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Duplex with Separate Basement Entrance
For Sale
Contact for pricing
Pending

518 E Philadelphia St, Rapid City, SD 57701

Newly updated duplex with two bedrooms on the main level and a separate 1 bed, 1 bath basement entrance.

Property SizeContact for details
Days on Market151

Property Features for 518 E Philadelphia St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Great Peaks Realty Monro & Gran
Listed By: Ty Mcginnis · License #SD 447661
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 6 at 10:30PM

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 Great Peaks Realty Monro & Gran

Investment Insights

Based on property information with market context.

This newly updated duplex offers two bedrooms and one bath on the main floor. The basement includes one bedroom and one bath, with a separate entrance for independent access. Outside, the property features fenced front and back yards, along with a detached garage.

Located at 518 E Philadelphia St in Rapid City, this setup can be suited to an owner-occupant or an investment-focused buyer seeking separate living arrangements within the same property.

The layout supports a split configuration between the main floor and basement, with the fenced outdoor areas and detached garage providing additional practical utility for daily living or tenant needs.

Key Highlights

  • Newly updated duplex with 2 bedrooms and 1 bath on the main level
  • Basement includes 1 bedroom, 1 bath with a separate entrance
  • Fenced front and back yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Accounting Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

626
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Newly updated duplex with two bedrooms on the main level and a separate 1 bed, 1 bath basement entrance.
Where is this duplex located?
The property is located at 518 E Philadelphia St Rapid City, SD.
What are key features of this property?
This property features: Newly updated duplex with 2 bedrooms and 1 bath on the main level; Basement includes 1 bedroom, 1 bath with a separate entrance; Fenced front and back yard
More about this property
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