1948 Hillsview Dr, Rapid City, SD 57702
Local realty services provided by:CENTURY 21 ClearView Realty
1948 Hillsview Dr,Rapid City, SD 57702
$549,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lisa mueller
Office: coldwell banker black hills legacy
MLS#:179421
Source:SD_BHMLS
Price summary
- Price:$549,900
About this home
Exceptional investment opportunity in a prime Rapid City location! Situated near Canyon Lake Park, schools, shopping, and restaurants, this well-maintained 5-unit multi-family property offers immediate income with strong long-term potential. Situated on 0.9 acres, the property also includes a 28' x 15' garage, providing valuable storage space for tenants and/or owners. The complex has been updated within the past five years, including improvements to windows, doors, and electrical systems. With a proven track record of stable occupancy and long-term tenants, this property has demonstrated consistent performance over the past 16 years. Current rental rates are below market value, creating an outstanding opportunity for increased cash flow, future appreciation, and enhanced return on investment. Whether you're expanding your portfolio or seeking a quality income-producing property, this is one you won't want to miss.
Contact an agent
Home facts
- Year built:1949
- Listing ID #:179421
- Added:3 day(s) ago
- Updated:June 11, 2026 at 02:31 PM
Heating and cooling
- Cooling:Central, Electric, Window
- Heating:Forced Air
Structure and exterior
- Year built:1949
- Lot Features:Corner
Finances and disclosures
- Price:$549,900
New listings near 1948 Hillsview Dr
- New
$374,900Active4 beds 3 baths2,052 sq. ft.23665 Busted Five Court, Rapid City, SD 57702-0000
MLS# 179494Listed by: CENTURY 21 CLEARVIEW REALTY - New
$799,900Active3 beds 3 baths2,000 sq. ft.22409 Billet Ct, Rapid City, SD 57701
MLS# 179485Listed by: RE/MAX ADVANTAGE - New
$385,000Active4 beds 2 baths1,904 sq. ft.3950 Haralson Ln, Rapid City, SD 57703
MLS# 179486Listed by: RE/MAX RESULTS - New
$599,900Active3 beds 3 baths1,625 sq. ft.22426 Billet Ct, Rapid City, SD 57701
MLS# 179487Listed by: RE/MAX ADVANTAGE - New
$140,000Active2 beds 1 baths1,399 sq. ft.121 E College Ave, Rapid City, SD 57701
MLS# 179491Listed by: RE/MAX RESULTS - New
$470,400Active3 beds 2 baths2,362 sq. ft.TBD Blackpowder Rd, Rapid City, SD 57703
MLS# 179481Listed by: RE/MAX RESULTS - New
$299,900Active4 beds 2 baths1,848 sq. ft.4015 Oiler Ln, Rapid City, SD 57701
MLS# 179479Listed by: KELLER WILLIAMS REALTY BLACK HILLS - New
$2,200,000Active4 beds 4 baths2,650 sq. ft.7810 Labrador Tr, Rapid City, SD 57702
MLS# 179474Listed by: ASCEND REALTY INC. - Open Sat, 12 to 2pmNew
$360,000Active2 beds 2 baths1,197 sq. ft.659 Braelynn Lane, Rapid City, SD 57701
MLS# 89049Listed by: ENGEL & VOELKERS BLACK HILLS RAPID CITY - New
$766,656Active1.6 Acres1445 E Anamosa, Rapid City, SD 57701
MLS# 179465Listed by: BLACK HILLS REALTY