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Investment - Homes for Sale in Rapid City, SD

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  • /9

    $42,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    1702 E Hwy 44 Unit LOT 78, Rapid City, SD 57703

    Brookdale Estates LOT 78- 14x72 - 3 Bed 1 Bath! Listed by Drew Yeoman | Black Hills Realty | 605-484-5392 Personal or Investment opportunity in Brookdale Estates! Whether you're a buyer looking for your new home or an investor looking to add an individual rental to your portfolio, or seeking a larger investment package, this offering provides the flexibility to build the purchase that best fits

    Drew Yeoman BLACK HILLS REALTY

    1702 E Hwy 44 Unit LOT 78, Rapid City, SD 57703
  • /16

    $229,900

    $20K PRICE DROP
    • Studio

    5823 Corbin Dr, Rapid City, SD 57703

    Listed with Cierra VanderPol, Black Hills Realty, 605-593-1909 - Looking for a unique income-producing opportunity? Welcome to Corbin Drive! Situated on 0.69 acres, this versatile property features 2 homes with 2 finished rentable units and one unfinished, offering endless possibilities for investors and owner-occupants alike. The main home is currently configured with an upper-level unit

    CIERRA VANDERPOL Black Hills SD Realty

    5823 Corbin Dr, Rapid City, SD 57703
  • /11

    $32,750

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft

    1702 E Hwy 44 Unit LOT 142, Rapid City, SD 57703

    Brookdale Estates LOT 142- 14x70 - 2 Bed 1 Bath! Listed by Drew Yeoman | Black Hills Realty | 605-484-5392 Personal or Investment opportunity in Brookdale Estates! Whether you're a buyer looking for your new home or an investor looking to add an individual rental to your portfolio, or seeking a larger investment package, this offering provides the flexibility to build the purchase that best fits

    Drew Yeoman BLACK HILLS REALTY

    1702 E Hwy 44 Unit LOT 142, Rapid City, SD 57703
  • /22

    $455,000

    • 6 Beds

    200 St Cloud, Rapid City, SD 57701

    Great investment opportunity! Beautiful side-by-side duplex with amazing views and privacy! Both units come fully furnished and offer 3 bedrooms, 1 bath, spacious kitchen, cozy living room, laundry area - all on one level and lots of natural light! Great location, just minutes to downtown, oversized 2 car garage and a lot of extra parking on the side, high-efficiency 2x6 construction, newer

    Irina Lewis COLDWELL BANKER BLACK HILLS LEGACY

    200 St Cloud, Rapid City, SD 57701
  • /22

    $3,120,000

    • Land
    • 80 Acres
    • $39,000 per Acre

    TBD Canyon Place, Rapid City, SD 57702

    Listed by Tyler Schad at Silverleaf Real Estate LLC 605-430-3710. Discover a rare opportunity to own 80 breathtaking acres in the heart of the Black Hills, surrounded by U.S. Forest Service land on three sides for exceptional privacy and direct access to nature. This remarkable property offers sweeping panoramic views, including stunning views of Black Elk Peak, creating an unforgettable setting

    Tyler Schad SILVERLEAF REAL ESTATE LLC

    TBD Canyon Place, Rapid City, SD 57702
  • /24

    $460,000

    • 6 Beds

    305 E Philadelphia St, Rapid City, SD 57701

    Gorgeous 4,100+ sq ft brick triplex showcasing the character and craftsmanship of 1950s architecture, positioned to be the flagship of any real estate investment portfolio. Mature trees create a welcoming backdrop for three well-designed units ideal for both owner-occupants and investors. The two main-level units each feature two bedrooms, one bathroom, central air, dishwashers, and direct access

    Tony Marshall CINC REALTY LLC

    305 E Philadelphia St, Rapid City, SD 57701
  • /10

    $699,000

    $68K PRICE DROP
    • Land
    • 1.6 Acres
    • $436,875 per Acre

    1445 E Anamosa, Rapid City, SD 57701

    Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Exceptional commercial development opportunity in one of Rapid City's fastest-growing corridors! This 1.601-acre commercial lot is ideally located in Northeast Rapid City adjacent to Northern Hills Federal Credit Union and offers excellent visibility, accessibility, and exposure in a rapidly expanding area. All city utilities are

