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1920 & 1930 Monte Vista Drive, Rapid City, SD 57702

Rapid City
Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
1920 & 1930 Monte Vista Drive,Rapid City, SD 57702
$1,925,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tj wojtanowicz
Office: black hills sd realty
MLS#:87954
Source:SD_NBHMLS

Price summary

  • Price:$1,925,000

About this home

Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Exceptional investment opportunity in Rapid City! This 16-unit multifamily property located at 1920 & 1930 Monte Vista Drive features all 2-bedroom, 2-bath units, each offering a functional layout with private patio or deck space. The property shows strong, consistent rental performance with average rents of $1,300 per unit, providing immediate cash flow with additional upside potential through future rent adjustments. Units are highly desirable due to their size, layout, and outdoor living space—appealing to long-term tenants and helping maintain occupancy. Situated in a convenient location with easy access to shopping, dining, and major corridors, this asset offers both stability and growth potential for investors looking to expand their portfolio in the Rapid City market. Opportunities like this—well-performing, multi-unit properties with solid unit mix and income—are hard to find. Don’t miss your chance to own a proven...

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Home facts

  • Year built:2003
  • Listing ID #:87954
  • Added:3 day(s) ago
  • Updated:April 03, 2026 at 02:38 PM

Heating and cooling

  • Cooling:Refrig. Wall Unit
  • Heating:Electric, Radiant Ceiling

Structure and exterior

  • Roof:Composition
  • Year built:2003
  • Lot area:0.82 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,925,000

Features and amenities

  • Amenities:Paved Street

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