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$219,000

For Sale

14 days ago

722 Silver St, Rapid City, SD

House

MLS® 181152

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 14
Lot Size 
Approx. Age 1946
MLS® Number 181152

Property Address: 722 Silver St, Rapid city, SD, 57701

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

Description

This legal nonconforming up/down duplex with a walk-out basement has been recently updated with a new roof & hot water heater in 2025 & a new basement wall heater in 2024. Unit 1 upstairs features 2 bedrooms, 3 off-street parking spaces, and a fenced front & side yard. Unit 2 downstairs features 1 bedroom, lots of extra storage, 2 off-alley parking spaces, and a fenced back yard. There is no interior stairway connecting the two units, but the rent from unit 2 could offset a substantial portion of the mortgage for anyone wanting to live in unit 1. Unit 1 tenants are leaving by 9/30/26, but have paid $940/mo the past 2 years; unit 2 tenant (Section 8 subsidized) would like to stay with her 2 cats and currently pays $825/mo (including $60/mo in pet rent). Both units have laundry hookups, but tenants supply their own washer & dryer. Upstairs tenant owns the window AC units, but downstairs window AC unit conveys with purchase. Actual income & expenses for 2025 are listed, but current rents are below market rates to minimize vacancy. Seller is willing to consider concessions to the Buyer. Listing Agent is an officer of the LLC holding this property.
MLS® Number181152
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1946
Basement
DrivewayAssigned, See Remarks
Garage Spaces
HeatForced Air, Natural Gas, Wall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 23, 2026List Date
$219,000List Price
  • Commute

Commute

Starting Address
Destination Address
722 Silver St, Rapid City, SD

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