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.
Downtown Rapid City, located between Memorial Park and Dinosaur Park, is a historic and walkable Rapid City neighborhood with brick-front blocks and a public-art streetscape. The neighborhood’s character concentrates around Main Street Square and the surrounding stretch of Main Street, where patios, galleries, coffee counters, and late-night marquees keep the sidewalks active. Architectural details lean early-20th-century commercial, with restored facades and upper-floor windows above street-level storefronts. Main Street Square anchors the calendar with open-air gatherings and seasonal installations. The Dahl Arts Center and the Journey Museum & Learning Center serve as cultural pillars alongside the storied Hotel Alex Johnson. Creekside paths along Rapid Creek add a quieter edge to the grid.
Provided by Walk Score and Local Logic
Offer insights
1120 Mt Rushmore Rd · $310,000
$310K and above
75% chance or better to win
Why $310K+ is a strong offer
DAYS ON MARKET
36 days
The average home goes pending in 64 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Window coverings
Basement
Bathrooms
2 full bathrooms
Kitchen
Electric oven
Oven
Microwave
Refrigerator
Laundry & utility
Dryer
Flooring
Carpet
Heating & cooling
Forced air heating
Exterior features
Privacy wood fencing
Level lot
Has a view
Home design
Single-family residence
One story
Construction
Frame construction
Composition roof
Utilities
220 volt electric
HOA & community
No association amenities
Other
Subdivision: BOULEVARD ADD
Electricity and solar
View estimated energy costs and solar savings for this home
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
—
Finished Sq. Ft.
1,280
Unfinished Sq. Ft.
—
Total 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.
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
84
63
83
61
83
55
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
Redfin Estimate for 1120 Mt Rushmore Rd
$305,604
$4,396 under list price of $310K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $270K to $354K.