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8-Unit Multifamily Apartment Building
For Sale
$899,000

10 E Quincy Street, Rapid City, SD 57701

Other - Rapid City, SD

Property SizeContact for details
Lot Size0.16 Acres
Days on Market82

Property Features for 10 E Quincy Street

General Information

Property type Other
Property subtype Multi Family
Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
Directions Quincy- north side of street-parking in the front
Standard status Active
Lot size 0.16 Acres

Utilities

Heating system Hot Water (Heating)

Building Details

Year built 1957
Roof type Composition
Architectural style Other
Listing Agency: Engel & Völkers Spearfish
Listed By: Lori Barnett
Added: Jun 12 Changed: Jul 15 Last Checked: Sep 1 at 4:06AM
MLS# 87660

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.

This non-conforming 8-unit multifamily property offers a unit mix that includes two studio units, five 2-bedroom units, and one 3-bedroom unit. The building features coin-operated common laundry and dedicated off-street parking. All utilities are landlord-paid.

The property is located minutes from South Dakota School of Mines and Technology and downtown Rapid City, placing it within Rapid City’s city center rental corridor.

For practical use and operations, the existing configuration provides multiple unit types within a single apartment building, supported by on-site laundry and parking for residents.

Key Highlights

  • Prime location near South Dakota School of Mines & Technology and downtown Rapid City.
  • 8‑unit multifamily property in a consistently occupied rental corridor.
  • Diverse unit mix: studios, 2‑bedroom, and 3‑bedroom units.

Property Analytics

Current Use

8-Plex Apartment Building Apartment Building

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Pet Store & Service Pet Grooming Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby

Demographics for 57701, SD

46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit multifamily property with coin-operated laundry, off-street parking, and landlord-paid utilities.
Where is this apartment building located?
The property is located at 10 E Quincy Street 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: Prime location near South Dakota School of Mines & Technology and downtown Rapid City.; 8‑unit multifamily property in a consistently occupied rental corridor.; Diverse unit mix: studios, 2‑bedroom, and 3‑bedroom units.
More about this property
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