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Melissa Christianson

melissa.christianson@engelvoelkers.com +1(605) 863-3707

Listed byTONY MARSHALL • CINC REALTY LLC

$ 239,900

Est. payment -/mo

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Active

211 E MONROE AVE Rapid City, SD 57701-2515

4 Beds

1,564 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Residential Income

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,564 sqft

Price per Sqft $153

Subdivision Wise Add

MLS Listing ID 181346

Bedrooms 4

HOA Y/N No

Year Built 1951

Lot Dimensions .12

Property Sub-Type Duplex

Property Description

GREAT PRICE. GREAT CONDITION. Nearly a 9% cap rate investment calculated using a 5% vacancy & excellent rental history (no capex reserve included). Seller financing terms, in the form of a 2nd mortgage, for example, may be considered. Other duplex properties also available. Listed by Tony Marshall, CINC Realty, 605-391-8669.

Location

State SD

Area North

Zoning Unknown

Direction Arrive from either N. Maple (travel east on E. Monroe) or Milwaukee Street (travel west on E. Monroe).

Interior

Interior Features Some Units, LR/DR Combo

Heating Electric

Cooling None

Window Features Window Coverings

Exterior

Exterior Feature Private Entrance, Balcony/Deck

Parking Features Common, On Street

View Y/N Yes

Roof Type Composition

Garage No

Building

Sewer City (at site)

Water Public

Others

Security Features Smoke Detector(s)

Acceptable Financing Cash, New Loan, Owner carry 2nd Mortgage

Listing Terms Cash, New Loan, Owner carry 2nd Mortgage

Virtual Tour https://lisaduncan.smugmug.com/Black-Hills-Real-Estate-2026/211-E-Monroe-St/n-cLpdmw

NEARBY SCHOOLS & PROPERTIES

Melissa Christianson

Broker Associate License ID: 20945

+1(605) 863-3707

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