Off Market Dec 2020 for $308K

—

Est. refi paymentEst. refi $2,055/mo

—

•

— ba

•

2,600

sq ft

304 Racine St, Rapid City, SD 57701

About this home

Calling investors- do not miss this better than 7% CAP rate property! * 6 unit multi-plex with steady cash flow and long term 96% occupancy rates * Consistent maintenance and upgrades make this a turn key rental property opportunity * New roof and gutters in 2019 * 3 units are 1 bed/1 bath, 2 units are 2 bed/1 bath and 1 unit is a studio * Detached 2-car garage for storage * Ample parking available between designated parking spaces and on street parking * Private and communal entrances * 4 of the 6 units have private washer/dryer hookups (appliances for these belong to tenant) * Kitchen appliances for all units stay * Communal dumpster on site * Flat yard space available. Centrally located near Roosevelt Swim Center and local businesses, call today! Listed by Pete Jensen, KWBH, 605-484-6713.

Multi-familyProperty Type

1924Year Built

$118Price/Sq.Ft.

Listed by PETE JENSEN • KELLER WILLIAMS REALTY BLACK HILLS

Redfin checked: a minute ago

•Source:BHMLS #150921

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 57701, SD

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.9%

0.3% MoM

Median sale price

$320K

$3K MoM

Avg. days on market

62d

1 days MoM

Recently sold homes

181

5 MoM

New listings for sale

NEW 2 MINS AGO
221 Quincy St, Rapid City, SD 57701
$195,000
2 beds1 bath1,002 sq ft
221 Quincy St, Rapid City, SD 57701
NEW 10 HRS AGO
$339,900
4 beds2 baths1,748 sq ft
320 St Charles St, Rapid City, SD 57701
NEW 10 HRS AGO
$259,500
3 beds1 bath1,400 sq ft
217 E St Francis St, Rapid City, SD 57701
NEW 18 HRS AGO
$339,900
4 beds2 baths— sq ft
320 Other, Rapid City, SD 57701
$189,000
3 beds1 bath1,240 sq ft
1117 Silver St, Rapid City, SD 57701
$130,000
3 beds2 baths1,153 sq ft
840 N Spruce, Rapid City, SD 57701
$246,500
3 beds1 bath912 sq ft
142 E Montana St, Rapid City, SD 57701
$410,000
3 beds3 baths1,881 sq ft
342 E Bengal Dr, Rapid City, SD 57701
$389,900
4 beds3 baths2,563 sq ft
624 St Andrew St, Rapid City, SD 57701
$600,000
— beds— baths— sq ft
711 5th St, Rapid City, SD 57702
See all

Provided by Redfin

Sale history for 304 Racine St

Year

Property tax

Land + Additions

Assessment*

2025

$6,156 (+3.9%)

$44,200 + $414,600

$458,800

2024

$5,925 (+18.0%)

$44,200 + $414,600

$458,800

2023

$5,020 (+12.1%)

$44,200 + $308,500

$352,700

2022

$4,479 (−2.6%)

$44,200 + $250,800

$295,000

2021

$4,600 (−2.4%)

$44,200 + $250,800

$295,000

2020

$4,712 (+36.8%)

$44,200 + $228,300

$272,500

2019

$3,443 (+7.1%)

$44,200 + $151,300

$195,500

2018

$3,214 (+11.1%)

$44,200 + $150,900

$195,100

2017

$2,893 (−7.8%)

$44,200 + $142,400

$186,600

2013

$3,138

$44,200 + $108,300

$152,500

Tax history for 304 Racine St

Year

Property tax

Land + Additions

Assessment*

2025

$6,156 (+3.9%)

$44,200 + $414,600

$458,800

2024

$5,925 (+18.0%)

$44,200 + $414,600

$458,800

2023

$5,020 (+12.1%)

$44,200 + $308,500

$352,700

2022

$4,479 (−2.6%)

$44,200 + $250,800

$295,000

2021

$4,600 (−2.4%)

$44,200 + $250,800

$295,000

2020

$4,712 (+36.8%)

$44,200 + $228,300

$272,500

2019

$3,443 (+7.1%)

$44,200 + $151,300

$195,500

2018

$3,214 (+11.1%)

$44,200 + $150,900

$195,100

2017

$2,893 (−7.8%)

$44,200 + $142,400

$186,600

2013

$3,138

$44,200 + $108,300

$152,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

—

Sq. Ft.

