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.
For sale
$2,311,000
1 Other, Rapid City, SD 57701
--beds
--baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fenced yardsMultiple storage shedsRaised ranch designs
- 51 days
- 142
- 3
Zillow last checked:
Listing updated:
Listed by:
TONY MARSHALL 605-391-8669,
CINC REALTY LLC
Source: Black Hills AOR,MLS#: 179999
Facts & features
Interior
Heating
- Electric, Forced Air, Baseboard
Cooling
- Electric, None, Wall Unit(s)
Features
- LR/DR Combo, Common Utility Room, Storage
- Windows: Window Coverings
- Basement: Finished,Crawl Space,Walk-Out Access
- Furnished: Yes
Property
Parking
- Parking features: Garage, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Entry location: More Than One/Unit
- Exterior features: Private Entrance
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Features: Corner Lot, Level, Interior Lot, Rolling Slope
Details
- Zoning description: Unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Hardboard, Metal/Vinyl
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Master Meters, Separate Meters
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Other
Location
- Region: Rapid City
Financial & listing details
- Date on market: 7/14/2026
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
$906/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $2,311,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







