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4002 Lakeview Dr, Rapid City, SD 57702

Rapid City
Local realty services provided by:CENTURY 21 ClearView Realty
4002 Lakeview Dr,Rapid City, SD 57702
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bobby sundby, kathy sundby
Office: sun real estate
MLS#:175547
Source:SD_BHMLS

Price summary

  • Price:$650,000

About this home

Huge $45k price red. 1/19/26. Investment Opportunity... Rare fourplex by Canyon Lake! This westside Rapid City located westside four-plex brings in consistent rental income with extremely low vacancy rate. Each unit has 2 bedrooms, 1 bathroom, and full kitchen. Separately metered units with electric baseboard & cove heat. One tenant said it averages around $100 per month. Large 918 sf units per DOE. All four units are fully occupied 1-year leases with 60-day notice. Units 1 & 2 are upstairs. Units 3 & 4 are downstairs. Separate coin laundry available with keyed entrance. Bottom two units have recently been remodeled. Owner pays gas ($174 total in '24), water, sewer & trash ($3,001 in '24). Tenant pays electricity. Unit four bathroom is handicap accessible. Photos from Unit 1. Other unit photos available. One other unit has newer trim/doors etc. Lakeview is one street North of Jackson Blvd. Easy walk to Canyon Lake Park and the bike path! 3,712 sf per County, priced...

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Home facts

  • Year built:1987
  • Listing ID #:175547
  • Added:189 day(s) ago
  • Updated:March 12, 2026 at 02:29 PM

Heating and cooling

  • Cooling:Electric, Wall
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1987
  • Lot Features:Flat
  • Foundation Description:Poured Concrete, Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$650,000

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