$3,200,000
$3,180,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/23/2025
Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision Nowlin Wood Replat
MLS Listing ID 172734
Sold Date 12/23/25
Style 2 Story
Year Built 1972
Property Sub-Type Multiplex
Property Description
Excellent investment opportunity in Rapid City! 30 unit apartment complex with a mix of 3 bedroom 1 bath units (12) and 2 bedroom 1 bath units ( 18). All units have washer and dryer hook-ups, fridge, stove/oven. Recent improvements include; Updated exteriors in 2019, new centralized boilers in each building (3) 2022, landscaping 2021, parking lot resurfaced in 2022, security system 2022. Located close to shopping, city services and bus routes making these units highly desirable to renters with low vacancy.
Location
State SD
County Pennington
Area North
Zoning Conforming
Interior
Heating Gas, Hot Water
Cooling None
Exterior
Roof Type Composition
Building
Foundation Poured Concrete
Sewer City
Water City
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