Listed by Charlea Svenson, Engel & Völkers Black Hills, 605.545.5605. Investment opportunity featuring two homes on one lot! This property includes 421 Spruce, a 4 bedroom, 2 bath home, and 415 Spruce, a 2 bedroom, 1 bath home. Repairs and renovations are needed, making this a wonderful opportunity for investors, contractors or buyers looking for a value-add project. Property is being sold AS-IS. With two separate residences on one lot, the property offers excellent potential for rental income, multigenerational living, or resale after renovation.
For sale
Price cut: $5K (8/18)
$145,000
421 Spruce St, Rapid City, SD 57701
--beds
--baths
--sqft
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days
- 245
- 10
Zillow last checked:
Listing updated:
Listed by:
CHARLEA SVENSON 605-545-5605,
ENGEL & VOELKERS BLACK HILLS, LLC
Source: Black Hills AOR,MLS#: 179925
Facts & features
Interior
Heating
- Electric
Cooling
- None
Features
- Family Room, Kit/DR Combo
- Has basement: Yes
Property
Parking
- Parking features: See Remarks
Features
- Exterior features: Private Entrance
- Has view: Yes
- View description: City
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Parcel number: 2131408006
- Zoning description: Non-conforming
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1946
Community & HOA
Community
- Security: None
- Subdivision: North Rapid
Location
- Region: Rapid City
Financial & listing details
- Tax assessed value: $194,200
- Annual tax amount: $2,376
- Date on market: 7/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,394/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $145,000-3.3% |
Source:  Black Hills AOR #179925 Report a problem | ||
| 8/15/2026 | Listed for sale | $150,000 |
Source: Black Hills AOR #179925 Report a problem | ||
| 8/2/2026 | Contingent | $150,000 |
Source: Black Hills AOR #179925 Report a problem | ||
| 7/23/2026 | Price change | $150,000-11.8% |
Source: Black Hills AOR #179925 Report a problem | ||
| 7/9/2026 | Price change | $170,000+7.9% |
Source: Black Hills AOR #179925 Report a problem | ||
| 2/23/2019 | Pending sale | $157,500 |
Source: EXIT REALTY BLACK HILLS #141439 Report a problem | ||
| 11/8/2018 | Listed for sale | $157,500 |
Source: EXIT REALTY BLACK HILLS #141439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,376 +3.8% | $194,200 -4.1% |
| 2024 | $2,290 +10.9% | $202,500 |
| 2023 | $2,065 +14.8% | -- |
| 2022 | $1,799 | $158,200 +19.2% |
| 2021 | -- | $132,700 +2.7% |
| 2020 | $1,808 -15.6% | $129,200 +5.1% |
| 2019 | $2,143 +2.8% | $122,900 +3.6% |
| 2018 | $2,085 +7.1% | $118,600 +4.5% |
| 2017 | $1,947 | $113,500 -2.5% |
| 2016 | $1,947 -13.9% | $116,400 -1.7% |
| 2015 | $2,261 | $118,400 +4.3% |
| 2014 | $2,261 | $113,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 57701
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