1127 Holcomb Avenue, Rapid City, SD 57701
Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
1127 Holcomb Avenue,Rapid City, SD 57701
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: madison shipman
Office: blair allen luxury real estate llc.
MLS#:86424
Source:SD_NBHMLS
Price summary
- Price:$285,000
About this home
Discover an exceptional income-generating opportunity with this meticulously maintained duplex featuring an efficient up-and-down layout and impressive 8%+ cap rate. The lower unit offers 2 bedrooms and 1 bathroom with fresh updates, new flooring, and paint throughout, while the spacious upper unit boasts 3 bedrooms, 1 bathroom, and a beautiful blend of new flooring and preserved original hardwood, plus a covered patio for outdoor living. Strategic capital improvements including a new roof (2022), radon mitigation system, freshly paved driveways, professional landscaping, fencing, a new 10x10 shed (2025) and new sewer line from house to city main(2025) position this property for long-term value and minimal maintenance. New exterior painting is currently in progress. Each unit features in-unit washer and dryer for maximum tenant appeal, separate utilities, and generous outdoor space that supports premium rents and strong retention. Whether you're expanding your portfolio or exploring house-hacking to offset your mortgage while building equity, this turnkey duplex delivers stable cashflow and proven performance—schedule your showing today before this solid performer is gone. Listed by Madison (Reeves) Shipman -Blair Allen Luxury Real Estate (605) 569-9019
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Home facts
- Year built:1959
- Listing ID #:86424
- Added:117 day(s) ago
- Updated:February 10, 2026 at 04:06 PM
Heating and cooling
- Cooling:Refrig. Wall Unit
- Heating:Baseboard, Electric, Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1959
- Lot area:0.16 Acres
Finances and disclosures
- Price:$285,000
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