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Backup Offers

3421 Cottonwood, Rapid City, SD, 57702

$489,500

Home List Price

$5,813*

Closing Credit

0 Baths
Multi

Location

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3421 Cottonwood, Rapid City$489,500

Buyer Closing Credits

$5,813*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingStreet, See Remarks
Year Built1948
HeatingElectric, Forced Air, Natural Gas, Baseboard, Other
CoolingWindow Unit(s)
ViewCity
MLS #171135
StatusAccepting Backup Offers
(U/C CONTINGENCY)

About 3421 Cottonwood

Excellent west side location for this 4 plex which consists of one home with an address of 3421 Cottonwood which has three apartments(Units 1-3)and a separate home located on the same lot with an address of 3423 Cottonwood(Unit 4) The property has had long term profitability, recent updates and currently has one vacant apartment(#2) in 3421 Cottonwood that became available the end of October and the home located at 3423 Cottonwood (#4) is vacant and became available the 1st of November. Please call either your real estate agent or the listing agent to arrange your tour of the property with showings requiring a minimum of 24 hrs. Please do not visit the property without a prearranged appointment.

Property Details

Property Features

Property Information:

  • Architectural Style: Up & Down, Other
  • Year Built: 1948

Listing Office:

  • Office Name: RE/MAX RESULTS
  • Listing Agent: TOM RAU

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Street, See Remarks

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas, Baseboard, Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,500
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Housing Market Comparison

See how this home compares to others in Rapid City, SD.

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Rapid City, SD

City

Med. Sold Price

$369K

Med. Price/SqFt

$188

# of Sold Homes

34

3421 Cottonwood vs Rapid City

20 DAYS ON ROCKET

$489,500

+$120.5K More

KEY TAKEAWAY

This property is $120.5K more than the Median Sold Price in Rapid City, SD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #171135

Listing Office:

  • Office Name: RE/MAX RESULTS
  • Listing Agent: TOM RAU

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.

Copyright © 2024 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-218566
6
/10

  • Meadowbrook Elementary School

  • 3125 W Flormann St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-218567
4
/10

  • Canyon Lake Elementary - 04

  • 1500 Evergreen Dr

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-218568
5
/10

  • South Canyon Elementary School

  • 218 Nordby Ln

  • 1.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,865. Residents of Rapid City, SD typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rapid City, SD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rapid City, SD?

Rapid City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from ranch-style homes to split-levels and contemporary designs. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development in the city.

Is Rapid City, SD a good place to live?

Rapid City is celebrated for its proximity to natural landmarks and a vibrant cultural scene. The community prides itself on outdoor activities available in the nearby Black Hills and annual events that showcase the area's rich history and community spirit, such as the Black Hills Powwow and the Central States Fair.

Are things conveniently located in Rapid City, SD?

The community benefits from a solid educational system, with a number of public and private schools serving the area, as well as higher education institutions like South Dakota School of Mines & Technology. Healthcare services are robust, with several hospitals and clinics providing comprehensive care. Retail and dining options reflect the local culture, offering a blend of national chains and unique local businesses.

What does the transportation in Rapid City, SD look like?

Rapid City's transport infrastructure includes a network of major roads and highways, such as Interstate 90, facilitating travel and commuting. Public transportation services are available, providing residents with additional options for getting around the city. The area's walkability varies, with downtown Rapid City being more pedestrian-friendly. Ride-sharing services are operational in the city, complementing the existing transport options.

Rocket Homes›South Dakota›Pennington County›Rapid City›57702›3421 Cottonwood

This home is located at 3421 Cottonwood in Rapid City, SD and zip code 57702. This home was built in 1948. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $489,500.

In October 2024, from all listings sold in Rapid City, SD there were more than 7 sold above asking price, over 19 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Rapid City, SD between September 2024 and October 2024 increased by 18.8%.

From Rocket Homes Real Estate and based on county public records data.

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