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Pennington County, SD Multifamily Properties for Sale

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$825,000

Rapid City Multifamily Investment Opportunity

201 E Nowlin St, Rapid City, SD 57701

Well-maintained six-unit complex in growing Rapid City.

Excellent investment opportunity in growing Rapid City.
Six units (three duplexes) provide immediate rental income.
Each unit includes 2 bedrooms, 1 bathroom, stove, refrigerator, window AC, gas water heater, forced air heating, and washer/dryer hookups.
Potential to sell duplexes individually due to separate plotted lots and legal descriptions.
Tenants responsible for their own gas and electric utilities.

Last Update: Dec 4

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$1,625,000

Rapid City Multifamily Investment Opportunity

123 E Nowlin St, Rapid City, SD 57701

Well-maintained 12-unit complex in growing Rapid City, South Dakota.

12‑unit complex (six duplexes) offering a significant investment opportunity in a growing market (Rapid City).
Each duplex sits on a separately plotted lot, allowing for individual sale or package sale flexibility.
Each unit features 2 bedrooms and 1 bathroom, appealing to a broad tenant base.
Tenants pay their own gas and electric utilities, reducing landlord expenses.
Units are equipped with essential appliances: stove, refrigerator, window air conditioner, gas water heater, and forced air heating.

Last Update: Oct 6

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$289,900

2,512 SF

Rapid City Duplex with Updates

Updated duplex in north Rapid City with separate entrances and yards.

401 College Ave, Rapid City, SD 57701

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$78,000

Updated Mobile Home in Rapid

Move-in ready 3 bed, 2 bath mobile home for sale.

1980 Lot #33 Country Rd, Rapid City, SD 57701

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Rapid City Triplex Investment Opportunity

$179,000

1,768 SF

Rapid City Triplex Investment Opportunity

Updated triplex in central Rapid City with income potential.

1318 Quincy St, Rapid City, SD 57701

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$124,800

New Home in Prairie Acres

New 3-bedroom, 2-bathroom home near the airport and golf course.

4340 Circlewood Dr, Rapid City, SD 57703

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$185,000

New Home in Prairie Acres

Newly built 3-bedroom home with modern finishes and low maintenance.

4449 Circlewood Dr, Rapid City, SD 57703

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$165,000

New Home in Prairie Acres

Newly constructed 3-bedroom home with modern finishes and warranties.

4422 Circlewood Dr, Rapid City, SD 57703

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$175,000

New Home in Prairie Acres

Newly constructed 3-bedroom home with modern touches and low maintenance.

4309 Circlewood Dr, Rapid City, SD 57703

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Pennington County, SD, we suggest exploring several alternatives: similar 8 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Pennington County, SD

Consider similar Off-Market properties in Pennington County, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Box Elder, SD 57719

HIGH-RISE APARTMENTS • 33,719 SF

Value Estimation by Request

Box Elder, SD 57719

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545 Northern Lgts Blvd

HIGH-RISE APARTMENTS • 19,781 SF

Value Estimation by Request

545 Northern Lgts Blvd, Box Elder, SD 57719

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1018 11th St

HIGH-RISE APARTMENTS • 6,868 SF

Value Estimation by Request

1018 11th St, Rapid City, SD 57701-3416

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1617 Debra Dr

HIGH-RISE APARTMENTS • 12,702 SF

Value Estimation by Request

1617 Debra Dr, Rapid City, SD 57702-1007

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330 Philadelphia St

HIGH-RISE APARTMENTS • 7,556 SF

Value Estimation by Request

330 Philadelphia St, Rapid City, SD 57701-1810

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636 Cathedral Dr

HIGH-RISE APARTMENTS • 9,678 SF

Value Estimation by Request

636 Cathedral Dr, Rapid City, SD 57701-5438

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2006 Promise Rd

HIGH-RISE APARTMENTS • 23,278 SF

Value Estimation by Request

2006 Promise Rd, Rapid City, SD 57701

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Pennington County, SD Multifamily Properties Investment Opportunities Market Analysis

Explore 16 multifamily properties for sale in Pennington County, SD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 643,381 square feet of properties for sale, with an estimated market value of $1,750,000.

Prices for multifamily properties in Pennington County, SD start at $600,000, averaging $875,000, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Pennington County, SD Multifamily Properties for Sale

Rapid City Multifamily Investment Opportunity

Well-maintained six-unit complex in growing Rapid City.