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8-Unit Multifamily Investment

10 E QUINCY Rapid City, SD 57701

10 E QUINCY, Rapid City, SD, 57701
$899,000
For Sale
$899,000

Other - Rapid City, SD

Days on Market37

Property Features for 10 E QUINCY

General Information

Property type
Other
Property subtype
Multi Family
Zoning
Non-conforming
Standard status
Active

Utilities

Heating system
Hot Water (Heating)
Cooling system
Multi Units, Window Unit(s)

Building Details

Year built
1957
Roof type
Composition
Architectural style
Other
Listing Agency Engel & Völkers Rapid City
517 Main St, Rapid City, SD
Listed by LORI BARNETT
Added: Jun 12 Checked: Jul 18 at 3:06 am
MLS# 177758 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

10 E Quincy Street is an 8-unit multifamily property in Rapid City, South Dakota, offered for sale as a rental investment. The building includes two studio units, five two-bedroom units, and one three-bedroom unit. On-site amenities include dedicated off-street parking and common laundry with coin-operated machines. All utilities are landlord-paid.

The property is located minutes from the South Dakota School of Mines and Technology and downtown Rapid City. It is described as being in the city center and positioned for consistent rental demand driven by local employment and ongoing population growth in the area. The listing notes rental rate ranges of $650–$700 for the studios, $1,100 for the two-bedrooms, and $1,500 for the three-bedroom unit, and the property is identified as non-conforming zoning.

This configuration and amenity set may appeal to investors seeking a compact, tenant-ready multifamily asset with straightforward common services and parking.

Key Highlights

  • 8‑unit multifamily property built in 1957 (non‑conforming multifamily).
  • Unit mix and rents: two studios at $650–$700/month, five 2‑bedrooms at $1,100/month, and one 3‑bedroom at $1,500/month.
  • Dedicated off‑street parking for residents.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

8-Plex Apartment Building Apartment Building

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Pet Store & Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 8-unit multifamily building with off-street parking, coined common laundry, and landlord-paid utilities on a non-conforming zoning basis.
Where is this apartment building located?
The property is located at 10 E QUINCY Rapid City, SD.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 8‑unit multifamily property built in 1957 (non‑conforming multifamily).; Unit mix and rents: two studios at $650–$700/month, five 2‑bedrooms at $1,100/month, and one 3‑bedroom at $1,500/month.; Dedicated off‑street parking for residents.
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More about this property
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