    TJ Wojtanowicz BLACK HILLS REALTY

    1445 E Anamosa, Rapid City, SD 57701
  • /36

    $399,900

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,384 Sq Ft

    817 Fairview St, Rapid City, SD 57701

    Listed by Larissa Hespen, Keller Williams Realty Black Hills, 605-580-0422. Charming bungalow in the historic West Boulevard District offers the perfect blend of timeless charm and thoughtful modern updates. The beautifully updated kitchen features stainless steel appliances, a large center island, soft-close cabinetry, and floating shelves, while oversized windows fill the space with natural

    LARISSA HESPEN KELLER WILLIAMS REALTY BLACK HILLS

    817 Fairview St, Rapid City, SD 57701
  • /2

    $62,500

    • Land
    • 9,147 Sq Ft
    • $297,619 per Acre

    1042 Cobalt Dr, Rapid City, SD 57701

    Prime opportunity to build in a well-established subdivision surrounded by quality homes. This residential lot offers access to existing infrastructure, including utilities, paved roads, and nearby amenities. Conveniently located near schools, shopping, and daily essentials, this is an ideal setting for a custom home or investment property. Don’t miss your chance to secure a lot in a desirable,

    JOE MUTH COLDWELL BANKER BLACK HILLS LEGACY

    1042 Cobalt Dr, Rapid City, SD 57701
  • /40

    $474,900

    $64K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,854 Sq Ft

    1615 9th St Unit & 1613 9th st, Rapid City, SD 57701

    Welcome to this rare two-homes-on-one-lot opportunity in the highly desirable Historic West Blvd District. The main residence features 3 spacious bedrooms, 3 bathrooms, stunning wood floors, and a bright sunroom perfect for morning coffee or afternoon relaxation. The kitchen is beautifully updated with granite countertops and ample cabinetry. Each bedroom offers generous space, creating a

    Sidney Toennies EXP REALTY

    1615 9th St Unit & 1613 9th st, Rapid City, SD 57701
  • /13

    $1,300,000

    • Land
    • 10.6 Acres
    • $122,642 per Acre

    1 TBD Sammis Trail, Rapid City, SD 57702

    Listed with Travis Haan -- Black Hills Realty -- 605-415-2344 Prime 10.6-acre commercial opportunity located just off U.S. Highway 16south of Rapid City. Positioned in one of the fastest-growing corridors in the Black Hills region, this property offers outstanding visibility and convenient highway access, making it ideal for a wide range of commercial or mixed-use development. Surrounded by

    Travis Haan Black Hills SD Realty

    1 TBD Sammis Trail, Rapid City, SD 57702
  • /8

    $358,000

    $40K PRICE DROP
    • Land
    • 2.03 Acres
    • $176,355 per Acre

    1202 Neel St, Rapid City, SD 57703

    Welcome to Homestead Vista! This lot is ready for its next investor! Zoned office commercial, this property can accommodate apartments, professional business fronts, and more! Located only minutes from main roadways such as Elk Vale Rd, I-90, and Highway 44, its convenience is unmatched! Just across the street construction is underway for a new fire/police station, library anex, and city park!

    Houston Boomsma THE REAL ESTATE GROUP, INC.

