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Pennington County, SD Residential Income Properties for Sale

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11 results
Rapid City Apartment Investment Opportunity
$999,500
5,198 SF

Rapid City Apartment Investment Opportunity

811 Mallow Street, Rapid City, SD 57701

Eight-unit apartment complex in central Rapid City with high occupancy.

  • High occupancy rate and consistent rental history.
  • Eight‑unit apartment complex built in 2005.
  • Combination of 2 and 3 bedroom units with in‑unit laundry and separate electric meters.
  • Recent preventative maintenance including newer roof and water heater replacements.
  • Ground level units are zero‑entry for accessibility.
Updated: Mar 27
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Rapid City Multifamily Investment Property
$990,000

Rapid City Multifamily Investment Property

10 E QUINCY, Rapid City, SD 57701

8-unit multifamily property near downtown Rapid City and SD School of Mines.

  • 8‑unit multifamily investment property in Rapid City, SD
  • Located minutes from South Dakota School of Mines & Technology and downtown Rapid City
  • Diverse unit mix: featuring two studios, five 2‑bedrooms, and one 3‑bedroom
  • Strong rental income potential with current rents: studios ($650‑700/month), 2‑bedrooms ($1,100/month), and 3‑bedroom ($1,500/month)
  • Dedicated off‑street parking
Updated: Apr 17
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Rapid City Multifamily Investment Property
$990,000
0.16 Acres

Rapid City Multifamily Investment Property

8-unit multifamily property near downtown and School of Mines.

10 E Quincy Street, Rapid City, SD 57701
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Move-in Ready Rapid City Duplex
$550,000
2,680 SF

Move-in Ready Rapid City Duplex

Renovated duplex in central Rapid City with income potential.

905/907 Clark Lane, Rapid City, SD 57702
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Rapid City Duplex Investment Opportunity
$285,000
1,640 SF

Rapid City Duplex Investment Opportunity

Up/down duplex with recent updates in Northwest Rapid City.

3225 W Rapid Street, Rapid City, SD 57702
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Rapid City Duplex Investment Property
$295,000

Rapid City Duplex Investment Property

Fully rented duplex in Rapid City with consistent income.

3417 W Rapid Street, Rapid City, SD 57702
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Updated Mobile Home in Rapid
$78,000

Updated Mobile Home in Rapid

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

1980 Lot #33 Country Road, Rapid City, SD 57701
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Rapid City Multifamily Value-Add Opportunity
$1,099,900
4,953 SF

Rapid City Multifamily Value-Add Opportunity

8-unit multifamily property with value-add potential in Rapid City.

10 E Quincy St, Rapid City, SD 57701
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Side-by-Side Duplex Opportunity
$275,000

Side-by-Side Duplex Opportunity

Duplex suitable for home ownership, single family, or investment.

1918 Ivy Ave, Rapid City, SD 57701
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Established Bar and Grill with Apartment
$825,000
5,780 SF

Established Bar and Grill with Apartment

Bar and grill with apartment in growing Caputa, South Dakota.

15350 E Hwy 44, Caputa, SD 57725
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Development Opportunity Near Ellsworth AFB
$3,750,000
24.76 Acres

Development Opportunity Near Ellsworth AFB

Commercial site ready for multifamily or mixed-use development.

TBD Liberty Boulevard, Box Elder, SD 57719
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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 11 Active listings in Pennington County, SD, we suggest exploring several alternatives: similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Rapid City
$81,700
0.25 Acres

Residential Lot in Rapid City

Residential lot for sale in a growing Rapid City subdivision.

3116 Fran Way, Rapid City, SD 57703
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Residential Land in Copperfield Vista
$81,700
0.24 Acres

Residential Land in Copperfield Vista

Premium lots in Copperfield Vista subdivision, Rapid City, SD.

3212 Fran Way, Rapid City, SD 57703
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Residential Lots in Copperfield Vista
$81,700
0.25 Acres

Residential Lots in Copperfield Vista

Premium lots in Copperfield Vista subdivision, Rapid City, South Dakota.

3204 Fran Way, Rapid City, SD 57703
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Residential Lots in Copperfield Vista
$81,700
0.25 Acres

Residential Lots in Copperfield Vista

Premium residential lots in a growing Rapid City location.

3124 Fran Way, Rapid City, SD 57703
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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.

Grandview Dr

Grandview Dr

Land • 9.85 Acres
Value Estimation by Request
0 Grandview Dr, Rapid City, SD 57701
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Sammis Trl

Sammis Trl

Land • 38.18 Acres
Value Estimation by Request
0 Sammis Trl, Rapid City, SD 57702
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13865 Clydesdale Rd

13865 Clydesdale Rd

Farms • 67.60 Acres
Value Estimation by Request
13865 Clydesdale Rd, Rapid City, SD 57702
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Sammis Trl

Sammis Trl

Land • 120.00 Acres
Value Estimation by Request
0 Sammis Trl, Rapid City, SD 57702
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Marlin Dr

Marlin Dr

Multifamily properties • 3.11 Acres
Value Estimation by Request
0 Marlin Dr, Rapid City, SD 57703
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Box Elder, SD 57719

Box Elder, SD 57719

HIGH-RISE APARTMENTS • 33,719 SF
Value Estimation
$2,235,000
Box Elder, SD 57719
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545 Northern Lgts Blvd

545 Northern Lgts Blvd

HIGH-RISE APARTMENTS • 19,781 SF
Value Estimation
$1,400,000
545 Northern Lgts Blvd, Box Elder, SD 57719
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2006 Promise Rd

2006 Promise Rd

HIGH-RISE APARTMENTS • 23,278 SF
Value Estimation
$1,820,000
2006 Promise Rd, Rapid City, SD 57701
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330 Philadelphia St

330 Philadelphia St

HIGH-RISE APARTMENTS • 7,556 SF
Value Estimation
$580,000
330 Philadelphia St, Rapid City, SD 57701-1810
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1617 Debra Dr

1617 Debra Dr

HIGH-RISE APARTMENTS • 12,702 SF
Value Estimation
$995,000
1617 Debra Dr, Rapid City, SD 57702-1007
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636 Cathedral Dr

636 Cathedral Dr

HIGH-RISE APARTMENTS • 9,678 SF
Value Estimation
$760,000
636 Cathedral Dr, Rapid City, SD 57701-5438
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1018 11th St

1018 11th St

HIGH-RISE APARTMENTS • 6,868 SF
Value Estimation
$600,000
1018 11th St, Rapid City, SD 57701-3416
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Pennington County, SD Residential Income Properties Investment Opportunities Market Analysis

Explore 23 residential income properties for sale in Pennington County, SD, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 1,102,939 square feet of properties for sale, with an estimated market value of $5,739,500.

Sale prices for residential income properties in Pennington County, SD start at $990,000, averaging $1,913,166, and reaching up to $3,750,000 — 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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