Triplex with Detached
For Sale
$319,900
510 E Chicago, Rapid City, SD 57701
Non-conforming tri-plex includes a main residence, finished basement suite, and detached one-bedroom efficiency cottage with electrical upgrades.
Property SizeContact for details
Days on Market52
Property Features for 510 E Chicago
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Tenancy
Multi
Listing Agency:
EXIT REALTY BLACK HILLS
Listed By:
Tammy Ackerman · License #1711
(605) 228-6784
Source:
Willdixonrealestate
Added: Jul 22
Changed: Sep 10
Last Checked: Sep 11 at 5:18AM
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 EXIT REALTY BLACK HILLS
Investment Insights
Based on property information with market context.
This non-conforming tri-plex offers three distinct living spaces under one property: a main-floor residence, a fully finished lower-level suite, and a detached one-bedroom efficiency cottage (ADU). The layout is designed to function as separate units, providing flexibility for owner-occupants and investors seeking rental income within the same building configuration.
The property includes upgrades throughout, with electrical updates specifically noted. It presents a straightforward owner or investor setup where multiple living arrangements are already in place.
As a three-unit configuration made up of a main home, finished basement suite, and detached ADU, the property offers a compact, self-contained way to combine living space with additional rental quarters.
The property includes upgrades throughout, with electrical updates specifically noted. It presents a straightforward owner or investor setup where multiple living arrangements are already in place.
As a three-unit configuration made up of a main home, finished basement suite, and detached ADU, the property offers a compact, self-contained way to combine living space with additional rental quarters.
Key Highlights
- Year built 1940 tri‑plex setup with three separate living spaces
- Main‑floor residence plus a fully finished lower‑level suite
- Detached one‑bedroom efficiency cottage/ADU
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Non-conforming tri-plex includes a main residence, finished basement suite, and detached one-bedroom efficiency cottage with electrical upgrades.
Where is this triplex located?
The property is located at 510 E Chicago Rapid City, SD.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Year built 1940 tri‑plex setup with three separate living spaces; Main‑floor residence plus a fully finished lower‑level suite; Detached one‑bedroom efficiency cottage/ADU
