626 N 1St | Image 1
New
626 N 1St | Image 2
626 N 1St | Image 3
626 N 1St | Image 4
626 N 1St | Image 5
626 N 1St | Image 6
626 N 1St | Image 7

$925,000

For Sale

7 hours ago

626 N 1St, Rapid City, SD

House

MLS® 178594

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 2003
MLS® Number 178594

Property Address: 626 N 1st, Rapid City, SD, 57701

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment! Opportunity zone for long-term investors 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, enhancing both curb appeal and long-term durability. All units have been renovated, with two units updated within the last year. The building maintains a strong occupancy history, with vacancy rates historically ranging between 0–5%, demonstrating solid rental demand and stability. Two shared coin-operated laundry units are located in the common area, providing additional income potential. This turnkey asset offers consistent unit mix, modernized interiors, and proven performance — making it a strong addition to any investor’s portfolio. Listed by Josiah LaFrance- L'Avance Real Estate and Capital 605-786-3098
MLS® Number178594
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2003
Basement
DrivewayPaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
626 N 1St, Rapid City, SD

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties