Step into this unique 3-bedroom, 2-bath home nestled in a friendly and convenient urban neighborhood, right between downtown and the Monument Hospital. Built in 1946, this versatile property offers the rare flexibility to function as either a single-family residence or a duplex, featuring both upper and lower living spaces—perfect for extended family, rental income, or a home + studio setup. 2 bedrooms and 1 bath are located on the upper level and an additional 1 bedroom and 1 bath are on the lower level. A shared laundry room connects the upper and lower living areas via the exterior stairway, offering convenience while maintaining privacy. Inside, you'll find classic touches of Art Deco charm still intact, adding a stylish flair to the layout. The home also includes a separate 2-car garage and a fully fenced yard. Whether you're looking for a place to call home or a smart investment property, this one checks all the boxes! Seller offering a $10,000 credit to buyer at closing!
For sale
Price cut: $11K (5/10)
$219,000
315 Franklin St, Rapid City, SD 57701
3beds
1,406sqft
Est.:
Single Family Residence
Built in 1946
6,969.6 Square Feet Lot
$209,700 Zestimate®
$156/sqft
$-- HOA
What's special
Fully fenced yard
- 43 days
- on Zillow |
- 2,111 |
- 82 |
Zillow last checked: 7 hours ago
Listing updated: May 10, 2025 at 02:30pm
Listed by:
TRAVIS TOKAREK 605-343-7500,
KELLER WILLIAMS REALTY BLACK HILLS,
SANDY TOKAREK 605-219-3535,
KELLER WILLIAMS REALTY BLACK HILLS
Source: Black Hills AOR,MLS#: 173443

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Shower Only
Dining room
- Features: Kitchen
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Range/Oven-Electric-FS, Washer
Features
- Flooring: Carpet, Laminate, Vinyl
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,406
- Total interior livable area: 1,406 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Two Car
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Driveway Exposure(South)
Features
- Fencing: Chain Link
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 6,969.6 Square Feet
- Features: Interior Lot
Details
- Additional structures: None
- Parcel number: 3701377012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Basement
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Electric: Circuit Breakers
- Gas: MDU- Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: South Park
HOA
- Amenities included: None
- Services included: None
Location
- Region: Rapid City
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $233,500
- Annual tax amount: $2,778
- Date on market: 4/25/2025
- Listing terms: New Loan,Cash
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