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

Listed by TJ Wojtanowicz | Black Hills Realty | 605-863-1920. Affordable and move-in ready! Welcome to 5240 Coal Bank Dr in Rapid City—this well-maintained 3-level home offers 3 bedrooms, 2 full bathrooms, and an attached 2-car garage. The functional multi-level layout provides an open main living area with great natural light, while the upper and lower levels offer comfortable separation of

TJ Wojtanowicz BLACK HILLS REALTY

Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Exceptional investment opportunity in Rapid City! This 16-unit multifamily property located at 1920 & 1930 Monte Vista Drive features all 2-bedroom, 2-bath units, each offering a functional layout with private patio or deck space. The property shows strong, consistent rental performance with average rents of $1,300 per unit, providing

TJ Wojtanowicz Black Hills SD Realty

Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Exceptional investment opportunity in Rapid City! This 16-unit multifamily property located at 1920 & 1930 Monte Vista Drive features all 2-bedroom, 2-bath units, each offering a functional layout with private patio or deck space. The property shows strong, consistent rental performance with average rents of $1,300 per unit, providing

TJ Wojtanowicz BLACK HILLS REALTY

Listed by Pete Jensen, KWBH, 605-484-6713. Great opportunity to add your investment porfolio- 8 unit apartment complex in central Rapid City with impressive occupancy rate and consistent rental history! Built in 2005, the building has 4 units on the upper level and 4 units on ground level, with a private parking lot. Ground level units are zero-entry for great accessibilty. Upper levels are

Peter Jensen Keller Williams Realty Black Hills SP

Welcome to this nicely updated home in Southeast Rapid City! This charming 2-bedroom, 1-bath gem features newer siding and central AC—offering comfort, efficiency, and peace of mind. Step inside to find a bright and inviting living space that’s been lovingly maintained. Outside, enjoy the patio with privacy screen, the convenience of a detached garage, and a nicely sized yard perfect for relaxing

Jaima Knutson Re/Max Results

Welcome to this nicely updated home in Southeast Rapid City! This charming 2-bedroom, 1-bath gem features newer siding and central AC—offering comfort, efficiency, and peace of mind. Step inside to find a bright and inviting living space that’s been lovingly maintained. Outside, enjoy the patio with privacy screen, the convenience of a detached garage, and a nicely sized yard perfect for relaxing

Jaima Knutson RE/MAX RESULTS

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 REALTY

Do NOT miss out on this opportunity! Side-by-side duplex, each unit with 2 bedrooms, 1 bathroom, full kitchen with all appliances, laundry hook ups (tenant appliances), access to their own fenced yard, and they each have their own detached oversize 1-car garage! All on a large corner lot! Rents are low for a friend of the owner and one unit will be opening soon. Affordable housing is on short

Amy Hook RE/MAX ADVANTAGE

10 E Quincy Street | Rapid City, SD | 8-Unit Multifamily Investment | Listed by Lori Barnett | Engel & Völkers Black Hills | 605.786.5817 Located minutes from the South Dakota School of Mines & Technology and downtown Rapid City, this 8-unit, non-conforming multifamily property is a compelling acquisition for investors building a Black Hills real estate portfolio. Situated in Rapid City's city

Lori Barnett Engel & Völkers Black Hills Spearfish

Excellent investment opportunity in Rapid City! This 8-unit multifamily apartment building features all 2-bedroom, 1-bathroom units — a highly desirable and consistent rental layout. The property is fully sprinkled and includes an exterior sprinkler system for added safety and functionality. The roof and siding have been replaced recently. Extensive exterior renovations have been completed,

Josiah LaFrance Blair Allen Luxury Real Estate LLC

This perfectly located vertical tri-plex sits within walking distance of downtown. All 3 units offer 2 beds, 1 bath, in unit laundry, and separate electric and gas meters. An abundance of off street parking for tenants. Some units have recent updates including windows, flooring, appliances, and so much more! This investment opportunity would be perfect for a first time investor looking to live in

CAMERON CUMMINGS COLDWELL BANKER BLACK HILLS LEGACY

Listed by Stacey Nelson 605-390-9028. 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

Stacey Nelson RE/MAX RESULTS

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

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

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

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

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

Excellent investment opportunity with this well-maintained up and down legally conforming duplex featuring Two 674 square foot units each with2 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, INC.

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

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