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Rapid City, SD 57701 1127 Holcomb Avenue

1127 Holcomb Avenue Rapid City, SD - Image 11127 Holcomb Avenue Rapid City, SD - Image 21127 Holcomb Avenue Rapid City, SD - Image 3
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1127 Holcomb Avenue Rapid City, SD - Image 41127 Holcomb Avenue Rapid City, SD - Image 51127 Holcomb Avenue Rapid City, SD - Image 61127 Holcomb Avenue Rapid City, SD - Image 71127 Holcomb Avenue Rapid City, SD - Image 81127 Holcomb Avenue Rapid City, SD - Image 91127 Holcomb Avenue Rapid City, SD - Image 101127 Holcomb Avenue Rapid City, SD - Image 111127 Holcomb Avenue Rapid City, SD - Image 121127 Holcomb Avenue Rapid City, SD - Image 131127 Holcomb Avenue Rapid City, SD - Image 141127 Holcomb Avenue Rapid City, SD - Image 151127 Holcomb Avenue Rapid City, SD - Image 161127 Holcomb Avenue Rapid City, SD - Image 171127 Holcomb Avenue Rapid City, SD - Image 181127 Holcomb Avenue Rapid City, SD - Image 191127 Holcomb Avenue Rapid City, SD - Image 201127 Holcomb Avenue Rapid City, SD - Image 211127 Holcomb Avenue Rapid City, SD - Image 221127 Holcomb Avenue Rapid City, SD - Image 231127 Holcomb Avenue Rapid City, SD - Image 241127 Holcomb Avenue Rapid City, SD - Image 251127 Holcomb Avenue Rapid City, SD - Image 261127 Holcomb Avenue Rapid City, SD - Image 271127 Holcomb Avenue Rapid City, SD - Image 281127 Holcomb Avenue Rapid City, SD - Image 291127 Holcomb Avenue Rapid City, SD - Image 301127 Holcomb Avenue Rapid City, SD - Image 311127 Holcomb Avenue Rapid City, SD - Image 321127 Holcomb Avenue Rapid City, SD - Image 331127 Holcomb Avenue Rapid City, SD - Image 341127 Holcomb Avenue Rapid City, SD - Image 351127 Holcomb Avenue Rapid City, SD - Image 361127 Holcomb Avenue Rapid City, SD - Image 37
Presented By: Blair Allen Luxury Real Estate LLC
  • MLS# 86424
  • 10/17/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,848

Home Details

Discover an exceptional income-generating opportunity with this meticulously maintained duplex featuring an efficient up-and-down layout and impressive 8%+ cap rate. The lower unit offers 2 bedrooms and 1 bathroom with fresh updates, new flooring, and paint throughout, while the spacious upper unit boasts 3 bedrooms, 1 bathroom, and a beautiful blend of new flooring and preserved original hardwood, plus a covered patio for outdoor living. Strategic capital improvements including a new roof (2022), radon mitigation system, freshly paved driveways, professional landscaping, fencing, a new 10x10 shed (2025) and new sewer line from house to city main(2025) position this property for long-term value and minimal maintenance. New exterior painting is currently in progress. Each unit features in-unit washer and dryer for maximum tenant appeal, separate utilities, and generous outdoor space that supports premium rents and strong retention. Whether you're expanding your portfolio or exploring house-hacking to offset your mortgage while building equity, this turnkey duplex delivers stable cashflow and proven performance—schedule your showing today before this solid performer is gone. Listed by Madison (Reeves) Shipman -Blair Allen Luxury Real Estate (605) 569-9019
Presented By: Blair Allen Luxury Real Estate LLC

Interior Features for 1127 Holcomb Avenue

Bedrooms

Unit 1 Bedrooms3
Unit 2 Bedrooms2

Other Interior Features

# of Units2
BasementFull Basement, Walkout, Poured Concrete Found.

General for 1127 Holcomb Avenue

Agent First NameMadison
Agent Last NameShipman
AreaRapid City -North
Auction Y/NNo
CityRapid City
ClassMULTI-FAMILY
ConstructionFrame
CoolingRefrig. Wall Unit
CovenantsNo
DirectionsHead East on St. Joseph St. toward 7th St. then turn left onto 5th St. Continue onto Haines Ave., turn right onto Anamosa St. then turn right onto Holcomb Ave. Destination will be on the right.
Docs on FileProperty Disclosure, Survey
HeatingNatural Gas, Electric, Forced Air, Baseboard
Listing Agent1749
MiscellaneousSeparate Meters, Central Water Heater, Individual Heat & Air, Dead Bolt Locks
ParkingPaved, Assigned, Other (See Remarks)
Pets Allowed (Y/N)No
Rent Income2905/mo
RoofComposition
Sale/RentFor Sale
School DistrictRapid City
Short SaleNo
Showing InstructionsAppointment Only, Lock Box, 24 Hr Notice
StatusActive
StatusACTIVE
Status Detail0
StyleUp & Down
SubdivisionMillard Addition
SystemsBreaker
TermsCash, New Loan
TypeDuplex
Year Built1959

Exterior for 1127 Holcomb Avenue

ExteriorShed, Paved Street
Lot Size Area0.16
SidingOther

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $285,000
MLS#86424
List Date 10/17/2025
Property Type Multi-Family
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