Skip main navigation
For sale
  • $2,311,000

    1 Other, Rapid City, SD 57701

    --beds
    --baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fenced yardsMultiple storage shedsRaised ranch designs
    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.
    5 days
    |
    132
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    TONY MARSHALL 605-391-8669,

    CINC REALTY LLC

    Source: Black Hills AOR,MLS#: 179999MLS Logo

    Loading...

      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

        Not available

        Price history

        DateEventPrice
        7/14/2026Listed for sale$2,311,000
        Source: Black Hills AOR #179999 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 57701

        Getting around

        43 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes