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1127 Holcomb Avenue

Rapid City, SD 57701
  • $285,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 86424
UPDATED: 49 min ago
$285,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959

School Ratings & Info

School District:

Description

Discover an exceptional income-generating opportunity with this meticulously maintained duplex featuring an efficient up-and-down layout and impressive 8%+ cap rate. The lower unit offers 2 bedrooms and 1 bathroom with fresh updates, new flooring, and paint throughout, while the spacious upper unit boasts 3 bedrooms, 1 bathroom, and a beautiful blend of new flooring and preserved original hardwood, plus a covered patio for outdoor living. Strategic capital improvements including a new roof (2022), radon mitigation system, freshly paved driveways, professional landscaping, and complete perimeter fencing position this property for long-term value and minimal maintenance. New exterior painting is currently in progress. Each unit features in-unit washer and dryer for maximum tenant appeal, separate utilities, and generous outdoor space that supports premium rents and strong retention. Whether you're expanding your portfolio or exploring house-hacking to offset your mortgage while building equity, this turnkey duplex delivers stable cashflow and proven performance"schedule your showing today before this solid performer is gone. Listed by Madison Reeves -Blair Allen Luxury Real Estate (605) 569-9019

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© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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 Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-11-18T20:44:44.617.
www.rapidcityhomes4sale.com/homes/169012453
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1127 Holcomb Avenue Rapid City, SD 57701

  • Price: $285,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 49 min ago
  • MLS #: 86424
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1959
Built
Neighborhood:
Millard Addition
Area:
Rapid City -North
School District:
Rapid City
Property Description
Discover an exceptional income-generating opportunity with this meticulously maintained duplex featuring an efficient up-and-down layout and impressive 8%+ cap rate. The lower unit offers 2 bedrooms and 1 bathroom with fresh updates, new flooring, and paint throughout, while the spacious upper unit boasts 3 bedrooms, 1 bathroom, and a beautiful blend of new flooring and preserved original hardwood, plus a covered patio for outdoor living. Strategic capital improvements including a new roof (2022), radon mitigation system, freshly paved driveways, professional landscaping, and complete perimeter fencing position this property for long-term value and minimal maintenance. New exterior painting is currently in progress. Each unit features in-unit washer and dryer for maximum tenant appeal, separate utilities, and generous outdoor space that supports premium rents and strong retention. Whether you're expanding your portfolio or exploring house-hacking to offset your mortgage while building equity, this turnkey duplex delivers stable cashflow and proven performance"schedule your showing today before this solid performer is gone. Listed by Madison Reeves -Blair Allen Luxury Real Estate (605) 569-9019
Exterior Features

Construction Frame Exterior Features ShedPaved Street Parking AssignedOther (See Remarks)Paved Roof Composition Siding Other Style Up & Down

Interior Features

Approx Building Sq Ft 1848 Basement Substructure Full BasementWalkoutPoured Concrete Found. Cooling Refrig. Wall Unit Entrance More than 1/ApartmentPrivate Entrance Heating Natural GasElectricForced AirBaseboard Number Of Units 2 Systems Breaker

Property Features

Auction YN No Documents On File Property DisclosureSurvey For Sale Or Rent For Sale Miscellaneous Separate MetersCentral Water HeaterIndividual Heat & AirDead Bolt Locks Modular YN No Multi Family Property Type Duplex Owner Pays InsuranceReal Estate TaxesWater/Sewer Pets Allowed YN No Possession Negotiable Safety Features Smoke Detectors Short Sale No Subdivision YN Yes Tenant Pays Gas/Electric Terms CashNew Loan Type Of Tenancy One Year Lease

[Mount Rushmore Area Association of Realtors] logoListing information © 2025 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Madison Reeves of Blair Allen Luxury Real Estate LLC: 605-600-6574.



© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. 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 Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-11-18T20:44:44.617.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701