Quadplex

Rapid City, SD Quadplexes for Sale

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Aberdeen, SD Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Sturgis, SD Hermosa, SD
Fourplex with Private Entrances
Updated: Oct 19
Fourplex with Private Entrances

1311 Carolyn Ct, Rapid City, SD 57701

$699,000
Four rental units in an upper‑and‑lower configuration
Built in 2005
Private entrances and individual decks or balconies
Paved parking
Kitchen/dining combinations with refrigerators, ranges, and dishwashers
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Four-Unit Apartment Building
Updated: Mar 2
Four-Unit Apartment Building

831 Dilger Ave, Rapid City, SD 57701

$259,900
Four apartments, each with one bedroom and one bathroom
Two units currently rented, with deposits
Private off‑street parking
Shared laundry room with coin‑operated machines
Vinyl siding and windows; small yard
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See hot listings in Rapid City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fourplex With Garage Parking
Fourplex With Garage Parking

438 S 14th Street, Hot Springs, SD 57747

$499,000
5,160 sqft 0.30 AC lot

Four residential units offer two-level layouts, individual laundry hookups, and access to a shared park-facing setting.

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Four-Unit Apartment Property
Four-Unit Apartment Property

2412 PATTISON AVE, Cheyenne, WY 82009

$575,000
3,368 sqft 0.18 AC lot

Four two-bedroom units offer carpet and LVP flooring, laundry hookups, landscaped grounds, and off-street parking.

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Four-Unit Quadplex
Four-Unit Quadplex

2412 Pattison Ave, Cheyenne, WY 82009

$575,000
3,368 sqft

Four two-bedroom units feature laundry hookups, carpet and LVP flooring, off-street parking, and a utility shed.

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Updated Four-Unit Multifamily
Updated Four-Unit Multifamily

1113 Kingsbury St, Belle Fourche, SD 57717

$420,000

Four apartments with varied bedroom layouts, on-site laundry, off-street parking, and a two-car garage.

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Rapid City, SD Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Rapid City, SD on our real estate platform.

Sale prices for four-unit buildings in Rapid City, SD start at $259,900, averaging $479,450, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 14
Apartment buildings 7
Triplexes 3
Mobile home & RV parks 1
Short term rental properties 1

Demographics Overview

Population 99K
Population Growth (5Y) +3.2%
Median Household Income $70,356
College Educated 33.1%

Taxes & Financing

Tax Rate (average for all types) 1.36%
Property Tax per SF $31.57 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Pennington County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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