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2-Home Multifamily Property
New
For Sale
$250,000

239 Wright St, Rapid City, SD 57701

Two separate residences include private laundry hookups and kitchen appliances.

Property Size754 SF
Lot Size0.31 Acres
Price / SF$331.56
Days on Market2

Property Features for 239 Wright St

General Information

Standard status Active
Size 754 SF
Lot size 0.31 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence handyman special

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

private laundry hookups

Building Details

Year Built 1953
Buildings 2
Listing Agency: Berkshire Hathaway Homeservices Midwest Realty
Listed By: Team Malott
Source: Rapidcitysearch
Added: Oct 30 Last Checked: Aug 26 at 12:52PM

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 Berkshire Hathaway Homeservices Midwest Realty

Rey
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Investment Insights

Based on property information with market context.

The .31-acre property contains two separate homes at 239 and 237 Wright St. The 754-square-foot home at 239 Wright St has 2 bedrooms, 1 bathroom, a crawlspace, an updated bathroom, and kitchen improvements. The 1,728-square-foot residence at 237 Wright St has 4 bedrooms and 1 bathroom, with two bedrooms on the main level and two on the lower level, along with laundry space and storage. Both homes have laundry hookups, a refrigerator, a stove/range, newer water heaters and furnaces, and access to an updated sewer line. The property was built in 1953. Shopping, entertainment, medical facilities, and the I-90 corridor are minutes away.

Key Highlights

  • Two homes on a .31‑acre parcel
  • 239 Wright St home: 754 sq ft, 2 bedrooms, 1 bathroom
  • 237 Wright St home: 1,728 sq ft, 4 bedrooms, 1 bathroom

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

538
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?
Multifamily property - Two separate residences include private laundry hookups and kitchen appliances.
Where is this multifamily property located?
The property is located at 239 Wright 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 homes on a .31‑acre parcel; 239 Wright St home: 754 sq ft, 2 bedrooms, 1 bathroom; 237 Wright St home: 1,728 sq ft, 4 bedrooms, 1 bathroom
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