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831 Dilger Ave

Rapid City, SD 57701
  • $305,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 174035
UPDATED: 33 min ago
$305,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Investors,,,,,,take a LOOK. Fantastic investment opportunity! This fully occupied 4-plex features four 1-bedroom, 1-bath units with strong rental history and excellent cash flow. Located near schools, shopping, and with easy access to downtown and I-90, this property is attractive to tenants and offers a lot of upside potential. Bring your ideas, and customize to your liking. Great property to build equity with, as our local "affordable rental" market is very strong. Each unit offers private entrances, and tenants are month-to-month and pay their own electric and gas, minimizing owner expenses. Property includes private off-street parking, coin-operated laundry onsite, smaller yard easy to maintain, and mature trees for added curb appeal. Durable vinyl siding and vinyl windows help reduce maintenance. Owner-managed and maintained, this 4-plex is easy to rent and ready to continue producing income. Great opportunity for a first-time investor or to expand your existing portfolio.

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© 2025 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 Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2025-06-17T19:16:33.9.
www.blackhillssdproperties.com/homes/164411245
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831 Dilger Ave Rapid City, SD 57701

  • Price: $305,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 33 min ago
  • MLS #: 174035
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
North Rapid Add
County:
Pennington
Area:
North
Property Description
Investors,,,,,,take a LOOK. Fantastic investment opportunity! This fully occupied 4-plex features four 1-bedroom, 1-bath units with strong rental history and excellent cash flow. Located near schools, shopping, and with easy access to downtown and I-90, this property is attractive to tenants and offers a lot of upside potential. Bring your ideas, and customize to your liking. Great property to build equity with, as our local "affordable rental" market is very strong. Each unit offers private entrances, and tenants are month-to-month and pay their own electric and gas, minimizing owner expenses. Property includes private off-street parking, coin-operated laundry onsite, smaller yard easy to maintain, and mature trees for added curb appeal. Durable vinyl siding and vinyl windows help reduce maintenance. Owner-managed and maintained, this 4-plex is easy to rent and ready to continue producing income. Great opportunity for a first-time investor or to expand your existing portfolio.
Exterior Features

Construction FrameMetal/Vinyl Entrance Private Entrance Lot Size .16 Lot Type RollingCorner Parking Off SiteSee RemarksStreet Roofing Composition Style Up & Down View City

Interior Features

Cooling None Foundation BasementConcrete BlockPoured ConcreteWalkout Heating ElectricRadiant Heat

Property Features

Auction YN No Documents On File Other Features Some UnitsWindow CoveringsBalcony/DeckKit/DR ComboCommon Utility Room Includes All UnitsRefrigeratorRange/Oven Miscellaneous Separate MetersPet RestrictionsCentral Water HeaterDead Bolt Locks Multifamily Type Fourplex Possession Immediate Safety Features Other Sewer City Tenancy Type Month to Month Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

© 2025 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tom Blain of KELLER WILLIAMS REALTY BLACK HILLS: 605-343-7500.


© 2025 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 Berkshire Hathaway Homeservices | Midwest Realty. Data last updated: 2025-06-17T19:16:33.9.
 
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Berkshire Hathaway Homeservices | Midwest Realty
201 Main St., Suite 203
Rapid City SD, 57701