831 Dilger Ave Rapid City, SD 57701
North Rapid City NeighborhoodEstimated payment $1,656/month
Highlights
- Public Water Access
- Interior Lot
- Lot Has A Rolling Slope
- City View
- Private Entrance
- Radiant Heating System
About This Home
Priced for Quick Sale. Investors,,,take a Look. Rare opportunity. *4 Plex - Four 1 Bdrm/1bth units with strong history and potential for excellent cashflow *Near schools, shopping, & easy access to downtown & I-90 *Has been easy to rent *Tons of upside potential *2 units rented, with deposits *Time for a New Owner! *Price discounted $45,100 from May of 2025 *Private Off-Street parking *Coin-operated Laundry in common laundry room *Small yard, vinyl siding and windows for ease of maintenance *Has been owner managed and maintained. *Great "1031 Replacement Property". A little elbow grease, could result in maximum profits. * Excellent CASH PURCHASE property. **BEST 4-PLEX Value in, or near Rapid City. ------At this price, there is room for all investors---- Contact your favorite Realtor, or Listing Agent for details. Listed by Tom Blain, Keller Williams Realty Black Hills - 605-716-1111
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,812
Year Built
- Built in 1940
Home Design
- Quadruplex
- Side-by-Side
- Poured Concrete
- Frame Construction
- Composition Roof
Parking
- On-Street Parking
- Off-Site Parking
Lot Details
- Private Entrance
- Interior Lot
- Lot Has A Rolling Slope
Utilities
- Radiant Heating System
- Public Septic
Additional Features
- City Views
- Public Water Access
- Basement
Community Details
Overview
- 4 Units
- North Rapid Add Subdivision
Building Details
- Gross Income $30,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,684 | $286,700 | $24,400 | $262,300 |
| 2024 | $3,684 | $268,600 | $24,400 | $244,200 |
| 2023 | $3,127 | $220,000 | $24,400 | $195,600 |
| 2022 | $2,534 | $166,900 | $24,400 | $142,500 |
| 2021 | $2,562 | $153,100 | $24,400 | $128,700 |
| 2020 | $2,608 | $150,800 | $24,400 | $126,400 |
| 2019 | $2,517 | $145,500 | $24,400 | $121,100 |
| 2018 | $2,444 | $143,200 | $24,400 | $118,800 |
| 2017 | $2,466 | $142,600 | $24,400 | $118,200 |
| 2016 | $2,438 | $135,500 | $24,400 | $111,100 |
| 2015 | $2,438 | $127,500 | $24,400 | $103,100 |
| 2014 | $2,380 | $121,100 | $24,400 | $96,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $259,900 | -- | -- |
Source: Black Hills Association of REALTORS®
MLS Number: 177738
APN: 20-36-176-009
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Ask me questions while you tour the home.