51 Unit affordable apartment community located in desirable northwest Rapid City. This property has a mix of one, two and three bedroom units with a unique townhome style layout across 11 buildings. 15 apartments were recently remodeled to include new cabinetry, flooring, lighting and appliances. Very well maintained buildings with all new roofs installed in 2019. All 2BD and 3BD units include washers/dryers in the units and the 1BD building has common laundry facilities on the lower level. LIHTC covenants are in place through 2033. New market rates will be going into effect in August 2023 (estimated 10% increase). The property has a long history of strong occupancy with onsite property manager and maintenance. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489
Sold for $2,650,000
$2,650,000
215 Kinney Ave, Rapid City, SD 57702
6beds
--baths
36,517sqft
Multi Family
Built in ----
-- sqft lot
$3,324,900 Zestimate®
$73/sqft
$1,925 Estimated rent
Home value
$3,324,900
$2.66M - $4.16M
$1,925/mo
Zestimate® history
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$13,434/mo
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List your homeWhat's special
Unique townhome style layoutCommon laundry facilitiesNew cabinetryNew roofs installed
Zillow last checked:
Listing updated:
Listed by:
Christopher Long,
Keller Williams Realty Black Hills RC
Bought with:
NON MEMBER
NON-MEMBER OFFICE
Source: Mount Rushmore Area AOR,MLS#: 76364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Natural Gas, Forced Air
Cooling
- Wall Evap., Refrig. C/Air
Appliances
- Included: Dishwasher, Refrigerator, Electric Range Oven, Washer, Dryer
Interior area
- Total structure area: 36,517
- Total interior livable area: 36,517 sqft
Property
Parking
- Parking features: Paved
Features
- Entry location: Community Entrance,Private Entrance
Lot
- Size: 2.67 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Community & HOA
Community
- Subdivision: Owen Mann
Location
- Region: Rapid City
Financial & listing details
- Price per square foot: $73/sqft
- Date on market: 6/1/2023
- Lease term: Month To Month,12 Months
- Tenant pays: Gas/Electric
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2023 | Sold | $2,650,000-7.8%$73/sqft |
Source:  Mount Rushmore Area AOR #76364 Report a problem | ||
| 6/26/2023 | Contingent | $2,875,000$79/sqft |
Source:  Black Hills AOR #164006 Report a problem | ||
| 6/1/2023 | Listed for sale | $2,875,000$79/sqft |
Source: Black Hills AOR #164006 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 57702
Nearby homes
- $--1 bd1 ba-- sqft215 Kinney Ave #776F18CCB, Rapid City, SD 57702Off Market
- $--2 bd2 ba-- sqft215 Kinney Ave #F320A52C6, Rapid City, SD 57702Off Market
- $--1 bd1 ba-- sqft215 Kinney Ave #1, Rapid City, SD 57702Off Market
- $204,2002 bd1 ba964 sqft228 Federal Ave, Rapid City, SD 57702Off Market
- $224,6002 bd1 ba1k sqft226 Federal Ave, Rapid City, SD 57702Off Market
- $225,7002 bd1 ba1k sqft230 Federal Ave, Rapid City, SD 57702Off Market
- $226,8002 bd2 ba1k sqft224 Federal Ave, Rapid City, SD 57702Off Market
- $224,8002 bd2 ba1k sqft232 Federal Ave, Rapid City, SD 57702Off Market
Nearby schools
GreatSchools rating
- 7/10South Canyon Elementary - 15Grades: K-5Distance: 0.6 mi
- 5/10West Middle School - 37Grades: 6-8Distance: 0.6 mi
- 5/10Stevens High School - 42Grades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Rapid City
Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- South Dakota
- Pennington County
- Rapid City
- 57702
- 215 Kinney Ave
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