Excellent investment opportunity on Mt. Rushmore Road! Currently operating as a successful up/down duplex short term rental, this 2-bedroom, 2-bathroom property is ideally located to take advantage of Rapid City's busy tourism season. The main level offers a comfortable 1-bedroom, 1-bathroom unit, while the lower level has been converted into a studio with its own bathroom, providing flexibility for short-term rentals, owner occupancy, or other income-producing possibilities. The backyard creates a great space for guests to relax, gather, or enjoy the outdoors. The property is being sold fully furnished, making it a turnkey opportunity for the next owner to continue operating as a short-term rental or explore other options. Conveniently located near downtown Rapid City, restaurants, shopping, and the gateway to the Black Hills, this versatile property is ready for its next chapter.
Est. $1,488 per month, based on comparable rentals
Sale and tax history for 1120 Mt Rushmore Rd
Sale History
Tax History
Date
Event
Price
BHMLS #89635
Sep 11, 2026
Contingent
—
Sep 2, 2026
Price Changed
$305,000
$238/sq ft
Jul 24, 2026
Listed
$310,000
$242/sq ft
BHMLS #180184
Oct 2, 2026
Sold
$274,000
$214/sq ft
Sep 11, 2026
Contingent
—
Sep 2, 2026
Price Changed
$305,000
$238/sq ft
Aug 6, 2026
Price Changed
$310,000
$242/sq ft
Jul 24, 2026
Listed
$319,000
$249/sq ft
BHMLS #145128
Sep 12, 2019
Sold
$152,000
$119/sq ft
Jul 22, 2019
Listed
$155,000
$121/sq ft
Listed with TJ Wojtanowicz at Black Hills Realty 605-863-1920. Are you looking for a centrally located AND reasonably priced duplex? Look no further!! This home features 2 beds, 2 baths, 640 sq ft on each level. Seller has received $630 for rent in lower level and lived on the main level. Home has had new carpet, paint and been well maintained. Call to view today
BHMLS #129085
Aug 17, 2016
Sold
$86,550
$68/sq ft
Jun 9, 2016
Listed
$86,550
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,071 (+2.1%)
$38,200 + $116,800
$155,000
2024
$2,029 (−2.2%)
$38,200 + $116,800
$155,000
2023
$2,075 (+6.3%)
$36,500 + $110,200
$146,700
2022
$1,951 (+29.7%)
$30,400 + $98,100
$128,500
2021
$1,504 (+16.9%)
$30,400 + $98,100
$128,500
2020
$1,287 (+14.2%)
$30,400 + $61,600
$92,000
2019
$1,127 (+2.8%)
$25,400 + $53,900
$79,300
2018
$1,097 (−1.6%)
$25,400 + $53,900
$79,300
2017
$1,115 (+4.1%)
$25,400 + $53,700
$79,100
2016
$1,071 (−21.7%)
$29,100 + $47,600
$76,700
2013
$1,367
$29,100 + $41,700
$70,800
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
3,537 Sq. Ft.
Year renovated
—
Sq. Ft.
1,280
Year built
1926
Style
Single Family Residential
County
Pennington County
APN
20694
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 22, 2026.
MDR
Medium Density Residential District
This is a residential district to provide for medium to high population density. The principal uses of land may range from single-family to multiple-family apartment uses. Certain uses which are more compatible functionally with intensive residential uses than with commercial uses are permitted. The recreational, religious and educational facilities, and other related uses in keeping with the residential character of the district may be permitted on review by the Common Council.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Agriculture-Cropland
Sep 26, 2019 • Final
Roofing
Work on a roof.
Roofing
Mar 16, 2017 • Final
Residential
Repair water damage in the basement.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Bathrooms: 2
Heating & Cooling
Has Heating
Heating: Forced Air
Interior Features
Window Features: Window Coverings
Appliances: Dryer, Refrigerator, Microwave, Electric Oven, Oven
Flooring: Carpet
Room Information
Has Basement
Exterior
Exterior Features
Fencing: Privacy, Wood
Roof: Composition
Building Information
Construction Materials: Frame
Property Features
Has View
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Lot Features: Level
Lot Size Acres: 0.08
Utilities
Utility Information
Electric: 220 Volts
Location
HOA Information
Association Amenities: None
Schools Information
School District: Rapid City
Location Information
Subdivision Name: BOULEVARD ADD
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,280
Stories: —
Lot Size: 3,537 square feet
Style: Single Family Residential
Year Built: 1926
Year Renovated: —
County: Pennington County
APN: 20694
Home facts updated by county records on Apr 22, 2026
Other
Listing Information
List AOR: Black Hills AOR
Around this home
Schools
Woodrow Wilson Elementary - 17
Public K-5 • Assigned • 0.3mi
5/10
South Middle School - 36
Public 6-8 • Assigned • 1.1mi
3/10
Central High School - 41
Public 9-12 • Assigned • 0.9mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Rapid City, SD • 57701
Average low and high temperatures (°F)
37
16
40
17
56
32
59
36
70
47
79
56
89
66
83
61
79
54
67
43
49
29
47
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$279,000 – $337,000
Sell confidently with a local market expert in Rapid City.