517 E MADISON $179,900


    517 E MADISON Rapid City, SD 57701

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 156936
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    Views: 89 Days On Site: 16

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    Property Details

    Listed by Brooke Abdallah, Pillar Properties, 605.641.7411. Investment opportunity on a great income producing asset in Rapid City, or live in one unit and rent the other out for a house-hacking product...let someone else pay your mortgage! 2 bedrooms, 1 bathroom upstairs, and 1 bedroom, 1 bathroom downstairs. Rent is $900/month upstairs, and has been $700/month downstairs (tenant just moved out mid-November, will be increased to $750/month). Downstairs has laundry, private rear entrance, and conforming egress for bedroom. Owner pays all utilities. New roof in 2020. Parking in rear with ability to add storage sheds for additional income. Driveway in from for upstairs tenant. Upstairs unit is occupied so please allow 24 hours notice for all showings. Property is owned by a Licensed South Dakota Real Estate Broker. Thank you.

    • General Features
      • Zoning Unknown
      • Year Built 1953
      • Area North
      • Auction Y/N No
      • County Pennington
      • MISCELLANEOUS Individual Heat & Air,Dead Bolt Locks
      • Subdivision SCHNASSE
      • View City
      • Sale/Rent For Sale
    • Building Features
      • Air Conditioning Wall
      • Construction Hardboard
      • Foundation Basement, Slab
      • Heating Forced Air, Gas
      • ROOF Composition
      • Style 2 Story
      • Unit 1 SqFt 704
      • Unit 2 SqFt 704
    • Property Features
      • Lot Size 0.12
      • INCLUDES Refrigerator,Range/Oven,Washer,Dryer,Microwave
      • Lot Type Flat
      • WATER City
      • PARKING See Remarks
      • SEWER City





    Primary: 605-641-7411


    57701 (Rapid City) Demographics

    36 Median Age
    645 Population Density (per sq. mile)
    35% College Educated
    $45,483 Estimated Median Income
    10,494 Estimated Total Home Owners
    7,924 Estimated Total Renters
    57% / 43% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    45,721 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

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

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $179,900
        11/19/2021 2:53:18 PM Status Changed Source: Multiple Listing Service New Value: U/C CONTINGENCY
        11/14/2021 4:23:00 PM New in Database Source: Multiple Listing Service New Value: $179,900

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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.