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RAPID CITY, SD 57701 701 Dakota Dr

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Presented By: COLDWELL BANKER BLACK HILLS LEGACY
  • MLS# 175668
  • 09/12/2025
  • Request Tour
  • Request Info

Home Details

Unbeatable location in the heart of west side Rapid City, adjacent to Sioux Park and the bike path - just minutes from schools, shopping, downtown, and countless dining options. This 48-unit apartment complex includes 44 two-bedroom units, 4 one-bedroom units, and 48 on-site storage units. 2nd and 3rd floor units have large balconies to enjoy the beautiful park setting. Tenants enjoy convenience and location, while owners benefit from thoughtful maintenance and improvements over the years, including durable siding, new roofs, custom exterior doors, lighting, water heaters, resurfaced parking lot, security system, concrete work (in progress), among many other updates. With its prime location and strong rental appeal, this complex is a rare opportunity to buy in the heart of Rapid City. Coin operated laundry in each building.
Presented By: COLDWELL BANKER BLACK HILLS LEGACY

Interior Features for 701 Dakota Dr

Other Interior Features

Total Number of Units48
Unit FeaturesSome Units, Balcony/Deck

General for 701 Dakota Dr

Auction Y/NNo
CityRAPID CITY
ConstructionHardboard, Other
CoolingElectric
CountyPennington
Docs on FileSurvey
HeatingElectric, Hot Water, Baseboard
MiscellaneousSeparate Meters
ParkingPaved
Postal Code57702
Primary CityRapid City
Public RemarksUnbeatable location in the heart of west side Rapid City, adjacent to Sioux Park and the bike path - just minutes from schools, shopping, downtown, and countless dining options. This 48-unit apartment co
RoofComposition
SewerCity
StatusACTIVE
Status Detail0
StyleOther
SubdivisionOTHER
SubdivisionSD
TypeOther
ViewCreek, City, Trees
WILL SELLCash, New Loan
WaterCity
Year Built1972
ZoningConforming

Exterior for 701 Dakota Dr

FoundationPoured Concrete
Lot Dimensions2.1 acre
Lot TypeFlat

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $5,200,000
MLS#175668
List Date 09/12/2025
Property Type Multi-Family
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