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Rapid City, SD 57701 1 Other

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Presented By: CINC REALTY LLC
  • MLS# 179999
  • 07/14/2026
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Home Details

Listed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex—all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These properties have long-term, high-performing rent rolls with stable occupancy and proven cash flow, making them an exceptional addition to any portfolio. The current owner has relocated out of the area and the long-time maintenance manager is retiring, creating a natural transition point for a new investor to step in and supercharge their real estate portfolio. Offered at an 8.5% cap rate based on trailing 12-month performance, supported by consistent rental history. Currently, 12 of the 17 units have at least 6 months remaining on their leases. Seller financing will be considered for qualified buyers, providing flexible acquisition options. Property features across the portfolio include: Side-by-side and up/down layouts, units with 2-car garages, walkouts and raised ranch designs, coin-operated laundry in select buildings, multiple storage sheds & fenced yards. This is a turnkey, income-producing portfolio with strong fundamentals. Investors seeking durable cash flow and geographic efficiency will find tremendous value here.
Presented By: CINC REALTY LLC

Interior Features for 1 Other

Other Interior Features

Total Number of Units17
Unit FeaturesAll Units, Some Units, Window Coverings, Fenced Area, LR/DR Combo, Common Utility Room, Individual Water Heaters, Individual Heat, Laundry Hookups, Fenced Yard

General for 1 Other

Auction Y/NNo
CityRapid City
CoolingNone, Wall
CountyPennington
Docs on FileOwner Operating Stmt, Survey, Leases, Property Disclosure
HeatingElectric, Forced Air, Natural Gas, Baseboard, Cove
Originating MLSBlack Hills AOR
ParkingGarage, Street
Public RemarksListed by Tony Marshall, 605-391-8669. A rare opportunity to acquire 7 duplexes and 1 triplex—all maintained and all in close proximity of each other in the Blaine/N. Maple neighborhoods. These prop
RoofComposition
SewerCity (at site)
StatusACTIVE
Status Detail0
SubdivisionOTHER
TermsCash, Contract for Deed, New Loan, Owner carry 2nd Mortgage
TypeOther
ViewCity
WaterCity (at site)
Year Built1950
ZoningUnknown

Exterior for 1 Other

FoundationFull Basement, Crawl Space, Walkout
Lot Dimensionsvaries
Lot TypeFlat, Rolling, Corner, Interior

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $2,311,000
MLS#179999
List Date 07/14/2026
Property Type Multi-Family
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