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Backup Offers

818 W Blvd, Rapid City, SD, 57701

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
Multi

Location

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818 W Blvd, Rapid City$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingStreet, Carport
Year Built1914
HeatingElectric, Hot Water
CoolingNone
ViewCity
MLS #170250
StatusAccepting Backup Offers
(U/C CONTINGENCY)

About 818 W Blvd

PRIME CORNER LOT ON WEST BLVD with possibility of 4 rentals in the exclusive Historic district, with close walkable proximity to downtown Rapid City, this 1914 historical home presents an excellent rental opportunity. Whether it's offering short-term rentals to visitors eager to experience the city's rich history, culture, and outdoor attractions, or attracting long-term tenants, this property is poised to generate steady rental income for its owners. Upon entering, visitors are greeted by the main unit, which could serve as the owner's residence or a primary rental, features spacious living areas, 3 Bedrooms and 2 Bath. Also includes two cozy studio units designed to maximize space and functionality while retaining the home's historic charm. Home features off street private parking. Home was previously rented as a quadplex. Recent upgrades include a new roof, fresh paint, upgraded deck and new appliances in the main kitchen. We’d be delighted to have you see this home today!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1914
  • Stories: 2

Listing Office:

  • Office Name: COLDWELL BANKER BLACK HILLS LEGACY
  • Listing Agent: FAITH MCRAE

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Street, Carport

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Electric, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $5,484
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$373.9K

Med. Price/SqFt

$188

# of Sold Homes

35

818 W Blvd vs Rapid City

120 DAYS ON ROCKET

$500,000

+$126K More

KEY TAKEAWAY

This property is $126K 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: #170250

Listing Office:

  • Office Name: COLDWELL BANKER BLACK HILLS LEGACY
  • Listing Agent: FAITH MCRAE

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: 12/21/2024, 9:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,484$351,700
2020$5,279$320,100
2019$5,301$305,600
2018$4,835$304,500

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-797612
4
/10
  • Wilson Elementary School

  • 827 Franklin St

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-797613
4
/10
  • South Park Elementary School

  • 207 Flormann St

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-797614
3
/10
  • Horace Mann Elementary School

  • 902 Anamosa St

  • 1.32 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,894. Residents of Rapid City, SD typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 are the common housing types 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.

What are the advantages of living in Rapid City, SD?

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 essential services in Rapid City, SD convenient?

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.

How do Rapid City, SD residents get around?

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 HomesSouth DakotaPennington CountyRapid City57701818 W Blvd

This home is located at 818 W Blvd in Rapid City, SD and zip code 57701. This home was built in 1914. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $500,000.

Rapid City, SD housing market in November 2024 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 22 sold below. Between October 2024 and November 2024, Rapid City, SD real estate market has seen increase in the number of listings by 18.4%.

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

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