$209,900

217 E Monroe St Rapid City, SD 57701

$2,493
Closing credit¹
Multi-Family

Property details

About 217 E Monroe St

Great investment opportunity, up down duplex with separate entrances in the rear. Each unit has separate electric and gas. Owner pays the water, sewer and trash Main Floor Unit: 2 bedrooms, 1 bathroom, living room, and kitchen. Currently rented for $700/month. Lower-Level Unit: 2 bedroom, 1 bathroom, living room and kitchen Currently rented for $650.00/month Both units have common entrance at the back of the house. Recent update have been new hardboard siding, vinyl windows and new furnace for the lower unit. This location is within walking distance of many downtown attractions, employment and shopping, making it highly desirable for tenants. Don't miss out on this great investment opportunity!

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
(ACTIVE)
Year built1952
ParkingSee Remarks
MLS #173624
ViewCity

Summary

  • Parking: See Remarks
  • View: City
  • Architectural Style: Up & Down
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $209,900
  • Annual Tax Amount: $2,537
  • Tax Year: 2024
  • Lot: Interior Lot
  • Year Built: 1952
  • MLS Number: 173624
  • Office Name: COLDWELL BANKER BLACK HILLS LEGACY
  • Listing Agent: JOE MUTH

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. 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 Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.

Copyright © 2025 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 1:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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217 E Monroe St, Rapid City, SD 57701 - rear view of property featuring fence and a lawn

$209,900

217 E Monroe St

$2,493

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$186,600$2,537
2023$178,100$2,560
2022$166,600$1,706
2021$102,300$1,713
2020$99,400$1,650
2019$94,900$1,581
2018$91,100$1,477

History based on county public records data.

Nearby schools

2

General Beadle Elementary School

Public District KG-5

0.4 mi

10 Van Buren St

2

Knollwood Heights Elementary School

Public District KG-5

0.7 mi

1701 Downing St

3

Horace Mann Elementary School

Public District KG-5

1.2 mi

902 Anamosa St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,305. Most Rapid City, SD residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

70%
<35k
29%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Rapid City, SD

Rapid City's transport infrastructure includes a network of major roads and highways, such as Interstate 90, facilitating travel and commuting. Public transportation services are available, providing residents with additional options for getting around the city. The area's walkability varies, with downtown Rapid City being more pedestrian-friendly. Ride-sharing services are operational in the city, complementing the existing transport options.

The community benefits from a solid educational system, with a number of public and private schools serving the area, as well as higher education institutions like South Dakota School of Mines & Technology. Healthcare services are robust, with several hospitals and clinics providing comprehensive care. Retail and dining options reflect the local culture, offering a blend of national chains and unique local businesses.

Rapid City is celebrated for its proximity to natural landmarks and a vibrant cultural scene. The community prides itself on outdoor activities available in the nearby Black Hills and annual events that showcase the area's rich history and community spirit, such as the Black Hills Powwow and the Central States Fair.

Rapid City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from ranch-style homes to split-levels and contemporary designs. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development in the city.

About 217 E Monroe St

This home is located at 217 E Monroe St in Rapid City, SD and zip code 57701. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $209,900.

While more than 6 listings in Rapid City, SD in April 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 17 were sold below. The number of homes for sale in Rapid City, SD increased by 46.4% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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