626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo
626 N 1st, Rapid City, SD 57701 Photo

28 Total Photos [Click to View All]

626 N 1st Rapid City, SD 57701
$925,000
Active / MLS# 178594 / Multi Unit - Multiple / Rapid City
0 Beds

Excellent investment! Opportunity zone for long-term investors in Rapid City! This 8-unit multifamily apartment building features all 2-bedroom, 1-bathroom units - a highly desirable and consistent rental layout. The property is fully sprinkled and includes an exterior sprinkler system for added safety and functionality. The roof and siding have been replaced recently. Extensive exterior renovations have been completed, enhancing both curb appeal and long-term durability. All units have been renovated, with two units updated within the last year. The building maintains a strong occupancy history, with vacancy rates historically ranging between 0-5%, demonstrating solid rental demand and stability. Two shared coin-operated laundry units are located in the common area, providing additional income potential. This turnkey asset offers consistent unit mix, modernized interiors, and proven performance - making it a strong addition to any investor's portfolio. Listed by Josiah LaFrance- L'Avance Real Estate and Capital 605-786-3098

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Mortgage Calculator

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,325.35 per month $2,055.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $269.79 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Home Style: Multiplex
Lot Size: 0
Year Built: 2003

Feature Descriptions

Lot Dimensions: .17
Parking Notes: Paved
Units: 8

Listed By / Shown By

Listed By

Agency Name: L'AVANCE CAPITAL AND REAL ESTATE
Agency Phone: 605-786-3098
Agent Name: JOSIAH LAFRANCE

Shown By

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

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