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118 E Signal Dr, Rapid City, SD 57701

Rapid City
Local realty services provided by:CENTURY 21 ClearView Realty
118 E Signal Dr,Rapid City, SD 57701
$198,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mike zachmeier
Office: the real estate group, inc.
MLS#:181156
Source:SD_BHMLS

Price summary

  • Price:$198,900

About this home

This frame stucco, nonconforming side-by-side duplex could also work for multi-generational families. Unit 118 features 2 bedrooms, a backyard shed, and a fenced backyard with parking on the street. Unit 120 features 2 bedrooms, a fenced back yard, a shared driveway & 1-stall garage. There is a blocked doorway connecting the two units that could possibly be reopened if desired. Unit 118 tenant broke the lease in September, but was paying $895/mo; unit 120 tenant plans to leave sometime in October and currently pays $925/mo. Laundry hook-ups are in place, but tenants supply their own washer, dryer, and window AC units. Actual income (including late fees) & expenses for 2025 are listed, providing a cap rate of >8%. Listing Agent is an officer of the LLC holding this property.

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Home facts

  • Year built:1952
  • Subdivision & Development:OTHER
  • Listing ID #:181156
  • Added:1 day(s) ago
  • Updated:September 23, 2026 at 10:04 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1952
  • Lot Features:Flat
  • Foundation Description:Slab

Finances and disclosures

  • Price:$198,900

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