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For sale
  • $825,000

    201 E Nowlin St, Rapid City, SD 57701

    --beds
    --baths
    --sqft
    : 
    Multiplex
    Built in 1963
    -- sqft lot
    $788,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Alley accessOff-street parkingGas water heaterWindow air conditionerUpgraded with lvt flooringWasher and dryer hookups
    Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 6-unit complex (three duplexes) offers an excellent opportunity. Each unit features 2 bedrooms, 1 bathroom, a stove, refrigerator, window air conditioner, gas water heater, and forced air heating. Washer and dryer hookups are also included in every unit. Some units have been upgraded with LVT flooring in the living room and kitchen. Additional features include alley access and off-street parking. Tenants are responsible for their own gas and electric utilities. Each duplex sits on a separately plotted lot with its own legal description, providing the potential to sell them individually or as a complete package. Don’t miss out on this fantastic investment!
    23 days
    on Zillow
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    184
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    8
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 07:44am

    Listed by:

    NICOLE PETRIK 605-939-6299,

    ENGEL & VOELKERS BLACK HILLS, LLC

    Source: Black Hills AOR,MLS#: 173057MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 201 E Nowlin St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range/Oven, Refrigerator
    Features
    • Hookups

    Property

    Parking
    • Parking features: See Remarks, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Entry location: More than 1 per Apt
    • Exterior features: Private Entrance
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.34 Acres
    • Features: Level
    Details
    • Parcel number: 2131106001
    • Zoning description: Conforming

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multiplex
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Other
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Meters

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Nowlin & Wood
    Location
    • Region: Rapid City

    Financial & listing details

    • Tax assessed value: $165,200
    • Annual tax amount: $2,388
    • Date on market: 4/3/2025
    • Listing terms: Cash,New Loan
    • Lease term: 12 Months
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