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    Pennington County, SD Apartment Buildings for Sale

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    Rapid City Multifamily Investment Opportunity
    $1,625,000

    Rapid City Multifamily Investment Opportunity

    123 E Nowlin St, Rapid City, SD 57701

    Well-maintained 12-unit complex in growing Rapid City, South Dakota.

    • 12‑unit complex (six duplexes) offering a significant investment opportunity in a growing market (Rapid City).
    • Each duplex sits on a separately plotted lot, allowing for individual sale or package sale flexibility.
    • Each unit features 2 bedrooms and 1 bathroom, appealing to a broad tenant base.
    • Tenants pay their own gas and electric utilities, reducing landlord expenses.
    • Units are equipped with essential appliances: stove, refrigerator, window air conditioner, gas water heater, and forced air heating.
    Updated: Oct 6, 2025
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    Rapid City Multifamily Investment Opportunity
    $825,000

    Rapid City Multifamily Investment Opportunity

    201 E Nowlin St, Rapid City, SD 57701

    Well-maintained six-unit complex in growing Rapid City.

    • Excellent investment opportunity in growing Rapid City.
    • Six units (three duplexes) provide immediate rental income.
    • Each unit includes 2 bedrooms, 1 bathroom, stove, refrigerator, window AC, gas water heater, forced air heating, and washer/dryer hookups.
    • Potential to sell duplexes individually due to separate plotted lots and legal descriptions.
    • Tenants responsible for their own gas and electric utilities.
    Updated: Dec 4, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Pennington County, SD, we suggest exploring several alternatives: similar 8 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in Pennington County, SD

    Consider similar Off-Market properties in Pennington County, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Box Elder, SD 57719

    Box Elder, SD 57719

    HIGH-RISE APARTMENTS • 33,719 SF
    Value Estimation by Request
    Box Elder, SD 57719
    View details
    545 Northern Lgts Blvd

    545 Northern Lgts Blvd

    HIGH-RISE APARTMENTS • 19,781 SF
    Value Estimation by Request
    545 Northern Lgts Blvd, Box Elder, SD 57719
    View details
    1018 11th St

    1018 11th St

    HIGH-RISE APARTMENTS • 6,868 SF
    Value Estimation by Request
    1018 11th St, Rapid City, SD 57701-3416
    View details
    1617 Debra Dr

    1617 Debra Dr

    HIGH-RISE APARTMENTS • 12,702 SF
    Value Estimation by Request
    1617 Debra Dr, Rapid City, SD 57702-1007
    View details
    330 Philadelphia St

    330 Philadelphia St

    HIGH-RISE APARTMENTS • 7,556 SF
    Value Estimation by Request
    330 Philadelphia St, Rapid City, SD 57701-1810
    View details
    636 Cathedral Dr

    636 Cathedral Dr

    HIGH-RISE APARTMENTS • 9,678 SF
    Value Estimation by Request
    636 Cathedral Dr, Rapid City, SD 57701-5438
    View details
    2006 Promise Rd

    2006 Promise Rd

    HIGH-RISE APARTMENTS • 23,278 SF
    Value Estimation by Request
    2006 Promise Rd, Rapid City, SD 57701
    View details

    Pennington County, SD Apartment Buildings Investment Opportunities Market Analysis

    Explore 9 apartment buildings for sale in Pennington County, SD on our real estate platform. These investment opportunities span a total of 1,758,083 square feet of properties for sale, with an estimated market value of $2,450,000.

    Prices for two-family homes in Pennington County, SD start at $0.00, averaging $245,000, and reaching up to $1,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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