This frame stucco, nonconforming side-by-side duplex could also work for multi-generational families. Unit 118 features 2 bedrooms, a backyard shed, and a fenced backyard with parking on the street. Unit 120 features 2 bedrooms, a fenced back yard, a shared driveway & 1-stall garage. There is a blocked doorway connecting the two units that could possibly be reopened if desired. Unit 118 tenant broke the lease in September, but was paying $895/mo; unit 120 tenant plans to leave sometime in October and currently pays $925/mo. Laundry hook-ups are in place, but tenants supply their own washer, dryer, and window AC units. Actual income (including late fees) & expenses for 2025 are listed, providing a cap rate of >8%. Listing Agent is an officer of the LLC holding this property.
| Mls #: | 181156 |
|---|---|
| Asking Price: | $198,900 |
| Type: | Duplex |
| Property Status: | Active |
| City: | Rapid City |
| County: | Pennington |
| ZIP: | 57701 |
| Year Built: | 1952 |
| Number Of Units: | 2 |
| Status Category: | Active |
| Lot Size: | Irreg (0.15 ac) |
| Auction Y/N: | No |
| HEATING: | Forced Air, Natural Gas |
| AIR CONDITIONING: | None |
| ROOF: | Composition |
| ENTRANCE: | More Than One/Unit, Private Entrance |
| FOUNDATION: | Slab |
| PARKING: | Garage, Street |
| DOCUMENTS ON FILE: | Owner Operating Stmt, List of Furnishings, Survey, Leases, Financials, Property Disclosure |
| TYPE OF TENANCY: | Month to Month |
| UNIT FEATURES: | All Units, Some Units, Window Coverings, Patio, LR/DR Combo, Kit/DR Combo, Smoke Free, Individual Water Heaters, Individual Heat, Laundry Hookups, Fenced Yard |
| WATER: | City (at site) |
| SEWER: | City (at site) |
| POSSESSION: | Immediate, See Remarks, Subject to Tenant |
| SAFETY FEATURES: | Smoke Detectors |
| VIEW: | Neighborhood |
| LOT TYPE: | Flat, Interior |
| ZONING: | Non-conforming |
| VACANCY RATE: | 0 - 5% |
| Terms: | Assumption, Cash, New Loan |
| Personal Property: | All Units, Range/Oven, Refrigerator, Shed, Some Units |
Listing Courtesy of: THE REAL ESTATE GROUP, INC.
Listing Agent: MIKE ZACHMEIER
520-305-1109
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Black Hills Association of REALTORS® data last updated on October 08, 2026 03:01 PM - MT.
Property Last Updated: October 08, 2026 03:01 PM - MT
