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426 & 434 E Fairmont Blvd

Rapid City, SD 57701
  • $6,800,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 173987
UPDATED: 59 min ago
$6,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Ratings & Info

Description

81 unit apartment complex with a mixture of studio (24), 1 bed (27), 2 bed (24), a3 bed apartments (6), and 12 garages. Conveniently located in SE Rapid City just down the street from Monument Hospital and between two major thoroughfares HWY 16 and HWY 79. Robbinsdale Park complex is directly to the East of this property offering tenants numerous recreation opportunities as well. The property is well kept and has a low vacancy rate making this a great opportunity add a great multifamily complex to your portfolio in the fast growing Rapid City market.

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© 2025 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 Will Dixon Real Estate at Keller Williams Realty Black Hills. Data last updated: 2025-06-17T19:16:33.9.
www.willdixonrealestate.com/homes/164312201
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426 & 434 E Fairmont Blvd Rapid City, SD 57701

  • Price: $6,800,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 59 min ago
  • MLS #: 173987
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1977
Built
Neighborhood:
Robbinsdale 8
County:
Pennington
Area:
Southeast
Property Description
81 unit apartment complex with a mixture of studio (24), 1 bed (27), 2 bed (24), a3 bed apartments (6), and 12 garages. Conveniently located in SE Rapid City just down the street from Monument Hospital and between two major thoroughfares HWY 16 and HWY 79. Robbinsdale Park complex is directly to the East of this property offering tenants numerous recreation opportunities as well. The property is well kept and has a low vacancy rate making this a great opportunity add a great multifamily complex to your portfolio in the fast growing Rapid City market.
Exterior Features

Construction Frame Entrance Community Entrance Lot Size 3.62 Lot Type Flat Parking GaragePaved Roofing Other Style 2.5 Story View City

Interior Features

Cooling ElectricWall Foundation Slab Heating ElectricBaseboard

Property Features

Auction YN No Documents On File Owner Operating StmtAppraisalLeases Features Some UnitsBalcony/DeckFamily RoomKit/DR Combo Includes All UnitsRefrigeratorRange/Oven Miscellaneous Master MetersCentral Water HeaterIndividual Heat & Air Multifamily Type Multiplex Possession Negotiable Safety Features Smoke Detectors Sewer City Tenancy Type 1 Year Lease Vacancy Rate 0 - 5% Water City Will Sell CashNew Loan Zoning Conforming

© 2025 Black Hills Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Ed Dreyer of RE/MAX ADVANTAGE: 605-343-7653.


© 2025 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 Will Dixon Real Estate at Keller Williams Realty Black Hills. Data last updated: 2025-06-17T19:16:33.9.
 
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Will Dixon Real Estate at Keller Williams Realty Black Hills
2401 West Main Street
Rapid City SD, 57702