1127 Holcomb Avenue Rapid City, SD 57701

Multi-Family (2-4 Units) MLS #: 82305 Courtesy Of Keller Williams Realty Black Hills

$295,000

5 beds | 1,848 sq ft
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Estimated monthly payments: $1,290/mo.* (recalculate)

Property InformationDescription

Welcome to this cash-flowing duplex investment property, perfectly set up with an up-and-down layout and a fantastic 6.5% cap rate. Each unit has been thoughtfully updated, making this a prime income-generating opportunity. The basement unit features 2 bedrooms and 1 bathroom with various updates along with new flooring and new paint throughout. The upper unit offers 3 bedrooms and 1 bathroom, blending new flooring with well-preserved original hardwood. The living space has been freshly painted and extends into a covered patio. Recent upgrades include a new roof (2022), new radon mitigation system, newly paved driveways, fresh landscaping, and a fully fenced yard. Each unit has its own washer and dryer for added convenience, and tenants will love the abundant outdoor space and privacy. This is a turn-key investment with strong cash flow, stable income, and upgrades that enhance long-term value. Don t miss out on adding this solid duplex to your portfolio or starting your investment journey (P.S. this could be a great candidate for house hacking)! Listed by Madison Reeves -Keller Williams Realty Black Hills, Spearfish (605) 569-9019
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Dryer, Refrigerator
  • Architecture Style: Other
  • Heating System: Baseboard, Forced Air
  • Lot Size: 0.16 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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1127 Holcomb Avenue, Rapid City, SD 57701
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School Information

1127 Holcomb Avenue, Rapid City, SD 57701

Elementary School
Grades KG-5 | Public School
GENERAL BEADLE ELEMENTARY SCHOOL
Rapid City, SD 57701
10 Van Buren St
605.­394.1841
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
12:1
Total Students
442
Middle School
Grades 6-8 | Public School
NORTH MIDDLE SCHOOL
Rapid City, SD 57701
1501 N Maple Ave
605.­394.4042
Distance: 0.2 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
531
High School
Grades 9-12 | Public School
CENTRAL HIGH SCHOOL
Rapid City, SD 57701
433 Mount Rushmore Rd
605.­394.4023
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
1897
Other Nearby Schools Distance Type Grades School Rating
Knollwood Heights Elementary School 0.4 mi Public KG-5 D
Horace Mann Elementary School 0.9 mi Public KG-5 D+
Wellfully - 65 1.0 mi Public 1-12
Jefferson Building - 64 1.3 mi Public PK-12
Rapid City High School - 45 1.6 mi Public 9-12
Lincoln Building - 44 1.8 mi Public 12
Wilson Elementary School 2.1 mi Public KG-5 C-
South Park Elementary School 2.3 mi Public KG-5 C-
South Middle School 2.3 mi Public 6-8 D+
Robbinsdale Elementary School 2.4 mi Public KG-5 D+
St Thomas More Middle School 2.6 mi Private 6-8
Creekside Christian School 2.7 mi Private KG-8
Grandview Elementary School 3.0 mi Public KG-5 C
St Pauls Lutheran School 3.1 mi Private PK-8
Rapid City Seventh-day Adventist Elementary School 3.3 mi Private 1-8
Children's House Montessori 3.3 mi Private PK-6
West Middle School 3.4 mi Public 6-8 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Rapid City, SD 57701

Median Age: 36.9
Married: 34%
Number of Households: 19,467
Households with Children: 22.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.