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    Pennington County, SD Residential Income Properties for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD Spearfish, SD Lead, SD Huron, SD Tea, SD Watertown, SD
    35 properties
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    8-Unit Apartment Building with Zero-Entry
    Updated: Mar 27
    8-Unit Apartment Building with Zero-Entry

    811 Mallow Street, Rapid City, SD 57701

    $999,500
    5,198 sqft 0.40 AC lot
    8 units with four on the upper level and four on the ground level
    Ground‑level zero‑entry access plus private entries for every unit
    2005 construction with framed exterior and composition roof
    Private paved parking lot and electric heating with wall unit cooling
    Separate electric meters and private in‑unit laundry in each unit
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    8-Unit Multifamily Apartment Building
    Updated: Jun 12
    8-Unit Multifamily Apartment Building

    10 E Quincy Street, Rapid City, SD 57701

    $899,000
    0.16 AC lot
    Prime location near South Dakota School of Mines & Technology and downtown Rapid City.
    8‑unit multifamily property in a consistently occupied rental corridor.
    Diverse unit mix: studios, 2‑bedroom, and 3‑bedroom units.
    Strong rental income potential: $650-$1,500/month per unit.
    Off‑street parking and common laundry available.
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    Up-and-Down Duplex with Garage
    Up-and-Down Duplex with Garage

    611 St. Patrick Street, Rapid City, SD 57701

    $245,000
    1,928 sqft

    Two units include a three-bedroom main residence and a ground-level studio with shared laundry and storage.

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    See what stands out in Pennington County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Brick Triplex with Detached Garage
    Brick Triplex with Detached Garage

    305 E PHILADELPHIA, Rapid City, SD 57701

    $460,000
    4,100 sqft

    Three residential units offer distinct layouts, private parking options, shared outdoor areas, and individual furnaces and water heaters.

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    Duplex with Privacy-Fenced Backyards
    Duplex with Privacy-Fenced Backyards

    905/907 Clark Lane, Rapid City, SD 57702

    $550,000
    2,680 sqft

    Move-in ready duplex with two renovated units, each featuring 1,340 SF and private outdoor space.

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    Rented Duplex Investment Property
    Rented Duplex Investment Property

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Duplex in Rapid City offered for sale, fully rented with zero vacancy reported for over three years.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fully Rented Duplex
    Fully Rented Duplex

    3417 W Rapid Street, Rapid City, SD 57702

    $285,000

    Two-unit residential property with current occupancy and a documented vacancy-free period exceeding three years.

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    Duplex Property With Mobile Home
    Duplex Property With Mobile Home

    5823 Corbin Dr, Rapid City, SD 57703

    $249,900
    0.69 AC lot

    Two homes offer finished rental space alongside an unfinished lower-level unit for added flexibility.

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    Fully Rented Duplex
    Fully Rented Duplex

    3417 W RAPID, Rapid City, SD 57702

    $285,000

    Two-unit residential property with current occupancy and an established operating history.

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    Single-Family Rental Portfolio
    Single-Family Rental Portfolio

    270 Landmark Court, Box Elder, SD 57719

    $4,150,000

    19 modern rental homes with detached single-car garages and tenant-paid utilities provide a ready-made residential income portfolio.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    1948 Hillsview Dr, Rapid City, SD 57702

    $549,900
    0.90 AC lot

    Updated multifamily property near Canyon Lake Park, schools, shopping, and restaurants with tenant and owner storage options.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    811 MALLOW ST, Rapid City, SD 57701

    Contact for pricing
    5,198 sqft

    Eight apartments offer varied two- and three-bedroom layouts with on-site private parking.

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    Downtown Two-Unit Duplex
    Downtown Two-Unit Duplex

    711 5TH ST, Rapid City, SD 57702

    $600,000

    Commercially zoned property with residential occupancy, basement access, and a detached single-car garage.

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    Furnished Side-by-Side Duplex
    Furnished Side-by-Side Duplex

    200 Saint Cloud St, Rapid City, SD 57701

    $455,000

    Each residence offers a single-level layout with a kitchen, living room, and laundry area.

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    Triplex with Detached ADU
    Triplex with Detached ADU

    510 E Chicago, Rapid City, SD 57701

    $324,900

    Non-conforming tri-plex includes a main residence, finished basement suite, and detached one-bedroom efficiency cottage with electrical upgrades.

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    Raised-Ranch Duplex with Storage Shed
    Raised-Ranch Duplex with Storage Shed

    811 N MAPLE, Aberdeen, SD 57701

    $265,000

    Two-unit residential income property with basement space, updated roofing, and a separate storage shed.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    818 South St, Rapid City, SD 57701

    $279,000

    Two-level layout offers separate living areas, distinct entrances, and shared in-home laundry.

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    Two-Unit Duplex with Newer Roof
    Two-Unit Duplex with Newer Roof

    811 N Maple Ave, Rapid City, SD 57701

    $265,000

    Raised-ranch duplex with matching two-bedroom layouts, one bathroom per unit, basement space, and a storage shed.

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    Duplex with Detached Garage
    Duplex with Detached Garage

    820 BLAINE AVE, Rapid City, SD 57701

    $285,000

    Income property offering fenced outdoor areas, alley-accessed garage space, and off-street parking.

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    Side-by-Side Duplex with Storage
    Side-by-Side Duplex with Storage

    801 N MAPLE AVE, Rapid City, SD 57701

    $285,000

    Separate metering, private laundry, and recent exterior improvements support straightforward property management.

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    Duplex Investment Property
    Duplex Investment Property

    809 HALLEY AVE, Rapid City, SD 57701

    $265,000

    Two-unit residential asset at an established Rapid City address.

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    Mobile Home Park Portfolio
    Mobile Home Park Portfolio

    1702 E Hwy 44, Rapid City, SD 57703

    $299,000

    Multiple manufactured homes are available across designated Brookdale Estates lots, with purchase options tailored to the selected properties.

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    Two-Residence Duplex Property
    Two-Residence Duplex Property

    421 Spruce St, Rapid City, SD 57701

    $145,000

    Separate residences occupy one lot and require repair and renovation work.

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    Updated Duplex with Rented Lower Unit
    Updated Duplex with Rented Lower Unit

    625 Saint Cloud St, Rapid City, SD 57701

    $325,000
    1,747 sqft

    Upper-level improvements include a new kitchen, carpeting, paint, trim, and flooring, while the lower unit is occupied.

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    Pennington County, SD Residential Income Properties Market Trends and Statistics

    Explore 47 residential income properties for sale in Pennington County, SD, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 23,203 square feet of properties for sale, with an estimated market value of $15,432,100.

    Sale prices for residential income properties in Pennington County, SD start at $78,000, averaging $551,146, and reaching up to $4,150,000 — 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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