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Browse All Rapid City SD Between $400K - $500K Properties for Sale

$419,900
3 Beds ⋅ 2 Baths ⋅ 86775 MLS
Welcome home to this beautifully finished split-foyer residence inRapid Valley offering modern style, thoughtful upgrades, and everyday comfort. The bright, open-concept main level connects the living, dining, and kitchen spaces, creating an ideal layout for entertaining or relaxing. The kitchen features quartz countertops, a tiled backsplash, under-cabinet lighting, and a center island, all complemented by durable LVP flooring throughout the main living areas. The private primary suite includes a fully tiled walk-in shower and generous closet space. Additional highlights include a sleek metal railing and energy-efficient Andersen® 100 Series windows that enhance natural light and comfort. With two spacious bedrooms and two full baths on the main level, the floorplan is flexible for families, guests, or a home office. Step outside to the oversized back deck with stairs, perfect for outdoor dining or morning coffee while enjoying beautiful views of the Black Hills. A 3-car garage provides ample parking, storage, or workspace—ideal for vehicles, tools, and recreational gear. Located in a friendly neighborhood with quick access to schools, shopping, and commuter routes, this home delivers convenience and quality. Modern finishes, thoughtful craftsmanship, and scenic views make this Rapid Valley property a must-see.

5328 Silverton Street, Rapid City
$450,000
86686 MLS
Corner commercial property along Highway 44, currently used as a car lot. The 1,920 SF building on a 0.33-acre paved lot includes a 1,275 SF showroom, 570 SF garage/service bay, 10’×7’ exterior overhead door, and a 9’8”×6’9” interior overhead door. The heated, air-conditioned interior is suited for showroom or service use. Renovated inside and out in 2022, the building features a metal roof and a flexible layout adaptable for automotive, retail, or office operations. Highway 44 frontage at Valley Drive provides 16,014 vehicles per day (2024 MPO count) and strong corner visibility. The planned Valley Drive extension through Shepard Hills will improve access and increase traffic in this growing east Rapid City corridor.

1585 Valley Drive, Rapid City
$450,000
176477 MLS
Corner commercial property along Highway 44, currently used as a car lot. The 1,920 SF building on a 0.33-acre paved lot includes a 1,275 SF showroom, 570 SF garage/service bay, 10’×7’ exterior overhead door, and a 9’8”×6’9” interior overhead door. The heated, air-conditioned interior is suited for showroom or service use. Renovated inside and out in 2022, the building features a metal roof and a flexible layout adaptable for automotive, retail, or office operations. Highway 44 frontage at Valley Drive provides 16,014 vehicles per day (2024 MPO count) and strong corner visibility. The planned Valley Drive extension through Shepard Hills will improve access and increase traffic in this growing east Rapid City corridor.

1585 Valley Dr, Rapid City
$499,000
3 Beds ⋅ 2 Baths ⋅ 86250 MLS
One level living at its finest just off of the Rapid City Executive Golf Course. Upon entering the home you are greeted with a large foyer with recessed lighting and curved ceiling. The space opens up to a vast family room with a gas fireplace, vaulted ceilings and luxury plank flooring. The formal dining area has a sliding glass door that leads you to a private patio space and backyard. The classic white kitchen boasts granite countertops, tile backsplash, stainless steel appliances and functional design. Beyond the kitchen is the laundry room, with sink, mud room and access to the attached 2 car garage. The primary bedroom with tray ceiling includes an en suite with tiled shower, double vanity and walk in closet. The house also includes 2 additional bedrooms and another full bathroom. The HOA does provide snow removal, lawn and road maintenance. The location is close to downtown and the interstate.

