Two-Unit Duplex with Separate
For Sale
$250,000
205 E Watertown Street, Rapid City, SD 57701
Two detached residences offer private fenced yards, individual parking, and separate utility metering.
Property SizeContact for details
Days on Market75
Property Features for 205 E Watertown Street
General Information
Standard status
Active
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
1 x 4BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
private yard
fence
Building Details
Year Built
1953
Buildings
2
Tenancy
Multi
Listing Agency:
Blair Allen Luxury Real Estate LLC
(605) 600-6574
Listed By:
Chris Twiggs
(605) 600-6574
Source:
Teigenmarchant.kw
Added: Jun 18
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 Blair Allen Luxury Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 1953, this duplex consists of two detached homes on one lot rather than a shared-wall configuration. The larger residence contains 4 beds and 1 bath and was remodeled in 2022; the second includes 2 beds and 1 bath. Each home has its own fenced yard, with fencing dividing the outdoor areas, along with dedicated on- or off-street parking and separate utility meters.
Both residences are fully leased and have been maintained through professional management. The independent layouts provide distinct living spaces, outdoor areas, parking arrangements, and utility service for the two homes. The property is located at 205 E Watertown Street in Rapid City, SD 57701.
Both residences are fully leased and have been maintained through professional management. The independent layouts provide distinct living spaces, outdoor areas, parking arrangements, and utility service for the two homes. The property is located at 205 E Watertown Street in Rapid City, SD 57701.
Key Highlights
- Two detached homes occupy a single lot
- 4‑bed/1‑bath residence remodeled in 2022
- Separate 2‑bed/1‑bath residence
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences offer private fenced yards, individual parking, and separate utility metering.
Where is this duplex located?
The property is located at 205 E Watertown Street 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 detached homes occupy a single lot; 4‑bed/1‑bath residence remodeled in 2022; Separate 2‑bed/1‑bath residence
