Rapid City, SD
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    Rapid City, SD Duplexes for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    Move-In Ready Duplex with Garages
    $550,000
    2,680 SF
    Move-In Ready Duplex with Garages

    905/907 Clark Lane, Rapid City, SD 57702

    Renovated duplex offers independent living units, privacy-fenced outdoor space, and alley access to parking.
    • Duplex opportunity with two units (905 and 907), each listed at 1,340 sqft and 1 bath.
    • Unit 905: 3 bedrooms (1 nonconforming), updated open living area with wood floors, and a remodeled kitchen with new counters, cabinets, and stainless appliances.
    • Unit 905 includes a fully finished, recently updated basement adding 2 more bedrooms, plus a private laundry closet.
    • Unit 907: 2 bedrooms, wood floors, a galley kitchen with stainless appliances, and a finished recently remodeled basement adding a bedroom, bonus room (home office), and laundry closet.
    • Both sides offer privacy‑fenced outdoor space, including a concrete patio and firepit area for 905, and a pergola‑covered patio for 907.
    Updated: Apr 10
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    Rented Duplex Investment Property
    $285,000
    Rented Duplex Investment Property

    3417 W Rapid Street, Rapid City, SD 57702

    Duplex in Rapid City offered for sale, fully rented with zero vacancy reported for over three years.
    • Duplex investment property with all units fully rented
    • Zero vacancy reported for over 3 years
    • Heating: natural gas
    • Cooling: evaporative cooling
    • Year built: 1952
    Updated: Apr 15
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    Up-Down Duplex With Separate Entrances
    $265,000
    1,640 SF
    Up-Down Duplex With Separate Entrances

    Updated up-and-down duplex offers separate secured entrances, private tenant parking, and in-unit laundry for both homes.

    3225 W Rapid Street, Rapid City, SD 57702

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    Side-by-Side Duplex Opportunity
    $275,000
    Side-by-Side Duplex Opportunity

    Duplex suitable for home ownership, single family, or investment.

    1918 Ivy Ave, Rapid City, SD 57701

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Motel/Airbnb Investment Opportunity
    $1,700,000
    5,787 SF
    Turnkey Motel/Airbnb Investment Opportunity

    20-unit motel/Airbnb with development potential in Spearfish, SD.

    450 W Kansas Street, Spearfish, SD 57783

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    Ranch Duplex with Pole Barn
    $575,000
    3,782 SF
    Ranch Duplex with Pole Barn

    Duplex-style ranch property with private garages, walkout basement, and large pole barn on a fenced lot.

    262 Upper Valley Road, Spearfish, SD 57783

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    Remodeled Duplex with Unfinished Basement
    $309,900
    Remodeled Duplex with Unfinished Basement

    Recently remodeled duplex with two 3-bedroom units, updated interiors, and basement storage for flexible live-in or rental use.

    8 Baltimore Street, Lead, SD 57754

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    Well-Kept Duplex in Lead
    $299,996
    1,984 SF
    Well-Kept Duplex in Lead

    Duplex with off-street parking and garage near downtown.

    116 Grand Avenue, Lead, SD 57754

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    Rapid City, SD Duplexes Investment Opportunities Market Analysis

    Explore 4 duplexes for sale in Rapid City, SD, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,320 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for duplexes in Rapid City, SD start at $265,000, averaging $407,500, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 5
    Duplexes 4
    Mobile home & RV parks 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $275K
    57702 $376.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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