About This Home

Fully rented with zero vacancy for more than three years, this duplex at 3417 W RAPID offers an established income-producing opportunity in Rapid City’s Owen Mann Tract. Built in 1952, the multi-family property is currently occupied and described as a west side investment property.

The listing provides an opportunity to own a duplex with a history of continuous occupancy, offering income from existing tenants at the time of sale. The property is listed at $285,000 and is located in Rapid City, South Dakota. Listing details identify the property type as multi-family and record zero bedrooms and zero bathrooms for the overall listing. Further unit-specific details are not provided. This property is listed by Rich Hegre, Engel & Volkers, at 605-381-RICH (7424).

Key Features

  • Built in 1952

Property Details

1952
Listing Description

Listed by Rich Hegre Engel & Volkers 605-381-RICH(7424) This is a great opportunity to own a west side investment property. This duplex is fully rented with great income. Zero vacancy for over 3 years, gives you peace of mind knowing you will have income.

Monthly Cost Estimate

$1,524/mo

20% down · 6.5% · 30 years

Principal$206
Interest$1,235
Insurance$83

Estimates only. Actual payments may vary.

Location

3417 W RAPID

Rapid City, SD 57702

OWEN MANN TRACT

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3417 W RAPID is listed at $285,000. The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952.

This property is listed by RICHARD HEGRE.

RH

RICHARD HEGRE

Agent at Engel & Volkers Rapid City

Listed by Engel & Volkers Rapid City · Broker phone: 6057164847 · Broker website

MLS# 178471· Source: Engel & Völkers· 94 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3417 W RAPID, Rapid City, SD 57702

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