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3417 W Rapid Street, Rapid City, SD, 57702
Rented Duplex Investment Property

3417 W Rapid Street Rapid City, SD 57702

For Sale
$285,000

MULTI_FAMILY - Rapid City, SD

Days on Market105

Property Features for 3417 W Rapid Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
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
Listed By: Rich Hegre
Added: Apr 15 Changed: Jul 11 Last Checked: Jul 28 at 4:06AM
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 for-sale duplex investment property is fully rented. The current rent status is described as zero vacancy for over three years, providing continuity of occupancy.

The property is located at 3417 W Rapid Street in Rapid City, South Dakota, in Pennington County. The listing’s positioning notes a west-side investment focus within the Rapid City market.

For buyers seeking a residential income asset with an established tenant profile, this duplex offers a straightforward ownership structure. Because the unit is currently reported as occupied with no vacancies for an extended period, it may appeal to investors looking for income continuity rather than immediate re-leasing. Interested parties should review the lease terms and financial details directly with the listing broker, as those specifics are not provided in the remarks.

Key Highlights

  • Duplex property built in 1952
  • Natural gas heating
  • Evaporative cooling

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Garden Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Rapid City offered for sale, fully rented with zero vacancy reported for over three years.
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 property built in 1952; Natural gas heating; Evaporative cooling
More about this property
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