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    Triplex

    Rapid City, SD Triplexes for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Triplex with Detached ADU
    Updated: Jul 22
    Triplex with Detached ADU

    510 E Chicago, Rapid City, SD 57701

    $334,900
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Furnished Triplex with Separate Entrances
    Furnished Triplex with Separate Entrances

    112 E 11th, Alliance, NE 69301

    $325,500
    2,120 sqft 0.08 AC lot

    Renovated, fully furnished tri-unit property offering three income-ready suites with private entrances.

    View details
    Turnkey Tri-Unit Income Property
    Turnkey Tri-Unit Income Property

    112 E 11th, Alliance, NE 69301

    $350,000
    3,500 sqft

    Fully furnished, renovated tri-unit property with three suites, each featuring a private entrance.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    230 230 1/2 234 W Ohio Street, Spearfish, SD 57783

    $399,000
    0.18 AC lot

    Triplex in Spearfish with three private entrances, updated interiors, and a newer roof and gutters.

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    Mixed-Use Building with Parking
    Mixed-Use Building with Parking

    517 N Main Street, Spearfish, SD 57783

    $795,000

    Renovated mixed-use building offers three commercial spaces and three residential units with six paved off-street parking spaces.

    View details

    Rapid City, SD Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Rapid City, SD on our real estate platform.

    Sale prices for three-family homes in Rapid City, SD average $334,900 — 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 5
    Apartment buildings 4
    Mobile home & RV parks 1
    Triplexes 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%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    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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