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Duplex with Renovation Needs

1235 HILL ST, Rapid City, SD 57701

For Sale
New
$250,000

The two-unit property pairs an occupied three-bedroom residence with a vacant unit that requires renovation.

Property SizeContact for details
Days on Market4

Property Features for 1235 HILL ST

General Information

Standard status Active
Property subtype Duplex

Property Condition

Severity Repairs Needed
Evidence in need of renovation

Units

Unit Mix 1 x 3BR, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Year Built 1936
Listing Agency: RE/MAX ADVANTAGE
Listed By: AMY KLOCK · License SD #13048
Source: Heidikeough.kw
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:19PM

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 RE/MAX ADVANTAGE

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Investment Insights

Based on property information with market context.

Built in 1936, this duplex has two distinct living units. The occupied residence offers three bedrooms on the main level and an unfinished basement. The second unit contains one bedroom and one bathroom and needs renovation. The property is being sold as-is; financing is limited to cash or an in-house loan.

Key Highlights

  • Two‑unit duplex built in 1936
  • Occupied unit has 3 bedrooms on the main level and an unfinished basement
  • Vacant unit has 1 bedroom and 1 bath and requires renovation

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,478
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property pairs an occupied three-bedroom residence with a vacant unit that requires renovation.
Where is this duplex located?
The property is located at 1235 HILL ST Rapid City, SD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1936; Occupied unit has 3 bedrooms on the main level and an unfinished basement; Vacant unit has 1 bedroom and 1 bath and requires renovation
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