Skip main navigation
Off market
  • $459,800

    3027 W Rapid St, Rapid City, SD 57702

    --beds
    0baths
    1,616sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $459,800 Zestimate®
    $285/sqft
    $1,353 Estimated rent

    Owner options

    List your home for rent

    $1,353/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,353/mo

    Rent Zestimate®

    Refinance and save

    $2,772/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,772/mo

    Est. payment

    What's special

    Great income producing property on the Northwest side of Rapid City. This triplex is in great shape and in a great location. 3 units total with private entrances, 2 units have been remodeled plus a private coin operated laundry room. Great cap rate of 7.5%. Unit 1 (upper level) is a 2 bedroom 1 bathroom with an office (one bedroom is a walk-through). Unit 2 (main level) is a 2 bedroom, 1 bath. Unit 3 (lower level) is a 1 bedroom, 1 bathroom unit with an office space (bedroom not to code). Lower unit was used as an air bnb from August to October with a great return. Owner pays water, sewer and gas. Tenants are responsible for electric. Ample gravel parking lot to the back of the property for unit 1 and 3. Unit 2 (main level) has a driveway. Seller is a licensed Real Estate agent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 1,616 sqft

    Property

    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 2034361002
    • Zoning: Non-conforming

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Rapid City

    Other

    Other facts
    • Type: Triplex
    • CONSTRUCTION: Metal/Vinyl
    • ENTRANCE: Private Entrance
    • HEATING: Forced Air, Gas, Electric
    • INCLUDES: Refrigerator, Range/Oven
    • LOT TYPE: Flat
    • POSSESSION: Negotiable, Immediate
    • ROOF: Composition
    • SAFETY FEATURES: Smoke Detectors
    • SEWER: City
    • TYPE OF TENANCY: Six Month Lease, Negotiable, Month to Month, 1 Year Lease
    • UNIT FEATURES: Inside Utility Room
    • VACANCY RATE: 0 - 5%
    • VIEW: City
    • WATER: City
    • MISCELLANEOUS: Central Water Heater
    • FOUNDATION: Basement
    • ZONING: Non-conforming
    • PARKING: See Remarks
    • STYLE: Other
    • Area: Northwest
    • Subdivision: GREEN ACRES