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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

1514 9th St, Rapid City, SD 57701

Multifamily property with furnished units, laundry, storage, and off-street parking near downtown amenities.

Property SizeContact for details
Days on Market147

Property Features for 1514 9th St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 2BR, 3 x 1BR
Multifamily Units 5

Additional Details

Furnished Yes
Road Access Yes

Amenities

laundry facility
2 storage units
utility room/workshop area
Listing Agency: BETTER WAY HALF FEE REALTY
Listed By: Bill Hall · License #SD
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 10:07PM

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 BETTER WAY HALF FEE REALTY

Investment Insights

Based on property information with market context.

This 5-unit apartment property includes a mix of two 2-bedroom residences and three 1-bedroom residences. Two units are furnished, and the property provides a laundry facility, two storage units, and a large utility room with workshop space. Off-street parking is also available for residents.

The property is located off West Blvd, 30 seconds from downtown Rapid City. Recreational paths, restaurants, and entertainment are within close proximity, providing convenient access to downtown services and nearby leisure destinations.

Key Highlights

  • Five‑unit apartment property with two 2‑bedroom units and three 1‑bedroom units
  • Two furnished units included
  • Off‑street parking available

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,358
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?
Apartment building - Multifamily property with furnished units, laundry, storage, and off-street parking near downtown amenities.
Where is this apartment building located?
The property is located at 1514 9th St Rapid City, SD.
What are key features of this property?
This property features: Five‑unit apartment property with two 2‑bedroom units and three 1‑bedroom units; Two furnished units included; Off‑street parking available
More about this property
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