    1202 Neel St, Rapid City, SD 57703
  • /13

    $179,900

    • 2 Beds
    • 1 Bath
    • 1,241 Sq Ft

    818 Allen Ave, Rapid City, SD 57701

    Opportunity is knocking! If you've been searching for your first home, an investment opportunity, or affordable fixer-upper, this could be the one you've been waiting for. This 2 bedroom, 1 bathroom home offers tremendous potential.Full unfinished basement, and out storage buildings. The possibilities are endless, whether you're an experienced investor looking for you next project or a buyer

    Yanni Georgas RE/MAX RESULTS

    818 Allen Ave, Rapid City, SD 57701
  • /16

    $1,134,300

    • Land
    • 2.17 Acres
    • $522,719 per Acre

    Lot A S Valley Dr, Rapid City, SD 57703

    Prime 2.17-Acre Commercial Lot, ready for Development in Rapid Valley, SD Strategically positioned at a high-visibility, signalized 4-way intersection, this 2.17-acre general commercial lot is grade-ready and primed for your next retail, service, or mixed-use project. The property boasts 638 linear feet of combined frontage along S. Valley Drive and E. St. Patrick Street, ensuring exceptional

    Randy Olivier RE/MAX Advantage

    Lot A S Valley Dr, Rapid City, SD 57703
  • /3

    $135,000

    $35K PRICE DROP
    • 6 Beds

    421 Spruce St, Rapid City, SD 57701

    Listed by Charlea Svenson, Engel & Völkers Black Hills, 605.545.5605. Investment opportunity featuring two homes on one lot! This property includes 421 Spruce, a 4 bedroom, 2 bath home, and 415 Spruce, a 2 bedroom, 1 bath home. Repairs and renovations are needed, making this a wonderful opportunity for investors, contractors or buyers looking for a value-add project. Property is being sold AS-IS.

    CHARLEA SVENSON Engel & Völkers

    421 Spruce St, Rapid City, SD 57701
  • /26

    $334,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,748 Sq Ft

    320 St Charles St, Rapid City, SD 57701

    Wonderful 4-bedroom home featuring TWO detached garages, fabulous outdoor decks, and a remodeled basement! Numerous recent updates make this home move-in ready and even more appealing. The main level welcomes you with beautiful hardwood floors and abundant natural light flowing throughout the spacious living areas. The remodeled kitchen features a new tile floor, countertops, sink and fixture,

    Heath Gran GREAT PEAKS REALTY MUNRO & GRAN

    320 St Charles St, Rapid City, SD 57701
  • /2

    $285,000

    • 4 Beds

    820 Blaine Ave, Rapid City, SD 57701

    View this investment property today! Outstanding long term investment performance with low vacancy rates, maintenance free siding, fenced yards both front and back, 24x24 detached garage with alley access, off-street parking and secured leases until 2027. Potential seller financing in the form of a 2nd mortgage to help reduce the down payment requirement may be available to qualified buyers.

    Tony Marshall CINC REALTY LLC

    820 Blaine Ave, Rapid City, SD 57701
  • /48

    $1,625,000

    $140K PRICE DROP
    • 6 Beds
    • 4.5 Baths
    • 4,351 Sq Ft

    13365 Silver Mountain Rd, Rapid City, SD 57702

    Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Welcome to 13365 Silver Mountain Rd! You won’t want to miss this stunning custom-built cabin-style home nestled on 3.66 acres in the heart of the Black Hills. Offering over 4,000 sq ft of living space, this impressive 3-story home features 6 bedrooms, 4 full bathrooms, an attached garage, and a detached garage with additional living

    TJ Wojtanowicz Black Hills SD Realty

    13365 Silver Mountain Rd, Rapid City, SD 57702
  • /18

    $710,000

    • Land
    • 1.63 Acres
    • $435,583 per Acre

    3610-A Eglin St, Rapid City, SD 57703

    Lot A. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key

    Randy Olivier RE/MAX ADVANTAGE

    3610-A Eglin St, Rapid City, SD 57703
  • /8

    $65,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    338 Saint Cloud St, Rapid City, SD 57701

    Interesting Investment & Value-Add Opportunity! This 2-bedroom home offers potential for an investor, rehabber, or buyer looking for a project in a convenient location near the hospital and downtown. The property requires significant work and is being offered strictly as-is. Utilities are currently off, and buyers should conduct their own due diligence regarding the condition of the property and

    Scott Henrikson KELLER WILLIAMS REALTY BLACK HILLS

    338 Saint Cloud St, Rapid City, SD 57701
  • /20

    $285,000

    $10K PRICE DROP
    • 4 Beds

    3417 W Rapid St, Rapid City, SD 57702

    Listed by Rich Hegre Engel & Volkers 605-381-RICH(7424) This is a great opportunity to own a west side investment property. This duplex is fully rented with great income. Zero vacancy for over 3 years, gives you peace of mind knowing you will have income.

