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$289,900
86120 MLS
Check out this rare opportunity to own a versatile 3-unit property spread across two separate structures on one lot in the desirable DorrTownship! This well-maintained complex offers a perfect blend of income potential and flexibility for investors or owner-occupants. 2 ofthe units offer multiple updates, spacious 2 bedrooms, 1 bathroom and plenty of room comfort and potential. The separate stand-aloneunit offers the privacy of 1 bedroom and 1 bathroom for a cozy home feel to any tenant. With the well groomed .33 acre lot, both unitshave optimal space and serenity. With a strong rental history this property is an investor's dream. Enjoy the convenience of being justmoments from the heart of the city. Whether you're commuting to work, heading out for dinner, or catching a show, everything downtownhas to offer is right at your fingertips! Call today for more info on how you can make this dream your reality. Listed by Beth Staeckeler-Blair Allen Luxury Real Estate 631-902-6095

1802 Cherry Avenue, Rapid City

$250,000
174687 MLS
Rare opportunity with income potential or multi-unit flexibility! This .31-acre lot includes two separate homes—each with private laundry hookups, a refrigerator, and a stove/range. Both units feature newer water heaters and furnaces. Updated sewer line! 239 Wright St is a 754 sq ft, 2 bed, 1 bath home on a crawlspace with easy outside access. Features include an updated bathroom and several kitchen updates. 237 Wright St is a spacious 1,728 sq ft, 4 bed, 1 bath home. The main level includes 2 bedrooms and 1 bathroom, while the lower level offers 2 more bedrooms, laundry area, and storage. This is a handyman special with so much potential—live in one unit and rent or renovate the other, use both as income-producing properties, or explore zoning and sewer upgrades to build a 4-plex (buyer to verify). Whether you're looking for a project, an investment, or a place with flexibility, this setup offers the space and layout to bring your vision to life. Located minutes from shopping, entertainment, medical facilities, and the I-90 corridor, it’s a convenient location with possibilities that are hard to find in today’s market.

239 Wright St 239 Wright St And 237 Wright 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