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Renovated Duplex-Use Bungalow
For Sale
$325,000

1116 MT RUSHMORE RD, Rapid City, SD 57701

Two-bedroom, two-bath property with a lower-level entrance and second kitchen for flexible occupancy arrangements.

Property SizeContact for details
Days on Market112

Property Features for 1116 MT RUSHMORE RD

General Information

Standard status Active
Property subtype Duplex

Additional Details

Furnished Yes
Road Access Yes

Building Details

Year Built 1925
Construction bungalow-style
Listing Agency: BLACK HILLS REALTY
Listed By: TJ WOJTANOWICZ · License #13167
Source: Teigenmarchant.kw
Added: May 11 Changed: Aug 29 Last Checked: Aug 30 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BLACK HILLS REALTY

Investment Insights

Based on property information with market context.

Built in 1925, this bungalow-style property has undergone extensive renovation while retaining its original character. Improvements include Pella windows, updated lighting, flooring, kitchen cabinetry, appliances, electrical and plumbing systems, plus interior and exterior paint. The home contains two bedrooms and two bathrooms and is offered fully furnished.

A separate basement entrance and second kitchen support the property's potential use as a non-conforming duplex or short-term rental. It is currently operating as a short-term rental. The property is located at 1116 Mt Rushmore Rd in Rapid City, South Dakota.

Key Highlights

  • 1925 bungalow‑style property with extensive interior and exterior renovations
  • Two bedrooms and two bathrooms
  • Basement features a separate entrance and second kitchen

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Store Grocery & Convenience Store Restaurant 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,237
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom, two-bath property with a lower-level entrance and second kitchen for flexible occupancy arrangements.
Where is this duplex located?
The property is located at 1116 MT RUSHMORE RD Rapid City, SD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1925 bungalow‑style property with extensive interior and exterior renovations; Two bedrooms and two bathrooms; Basement features a separate entrance and second kitchen
More about this property
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