118 E SIGNAL DR, Rapid City, SD 57701
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118 E SIGNAL DR, Rapid City, SD 57701
118 E SIGNAL DR, Rapid City, SD 57701
118 E SIGNAL DR, Rapid City, SD 57701
118 E SIGNAL DR, Rapid City, SD 57701
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Arnie + Tina Sharp

Arnie + Tina Sharp

+1(605) 858-9722
Listed byMIKE ZACHMEIER • THE REAL ESTATE GROUP, INC.
$ 198,900
Est. payment /mo
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Active

118 E SIGNAL DR Rapid City, SD 57701

4 Beds

1,272 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Residential Income

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,272 sqft

Price per Sqft $156

MLS Listing ID 181156

Style SCHEIBE SUBDIVISION

Bedrooms 4

HOA Y/N No

Year Built 1952

Lot Dimensions Irreg (0.15 ac)

Property Sub-Type Duplex

Property Description

This frame stucco, nonconforming side-by-side duplex could also work for multi-generational families. Unit 118 features 2 bedrooms, a backyard shed, and a fenced backyard with parking on the street. Unit 120 features 2 bedrooms, a fenced back yard, a shared driveway & 1-stall garage. There is a blocked doorway connecting the two units that could possibly be reopened if desired. Unit 118 tenant broke the lease in September, but was paying $895/mo; unit 120 tenant plans to leave sometime in October and currently pays $925/mo. Laundry hook-ups are in place, but tenants supply their own washer, dryer, and window AC units. Actual income (including late fees) & expenses for 2025 are listed, providing a cap rate of >8%. Listing Agent is an officer of the LLC holding this property.

Location

State SD

Area Other

Zoning Non-conforming

Direction From 5th/St Joseph St, E on St Joseph, S on East Blvd, E on E Signal Dr to address on left side of street - park along the curb

Interior

Interior Features All Units, Some Units, LR/DR Combo, Kit/DR Combo, Smoke Free

Heating Forced Air, Natural Gas, Individual Heat

Cooling None

Window Features Window Coverings

Appliance Individual Water Heaters

Laundry Laundry Hookups

Exterior

Exterior Feature Private Entrance, Fenced Yard

Parking Features Garage, On Street

View Y/N Yes

Roof Type Composition

Porch Patio

Garage Yes

Building

Foundation Slab

Sewer City (at site)

Water Public

Architectural Style SCHEIBE SUBDIVISION

Others

Security Features Smoke Detector(s)

Acceptable Financing Assumable, Cash, New Loan

Listing Terms Assumable, Cash, New Loan

Arnie + Tina Sharp

ARNIE + TINA SHARP

Phone

+1(605) 858-9722

Address

628 Jackson Blvd, Rapid City, SD 57702-2526, USA

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