Two-Story
For Sale
$285,000
3417 W Rapid Street, Rapid City, SD 57702
MULTI-FAMILY, 2 Story, Rapid City, SD
Property SizeContact for details
Days on Market184
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Property Features for 3417 W Rapid Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Subdivision
Owen Mann
Elementary school district
Rapid City
Middle school district
Rapid City
High school district
Rapid City
Directions
W Main right on 32nd left on W Rapid. Home is on the left at the end.
Standard status
Active
Utilities
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Building Details
Year built
1952
Floors in Building
2
Number of units
2
Roof type
Composition
Architectural style
Other
Listing Agency:
Engel & Voelkers Black Hills Rapid City
(605) 716-4847
Listed By:
Rich Hegre
(605) 343-2700
Added: Apr 15
Changed: Sep 14
Last Checked: Oct 15 at 6:06PM
MLS# 88236
Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story duplex, constructed in 1952, offers a residential income configuration with four bedrooms identified in the property record. Natural gas heating, evaporative cooling, and a composition roof serve the building. The property is fully rented, with zero vacancy reported for over 3 years.
Located at 3417 W Rapid Street in Rapid City, South Dakota, the duplex is positioned on the city’s west side. The established building profile and existing occupancy provide a straightforward setup for continued residential income use.
Located at 3417 W Rapid Street in Rapid City, South Dakota, the duplex is positioned on the city’s west side. The established building profile and existing occupancy provide a straightforward setup for continued residential income use.
Key Highlights
- Duplex with two‑story configuration
- Fully rented with zero vacancy for over 3 years
- Built in 1952
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
406
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Income property with sustained occupancy and separate heating and cooling systems.
Where is this duplex located?
The property is located at 3417 W Rapid Street Rapid City, SD.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex with two‑story configuration; Fully rented with zero vacancy for over 3 years; Built in 1952
