51 Unit affordable apartment community located in desirable northwest Rapid City. This property has a mix of one, two and three bedroom units with a unique townhome style layout across 11 buildings. 15 apartments were recently remodeled to include new cabinetry, flooring, lighting and appliances. Very well maintained buildings with all new roofs installed in 2019. All 2BD and 3BD units include washers/dryers in the units and the 1BD building has common laundry facilities on the lower level. LIHTC covenants are in place through 2033. New market rates will be going into effect in August 2023 (estimated 10% increase). The property has a long history of strong occupancy with onsite property manager and maintenance. Listed by Chris Long, Keller Williams Realty Black Hills, 605-939-4489
Sold for $2,650,000 on 08/07/23
$2,650,000
215 Kinney Ave, Rapid City, SD 57702
6beds
--baths
36,517sqft
Multi Family
Built in ----
-- sqft lot
$3,065,700 Zestimate®
$73/sqft
$1,675 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2023 at 09:12am
Listed by:
Christopher Long,
Keller Williams Realty Black Hills RC
Bought with:
NON MEMBER
NON-MEMBER OFFICE
Source: Mount Rushmore Area AOR,MLS#: 76364

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Natural Gas, Forced Air
Cooling
- Wall Evap., Refrig. C/Air
Appliances
- Included: Dishwasher, Refrigerator, Electric Range Oven, Washer, Dryer
Interior area
- Total structure area: 36,517
- Total interior livable area: 36,517 sqft
Property
Parking
- Parking features: Paved
Features
- Entry location: Community Entrance,Private Entrance
Lot
- Size: 2.67 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Community & neighborhood
Location
- Region: Rapid City
- Subdivision: Owen Mann