Investment - Homes for Sale in Rapid City, SD

Two Properties in One! 13179 Bridge Lane ~ Stunning Custom Log Home and 13175 Bridge Lane Guest Cabin on total of 3+ Acres with Rapid Creek Frontage Near Rapid City! Listed by Andrea Eddy, Berkshire Hathaway HomeServices Midwest Realty ~ 605-270-1520. The centerpiece is a breathtaking custom log home, constructed with imported Canadian logs and designed to impress. Offering over 2,800 square

ANDREA EDDY BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

Bordering National Forest Service & direct access to Rapid Creek with a private bridge just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy

NICHOLE BIEGLER EXP REALTY

Bordering National Forest Service & direct access to Rapid Creek with a private bridge just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy

NICHOLE BIEGLER eXp Realty

Come see this nice 3 bedroom 2 bath home with a 2 car drive under garage and a fenced backyard. Inside the home you will find a open floor plan with the kitchen over looking the living room. Three bedrooms on the upper level with a jack&jill bathroom leading to the main suite that features its own vanity. Downstairs you will find a nice sized family room and the 2nd bathroom. This one owner home

Christopher Quail RE/MAX ADVANTAGE

Seller offer $10,000 credit to buyer and will consider carrying a 2nd! Great investment opportunity! Side by side duplex with a large lot. Updated roof, water heaters, furnance, sewer line, electric and plumbing. Great rental history with room to grow. Just needs a little cosmetic TLC!

STEPHANIE HOLDINGHAUSEN SELLING 605 REALTY LLC

Great investment opportunity, up down duplex with separate entrances in the rear. Each unit has separate electric and gas. Owner pays the water, sewer and trash Main Floor Unit: 2 bedrooms, 1 bathroom, living room, and kitchen. Currently rented for $700/month. Lower-Level Unit: 2 bedroom, 1 bathroom, living room and kitchen Currently rented for $650.00/month Both units have common entrance at the

JOE MUTH COLDWELL BANKER BLACK HILLS LEGACY

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

RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

Huge $45k price red. 1/19/26. Investment Opportunity... Rare fourplex by Canyon Lake! This westside Rapid City located westside four-plex brings in consistent rental income with extremely low vacancy rate. Each unit has 2 bedrooms, 1 bathroom, and full kitchen. Separately metered units with electric baseboard & cove heat. One tenant said it averages around $100 per month. Large 918 sf units per

Bobby Sundby SUN REAL ESTATE

Rare opportunity with income potential or multi-unit flexibility! This .31-acre lot includes two separate homes—each with private laundry hookups, a refrigerator, and a stove/range. Both units feature newer water heaters and furnaces. Updated sewer line! 239 Wright St is a 754 sq ft, 2 bed, 1 bath home on a crawlspace with easy outside access. Features include an updated bathroom and several

Amy Hook RE/MAX ADVANTAGE

Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended

Shannon Brinker TRUE NORTH ASSET GROUP

Excellent investment opportunity with this well-maintained up and down legally conforming duplex featuring Two 674 square foot units each with 2 bedrooms and a bathroom. This multi-family property offers immediate rental income with current rates of $955 monthly for the upper unit and $925 for the lower unit, which is currently vacant and ready for new tenants. Recent updates throughout the

John Roberts The Real Estate Group Rapid City

Located on the westside of Rapid City, this well-maintained fourplex offers a strong investment opportunity with consistent rental appeal and functional amenities throughout. Each of the four units features 2 bedrooms and 1 bathroom, along with convenient washer/dryer hookups. The upper-level units include wall-mounted air conditioning units and enjoy the added benefit of private, fenced yard

Suzette Pickar WEST RIVER REALTY, LLC

This easy to take care of condo is located in a quiet part of Rapid City. Brand new carpets as well as bathroom flooring has been installed. One full bath on 2nd floor, half bath on main floor. A great starter home, investment property or second home in the Black Hills. Property may be used for Long Term rental but not for Air BnB or other tourist or short term rental.

MARK WALTERS TOWN & COUNTRY REAL ESTATE LLC

Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 6-unit complex (three duplexes) offers an excellent opportunity. Each unit features 2 bedrooms, 1 bathroom, a stove, refrigerator, window air conditioner, gas water heater, and forced air heating. Washer and dryer hookups are also included in every unit. Some units have been upgraded with LVT

Nicole Petrik Engel & Völkers

Listed by Jeremy Kahler, KWBH, 605-381-7500. Looking to build your investment portfolio? Look no further than this up/down duplex with recent updates in a quiet Northwest Rapid City location! *Upper/main level unit is an 840sqft studio with open living space, bathroom with walk in corner shower, large kitchen with pantry closet and private stacking laundry *Lower unit is 800sqft and has 2

JEREMY KAHLER Keller Williams Realty Black Hills SP

Cute, convenient and lots of potential, this 3 bedroom 1 bath home is just minutes from downtown and literally just down the street from Monument Hospital. It’s close to shopping, restaurants and has a coffee shop just at the end of the alley. Your morning commute is about be REAL nice. Inside, you’ll find a place that’s ready to move in and ready for you to put your personal touch on. Move in

RYAN HALL WEST RIVER REALTY, LLC

Come take a look at this exceptionally well-cared-for home in Rapid Valley! Listed By Marnie Muffat, Sun Real Estate 605-545-0762. This fully finished 4-bedroom, 2-bath home blends modern contemporary design with timeless elegance—a combination that’s truly hard to find. From the moment you step inside, you’ll notice the high-end finishes, thoughtful upgrades, and pride of ownership throughout.

MARNIE MUFFAT SUN REAL ESTATE

Investment opportunity in Rapid City! This property offers just over 1000 sq ft of functional living space with a layout that appeals to both owners and renters, in a well established neighborhood. The home features a large fenced backyard with mature trees, adding value for tenants seeking outdoor space and long term livability. Convenient proximity to downtown Rapid City, shopping, dining, and

Andrea Skavlem KINGDOM REALTY, INC

If you have been in search for a nice smaller West side home that doesn’t require you to mow or shovel, this is the perfect 2 bedroom , 1.5 bath condominium. With just over 1,000 square feet the main floor features a welcoming living room with tons of warm southern exposure sun, a dining area that walks out to the rear of the home to a large deck and parking and modern kitchen, along with a

Stacey Nelson RE/MAX RESULTS

Turn key investment opportunity! This up & down duplex features two units, each with a private entrance. The upper unit offers 2 bedrooms, 1 bathroom, and a spacious living area. The lower unit includes 1 bedroom and 1 bathroom with an efficient layout. A shared common area with washer and dryer is available for both units. Conveniently located near downtown Rapid City, schools, shopping, and

Haley Short Oak & Key Realty, LLC

Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended

Shannon Brinker TRUE NORTH ASSET GROUP

Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded

Nicole Petrik Engel & Völkers

Great private location just off of West Boulevard and endless potential for the investment buyer! Occupied unit features 3 bedrooms on the main level and an unfinished basement. Unoccupied unit is a 1 bedroom 1 bath and is in need of renovation. This property will require cash or an in house loan and is being sold as-is.

Amy Klock RE/MAX ADVANTAGE