Discover an exceptional income-generating opportunity with this meticulously maintained duplex featuring an efficient up-and-down layout and impressive 7%+ cap rate. The lower unit offers 2 bedrooms and 1 bathroom with fresh updates, new flooring, and paint throughout, while the spacious upper unit boasts 3 bedrooms, 1 bathroom, and a beautiful blend of new flooring and preserved original hardwood, plus a covered patio for outdoor living. Strategic capital improvements including a new roof (2022), radon mitigation system, freshly paved driveways, professional landscaping, and complete perimeter fencing position this property for long-term value and minimal maintenance. New exterior painting is currently in progress. Each unit features in-unit washer and dryer for maximum tenant appeal, separate utilities, and generous outdoor space that supports premium rents and strong retention. Whether you're expanding your portfolio or exploring house-hacking to offset your mortgage while building equity, this turnkey duplex delivers stable cashflow and proven performance—schedule your showing today before this solid performer is gone. Listed by Madison Reeves -Blair Allen Luxury Real Estate (605) 569-9019
For sale
$299,000
1127 Holcomb Ave, Rapid City, SD 57701
5beds
--baths
1,848sqft
Est.:
Duplex
Built in 1959
-- sqft lot
$294,600 Zestimate®
$162/sqft
$-- HOA
What's special
Freshly paved drivewaysNew roofComplete perimeter fencingProfessional landscapingCovered patioFresh updatesPreserved original hardwood
- 20 hours |
- 175 |
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