    Rich Hegre Engel & Völkers

    3417 W Rapid St, Rapid City, SD 57702
  • /26

    $245,000

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,928 Sq Ft

    611 Saint Patrick St, Rapid City, SD 57701

    Listed by Shauna Sheets, KWBH, 605-545-5430. **MOTIVATED SELLER!!** Calling first time home buyers, DIY dreamers or investment property flippers, this ranch style home offers flexibility, value and opportunity for easy instant equity! Offering flexible living options, the main level is filled with great natural light and features beautiful wood floors, a welcoming living room with a wood-burning

    Shauna Sheets Keller Williams Realty Black Hills SP

    611 Saint Patrick St, Rapid City, SD 57701
  • /9

    $259,000

    $20K PRICE DROP
    • 3 Beds

    1235 Hill St Unit & 1235 1/2 Hill Stre, Rapid City, SD 57701

    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

    1235 Hill St Unit & 1235 1/2 Hill Stre, Rapid City, SD 57701
  • /8

    $169,900

    $5K PRICE DROP
    • Land
    • 20,037 Sq Ft
    • $369,348 per Acre

    TBD Lot 15 Villaggio Ln, Rapid City, SD 57702

    Listed by Shauna Sheets, KWBH, 605-545-5430. Nestled in the picturesque 'Villaggio at Golden Eagle' neighborhood, this .46-acre lot is one of the few remaining build sites in this desirable southwest Rapid City location! This gently sloping lot faces est and has mature trees along the edge, natural rock formations and great views to the northeast *Current owner had house plans drawn up (contact

    Shauna Sheets Keller Williams Realty Black Hills SP

    TBD Lot 15 Villaggio Ln, Rapid City, SD 57702
  • /2

    $275,000

    • 4 Beds

    819 Blaine Ave, Rapid City, SD 57701

    Listed by Tony Marshall, CINC Realty, 605-391-8669. Well maintained duplex offering a solid and high performing investment opportunity. The upper unit features two spacious bedrooms, a full bath, a bright living room, and a kitchen with in unit laundry. A walkout deck off the kitchen provides excellent outdoor space. The walkout lower unit features abundant light with two bedrooms, a full bath,

    Tony Marshall CINC REALTY LLC

    819 Blaine Ave, Rapid City, SD 57701
  • /10

    $42,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    1702 E Hwy 44 Unit LOT 77, Rapid City, SD 57703

    Brookdale Estates LOT 77 - 16x80 - 3 Bed 2 Bath! Listed by Drew Yeoman | Black Hills Realty | 605-484-5392 Personal or Investment opportunity in Brookdale Estates! Whether you're a buyer looking for your new home or an investor looking to add an individual rental to your portfolio, or seeking a larger investment package, this offering provides the flexibility to build the purchase that best fits

    Drew Yeoman BLACK HILLS REALTY

    1702 E Hwy 44 Unit LOT 77, Rapid City, SD 57703
  • /14

    $3,279,000

    • Land
    • 18.14 Acres
    • $180,761 per Acre

    1046 Endeavour Blvd, Rapid City, SD 57719

    18.14 acres zoned General Commercial with easy access to Interstate 90. This is an amazing investment opportunity in a prime location with great visibility, high density traffic and 850' of frontage along Highway 16 bypass (Elk Vale Rd). Another bonus is the property sits just South of a major intersection (Elk Vale Rd & Cheyenne Blvd.) for even more visibility with an easy entrance and exit.

    Jeff Larsen SKYLINE PROPERTIES AND REALTY

    1046 Endeavour Blvd, Rapid City, SD 57719

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