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Off market
  • Zillow Home logoZestimate®
    $255,637

    1616 1st St, Rapid City, SD 57701

    5beds
    1,125sqft
    MultiFamily
    Built in 1948
    -- sqft lot
    $255,637 Zestimate®
    $227/sqft
    $1,224 Estimated rent

    Home value

    $255,637

    $238,000 - $274,000

    $1,224/mo

    Zestimate® history
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    $1,224/mo

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    $1,296/mo

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    $1,296/mo

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    What's special

    Amazing opportunity to build some sweat equity in the unfinished basement! This wonderful ranch style home has TONS of updates to include: New Gas Furnace in 2017, New Hot Water Heater in 2017, New Water Lines run thru home in 2017, Upgraded Electrical Panel in 2018, New Roof in 2018, New Windows in 2018, New Refrigerator in 2018, New Air Conditioner installed in 2019, Newly painted outside 2020 with New Gutters in 2020. Owners have separated the upstairs and basement on separate electric meters, Laundry hookups available upstairs and in basement and the basement has its own private entrance! Newer flooring upstairs and a completely remodeled and renovated bathroom upstairs!! Plenty of space to add a garage or shop in the backyard with great alley access and a very heavy duty shed is already in place in the backyard for extra storage! You don't want to miss out on all of the great features of this wonderful home!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,125 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off-street
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 3701452002

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1948

    Community & HOA

    Location
    • Region: Rapid City

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $265,700
    • Annual tax amount: $2,618

    Price history

    DateEventPrice
    10/9/2026Listing removed$287,400$255/sqft
    Source: Black Hills AOR #178958 Report a problem
    7/13/2026Contingent$287,400$255/sqft
    Source: Mount Rushmore Area AOR #88625 Report a problem
    6/13/2026Listed for sale$287,400$255/sqft
    Source: Black Hills AOR #178958 Report a problem
    6/7/2026Contingent$287,400$255/sqft
    Source: Black Hills AOR #178958 Report a problem
    5/22/2026Price change$287,400-0.9%$255/sqft
    Source: Black Hills AOR #178958 Report a problem
    5/10/2026Listed for sale$289,900+28.9%$258/sqft
    Source: Mount Rushmore Area AOR #88625 Report a problem
    5/22/2021Listing removed--
    Source: My State MLS Report a problem
    3/26/2021Pending sale$224,900$200/sqft
    Source: My State MLS #10958053 Report a problem
    12/6/2020Listed for sale$224,900+368.5%$200/sqft
    Source: Gold Key Realty and Auctions, LLC #10958053 Report a problem
    2/26/2020Listing removed$895$1/sqft
    Source: Kahler Property Management Report a problem
    2/24/2020Listed for rent$895$1/sqft
    Source: Kahler Property Management Report a problem
    3/28/2017Listing removed$48,000$43/sqft
    Source: Homepath #131919 Report a problem
    2/21/2017Listed for sale$48,000$43/sqft
    Source: Homepath #131919 Report a problem
    2/21/2017Pending sale$48,000$43/sqft
    Source: Homepath #131919 Report a problem
    2/18/2017Price change$48,000-5.9%$43/sqft
    Source: Homepath #131919 Report a problem
    1/18/2017Listed for sale$51,000$45/sqft
    Source: Homepath #131919 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,618 +3.6%$265,700 +12.5%
    2024$2,528 +15.5%$236,200 +6%
    2023$2,189 +61.3%$222,900 +25.4%
    2022$1,357 $177,800 +116.6%
    2021-- $82,100 +1.1%
    2020$1,387 +4.8%$81,200 +7.4%
    2019$1,323 +48%$75,600 +50.3%
    2018$894 +3.9%$50,300 +1.4%
    2017$860 $49,600 -56.6%
    2016$860 -50.9%$114,400 -2.4%
    2015$1,750 $117,200 +2.4%
    2014$1,750 $114,400 +11.2%
    2012-- $102,900
    Find assessor info on the county website

    Neighborhood: 57701

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Rapid City Area School District 51-4

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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