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1127 Holcomb Avenue, Rapid City, SD 57701

Rapid City
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...

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Home facts

  • Year built:1959
  • Listing ID #:86424
  • Added:167 day(s) ago
  • Updated:April 03, 2026 at 02:38 PM

Rooms and interior

  • Basement Description:Full Basement, Walkout

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
  • Architectural Style:Up & Down
  • Foundation Description:Poured Concrete Foundation

Finances and disclosures

  • Price:$285,000

Features and amenities

  • Amenities:Paved Street, Shed

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