Listed price in listed location currency (USD).
$2,311,000

000

MLS® 179999

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 1
Lot Size 
Approx. Age 1950
MLS® Number 179999

Property Address: 1 Other, Rapid city, SD, 57701

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

Description

Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex—all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.
MLS® Number179999
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
DrivewayGarage, Street
Garage Spaces
HeatElectric, Forced Air, Natural Gas, Baseboard, Cove
A/CElectric, None, Wall

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 14, 2026List Date
$2,311,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Other, Rapid City, SD

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