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    Rapid City, SD Triplexes for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Brick Triplex with Detached Garage
    Updated: Aug 25
    Brick Triplex with Detached Garage

    305 E PHILADELPHIA, Rapid City, SD 57701

    $460,000
    4,100 sqft
    Three‑unit brick property with more than 4,100 square feet
    Built in 1958 with two main‑level units and one lower‑level unit
    Main‑level units each have 2 bedrooms, 1 bathroom, central air, and dishwashers
    Lower‑level unit includes 2 bedrooms, 2 bathrooms, a Jacuzzi tub, and vaulted‑ceiling family room
    Each unit has its own furnace and water heater
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    Triplex with Detached ADU
    Updated: Jul 22
    Triplex with Detached ADU

    510 E Chicago, Rapid City, SD 57701

    $319,900
    Year built 1940 tri‑plex setup with three separate living spaces
    Main‑floor residence plus a fully finished lower‑level suite
    Detached one‑bedroom efficiency cottage/ADU
    Non‑conforming triplex configuration with home + rental income components
    Upgrades throughout, including electrical updates
    View details
    Triplex with Updated Exterior
    Triplex with Updated Exterior

    710 Haines Avenue, Rapid City, SD 57701

    $229,000
    2,352 sqft

    Three-unit residential income property near downtown with separate utility metering and tenant parking.

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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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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Triplex with Attached Garage
    Triplex with Attached Garage

    1008 E 23RD ST, Cheyenne, WY 82001

    $385,000
    2,861 sqft 0.13 AC lot

    Three residential units include a two-bedroom main-level apartment and two one-bedroom apartments.

    View details
    Triplex with Attached Garage
    Triplex with Attached Garage

    1008 E 23rd St, Cheyenne, WY 82001

    $385,000
    2,630 sqft

    Three residential units include a two-bedroom main-level home and two one-bedroom apartments.

    View details
    Remodeled Furnished Triplex
    Remodeled Furnished Triplex

    7 W 37th St, Scottsbluff, NE 69361

    $370,000

    Three furnished units include appliances, in-unit or shared laundry, and flexible month-to-month leasing.

    View details
    Renovated Triplex with Garage
    Renovated Triplex with Garage

    1801 2ND AVENUE, Scottsbluff, NE 69361

    $275,000

    All-electric property includes appliances, shared laundry hookups, and a detached garage.

    View details

    Rapid City, SD Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,452 square feet of properties for sale, with an estimated market value of $1,008,900.

    Sale prices for three-family homes in Rapid City, SD start at $229,000, averaging $336,300, and reaching up to $460,000 — 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 16
    Apartment buildings 5
    Triplexes 3
    Mobile home & RV parks 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $338K

    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%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types 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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