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307 St Anne

Rapid City, SD 57701
  • $650,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 178784
UPDATED: 49 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Ratings & Info

Description

This beautifully updated 4-plex offers the perfect blend of strong cash flow potential and low-maintenance ownership. Situated on a spacious lot with abundant green space, the property provides a desirable setting for both long-term tenants and short/mid-term rental guests. Extensively renovated in 2022, this property has been thoughtfully upgraded from top to bottom. Improvements include all new windows, flooring, doors, cabinets, trim, and fresh paint throughout. Each unit features updated kitchens with new appliances, creating a modern and cohesive feel across the entire property. Major system upgrades have already been handled, including a new boiler system and the addition of mini-split A/C units in the upper units for improved comfort and efficiency. A newly installed coin-operated laundry setup adds an additional income stream, while the new rear patio enhances outdoor living space for tenants. Two of the units are being sold fully furnished, complete with TVs and everything needed to operate immediately as short-term or mid-term rentals, offering a rare opportunity to step into an income-producing setup from day one. Whether you’re looking to house-hack, expand your portfolio, or run a hybrid rental strategy, this property checks all the boxes: updated, income-ready, and positioned for flexibility.

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© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. Data last updated: 2026-05-12T07:16:17.383.
www.dupontrealestateteam.com/homes/176023416
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307 St Anne Rapid City, SD 57701

  • Price: $650,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 49 min ago
  • MLS #: 178784
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
South Blvd
County:
Pennington
Area:
Southeast
Property Description
This beautifully updated 4-plex offers the perfect blend of strong cash flow potential and low-maintenance ownership. Situated on a spacious lot with abundant green space, the property provides a desirable setting for both long-term tenants and short/mid-term rental guests. Extensively renovated in 2022, this property has been thoughtfully upgraded from top to bottom. Improvements include all new windows, flooring, doors, cabinets, trim, and fresh paint throughout. Each unit features updated kitchens with new appliances, creating a modern and cohesive feel across the entire property. Major system upgrades have already been handled, including a new boiler system and the addition of mini-split A/C units in the upper units for improved comfort and efficiency. A newly installed coin-operated laundry setup adds an additional income stream, while the new rear patio enhances outdoor living space for tenants. Two of the units are being sold fully furnished, complete with TVs and everything needed to operate immediately as short-term or mid-term rentals, offering a rare opportunity to step into an income-producing setup from day one. Whether you’re looking to house-hack, expand your portfolio, or run a hybrid rental strategy, this property checks all the boxes: updated, income-ready, and positioned for flexibility.
Exterior Features

Construction FrameHardboardStone/Veneer Entrance Community Entrance Lot Size .24 Lot Type Flat Parking Street Roofing Composition View City

Interior Features

Cooling None Foundation Basement - FullWalkout Heating BaseboardHot WaterNatural Gas

Property Features

Auction YN No Documents On File Other (See Remarks)Survey Features Some UnitsFurnishedExtra Storage Miscellaneous Central Water Heater Multifamily Type Fourplex Possession Negotiable Safety Features Other (See Remarks)Smoke Detectors Sewer City Tenancy Type Month to MonthMultiple Vacancy Rate 0 - 5% Water City Zoning Non-conforming

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Michael Frybarger of ASCEND REALTY INC.: 605-791-5552.


© 2026 Black Hills Association of REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from BHMLS. 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 is deemed reliable but is not guaranteed accurate by the MLS or Dupont Real Estate Inc.. Data last updated: 2026-05-12T07:16:17.383.
 
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Dupont Real Estate Inc.
1211 Mt. Rushmore Rd.
Rapid City SD, 57701