1114 Settlers Creek Place, Rapid City
$469,000
2 Beds ⋅ 2 Baths ⋅ 86163 MLS
Listed by Jeremy Kahler, KWBH, 605-381-7500. Custom built, raised ranch style home with smart upgrades, on a gently sloping 1 acre lot outside city limits! *Offering an impressive 2,500sqft on the main level, this uninterrupted layout is designed with today's lifestyle in mind *On one end, enjoy a spacious living room with windows on two sides, beautiful wood flooring and a gas fireplace for style and warmth *The other end of the home has a beautiful corner kitchen that serves as the heart of this home; and with its custom hickory cabinetry with soft close features, a Samsung stainless steel appliance suite and large island for convenent meals and storage, this space is a dream *2 bedrooms on the main level, including the large primary bedroom with walk-in closet *Convenient main floor laundry room and a full bathroom with custom tile and granite finishes complete this level *Downstairs, the partially finished walkout basement is framed and drywalled and includes a heated drive under 1-car garage space, and areas waiting for your finishing touches- a multi-use/family room, 2 bedrooms, 1 bathroom (already finished) and a large mechanical room *Outside has a raised deck that overlooks the yard, and gives views of the prairie for miles *Gravel driveway for plenty of off street parking. Located just outside city limits, and easy access to I90, Rushmore Crossing and more, call today! *Home has 2x6 construction and solid Hickory trim, cabinets and doors*

4280 Bennett Road, Rapid City
$450,000
4 Beds ⋅ 173953 MLS
Zero threshold ranch style townhome with phenomenal city views! This spacious townhome features hardwood floors throughout the main level, high vaulted ceilings, cozy fireplace, well appointed kitchen, large master bedroom and bath and large deck that is perfect for entertaining and taking in the expansive views. The main level also has a guest bedroom, second bath, and laundry. The walk-out basement has an expansive family room with sliding door with access to the large patio and back yard. There are two additional bedrooms (1 NTC), a third bath and storage.

6508 Wellington Dr, Rapid City
$450,000
4 Beds ⋅ 173593 MLS
Updated 1939 bungalow style home with four bedrooms and 2 baths. The main level of this home features LVP flooring throughout, a large living room that is open to the updated and well appointed kitchen which leads to a charming dining room and and a large family room. There are two main floor bedrooms and a full bathroom. Upstairs you will find a huge 21'x26' master bedroom with private deck and direct access to a 3/4 bath. The 4th bedroom and another flex room is located off of the master bedroom upstairs. The lower level houses the mechanical room, laundry and extra storage. The fenced yard is perfect for entertaining and the location of the home is conveniently located close to downtown, parks, schools. Recent upgrades include: flooring, fixtures, paint, electrical panel, central air, furnace and water heater.

1329 9th St, Rapid City
$415,000
172899 MLS
Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended living. A garage and off-street parking provide added convenience—rare in this sought-after neighborhood. Just minutes from downtown Rapid City, Main Street Square, parks, dining, and shopping, this home blends historic charm with modern comfort in a prime location where rentals lease quickly Property is currently leased. Whether you're looking for a home with rental income or a full investment property, this is an opportunity you won’t want to miss! the main floor will also be available for lease starting in June 2026.

620 W Blvd, Rapid City
$415,000
3 Beds ⋅ 172897 MLS
Charming Historic Multifamily Home with Garage! Located in the West Boulevard Historic District, a beautifully maintained multifamily home offering great investment potential or an ideal owner-occupied setup. The main floor unit features hardwood floors, and abundant natural light, while the lower-level unit has a private entrance, ample storage, and a smart layout for rental income or extended living. A garage and off-street parking provide added convenience—rare in this sought-after neighborhood. Just minutes from downtown Rapid City, Main Street Square, parks, dining, and shopping, this home blends historic charm with modern comfort in a prime location where rentals lease quickly Property is currently leased. Whether you're looking for a home with rental income or a full investment property, this is an opportunity you won’t want to miss! the main floor will also be available for lease starting in June 2026.

