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1948 Hillsview Dr

Rapid City, SD 57702
  • $574,900
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 177666
Price Reduced
UPDATED: 5 min ago
$574,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

Description

Opportunity meets location at 1948 Hillsview Drive! Ideally situated near Canyon Lake Park, schools, shopping, and restaurants, this well-maintained 5-unit multi-family property offers both stability and upside. The complex sits on approximately 0.9 acres and includes a 28’ x 15’ garage suitable for tenant or owner storage. All units have been updated within the past five years, including new windows, doors, and electrical improvements. The property has a strong rental history, consistently occupied by long-term tenants over the past 16 years. Rents are currently below market rents presenting an excellent opportunity for future income growth and value appreciation. Call for more information!

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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 Engel & Voelkers Black Hills LLC. Data last updated: 2026-05-12T11:16:17.737.
www.rapidcityhomes4sale.com/homes/173438680
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1948 Hillsview Dr Rapid City, SD 57702

  • Price: $574,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 5 min ago
  • MLS #: 177666
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1949
Built
Neighborhood:
Sherman
County:
Pennington
Area:
Southwest
Property Description
Opportunity meets location at 1948 Hillsview Drive! Ideally situated near Canyon Lake Park, schools, shopping, and restaurants, this well-maintained 5-unit multi-family property offers both stability and upside. The complex sits on approximately 0.9 acres and includes a 28’ x 15’ garage suitable for tenant or owner storage. All units have been updated within the past five years, including new windows, doors, and electrical improvements. The property has a strong rental history, consistently occupied by long-term tenants over the past 16 years. Rents are currently below market rents presenting an excellent opportunity for future income growth and value appreciation. Call for more information!
Exterior Features

Construction Metal/Vinyl Entrance Private Entrance Lot Size 0.9 Lot Type Corner Parking See Remarks Roofing Composition View Trees

Interior Features

Cooling CentralElectricWindow Foundation None Heating Forced AirNatural Gas

Property Features

Auction YN No Documents On File Leases Features Some UnitsWindow CoveringsFireplace Miscellaneous Separate Meters Multifamily Type Multiplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type Multiple Vacancy Rate 0 - 5% Water City Zoning Conforming

© 2026 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Lisa Mueller of COLDWELL BANKER BLACK HILLS LEGACY: 605-343-2700.


© 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 Engel & Voelkers Black Hills LLC. Data last updated: 2026-05-12T11:16:17.737.
 
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Engel & Voelkers Black Hills LLC
517 Main Street
Rapid City SD, 57701