PRICED TO SELL! BUILT IN 2007. Listed by Tony Marshall, CINC Realty, 605-391-8669. Well performing investment property with each unit nearly 900 sqft + 2 CAR GARAGE. Rents are $1,350 for the upstairs and the RAISED RANCH basement was recently rented for $1,435 which includes rent for the 2 car garage. Landlord pays for water and the tenants pay the rest. There are multiple other income properties that could potentially be sold with this property. Some seller financing terms may be possible.
For sale
Price cut: $40K (8/19)
$285,000
109 E Monroe St, Rapid City, SD 57701
--beds
--baths
--sqft
Duplex
Built in 2007
-- sqft lot
$280,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 86 days
- 123
- 7
Zillow last checked:
Listing updated:
Listed by:
TONY MARSHALL 605-391-8669,
CINC REALTY LLC
Source: Black Hills AOR,MLS#: 179440
Facts & features
Interior
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Features
- Has basement: Yes
Video & virtual tour
Property
Parking
- Parking features: On Street, Off Site, Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Entry location: Community Entrance
- Exterior features: Balcony/Deck, Private Entrance
- Has view: Yes
- View description: City
Lot
- Size: 5,227 Square Feet
- Features: Level
Details
- Parcel number: 2131153020
- Zoning description: Unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 2007
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Wise Add
Location
- Region: Rapid City
Financial & listing details
- Tax assessed value: $232,800
- Annual tax amount: $2,785
- Date on market: 6/10/2026
- Lease term: 12 Months
Estimated market value
$280,500
$266,000 - $295,000
$1,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $285,000-12.3% |
Source:  Black Hills AOR #179440 Report a problem | ||
| 6/10/2026 | Listed for sale | $325,000 |
Source: Black Hills AOR #179440 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,785 -14% | $232,800 +13.7% |
| 2024 | $3,240 +15.3% | $204,800 -11% |
| 2023 | $2,809 +10.9% | $230,200 +24.4% |
| 2022 | $2,533 | $185,000 +20.8% |
| 2021 | -- | $153,200 +4.1% |
| 2020 | $2,515 +4.7% | $147,200 +6.2% |
| 2019 | $2,403 -0.2% | $138,600 +0.6% |
| 2018 | $2,408 -12.5% | $137,800 -14.7% |
| 2017 | $2,750 | $161,600 +4.1% |
| 2016 | $2,750 -12.2% | $155,200 -6% |
| 2015 | $3,132 | $165,100 +7.1% |
| 2014 | $3,132 | $154,200 +7.9% |
| 2012 | -- | $142,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 57701
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