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123 E Nowlin

Rapid City, SD 57701
  • $1,625,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 173023
UPDATED: 235 min ago
$1,625,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded with LVT flooring in the living room and kitchen. Additional features include alley access and off-street parking. Tenants pay their own gas and electric utilities. Each duplex sits on a separately plotted lot with its own legal description, providing the flexibility to sell them individually or as a complete package. Dont miss out on this incredible investment opportunity!

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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 Bell-Thomas Real Estate Team | CENTURY 21 ClearView Realty. Data last updated: 2025-04-21T00:16:12.33.
www.bellthomasteam.com/homes/162126170
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123 E Nowlin Rapid City, SD 57701

  • Price: $1,625,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 235 min ago
  • MLS #: 173023
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
Neighborhood:
Nowlin & Wood
County:
Pennington
Area:
North
Property Description
Now is the perfect time to invest in Rapid City as it continues to grow and expand! This well-maintained 12-unit complex (six duplexes) offers a fantastic opportunity for investors. Each 2-bedroom, 1-bathroom unit includes a stove, refrigerator, window air conditioner, gas water heater, and forced air heating, along with washer/dryer hookups for added convenience. Some units have been upgraded with LVT flooring in the living room and kitchen. Additional features include alley access and off-street parking. Tenants pay their own gas and electric utilities. Each duplex sits on a separately plotted lot with its own legal description, providing the flexibility to sell them individually or as a complete package. Dont miss out on this incredible investment opportunity!
Exterior Features

Construction Wood Entrance Community Entrance Lot Size 0.89 Lot Type Flat Parking See Remarks Roofing OtherTar & Gravel Style 1 Story View City

Interior Features

Cooling ElectricWindow Foundation Slab Heating Forced AirGas

Property Features

Auction YN No Documents On File Other Features HookupsWindow Coverings Includes All UnitsRefrigeratorRange/Oven Miscellaneous Separate Meters Multifamily Type Multiplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year Lease 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 Nicole Petrik of ENGEL & VOELKERS BLACK HILLS, LLC: 605-716-4847.


© 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 Bell-Thomas Real Estate Team | CENTURY 21 ClearView Realty. Data last updated: 2025-04-21T00:16:12.33.
 
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Bell-Thomas Real Estate Team | CENTURY 21 ClearView Realty
412 5th St
Rapid City SD, 57701