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3313 Leland Lane, Rapid City, SD 57702

Rapid City
Local realty services provided by:CENTURY 21 ClearView Realty
3313 Leland Lane,Rapid City, SD 57702
$1,649,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tj wojtanowicz
Office: black hills sd realty
MLS#:89161
Source:SD_BHMLS

Price summary

  • Price:$1,649,000

About this home

Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Outstanding investment opportunity in West Rapid City! This 27-unit apartment complex offers an excellent mix of units including 24 studio apartments, one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one efficiency unit. The property also features an on-site laundry facility with washers and dryers, six rentable garages providing additional income, plus one dedicated management garage. Tenants pay their own electricity while ownership pays water, sewer, boiler heat, and other common area expenses, creating a straightforward management structure with strong upside potential. Located in a desirable west side neighborhood near Canyon Lake, shopping, restaurants, medical facilities, schools, and major employers, the property benefits from a highly sought-after rental location with convenient access throughout Rapid City. Current ownership has maintained strong occupancy, and there is significant opportunity to...

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Home facts

  • Year built:79
  • Subdivision & Development:No Subdivision
  • Listing ID #:89161
  • Added:67 day(s) ago
  • Updated:August 26, 2026 at 12:06 AM

Structure and exterior

  • Year built:79

Finances and disclosures

  • Price:$1,649,000

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