Rapid City, SD Residential income properties for sale

$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.

Updated: Oct 6, 2025

View details

$289,900

2,512 SF

Rapid City Duplex with Updates

401 College Ave, Rapid City, SD 57701

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

Up/down duplex ideal for investment portfolio.
Two fully finished units, each 1,256 sqft, with 3 bedrooms and 1 bathroom.
Each unit has separate meters, secured entrances, laundry rooms, and fenced yards.
Recent updates include fresh interior paint and vinyl flooring throughout both units.
Detached 2‑car garage plus large driveway provide ample off‑street parking.

Updated: Nov 25, 2025

View details

$825,000

Rapid City Multifamily Investment Opportunity

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

201 E Nowlin St, Rapid City, SD 57701

View details

$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

View details

$699,000

3,596 SF

Four-Level Home with City Views

Four-level home with city views, wooded setting, and guest suite.

2105 Pendar Ln, Rapid City, SD 57701

View details

$294,000

1,696 SF

Charming Home with Spacious Yard

3-bedroom home with dining room, finished basement, and fenced yard.

335 Cleveland St, Rapid City, SD 57701

View details

$325,000

1,920 SF

Remodeled Ranch Home with Garage

Recently remodeled ranch home featuring updated kitchen, bathrooms, and finished basement.

1611 Brentwood St, Rapid City, SD 57701

View details

$549,900

Updated Home on Large Lot

Updated home on a large corner lot near amenities.

4991 Raven Cir, Rapid City, SD 57702

View details

$515,000

2,724 SF

Spacious Home Near Downtown

Spacious 5-bedroom home with landscaped grounds near downtown Rapid City.

222 Sandra Ln, Rapid City, SD 57701

View details

$374,000

Move-in Ready Rapid Valley Home

Split foyer home with fenced yard and garden beds.

3570 Wesson Rd, Rapid City, SD 57703

View details

Well-Maintained Home with Fenced Backyard

$410,000

1,862 SF

Well-Maintained Home with Fenced Backyard

4-bedroom, 3-bath home on .41 acre near hospital and shopping.

4121 Derby Ln, Rapid City, SD 57701

View details

$329,000

Move-In Ready Ranch Home

Updated 5-bedroom, 2-bath ranch in established Rapid Valley neighborhood.

1514 Plateau Ln, Rapid City, SD 57703

View details

$342,000

1,920 SF

Renovated Five-Bedroom Home

Centrally located, renovated five-bedroom home with modern amenities.

1317 Racine St, Rapid City, SD 57701

View details

$124,800

New Home in Prairie Acres

New 3-bedroom, 2-bathroom home with warranties included.

4340 Circlewood Dr, Rapid City, SD 57703

View details

$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

View details

$440,000

2,028 SF

Ranch-Style Home with Walk-Out Basement

Impeccably maintained 4 bed, 2 bath home with backyard oasis.

872 Cobalt Dr, Rapid City, SD 57701

View details

$700,000

4,460 SF

West Rapid City Custom Home

Custom home with optional secondary living space on large lot.

3410 Carmen Ct, Rapid City, SD 57702

View details

Spacious Townhome with Finished Basement

$435,000

2,640 SF

Spacious Townhome with Finished Basement

Three-bedroom, three-bathroom townhome featuring a finished basement and modern amenities.

627 Copperfield Dr, Rapid City, SD 57703

View details

Explore Off-Market Properties in Rapid City, SD

Consider similar Off-Market properties in Rapid City, 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.

1018 11th St

HIGH-RISE APARTMENTS • 6,868 SF

Value Estimation by Request

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

View details

1617 Debra Dr

HIGH-RISE APARTMENTS • 12,702 SF

Value Estimation by Request

1617 Debra Dr, Rapid City, SD 57702-1007

View details

330 Philadelphia St

HIGH-RISE APARTMENTS • 7,556 SF

Value Estimation by Request

330 Philadelphia St, Rapid City, SD 57701-1810

View details

636 Cathedral Dr

HIGH-RISE APARTMENTS • 9,678 SF

Value Estimation by Request

636 Cathedral Dr, Rapid City, SD 57701-5438

View details

2006 Promise Rd

HIGH-RISE APARTMENTS • 23,278 SF

Value Estimation by Request

2006 Promise Rd, Rapid City, SD 57701

View details

Rapid City, SD Residential Income Properties Investment Opportunities Market Analysis

Explore 23 residential income properties for sale in Rapid City, SD, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 1,663,121 square feet of properties for sale, with an estimated market value of $3,326,242.

Prices for residential income properties in Rapid City, SD start at $3,326,242, averaging $3,326,242, and reaching up to $3,326,242 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Rapid City, SD Residential Income Properties for Sale

Rapid City Multifamily Investment Opportunity

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

Rapid City Duplex with Updates

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

Rapid City Multifamily Investment Opportunity

Updated Mobile Home in Rapid

Four-Level Home with City Views

Charming Home with Spacious Yard

Remodeled Ranch Home with Garage

Updated Home on Large Lot

Spacious Home Near Downtown

Move-in Ready Rapid Valley Home

Well-Maintained Home with Fenced Backyard

Move-In Ready Ranch Home

Renovated Five-Bedroom Home

New Home in Prairie Acres

New Home in Prairie Acres

Ranch-Style Home with Walk-Out Basement

West Rapid City Custom Home

Spacious Townhome with Finished Basement

Explore Off-Market Properties in Rapid City, SD

1018 11th St

1617 Debra Dr

330 Philadelphia St

636 Cathedral Dr

2006 Promise Rd

Rapid City, SD Residential Income Properties Investment Opportunities Market Analysis

Browse Residential income properties for Sale Near Rapid City, SD

Popular Searches in Rapid City, SD

Popular Categories

Most Searched ZIP Codes in Rapid City, SD

Rapid City, SD Residential Income Properties for Sale

Rapid City Multifamily Investment Opportunity

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

Rapid City Duplex with Updates

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

Rapid City Multifamily Investment Opportunity

Updated Mobile Home in Rapid

Four-Level Home with City Views

Charming Home with Spacious Yard

Remodeled Ranch Home with Garage

Updated Home on Large Lot

Spacious Home Near Downtown

Move-in Ready Rapid Valley Home

Well-Maintained Home with Fenced Backyard

Move-In Ready Ranch Home

Renovated Five-Bedroom Home

New Home in Prairie Acres

New Home in Prairie Acres

Ranch-Style Home with Walk-Out Basement

West Rapid City Custom Home

Spacious Townhome with Finished Basement

Explore Off-Market Properties in Rapid City, SD

1018 11th St

1617 Debra Dr

330 Philadelphia St

636 Cathedral Dr

2006 Promise Rd

Rapid City, SD Residential Income Properties Investment Opportunities Market Analysis

Browse Residential income properties for Sale Near Rapid City, SD

Popular Searches in Rapid City, SD

Popular Categories

Most Searched ZIP Codes in Rapid City, SD

Select Neighborhood