620 W Blvd, Rapid City
$415,000
172898 MLS
A rare live-work opportunity in the West Boulevard Historic District, 620 W Blvd, Rapid City, SD, offers the perfect blend of residential, multifamily, and commercial office space. This well-maintained property features a main floor office or residential space with hardwood floors and abundant natural light, creating a professional yet inviting atmosphere. The basement unit offers a private entrance, ample storage, and a flexible layout, ideal for rental income, extended living, or storage. A garage with off-street parking adds convenience, making this property highly desirable. Situated in a high-demand area where properties lease quickly, it offers an excellent investment opportunity. Located just minutes from downtown Rapid City, Main Street Square, dining, shopping, and parks, this is a rare find in a prime location. The main floor will also be available for lease starting in June 2026.

620 W Blvd, Rapid City
$500,000
83379 MLS
Prime retail location in front of Cabela's / Bass Pro Shop on East Mall Drive! This frontage property on East Mall Drive between I-90 Exit61 and 60 is rapidly developing with multiple retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital coming just to the north on the corner of Dyess Ave also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location.

3241 E Mall Drive, Rapid City
$450,000
83378 MLS
Prime retail location in front of Cabela's / Bass Pro Shop on East Mall Drive! This frontage property on East Mall Drive between I-90 Exit61 and 60 is rapidly developing with multiple retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital coming just to the north on the corner of Dyess Ave also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location.

3211 E Mall Drive, Rapid City
$500,000
172654 MLS
Prime retail location in front of Cabela's / Bass Pro Shop on East Mall Drive! This frontage property on East Mall Drive between I-90 Exit 61 and 60 is rapidly developing with multiple retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital coming just to the north on the corner of Dyess Ave also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location.

3241 E Mall Dr, Rapid City
$450,000
172653 MLS
Prime retail location in front of Cabela's / Bass Pro Shop on East Mall Drive! This frontage property on East Mall Drive between I-90 Exit 61 and 60 is rapidly developing with multiple retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital coming just to the north on the corner of Dyess Ave also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location.

3211 E Mall Dr, Rapid City
$425,000
167157 MLS
2.78 acres located on the high visibility, high traffic corner of Elk Vale Rd and E Anamosa St. 2022 traffic count of 21,726 vehicles per day. Take advantage of the future connection of E Anamosa Street from E North St to Elk Vale Rd, which will allow the street to serve as a major thoroughfare from the retail hub of Rapid City to Rapid Valley, along with easement documentation. Zoned general commercial, ideal for office, retail, gas station, or speculative buyer.

TBD Elk Vale Rd, Rapid City
$410,000
162418 MLS
This property directly borders the new Black Hills Industrial Center where development is already underway. Do not miss your chance to invest this major expansion in Rapid City! Ready for development, with great truck access. Possibility for additional acreage to the south (14.83 Acres). The Black Hills Industrial Center will be the first of its kind in western South Dakota. Located along the Heartland Express south of Catron Boulevard, the Black Hills Industrial Center will be home to companies in the technology and value-added agriculture industries and will provide more than 2,000 professional, high-paying jobs.

TBD Old Folsom Rd, Rapid City
$425,000
78925 MLS
2.78 acres located on the high visibility, high traffic corner of Elk Vale Rd and E Anamosa St. 2022 traffic count of 21,726 vehicles per day. Take advantage of the future connection of E Anamosa Street from E North St to Elk Vale Rd a, which will allow the street to serve as a major thoroughfare from the retail hub of Rapid City yo Rapid Valley, along with easement documentation. Zoned general commercial, ideal for office, retail, gas station, or speculative buyer.

TBD Elk Vale Road, Rapid City
$410,000
75010 MLS
This property directly borders the new Black Hills Industrial Center where development is already underway. Do not miss your chance to invest this major expansion in Rapid City. Ready for development, with great truck access. Possibility for additional acreage to the south (14.83 Acres). The Black Hills Industrial Center will be the first of its kind in western South Dakota. Located along the Heartland Express south of Catron Boulevard, the Black Hills Industrial Center will be home to companies in the technology and value-added agriculture industries and will provide more than 2,000 professional, high-paying jobs.

TBD Old Folsom Road, Rapid City
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