27-Unit Apartment Building with
For Sale
$1,750,000
3313 Leland Ln, Rapid City, SD 57702
Apartment property with on-site laundry, multiple unit layouts, and separate garage facilities.
Property SizeContact for details
Days on Market43
Property Features for 3313 Leland Ln
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
24 x studio, 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x efficiency
Multifamily Units
27
Amenities
on-site laundry
Building Details
Year Built
1979
Listing Agency:
Engel & Voelkers Black Hills, LLC
(605) 545-2609
Listed By:
Team Malott
(605) 545-2609
Source:
Rapidcitysearch
Added: Jul 19
Changed: Aug 28
Last Checked: Aug 29 at 8:52AM
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 Engel & Voelkers Black Hills, LLC
Investment Insights
Based on property information with market context.
Built in 1979, this 27-unit apartment property in Rapid City includes 24 studio apartments, one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one efficiency unit. The property also includes an on-site laundry facility equipped with washers and dryers, six rentable garages, and one garage designated for management use.
Residents pay their own electricity, while ownership covers water, sewer, boiler heat, and other common-area expenses. The property is located near Canyon Lake, shopping, restaurants, medical facilities, schools, and major employers, with access throughout Rapid City. The address is 3313 Leland Ln, Rapid City, SD 57702.
Residents pay their own electricity, while ownership covers water, sewer, boiler heat, and other common-area expenses. The property is located near Canyon Lake, shopping, restaurants, medical facilities, schools, and major employers, with access throughout Rapid City. The address is 3313 Leland Ln, Rapid City, SD 57702.
Key Highlights
- 27‑unit apartment property with 24 studios, one 2‑bedroom/1‑bath unit, one 1‑bedroom/1‑bath unit, and one efficiency unit
- Six rentable garages plus one dedicated management garage
- On‑site laundry facility with washers and dryers
Property Analytics
Property Profile
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 57702, SD
33,162
Population
16,786
Households
2
Avg Household Size
46
Median Age
48%
College-Educated
98%
High-School Grad
285.8 sq mi
ZIP Area
116
Density / Sq Mi
$85,700
Median Household Income
$44,214
Median Earnings
$1,209
Median Rent
$341,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with on-site laundry, multiple unit layouts, and separate garage facilities.
Where is this apartment building located?
The property is located at 3313 Leland Ln Rapid City, SD.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 27‑unit apartment property with 24 studios, one 2‑bedroom/1‑bath unit, one 1‑bedroom/1‑bath unit, and one efficiency unit; Six rentable garages plus one dedicated management garage; On‑site laundry facility with washers and dryers