2,600

Year built

1924

Style

Other

County

Pennington County

APN

20352

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 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

Property details

Parking

Parking/Garage Information
Parking Features: On Street

Interior

Heating & Cooling
Has Heating
Heating: Electric, Forced Air

Room Information
Has Basement
Basement Details: Finished

Exterior

Exterior Features
Roof: Composition

Building Information
Construction Materials: Frame

Property Features
Has View

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multiplex

Lot Information
Lot Features: Corner Lot, Level
Lot Size : .29
Zoning: Unknown
Zoning Description: Unknown

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Location Information
Subdivision Name: BLAKES ADD

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,600
Stories: 2.0
Lot Size: 0.29 acres
Style: Other
Year Built: 1924
Year Renovated: —
County: Pennington County
APN: 20352

Home facts updated by county records on Jul 20, 2026

Around this home

Schools

General Beadle Elementary - 01

Public PreK-5 • Assigned • 0.8mi

1/10

North Middle School - 35

Public 6-8 • Assigned • 1.1mi

2/10

Central High School - 41

Public 9-12 • Assigned • 1.3mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

3% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Rapid City. 3 minutes to get started.

Nearby similar homes

$275,000

— beds— baths— sq ft

802 Miners Ave, Lead, SD 57754

$16,500,000

— beds— baths— sq ft

1050 Valley Dr, Rapid City, SD 57701

$999,500

5 beds— baths5,198 sq ft

811 Mallow St, Rapid City, SD 57701

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— beds— baths— sq ft

1948 Hillsview Dr, Rapid City, SD 57702

$299,000

— beds— baths— sq ft

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— beds— baths— sq ft

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New listings for sale in 57701

NEW 2 MINS AGO

$195,000

2 beds1 bath1,002 sq ft

221 Quincy St, Rapid City, SD 57701

NEW 10 HRS AGO

$339,900

4 beds2 baths1,748 sq ft

320 St Charles St, Rapid City, SD 57701

NEW 10 HRS AGO

$259,500

3 beds1 bath1,400 sq ft

217 E St Francis St, Rapid City, SD 57701

NEW 18 HRS AGO

$339,900

4 beds2 baths— sq ft

320 Other, Rapid City, SD 57701

$189,000

3 beds1 bath1,240 sq ft

1117 Silver St, Rapid City, SD 57701

$130,000

3 beds2 baths1,153 sq ft

840 N Spruce, Rapid City, SD 57701

$246,500

3 beds1 bath912 sq ft

142 E Montana St, Rapid City, SD 57701

$410,000

3 beds3 baths1,881 sq ft

342 E Bengal Dr, Rapid City, SD 57701

$389,900

4 beds3 baths2,563 sq ft

624 St Andrew St, Rapid City, SD 57701

Home values near 304 Racine St

Data from public records.

Address	Redfin Estimate
422 Racine Street, Rapid City, SD 3 Beds \| 1.5 Baths \| 1274 Sq. Ft.	$263,664
506 East Philadelphia Street, Rapid City, SD 4 Beds \| 2.5 Baths \| 1720 Sq. Ft.	$296,315

Address	Redfin Estimate
302 Racine Street, Rapid City, SD 2 Beds \| 1 Baths \| 1074 Sq. Ft.	$250,065
505 East Denver Street, Rapid City, SD 3 Beds \| 2 Baths \| 1811 Sq. Ft.	$280,275

Address	Redfin Estimate
325 Racine Street, Rapid City, SD 3 Beds \| 1.5 Baths \| 1488 Sq. Ft.	$268,905
508 East Philadelphia Street, Rapid City, SD 4 Beds \| 3 Baths \| 2016 Sq. Ft.	$289,075

Property information provided by BHMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 57701, SD

Sale history for 304 Racine St

Tax history for 304 Racine St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 57701

Home values near 304 Racine St

More real estate resources