$225,000
$10K PRICE DROP

Estimated payment $1,522/month

Total Views 9,980
5 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Balcony
  • Family Room
  • City View
  • Private Entrance
  • Fenced

About This Home

Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. This triplex presents a fantastic investment opportunity with strong income potential. Each unit has a separate electric meter, while water and natural gas are shared, with tenants reimbursing the owner for water, sewer, and trash costs as follows: Main Floor 50%, Lower Level 25%, Upper Level 25%. Main Floor Unit: 2 bedrooms, 1 bathroom, a living room, family room, and kitchen. Currently rented for $785/month. Upper-Level Unit: 1 bedroom, 1 bathroom, and a spacious living room, accessed via a private staircase at the back of the house. Currently rented for $575/month. Lower-Level Unit: 2 bedrooms (NTC windows), 1 bathroom, a living room, and a kitchen, with a private entrance on the side of the home and is currently rented for $685/monthly. Situated in a prime location, this property is within walking distance of the Monument event center and shopping, making it highly desirable for tenants. Don't miss out on this great investment opportunity!

Listing Agent

RYAN MICHAEL HALL

PREMIER PROPERTIES, LLC Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1934

Lot Details

  • Private Entrance
  • Fenced

Parking

  • Off-Site Parking

Home Design

  • Triplex
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2.5-Story Property
  • Family Room
  • City Views
  • Fire and Smoke Detector
  • Basement

Outdoor Features

  • Public Water Access
  • Balcony

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Public Septic

Community Details

  • 3 Units
  • Millard Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,344

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Style: 2.5 Story
  • Lvt Date: 03/21/2025
  • View: City
  • Year Built: 1934
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven
  • Miscellaneous: Separate Meters, Master Meters
  • Agent Only_ L A1 User Code: 2386
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Metal/Vinyl, Wood
  • Foundation: Basement, Concrete Block
  • Roof: Composition

Garage/Parking

  • Parking: Off Site

Utilities

  • Air Conditioner: Window
  • Heating: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: .16 Acres
  • Lot Type: Flat
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Multiple
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Tenant
  • Who Pays Water Sewer: Tenant

Tax Info

  • Year: 2024
  • Taxes: 3344.08

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: over 20%
  • Unit Features: Some Units, Window Coverings, Balcony/Deck, Fenced Area, Family Room

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 $3,365 $245,900 $39,700 $206,200
2023 $3,280 $0 $0 $0
2022 $2,909 $191,600 $27,700 $163,900
2021 $2,769 $166,200 $24,400 $141,800
2020 $2,659 $154,400 $24,400 $130,000
2019 $2,394 $149,900 $24,400 $125,500
2018 $2,178 $136,700 $24,400 $112,300
2017 $2,425 $127,500 $24,400 $103,100
2016 $2,605 $133,800 $24,400 $109,400
2015 $2,605 $136,900 $26,000 $110,900
2014 $2,435 $124,500 $26,000 $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Price Changed $225,000 -4.3% --
03/21/2025 03/21/25 For Sale $235,000 -- --
Source: Black Hills Association of REALTORS®

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Source: Black Hills Association of REALTORS®

MLS Number: 172851

Black Hills Association of REALTORS®

APN: 0025849