 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,233

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Personal Property: Refrigerator
  • Sq Ft Above Grade: 1344
  • Style: Up & Down
  • Subdivision Yn: Yes
  • Systems: Breaker
  • Year Built: 1967
  • Estimated Building Sq Ft: 2344
  • Includes: All Units, Refrigerator
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance
  • Total Sq Ft: 2344

Exterior Features

  • Construction: Frame, Block
  • Exterior: Outbuildings
  • Roof: Composition
  • Siding: Wood Siding

Garage/Parking

  • Parking: Street Parking, Garage

Utilities

  • Cooling: Refrig. Wall Unit
  • Heating: Natural Gas

Schools

  • School District: Rapid City

Lot Info

  • Number Of Acres: 0.32

Rental Info

  • Pets Allowed: Yes
  • Tenant Pays: Gas/Electric
  • Owner Pays: Water/Sewer
  • Type of Tenancy: Negotiable

Tax Info

  • RE Taxes: 4233
  • Re Tax Year: 24

Multi Family

  • Number Of Units: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
04/10/2025 04/10/25 Sold $275,000 0.0% $205 / Sq Ft
01/15/2025 01/15/25 For Sale $275,000 -- $205 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History Compared to Growth

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
2025 $4,275 $354,400 $48,300 $306,100
2024 $4,275 $311,300 $48,300 $263,000
2023 $4,927 $347,100 $37,100 $310,000
2022 $4,207 $277,100 $33,700 $243,400
2021 $3,500 $209,200 $27,600 $181,600
2020 $3,317 $191,700 $27,600 $164,100
2019 $2,947 $189,800 $27,600 $162,200
2018 $2,763 $167,400 $27,600 $139,800
2017 $2,984 $160,800 $27,600 $133,200
2016 $3,131 $163,800 $27,600 $136,200
2015 $3,131 $163,700 $26,000 $137,700
2014 $3,015 $153,300 $26,000 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 82862

Mount Rushmore Area Association of REALTORS®

APN: 0026787