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.
For sale
$1,513,000
225 E Watertown St, Rapid City, SD 57701
--beds
--baths
--sqft
Est.:
Multiplex
Built in 1963
-- sqft lot
$1,446,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 172951

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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