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For sale
  • $1,513,000

    225 E Watertown St, Rapid City, SD 57701

    --beds
    --baths
    --sqft
    : 
    Multiplex
    Built in 1963
    -- sqft lot
    $1,446,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for it's new owner.
    29 days
    on Zillow
    |
    325
    |
    8
    |

    Zillow last checked: 9 hours ago

    Listing updated: March 28, 2025 at 10:40am

    Listed by:

    ED DREYER 605-343-7653,

    RE/MAX ADVANTAGE

    Source: Black Hills AOR,MLS#: 172951MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 225 E Watertown St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Natural Gas, Hot Water
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range/Oven, Refrigerator
    Features
    • None

    Property

    Parking
    • Parking features: Paved
    Features
    • Entry location: Community Entrance
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.4 Acres
    • Features: Level
    Details
    • Zoning description: Conforming

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Schnasse Add
    Location
    • Region: Rapid City

    Financial & listing details

    • Date on market: 3/28/2025
    • Listing terms: Cash,New Loan
    • Lease term: 12 Months
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