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Rapid City, SD 57701 405 E Watertown

405 E Watertown Rapid City, SD - Image 1405 E Watertown Rapid City, SD - Image 2405 E Watertown Rapid City, SD - Image 3
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405 E Watertown Rapid City, SD - Image 4405 E Watertown Rapid City, SD - Image 5405 E Watertown Rapid City, SD - Image 6405 E Watertown Rapid City, SD - Image 7405 E Watertown Rapid City, SD - Image 8405 E Watertown Rapid City, SD - Image 9
Presented By: CENTURY 21 CLEARVIEW REALTY
  • MLS# 173791
  • 05/15/2025
  • Request Tour
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Home Details

This solid investment property features three distinct units, all currently occupied by long-term tenants responsible for their own gas and electric. The main floor unit offers a functional layout with a living room, kitchen, full bathroom, and two bedrooms, while the upstairs studio apartment boasts newer carpet, fresh paint, an updated kitchen, and recently redone steps and patio access. The basement unit includes a living room, full kitchen, bedroom, and bathroom, with shared laundry facilities that present an opportunity for additional revenue through coin-operated machines. Recent upgrades include a new sump pump, floor drain, and sewer lift station to prevent potential backups, ensuring low-maintenance ownership. With additional off-street parking available behind the property and all units generating steady rental income, this triplex is a turnkey investment at an attractive price point.
Presented By: CENTURY 21 CLEARVIEW REALTY

Interior Features for 405 E Watertown

Other Interior Features

Total Number of Units3
Unit FeaturesAll Units

General for 405 E Watertown

Auction Y/NNo
CityRapid City
ConstructionAsbestos
CoolingWindow
CountyPennington
Docs on FileOther
HeatingForced Air, Gas, Space Heater
MiscellaneousCentral Water Heater, Separate Meters
ParkingSee Remarks
Postal Code57701
Primary CityRapid City
Public RemarksThis solid investment property features three distinct units, all currently occupied by long-term tenants responsible for their own gas and electric. The main floor unit offers a functional layout wit
RoofComposition
SewerCity
StatusACTIVE
Status Detail0
StyleUp & Down
SubdivisionSCHNASSE
SubdivisionSD
TypeTriplex
ViewCity
WILL SELLCash, New Loan
WaterCity
Year Built1946
ZoningConforming

Exterior for 405 E Watertown

FoundationBasement, Poured Concrete
Lot Dimensions.18
Lot TypeFlat

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $245,000
MLS#173791
List Date 05/15/2025
Property Type Multi-Family
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