722 Silver St, Rapid City, SD 57701
Local realty services provided by:CENTURY 21 ClearView Realty
722 Silver St,Rapid City, SD 57701
$219,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mike zachmeier
Office: the real estate group, inc.
MLS#:181152
Source:SD_BHMLS
Price summary
- Price:$219,000
About this home
This legal nonconforming up/down duplex with a walk-out basement has been recently updated with a new roof & hot water heater in 2025 & a new basement wall heater in 2024. Unit 1 upstairs features 2 bedrooms, 3 off-street parking spaces, and a fenced front & side yard. Unit 2 downstairs features 1 bedroom, lots of extra storage, 2 off-alley parking spaces, and a fenced back yard. There is no interior stairway connecting the two units, but the rent from unit 2 could offset a substantial portion of the mortgage for anyone wanting to live in unit 1. Unit 1 tenants are leaving by 9/30/26, but have paid $940/mo the past 2 years; unit 2 tenant (Section 8 subsidized) would like to stay with her 2 cats and currently pays $825/mo (including $60/mo in pet rent). Both units have laundry hookups, but tenants supply their own washer & dryer. Upstairs tenant owns the window AC units, but downstairs window AC unit conveys with purchase. Actual income & expenses for 2025 are listed, but current rents are below market rates to minimize vacancy. Seller is willing to consider concessions to the Buyer. Listing Agent is an officer of the LLC holding this property....
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Home facts
- Year built:1946
- Subdivision & Development:OTHER
- Listing ID #:181152
- Added:1 day(s) ago
- Updated:September 23, 2026 at 08:54 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1946
- Foundation Description:Concrete Block, Walkout
Finances and disclosures
- Price:$219,000
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