For sale

$219,000

722 5th St, Rapid City, SD 57701

2beds

1,536sqft

$1,415/mo

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Site Built

Built in 1947

3,484 Square Feet Lot

$209,300 Zestimate^®

$143/sqft

$-- HOA

What's special

Older home in the downtown core, this home is currently used as a rental home but could be converted into commercial use, would be great for an office does need some work but priced accordingly.

15 days

523

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 143
Dimensions: 13 x 11

Bedroom 2

Level: Main
Area: 110
Dimensions: 11 x 10

Dining room

Level: Main

Kitchen

Level: Main
Dimensions: 12 x 8

Living room

Level: Main
Area: 240
Dimensions: 20 x 12

Heating

Natural Gas, Forced Air

Cooling

Window Evap.

Appliances

Included: Refrigerator, Electric Range Oven
Laundry: In Basement

Features

Flooring: Wood, Vinyl
Windows: Wood Frames, Single Hung, Window Coverings(Some)
Basement: Full,Unfinished
Number of fireplaces: 1
Fireplace features: None

Interior area

Total structure area: 1,536
Total interior livable area: 1,536 sqft

Property

Parking

Total spaces: 1
Parking features: One Car, Detached
Garage spaces: 1

Features

Patio & porch: Open Deck
Fencing: Chain Link

Lot

Size: 3,484 Square Feet
Features: Lawn, Rock, Trees

Details

Parcel number: 3701177010

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Site Built

Materials

Frame
Foundation: Poured Concrete Fd.
Roof: Composition

Condition

Year built: 1947

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Original Town of Rapid City

HOA

Amenities included: None
Services included: None

Location

Region: Rapid City

Financial & listing details

Price per square foot: $143/sqft
Tax assessed value: $161,400
Annual tax amount: $2,115
Date on market: 8/3/2026
Listing terms: Cash,New Loan,FHA,VA Loan
Road surface type: Paved

Estimated market value

$209,300

$199,000 - $220,000

$1,358/mo

Price history

Date	Event	Price
8/3/2026	Listed for sale	$219,000$143/sqft
Source: Black Hills AOR #180303 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,115 +0.2%	$161,400 +3.8%
2024	$2,110 +23.9%	$155,500 +3.7%
2023	$1,702 +4.2%	$149,900 +33.7%
2022	$1,633	$112,100 +13.5%
2021	--	$98,800 +18%
2020	$1,430 -0.1%	$83,700 +1.5%
2019	$1,431 -0.8%	$82,500
2018	$1,442 -4.9%	$82,500 -7.3%
2017	$1,516	$89,000 +19.5%
2016	$1,516 +4.8%	$74,500 -2.1%
2015	$1,447	$76,100 +0.9%
2014	$1,447	$75,400 +5.2%
2012	--	$71,700

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 57701

Getting around

84 / 100

Very Walkable

59 / 100

Bikeable

Nearby schools

GreatSchools rating

5/10
Woodrow Wilson Elementary - 17
Grades: K-5Distance: 0.7 mi
3/10
South Middle School - 36
Grades: 6-8Distance: 1.1 mi
2/10
Central High School - 41
Grades: 9-12Distance: 0.8 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.