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Four-Unit Apartment Building
For Sale
$259,900

831 Dilger Ave, Rapid City, SD 57701

The property includes private off-street parking and a shared coin-operated laundry room.

Property SizeContact for details
Days on Market231

Property Features for 831 Dilger Ave

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence A little elbow grease

Additional Details

Highway Access Yes

Amenities

Coin-operated Laundry

Building Details

Tenancy Multi
Listing Agency: KELLER WILLIAMS REALTY BLACK HILLS
Listed By: TOM BLAIN
Source: Exprealty
Added: Mar 2 Changed: Oct 19 Last Checked: Oct 19 at 2:18PM

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 KELLER WILLIAMS REALTY BLACK HILLS

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Investment Insights

Based on property information with market context.

This fourplex contains four one-bedroom, one-bathroom apartments. Two units are rented, and the property has a history of being easy to rent. Residents have access to private off-street parking and a common laundry room with coin-operated machines. Vinyl siding and windows are among the building’s exterior features, and a small yard is also part of the property.

The building is at 831 Dilger Ave in Rapid City, South Dakota, near schools and shopping, with access to downtown and I-90.

Key Highlights

  • Four apartments, each with one bedroom and one bathroom
  • Two units currently rented, with deposits
  • Private off‑street parking

Property Analytics

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Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

311
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The property includes private off-street parking and a shared coin-operated laundry room.
Where is this quadplex located?
The property is located at 831 Dilger Ave Rapid City, SD.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Four apartments, each with one bedroom and one bathroom; Two units currently rented, with deposits; Private off‑street parking
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