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1306 4TH

Rapid City, SD 57701
  • $285,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 177586
UPDATED: 35 min ago
$285,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

This perfectly located vertical tri-plex sits within walking distance of downtown. All 3 units offer 2 beds, 1 bath, in unit laundry, and separate electric and gas meters. An abundance of off street parking for tenants. Some units have recent updates including windows, flooring, appliances, and so much more! This investment opportunity would be perfect for a first time investor looking to live in one unit and rent out the other 2 or the ideal property that puts off good cash flow to start a real estate investment portfolio.

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© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tim Hoffman | Keller Williams Realty Black Hills. Data last updated: 2026-03-05T11:16:20.233.
www.blackhillshomefinder.com/homes/173216236
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1306 4TH Rapid City, SD 57701

  • Price: $285,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 35 min ago
  • MLS #: 177586
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1923
Built
Neighborhood:
Flormann
County:
Pennington
Area:
City Center
Property Description
This perfectly located vertical tri-plex sits within walking distance of downtown. All 3 units offer 2 beds, 1 bath, in unit laundry, and separate electric and gas meters. An abundance of off street parking for tenants. Some units have recent updates including windows, flooring, appliances, and so much more! This investment opportunity would be perfect for a first time investor looking to live in one unit and rent out the other 2 or the ideal property that puts off good cash flow to start a real estate investment portfolio.
Exterior Features

Construction Hardboard Entrance Private Entrance Lot Size .16 Lot Type Interior Parking StreetSee Remarks Roofing Composition Style Up & Down View CityTrees

Interior Features

Cooling WallWindow Foundation Basement Heating ElectricForced AirGasSpace HeaterWallBaseboard

Property Features

Auction YN No Documents On File List of Furnishings Features Balcony/DeckFinished Basement Includes All UnitsRefrigeratorRange/Oven Miscellaneous Separate MetersIndividual Water HeatersIndividual Heat & AirDead Bolt Locks Multifamily Type Triplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year LeaseMonth to MonthVacant Vacancy Rate over 20% Water City Will Sell CashNew Loan Zoning Conforming

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Cameron Cummings of COLDWELL BANKER BLACK HILLS LEGACY: 605-343-2700.


© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tim Hoffman | Keller Williams Realty Black Hills. Data last updated: 2026-03-05T11:16:20.233.
 
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Tim Hoffman | Keller Williams Realty Black Hills
2401 W Main St. Suite #1
Rapid City SD, 57702