For sale

$219,000

722 5th St, Rapid City, SD 57701

2beds

768sqft

$1,563/mo

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Single Family Residence

Built in 1947

3,484 Square Feet Lot

$208,700 Zestimate^®

$285/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.

61 days
239
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Shower and Tub

Dining room

Features: Combination

Heating

Forced Air

Features

Flooring: Hardwood
Has basement: Yes
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,536
Total interior livable area: 768 sqft

Property

Parking

Total spaces: 1
Parking features: One Car, Detached
Garage spaces: 1
Has uncovered spaces: Yes
Details: Garage Size(20x18), Driveway Exposure(West)

Features

Fencing: Chain Link,Back Yard
Has view: Yes
View description: City

Lot

Size: 3,484 Square Feet
Features: Level

Details

Parcel number: 3701177010

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1947

Community & HOA

Community

Subdivision: Other

HOA

Amenities included: None
Services included: None

Location

Region: Rapid City

Financial & listing details

Price per square foot: $285/sqft
Tax assessed value: $161,400
Annual tax amount: $2,115
Date on market: 8/3/2026

Estimated market value

$208,700

$198,000 - $219,000

$1,323/mo

Price history

Date	Event	Price
8/3/2026	Listed for sale	$219,000$285/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

85 / 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: Black Hills AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.