1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo
1 Other, Rapid City, SD 57701 Photo

9 Total Photos [Click to View All]

1 Other Rapid City, SD 57701
$2,311,000
Active / MLS# 179999 / Multi Unit - Multiple / Rapid City
0 Beds

Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex-all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.

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Mortgage Calculator

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Estimated Payment

$ 5,809.60 per month $5,135.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $674.04 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Lot Size: varies
Year Built: 1950

Feature Descriptions

Lot Dimensions: varies
Parking Notes: Garage, Street
Units: 17

Listed By / Shown By

Listed By

Agency Name: CINC REALTY LLC
Agent Name: TONY MARSHALL
Agency Phone: 605-391-8669

Shown By

Agency Title: The Experience Real Estate, Inc.
Agency Phone: 605-940-5544

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