About This Home

This four-bedroom, zero-bathroom residential multifamily property is a two-story duplex in Rapid City’s Owen Mann neighborhood. Built in 1952, the property offers an established west-side investment opportunity with both units fully rented. According to the listing remarks, it has maintained zero vacancy for more than three years, providing ongoing rental income and occupancy history.

The home uses natural gas heating and evaporative cooling. Its duplex configuration creates a multi-unit layout, while the two-story design adds to the property’s structure and character. Located at 3417 W Rapid Street, the property is offered at $285,000. With its long-term occupancy record and multifamily classification, this Rapid City property may suit buyers seeking an income-producing residential investment. Square footage and bathroom details beyond the listed count are not provided.

Key Features

  • Built in 1952
  • 2 stories

Property Details

2 stories
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 Street

Rapid City, SD 57702

Owen Mann

Property Details

Heating

Natural Gas

Cooling

Evaporative Cooling

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 3417 W Rapid Street 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, 2 stories.

This property is listed by Rich Hegre and can be reached at 6057164847.

RH

Rich Hegre

Agent at VIP Properties, LLC

(605) 716-4847

Listed by VIP Properties, LLC · Broker phone: (605) 716-4847 · View on Broker Site

MLS# 88236· Source: Mt. Rushmore Area Association of Realtors· 127 days on PropertySimple

Copyright © 2026 Mt. Rushmore Area Association of Realtors. 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 Street, Rapid City, SD 57702

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