3027 W RAPID $349,000


    3027 W RAPID Rapid City, SD 57702

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 156428
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    Views: 210 Days On Site: 19

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    Property Details

    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.

    • General Features
      • Zoning Non-conforming
      • Year Built 1940
      • Area Northwest
      • Auction Y/N No
      • County Pennington
      • MISCELLANEOUS Central Water Heater
      • Subdivision GREEN ACRES
      • View City
      • Sale/Rent For Sale
    • Building Features
      • Air Conditioning None
      • Construction Metal/Vinyl
      • Foundation Basement
      • Heating Electric, Forced Air, Gas
      • ROOF Composition
      • Style Other
      • Unit 1 SqFt 832
      • Unit 2 SqFt 832
      • Unit 3 SqFt 832
    • Property Features
      • Lot Size .28
      • INCLUDES Refrigerator,Range/Oven
      • Lot Type Flat
      • WATER City
      • PARKING See Remarks
      • SEWER City






    Primary: 605-786-4816


    57702 (Rapid City) Demographics

    47 Median Age
    119 Population Density (per sq. mile)
    56% College Educated
    $73,550 Estimated Median Income
    11,279 Estimated Total Home Owners
    3,486 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,058 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    108 New On Market

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      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $349,000
        10/19/2021 8:23:13 AM Status Changed Source: Multiple Listing Service New Value: U/C CONTINGENCY
        10/12/2021 1:12:35 PM Price Reduced Source: Multiple Listing Service New Value: $349,000 -5.65%
        10/2/2021 2:23:00 PM New in Database Source: Multiple Listing Service New Value: $369,900

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.