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$550,000
88231 MLS
Listed by Holly Hultgren, KWBH, 605-545-1943. Opportunities like this don’t come up often—with the chance to live in one side and rent the other, this move in ready property in a central Rapid City location is what you've been looking for! 905 has been smartly renovated and has 3 bedrooms (1ntc), 1 bath, and 1,340sqft. You’ll love the natural light, beautiful wood floors, and a wonderful open concept living area. The remodeled kitchen has new counters, cabinets, stainless steel appliances and farmhouse sink. 1 main floor bedroom and updated bathroom, plus the fully finished and recently updated basement that adds 2 more bedrooms and private laundry closet. Outside, enjoy a privacy fencedbackyard with a concrete patio, firepit area and alley access to parking. 907 has a cozy layout full of character, and has 2 bedrooms, 1 bathroom and 1,340sqft. Wood floors, great light, and space for a gas fireplace in the living room. The galley kitchen has stainless steel appliances and awindow overlooking the side yard. Enjoy 1 bedroom and a full bath upstairs, and the finished and recently remodeled basement adds another bedroom, a bonus room (perfect for a home office!) and laundry closet. This side also features a privacy fenced yard with a pergola-covered patio and access to a detached 2-car garage. Whether you’re looking to offset your mortgage or invest in a solid income property, this is a great find. Call today!

905/907 Clark Lane, Rapid City
$285,000
178471 MLS
Listed by Rich Hegre Engel & Volkers 605-381-RICH(7424) This is a great opportunity to own a west side investment property. This duplex is fully rented with great income. Zero vacancy for over 3 years, gives you peace of mind knowing you will have income.

3417 W Rapid, Rapid City
$999,500
87915 MLS
Listed by Pete Jensen, KWBH, 605-484-6713. Great opportunity to add your investment porfolio- 8 unit apartment complex in central Rapid City with impressive occupancy rate and consistent rental history! Built in 2005, the building has 4 units on the upper level and 4 units on ground level, with a private parking lot. Ground level units are zero-entry for great accessibilty. Upper levels are accessed via recently refreshed decks on either end of the building. Combination of 2 bedroom/1 bathroom and 3 bedroom/2 bathroom units with rent ranging from $875-$1,075/unit, each having private entries, an open concept living space, full kitchen, private in-unit laundry and separate electric meters. Consistently improved on, units have updated kitchens, wall AC, low maintenance flooring, egress windows as needed and all appliances stay. Lots of recent preventive maintenance - water heater replacements, newer roof, deck staining, sprinkler system recharge, etc. Added income potential- room to raise rents or enjoy a strong excellent CAP rate as is. Conveniently located near downtown Rapid City, the Monument Arena and easy access to I90 and the Black Hills.

811 Mallow Street, Rapid City
$265,000
87532 MLS
Offered by Dante Colicheski Black Hills Realty. Excellent investment opportunity in a convenient Rapid City location! This well-maintained duplex offers two spacious units, each with its own private entrance, ample parking, and functional layouts. Both units feature generous living areas, full kitchens, and in-unit laundry hookups, making them highly attractive to tenants. Whether you’re looking to expand your rental portfolio or live in one unit while offsetting your mortgage with income from the other, this property provides flexibility and long-term potential. Situated close to schools, shopping, and major roadways, vacancy risk stays low and rental demand stays high. Don’t miss your chance to secure a solid property with strong returns.

811 Willsie Avenue, Rapid City
$265,000
177591 MLS
Offered by Dante Colicheski Black Hills Realty. Excellent investment opportunity in a convenient Rapid City location! This well-maintained duplex offers two spacious units, each with its own private entrance, ample parking, and functional layouts. Both units feature generous living areas, full kitchens, and in-unit laundry hookups, making them highly attractive to tenants. Whether you’re looking to expand your rental portfolio or live in one unit while offsetting your mortgage with income from the other, this property provides flexibility and long-term potential. Situated close to schools, shopping, and major roadways, vacancy risk stays low and rental demand stays high. Don’t miss your chance to secure a solid property with strong returns.

811 Willsie Ave 811, 813, Rapid City
$259,000
176951 MLS
Great private location just off of West Boulevard and endless potential for the investment buyer! Occupied unit features 3 bedrooms on the main level and an unfinished basement. Unoccupied unit is a 1 bedroom 1 bath and is in need of renovation. This property will require cash or an in house loan and is being sold as-is.

1235 Hill St & 1235 1/2 Hill Street, 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
$1,450,000
172951 MLS
Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for it's new owner.

225 E Watertown, Rapid City